‘Over 50 shades of grey’ in corporate taxes make automation tough Finding consistency in direct tax and transfer pricing matters makes it increasingly challenging to automate repetitive or routine tasks in the global tax function, say tax technology leaders. By Danish Mehboob February 18 2019
CbCR: MNEs invest more in tech and personnel to address audit risks Tax heads are spending millions on new technology and staff to deal with what can be unfair audits by tax authorities looking at county-by-country reports (CbCR), adding data to what... By Danish Mehboob February 12 2019
Skills exchange helps tax teams succeed with digital reporting Tax departments are partnering with other corporate functions to obtain the skills required to comply with technology-driven tax policies as they try to find a way around limited budgets and... By Danish Mehboob February 11 2019
EU code of conduct on business taxation groups gets new chairperson Lyudmila Petkova has replaced Fabrizia Lapecorella as the chairperson of the EU Council’s working group that oversees the implementation of the EU’s code of conduct on business taxation. By Danish Mehboob February 08 2019
Falling tax rates only one part of incentivising business investment Corporate tax rates continue to fall due to increasing cross-border competition through tax reform, but tax heads have more to consider when investing overseas than just rates. By Danish Mehboob February 06 2019
Automation challenges under varying SAF-T frameworks Multinationals are being forced to implement complex automated solutions to comply with the differing reporting frameworks across Europe because local tax authorities are more focused on tackling VAT fraud than... By Danish Mehboob February 04 2019
Tax directors explain the importance of data modelling Businesses are increasingly using data modelling to more accurately determine their tax liabilities and prove their compliance to tax authorities amid the political pressures that are constantly changing the goal... By Danish Mehboob February 01 2019
The dangers of tax 'over-tooling' In-house tax teams are implementing tailored software solutions due to the low cost of technology, but should beware of ‘over-tooling’ and employ a coherent purchasing strategy, writes Danish Mehboob. By Danish Mehboob January 28 2019
REITs on the rise under Trump’s tax cuts Advisors and fund managers expect more qualified opportunity funds (QOFs) to be organised as real estate investment trusts (REITs) to maintain key US tax benefits under the TCJA's qualified opportunity... By Danish Mehboob January 28 2019
Stronger tax competition predicted among Swiss cantons post-tax reform Tax competition between Switzerland’s cantons is expected to become even stronger following tax reform, say tax directors at leading companies. By Danish Mehboob January 28 2019