This content is from: Portugal Does Portuguese tax law discriminate against EU pension funds? Portuguese documentation requirements for tax exemption require EU pension funds to submit certifications that are difficult to obtain. Is this ultimately deterring pension funds from investing into Portugal? By Vieira de Almeida January 31 2019
This content is from: Direct Tax OECD announces countries' plans to revolutionise international tax system The OECD has stunned the tax world by signalling countries’ willingness to consider radical steps to drag the global corporate tax system into the 21st century by addressing the challenges of the evolving world economy. By Alexander Hartley January 30 2019
This content is from: Sponsored Nuances embedded in Russia’s participation exemption Russian legal entities that make capital gains from the sale of shares are eligible for a 0% tax rate, yet the criteria for satisfying this arrangement may not always be so simple. By ITR Correspondent January 29 2019
This content is from: United States Cryptoassets: UK and US approach transactions in similar manner The UK’s tax authority, HM Revenue and Customs (HMRC), has recently published updated guidance on the tax treatment of cryptoassets. Kate Habershon, Neil McKnight and Nelson Yates II of Morgan, Lewis & Bockius examine... By Contributed January 29 2019
This content is from: United States Tax heads: A global standard is essential for blockchain adoption Tax directors examining tax technology opportunities know that regulating internal data and establishing a global reporting standard is a must when it comes to the successful cross-border adoption of any digital platf... By Danish Mehboob January 28 2019
This content is from: Sponsored Hong Kong: Hong Kong concludes free trade agreement negotiations with Australia By Curtis Ng & KPMG Hong Kong & Lewis Lu January 28 2019
This content is from: Netherlands Dutch court rules on deductibility acquisition and disposal costs The Dutch Supreme Court has provided clarity on deductibility of acquisition and disposal costs. Kuba Grabarz and Wessel Dekker of Baker McKenzie Amsterdam explore the consequences. By ITR Correspondent January 28 2019
This content is from: Sponsored Indonesia: Indonesia releases tax regulations on food and beverage provisions to employees By Benjamin Simatupang & GNV Consulting January 28 2019
This content is from: Sponsored Poland: Poland reforms income taxes for 2019 By MDDP & Monika M Dziedzic January 28 2019
This content is from: United States A practical guide for operational transfer pricing excellence A well-constructed and executed global operational transfer pricing (OTP) framework is essential to properly manage financial statements, taxes and reputational risk for multinational enterprises (MNEs), writes Richar... January 28 2019
This content is from: United States REITs on the rise under Trump’s tax cuts Advisors and fund managers expect more qualified opportunity funds (QOFs) to be organised as real estate investment trusts (REITs) to maintain key US tax benefits under the TCJA's qualified opportunity zone (QOZ) prog... By Danish Mehboob January 28 2019
This content is from: Switzerland Stronger tax competition predicted among Swiss cantons post-tax reform Tax competition between Switzerland’s cantons is expected to become even stronger following tax reform, say tax directors at leading companies. By Danish Mehboob January 28 2019
This content is from: Belgium The dangers of tax 'over-tooling' In-house tax teams are implementing tailored software solutions due to the low cost of technology, but should beware of ‘over-tooling’ and employ a coherent purchasing strategy, writes Danish Mehboob. By Danish Mehboob January 28 2019
This content is from: Sponsored China: China introduces tax and regulatory measures to stimulate investment In recent months, the Chinese government has been actively taking measures to stimulate the economy and attract further inbound investment. By Khoonming Ho & KPMG China & Lewis Lu January 28 2019
This content is from: Sponsored New Zealand: New Zealand proceeds with reform of GST on low-value imported goods New Zealand is changing the goods and services tax on low-value imported goods. By Russell McVeagh & Tim Stewart & Young-chan Jung January 28 2019
This content is from: Global Financial institutions adapt to tax transparency Tax transparency initiatives such as the CRS, AEOI and FATCA, and the upcoming mandatory disclosure rules, are having a profound impact on the operations and IT infrastructure of financial institutions (FIs) worldwide... By Contributed January 28 2019
