Taxpayers scrutinise substance following wider anti-abuse rules Taxpayers are making sure they have the “right substance” after the EU anti-hybrid mismatch rules took effect on January 1 2020 to target complex structures. By Danish Mehboob January 31 2020
Taxpayers expect slower growth under the OECD’s pillar two Taxpayers expect business expansion to slow from a mismatch between pillar two and controlled foreign corporation (CFC) rules as the OECD continues its rewrite of tax rules into January. By Danish Mehboob January 27 2020
The UK may limit DAC6 disclosures after Brexit Advisors have told ITR that the EU mandatory disclosure regime (DAC6) was “poorly scoped” and may be revised or even phased out in the UK following Brexit. By Danish Mehboob January 20 2020
Forced SAP upgrade is big on tax transformation agenda Migrating to S/4 HANA is necessary to avoid higher costs as SAP phases out its support for older enterprise resource planning software (ERPs). By Danish Mehboob January 17 2020
Americas tax landscape can rewrite trade in 2020 Taxpayers across the Americas tell ITR that they are most concerned about trade issues over the coming year because of political shifts, digital service taxes (DSTs), and tax reforms forcing... By Danish Mehboob January 13 2020
UAE taxpayers use CbCR to prepare for tax digitalisation in 2020 UAE-based taxpayers are using country-by-country reporting (CbCR) to improve business partnering opportunities and address gaps before the Federal Tax Authority (FTA) introduces a digital tax policy and real-time e-invoicing system. By Danish Mehboob January 08 2020
Austria and Ireland may face EU challenge over ATAD Businesses in Austria and Ireland enter 2020 with uncertainty on corporate borrowing because both countries will likely miss the January 27 deadline to introduce interest limitation rules. By Danish Mehboob January 06 2020
EU action safeguards OECD global tax reform The European Parliament advanced a resolution on December 18 to adopt an EU standard to tax digital companies in case the OECD fails to find consensus on its global approach. By Danish Mehboob December 19 2019
Inaccuracies in HMRC’s revised IR35 CEST tool risks litigation Tax barristers have warned that HMRC’s check employment status for tax (CEST) tool is inconsistent with tribunal decisions and companies should use a range of resources to protect their workforce... By Danish Mehboob December 19 2019
Global Tax 50 2019: Tim McDonald Vice president of global taxes at Procter & Gamble By Danish Mehboob December 17 2019
