New tax disputes tool necessary to advance digital tax debate Tax professionals say that advanced pricing agreements (APAs) and mutual agreement procedures (MAPs) are not enough to gain agreement on the OECD’s digital tax proposals. By Danish Mehboob October 14 2019
Mixed views on the OECD’s proposed ring-fencing scope and nexus Taxpayers told ITR they remain ‘cautiously optimistic’ about the OECD’s proposal to narrow the scope and nexus in Pillar one of the digital tax debate to target consumer-facing companies with... By Danish Mehboob October 11 2019
Data-driven tax audits add to digitalisation uncertainties Tax directors not using the same tools as tax authorities, including machine learning algorithms, are at risk of missing discrepancies caught during a tax audit. By Danish Mehboob October 04 2019
Indian MNEs delay lower tax rates to utilise MAT credits Businesses with a large amount of minimum alternate tax (MAT) credits are choosing to use up the benefits before opting into India’s reformed corporate tax regime and losing the incentive. By Danish Mehboob October 03 2019
Tax directors still hunting for tech-savvy professionals There are a numerous tax technology tools for compliance, but tax directors struggle to find people who understand the mechanics of the insights that these tools are generating for tax... By Danish Mehboob September 27 2019
Taxpayers surprised by India’s corporate tax cuts India surprised companies with an immediate cut to its corporate tax rates to boost investment, but investors are cautious about India’s competitiveness amid a slowdown in regional and global growth. By Danish Mehboob September 23 2019
Digital reporting can put taxpayer relationships at risk Tax heads shared their challenges to digital, data-driven tax reporting that could impact relationships with tax authorities and clients at the ITR Taxation of the Digital Economy Summit in London. By Danish Mehboob September 20 2019
New tax models find narrower faults in international tax system Academics are pitching models to policymakers, including the OECD, that assess the impact of external factors such as corporate tax cuts on other parts of the tax base across countries. By Danish Mehboob September 17 2019
OECD MAP statistics offer mixed views on dispute resolution The OECD’s statistics on mutual agreement procedures (MAPs) released today show taxpayer confidence in the tool is growing, but it also reflects greater disagreement over international tax rules. By Danish Mehboob September 16 2019
Investments need a tax neutrality standard to unlock treaty benefits The 2019 IFA General Report on investment funds showed fund taxation is rapidly evolving, but an inconsistent and limited international definition on tax neutrality has limited funds from benefiting from... By Danish Mehboob September 12 2019
