Women in Tax: Ownership of tax technology projects is a key question for MNEs Tax, finance, and IT departments must agree on which team is responsible for maintaining technology systems to avoid disputes. By Alice Jones June 23 2021
Indian MNEs await solution on tax portal glitches The Indian Revenue Service (IRS) allowed manual filings of forms 15CA and 15CB after glitches with the Infosys portal left multinational enterprises (MNEs) unable to complete their tax filings. By Alice Jones June 21 2021
Tax experts say diversity and inclusion is a ‘business imperative’ Diversity in the tax world often decreases as positions become more senior. Tax departments need to address inequalities relating to socioeconomic background and disability. By Alice Jones June 16 2021
ERP systems’ failure to prioritise tax affects data quality Tax directors said automation and artificial intelligence (AI) could help tax teams to minimise risks created by enterprise resource planning (ERP) systems that were not designed with tax in mind. By Alice Jones June 16 2021
Discrepancies in tax authority requirements create risks for MNEs Multinational enterprises (MNEs) could face investigation because of discrepancies between SAF-T and general ledger (GL) dates, and Intrastat and EC Sales List (ESL) reports. By Alice Jones June 09 2021
G7 minimum tax agreement is a step towards a global consensus The G7 countries agreed to a global minimum corporate tax rate of 15%, but further tests will come at the G20 and OECD levels. Meanwhile, tax professionals highlighted significant flaws... By Alice Jones June 07 2021
Survey results: Environmental tax in a post-COVID world ITR’s survey found that governments could introduce corporate income taxes based on environmental impact, while tax breaks for fossil fuels are on the way out. By Alice Jones June 02 2021
Tax Transparency in Africa 2021 report highlights key role of EOI The latest Africa Initiative report shows that exchange of information (EOI) will be key to rebuilding Africa’s economies after COVID-19, while global minimum tax discussions continue to face accusations of... By Alice Jones May 28 2021
Tax directors walk the line with revenue authorities The balance of power between multinational enterprises (MNEs) and tax authorities is shifting with increasing tax transparency, but tax directors should not be afraid to push back on unreasonable requests. By Alice Jones May 26 2021
Prepare for tax administration 3.0, says Unilever tax chief Unilever and other multinational enterprises (MNEs) are prioritising a phased roll-out of tax technology to future-proof their processes as tax administrations invest in digitalisation and tax transparency measures increase. By Alice Jones May 26 2021
