Is the Mauritius tax treaty network crumbling? Tax researchers and academics expect a long-term domino effect on treaty renegotiations across Africa after Senegal and Zambia terminated their double tax agreements with Mauritius and countries want to maximise... By Danish Mehboob July 20 2020
OECD tax chief fears pillar two will not find support without pillar one The OECD’s two-pillar proposal to address the tax challenges of the digitalised economy are technically different, but it is unlikely that one pillar would be adopted without the other, according... By Danish Mehboob July 14 2020
Germany’s stance on DAC6 reporting undermines wider EU deferrals Advisors are surprised to see Germany choosing not to defer its DAC6 reporting deadlines. This means many EU-based multinational companies and their intermediaries will need to report historical arrangements sooner... By Danish Mehboob July 13 2020
OECD corporate tax statistics use CbCR data for the first time Tax policymakers and economists finally have access to data on the tax and economic activities of large multinationals for a better picture of the international tax system and BEPS. By Danish Mehboob July 08 2020
Survey results: Dispute management tools need updating Tax professionals told ITR that tax dispute management tools and procedures need reforming and the COVID-19 pandemic has exacerbated ongoing transfer pricing challenges in international tax. By Danish Mehboob July 06 2020
OECD model rules for digital platforms will pave the way for DAC7 The OECD’s latest model rules for reporting taxable transactions in the digital economy will shape the European Commission’s plans to expand the Directive on Administrative Cooperation (DAC) and automatic exchange... By Danish Mehboob July 06 2020
US businesses back 2020 timeframe for ‘reasonable’ digital tax solution US business groups reaffirmed their support for an OECD solution on how to tax the digital economy. This is despite the US government pausing talks and calling for the process... By Danish Mehboob June 29 2020
Countries clarify reporting after EU Council deferred DAC6 The UK is the latest country to defer reporting requirements under the EU’s mandatory disclosure regime after the EU Council agreed to defer reporting by six months, but not all... By Danish Mehboob June 25 2020
Tax economists double down on global tax multilateralism International Commission for the Reform of International Corporate Taxation’s (ICRICT) Joseph Stiglitz has reemphasised the need for global tax reforms after the US pulled out of digital tax negotiations with... By Danish Mehboob June 19 2020
Tax challenges will likely focus on benchmarking digital products Digital consumer-facing companies with hard-to-value intangibles (HTVI), such as visual effects software, are preparing for transfer pricing challenges as countries begin looking to recover tax revenues. By Danish Mehboob June 15 2020
