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
Siemens tax head chimes in on AI and tax technology at IFA As CFOs are breathing down tax directors’ necks about artificial intelligence (AI) there is an increasing need to get in-house tax technology moving ahead of a fast-paced digital tax environment. By Danish Mehboob September 11 2019
Multinational groups cannot react fast enough to BEPS Action 4 The move from principle-based approaches to mechanical-based approaches could expose multinationals to permanent instances of over-taxation or double taxation under BEPS Action 4 across jurisdictions. By Danish Mehboob September 09 2019
