UK budget offsets corporate tax burden with 'super deduction' The UK government has set out plans to increase the corporate tax rate from 19% to 25% in 2023, however, the budget also includes a historic 130% 'super deduction' to... By Danish Mehboob March 03 2021
US relinquishes its ‘safe harbour’ request in digital tax negotiations Multilateral agreement on digital taxation is more likely now that the Biden administration has removed the Trump-era ‘safe harbour’ requirement on pillar one, but some experts say technical details may... By Danish Mehboob March 01 2021
UN FACTI report receives mixed responses from tax professionals Taxpayers are sceptical of the practicality of tax recommendations in a high-level UN report, but tax justice campaigners think the document marks a pivotal step in revising the global tax... By Danish Mehboob February 26 2021
Companies opt for insurance over tax rulings to manage M&A TP risks More companies are paying for tax risk insurance policies to protect them in M&A deals where transfer pricing (TP) integration is not possible or an advance ruling has been delayed. By Danish Mehboob & Josh White February 25 2021
Dividend tax investigations in France and Sweden impact FS sector The European Commission issued letters of formal notice to France and Sweden to amend their tax rules on the distribution of dividends to financial services (FS) companies in other member... By Danish Mehboob February 22 2021
CJEU receives its first DAC6 case from Belgium high court The Constitutional Court of Belgium has requested a preliminary ruling from the Court of Justice of the EU (CJEU) about exceptions to reporting tax arrangements under the EU Council’s Directive... By Danish Mehboob February 22 2021
Amazon and Netflix increase US cash reserves as tax liabilities rise US technology companies, including Amazon and Netflix, are increasing their US cash reserves as they prepare for a higher tax burden under President Joe Biden’s administration. By Danish Mehboob February 15 2021
Yellen picks notable experts to join the US Treasury’s digital tax talks Recent appointments at the US Treasury’s Office of Tax Policy spell “big changes” for the Tax Cuts and Jobs Act (TCJA) and ongoing digital tax negotiations at the OECD. By Danish Mehboob February 05 2021
ITR Global Tax 50 2020-21: Saudi Arabia Tax and transfer pricing policies in Saudi Arabia gained momentum in 2020 and they have opened a door to unilateral measures in neighbouring Arab countries too. By Danish Mehboob February 05 2021
ITR Global Tax 50 2020-21: Dinh Tien Dung Minister of Finance of Vietnam By Danish Mehboob February 05 2021
