Ursula von der Leyen is under pressure to ensure her new team makes competitiveness a top priority. How tax policy is designed and implemented is crucial, writes Ralph Cunningham
After a protracted offensive from 10 Australian professional bodies, a Senate motion to strike out contentious new tax ethical rules has failed, but concessions were secured
The closely watched decision represents the final nail in the coffin for Apple and serves as a warning to other multinationals, experts have suggested
UK tax advisers have branded Reeves’ pledge to cap corporation tax at 25% as “a smart move” and “an easy give”
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Sponsored by DLA Piper AustraliaJock McCormack of DLA Piper Australia summarises Australia’s latest proposed double tax agreement as the country’s treaty reforms gather pace, and potential changes to the non-resident capital gains tax withholding rate and threshold
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Sponsored by GNV ConsultingThis month’s summary, by Ahdianto Ah and Reza Farhan of GNV Consulting, also explains a regulation providing for an import duty exemption on certain seeds and seedlings, and new supervisory powers for customs officials
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Sponsored by Lakshmikumaran & SridharanS Vasudevan and Harshit Khurana of Lakshmikumaran & Sridharan consider the winners and losers as India removes the 2% equalisation levy on overseas e-commerce operators to facilitate its implementation of the OECD’s pillar one solution
Staff will be required to spend 60% of their time with clients or in the office, it is understood
Partners in EY’s tax advisory practice have also reportedly been dismissed; in other news, PwC has lost another Chinese auditing client in the wake of the Evergrande matter
John Ball is currently serving as a managing director at Google, based in Sydney
The ‘big four’ firms want guidance on reporting forms, the use of the XBRL filing mechanism, and permanent establishment reporting
Parties can now submit a full application for tax relief, though the amount on offer is less than the total funds applied for
Barbara Pocock, an Australian Greens senator, tells ITR that professional accounting bodies must be held to account amid industry pushback over the tax scandal
Those interested have less than a week to respond to the latest consultation; in other news, large law firms are targets of IRS scrutiny and the OECD’s preferential tax regime reviews five jurisdictions
This is a big US election for pillar two, on which the two competing parties couldn’t be further apart, one expert tells ITR
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Opinion: Why HMRC sees mandatory qualification as the way forward
It is extraordinary that tax advisers in the UK can offer their services without having to join a professional body. This looks like it is coming to an end, Ralph Cunningham writes -
Opinion: How pillar two could reshape the tax function
While successful pillar two implementation will require collaboration across all units, a combination of internal and external tax advice is at the centre of the effort -
Opinion: Why ‘no surprises’ is Labour’s message to business on tax
The Labour Party is working hard to convince business that it will bring stability to tax policy if it wins the next UK general election. But it will be impossible to avoid creating winners and losers -
Opinion: Republicans risk more than they realise by opposing OECD
Conservative US politicians are building a narrative against the OECD’s two-pillar plan for international tax reform, but they have no serious alternative vision. -
Opinion: Biden could save pillar one, but there’s a catch
The OECD must pay attention to US politics because the next election could determine whether the country will make or break international tax reform.
ITR is delighted to reveal all the shortlisted nominees for the 2024 Americas Tax Awards
ITR is delighted to reveal all the shortlisted nominees for the 2024 Europe Middle East & Africa Tax Awards
ITR is delighted to reveal all the shortlisted nominees for the 2024 Asia-Pacific Tax Awards
The finalists for the 13th annual awards have been revealed