Australia
The controversial deal would ‘preserve the gains achieved under pillar two’, the OECD said; in other news, HMRC outlined its approach to dealing with ‘harmful’ tax advisers
Ryan hopes the buyout will help it expand into Asia and the Middle East; in other news, three German finance ministers have called for a suspension of pillar two
Australia’s CbCR rules have ‘widespread support’ and do not put American companies at a competitive disadvantage, the FACT Coalition said
It’s not all doom and gloom for the firm as it seeks to bounce back from the tax leaks controversy, but transparency and trust are still major issues
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Sponsored by Deloitte USCompanies, tax departments and tax professionals must leverage new technologies and cultivate their capabilities for the digital future. Jen Knickerbocker, Amanda Hale and Jeff Butt of Deloitte look at the roles they will play in preparing for the digital future of tax. -
Sponsored by DLA Piper AustraliaIn Glencore Investment Pty Ltd v Commissioner of Taxation of the Commonwealth of Australia [2019] FCA 1432, in a major victory for the mining giant, the Federal Court found in favour of Glencore, and held that the terms operating between the Glencore Australian subsidiary and its Swiss trader parent in the sale of copper concentrate were within an arm’s-length range.
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Sponsored by Deloitte Transfer Pricing GlobalMultinationals across all sectors should be ready as fundamental changes to the international taxation system make their way into reality. Alison Lobb, Robert Stack and Paul Riley introduce this special report.
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