Corporate tax is set to rise in the UK for the first time in decades, but the headline rate remains historically low despite what many observers think.
President Joe Biden’s nominee is set to be confirmed as IRS commissioner for a five-year term.
British companies are waiting to hear the details of what will replace the 130% ‘super-deduction’ next week, while Spain considers stopping a major infrastructure company moving to the Netherlands.
President Joe Biden wants to raise corporate tax and impose a higher stock buyback tax on US businesses, but his budget proposal faces insurmountable obstacles in Congress, writes Ralph Cunningham.
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Sponsored by Gatti Pavesi Bianchi LudoviciPaolo Ludovici and Andrea Iannaccone of Gatti Pavesi Bianchi Ludovici explain how the introduction of Regulation (EU) 2022/2560 tackles the issues arising from the provision of subsidies to undertakings from third countries. -
Sponsored by DLA Piper AustraliaJun Au of DLA Piper Australia analyses the expansion of the existing registers regarding foreign ownership of Australian assets in July 2023 and reports on the ruling in a case concerning sham payroll service entities.
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Sponsored by KPMG ChinaJoin ITR and KPMG China at 10am BST (5pm China Standard Time) on May 4, as tax experts consider the crucial impact China’s potential adoption of GloBE rules could have for businesses.
EY is still negotiating the terms of the plan to split its audit and consulting functions, but the future of tax services is reportedly a sticking point.
President Joe Biden’s nominee is a step closer to taking over the Internal Revenue Service.
In some cases because of pressure from jurisdictions and organisations outside the region, Asian countries have put taxpayers on notice that they intend to focus more resources on anti-avoidance. Ralph Cunningham reports.
Dow Chemical Canada is taking a transfer pricing dispute to the highest court, while China is reportedly marginalising the ‘big four’ auditors.
The EU may have to take the lead on international taxing rights if the OECD’s pillar one falls short this year, but global divisions persist.
Hong Kong SAR’s 2023-24 budget sets out tax changes such as a patent box and one-off cuts to support the COVID-19 economic recovery.
The EU should not rule out implementing pillar one on its own if global talks fail, according to French Finance Minister Bruno Le Maire.
Prime Minister Rishi Sunak is facing growing pressure from Conservative MPs to cancel the increase in corporate rate scheduled in April.
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Opinion: Laffer curve still hangs over mainstream tax debate
Arthur Laffer's famous bell curve still looms large in tax policy even though the evidence for it doesn’t stack up. -
Opinion: Conservative calls for UK tax cuts are not about growth
The UK government is facing more pressure to cancel its plan to raise corporate tax, but the demands from Conservative politicians are more about the political agenda than growth. -
Opinion: The FairTax Act is doomed by design
The proposal might offer a simpler alternative to the complex US corporate tax system, but a national sales tax is still a dead end in American politics. -
Opinion: OECD tax policymakers should welcome UN competition
The UN aims to take a much bigger role in global tax policymaking and developing countries are likely to welcome that. -
Opinion: Trump’s tax legacy is secure whatever happens in 2024
It’s one of the great ironies of recent history that a populist Republican may have helped make international tax policy more progressive.
ITR invites tax firms, in-house teams, and tax professionals to make submissions for the 2023 ITR Tax Awards in Asia-Pacific, Europe Middle East & Africa, and the Americas.
The winners of the ITR Americas Tax Awards have been announced for 2022!
The winners of the ITR EMEA Tax Awards have been announced for 2022!
12th annual awards announce winners