Taxpayers caught up in CFC state aid ruling expect UK to appeal Companies such as the Daily Mail Group, Diageo and the London Stock Exchange are expecting the UK to appeal the EU’s state aid decision against the country’s CFC group financing... By Danish Mehboob May 13 2019
Companies see user participation as a nightmare Tax professionals are worried about how to identify user participation accurately within any digital business model, particularly given how easy it is for users to hide their true location. By Danish Mehboob May 08 2019
MNEs gain tax certainity through document standardisation Tax directors are dealing with more audits, but standardising global tax operations can greatly ease the burden because it helps tax authorities understand corporate tax positions better. By Danish Mehboob May 03 2019
Taxpayers say a sabbatical on BEPS would be a good thing Tax directors have criticised a post-BEPS environment for emboldening less experienced, less technically-knowledgeable tax authorities to start transfer pricing audits based on “unsound arguments” to crack down on aggressive tax... By Danish Mehboob May 01 2019
Norton Rose Fulbright hires tax partner in New York Norton Rose Fulbright has appointed David Burton as a renewable energy tax partner to help global clients with finance and energy transactions. By Danish Mehboob April 22 2019
McCarthy Tétrault hires Raj Juneja in Toronto McCarthy Tétrault has hired Raj Juneja as an equity partner to its transactional and tax advisory practice in Toronto. By Danish Mehboob April 19 2019
Tax liabilities to fluctuate under alternative rates after Libor is phased out Tax professionals are concerned about a rising tax burden from adjusting profit and loss (P&L) statements after regulators axe the London inter-bank offered rate (Libor), mainly from trying to re-negotiate... By Danish Mehboob April 17 2019
ERP systems preferred over tax engines to determine tax payments Tax directors explain why they prefer ERP system customisations over tax engines to help them automatically determine their tax liabilities despite both options having their fair share of problems. By Danish Mehboob April 15 2019
Investors want a global standard for MNE tax disclosures Investors are using multinational companies’ tax disclosures, such as country-by-country reports, to inform their investment decisions – and want consistent disclosure formats to make comparisons easier. By Danish Mehboob April 10 2019
Survey: Untangling CFC rules and regimes The process of understanding and complying with differing rules targeting controlled foreign corporations (CFCs) and their shareholders is tough. Taxpayers can voice their concerns anonymously in this month’s survey on... By Danish Mehboob April 10 2019