This content is from: Global The battle for resources: Making the case for tax departments The rate of change in the tax regulatory environment in recent years has been rapid, arguably more so than at any other time in recent history. Heads of tax are competing with colleagues in other functions for a share... January 28 2019
This content is from: United States 2019: The eye of the storm After several years of rapid change, the international tax system appears to be entering a calmer phase, but the outlook suggests that some big challenges are on the horizon. Josh White looks at the 2019 forecast. By Josh White January 28 2019
This content is from: Sponsored Mexico addresses its northern border with new tax incentives Mexico’s northern border has always been a contentious zone given its proximity to the world’s largest consumer market: the US. Roberto Padilla Ordaz and Jorge Ramón Galland Ríos of Chevez Ruiz Zamarripa outline the l... By Chevez Ruiz Zamarripa & Jorge Ramón Galland Ríos & Roberto Padilla Ordaz January 28 2019
This content is from: Sponsored Potential tax inefficiencies in equity crowdfunding transactions in Mexico Mexican tax authorities are still yet to issue specific regulation surrounding crowdfunding activities, and with new a law addressing the financial technology sector at large, questions still remain surrounding the po... By Alejandro Santoyo & Creel & Luis Michel Sánchez January 28 2019
This content is from: European Union Banks feel the strain of getting ready for DAC6 Financial institutions are feeling the pressure of laying the groundwork for the reporting requirements of the EU’s mandatory disclosure rules (DAC6) as they take on a more vital role in tax planning and transparency. By Josh White January 25 2019
This content is from: Sponsored The new US–Mexico–Canada Agreement The US, Mexico and Canada have signed a new modernised trade agreement (USMCA) to replace the North American Free Trade Agreement (NAFTA). Oscar López Velarde and Daniela Iñigo Arroyo of Ritch, Mueller, Heather & Nico... By Ritch Mueller January 23 2019
This content is from: United States Upcoming US 10K filings to offer clues to BEAT and GILTI compliance Banks will be examining the February 10K filings of their competitors to see how they are dealing with the BEAT and GILTI provisions in the US Tax Cuts and Jobs Act (TCJA). By Danish Mehboob January 22 2019
This content is from: China Chances of China and Hong Kong tax harmonisation to impact investment decisions The potential for tax harmonisation between China and Hong Kong could harm the latter’s ability to compete against Singapore for foreign investment and as a regional hub location. By Danish Mehboob January 21 2019
This content is from: Austria EU’s majority voting proposal puts CCCTB back on the table The common consolidated corporate tax base (CCCTB) and digital services tax (DST) could be introduced if the EU Commission’s proposal for qualified majority voting (QMV) succeeds. By Danish Mehboob January 21 2019
This content is from: United Kingdom Alvarez & Marsal hires a new tax partner Jason Clatworthy has joined A&M’s tax advisory in London as a managing director. By Danish Mehboob January 15 2019
This content is from: Luxembourg DLA Piper hires Luxembourg tax partner and associate Jacques Wantz joins the firm from Allen and Overy as a partner, and will be joined by Emre Akan as an associate. By Alexander Hartley January 10 2019
This content is from: United States Weil, Gotshal & Manges hires partner in Washington, DC Devon Bodoh has joined the firm as a tax partner and will head the firm’s international and cross-border tax practice. By Danish Mehboob January 08 2019
This content is from: United States What the G20 should know about international cryptocurrency tax policy International cryptocurrency tax policy can achieve trust if it is done correctly, writes Michael Minihan, partner at BX3 Capital. By Contributed January 07 2019
This content is from: United States How to build an in-house team to take on technological advancements Tax heads at multinational enterprises share insights on how to build digitally-focused teams to meet real-time compliance obligations and reduce business costs. By Danish Mehboob January 04 2019
This content is from: Mexico Incoming Mexican government submits its first Economic Plan to Congress Mexico's Secretary of Treasury submitted the 2019 Economic Plan. While the plan does not create or increases taxes, it does include measures to increase the cash flow for tax authorities By Ritch Mueller January 02 2019
