This content is from: United States Controversial border-adjustment tax survives in US TCJA Paul Nylen, assistant professor of tax at the University of Wisconsin – Whitewater, explains how the US government has managed to include the divisive border adjustment tax (BAT) in the US Tax Cuts and Jobs Act (TCJA)... By Contributed February 28 2019
This content is from: Brazil Brazil evaluates input criteria for PIS and COFINS credits Brazil's Federal Revenue Service provided important clarification regarding the concept of inputs for PIS and COFINS credits, but has still left much to discuss. By Gabriel Caldiron Rezende & Machado & Ricardo Marletti Debatin da Silveira February 25 2019
This content is from: Denmark MNEs still cautious of Denmark’s TP audit strategy despite Microsoft’s win Microsoft’s landmark transfer pricing (TP) win in the Danish Supreme Court is not enough to lessen the tax authority’s aggressive position on TP audits and discretionary assessments, said tax heads. By Danish Mehboob February 22 2019
This content is from: Japan Japan to make internal reorganisations easier with tax break The Japanese government has announced changes which will give companies more flexibility in tax structuring, lessening the sizeable tax burden on downstream mergers and making triangular reorganisations easier. By Joseph Stanley-Smith February 22 2019
This content is from: United States Barbara Angus becomes EY global tax policy leader Barbara Angus, a key figure in drafting the US Tax Cuts and Jobs Act (TJCA), has been appointed global tax policy leader at EY. By Joseph Stanley-Smith February 21 2019
This content is from: United States Survey: Effective TP management of global intellectual property Multinational companies face the challenge of how to restructure their intellectual property (IP) in an increasingly uncertain world. Taxpayers can voice their concerns anonymously in International Tax Review’s IP sur... By Josh White February 19 2019
This content is from: United States ‘Over 50 shades of grey’ in corporate taxes make automation tough Finding consistency in direct tax and transfer pricing matters makes it increasingly challenging to automate repetitive or routine tasks in the global tax function, say tax technology leaders. By Danish Mehboob February 18 2019
This content is from: Singapore Singapore budget proposes enhanced asset management tax benefits Tax directors and advisors are disappointed by the few tax perks proposed in the Singapore budget relevant to multinational companies. But proposals for enhanced asset management tax benefits offer some comfort. By Danish Mehboob February 18 2019
This content is from: Brazil Brazil remains cautious about its tax reform expectations Brazil's complex federal and state structure has created a litigious framework for tax authorities, making tax reform in Brazil a continued political focus. By Mattos Filho & Renata Correia Cubas February 18 2019
This content is from: Austria Companies turn to insurance to push through M&A deals Companies in the private equity and real estate sectors are increasingly turning to tax-specific insurance to expedite M&A deals. By Joseph Stanley-Smith February 15 2019
This content is from: United States The OECD’s four proposals to tax the digital economy The leading proposal in the OECD’s two-week consultation on four possible approaches to taxing the digital economy focuses on marketing intangibles, expanding the number of businesses that could fall under its scope. By Alexander Hartley February 14 2019
This content is from: United States CbCR: MNEs invest more in tech and personnel to address audit risks Tax heads are spending millions on new technology and staff to deal with what can be unfair audits by tax authorities looking at county-by-country reports (CbCR), adding data to what is already an increasingly dispute... By Danish Mehboob February 12 2019
This content is from: Global Submit now for World Tax and World TP 2020 We are pleased to announce the official launch of World Tax and World TP 2020. By Jon Moore February 11 2019
This content is from: United States Skills exchange helps tax teams succeed with digital reporting Tax departments are partnering with other corporate functions to obtain the skills required to comply with technology-driven tax policies as they try to find a way around limited budgets and resources. By Danish Mehboob February 11 2019
This content is from: India India plans to drop significant economic presence rule and equalisation levy India will abandon its significant economic presence (SEP) rule and drop the equalisation levy once OECD members come to an agreement on how to tax the digital economy, a leading government figure has said. But taxpay... By Joseph Stanley-Smith February 08 2019
This content is from: United States Falling tax rates only one part of incentivising business investment Corporate tax rates continue to fall due to increasing cross-border competition through tax reform, but tax heads have more to consider when investing overseas than just rates. By Danish Mehboob February 06 2019
This content is from: China Working with ‘early adopter’ tax authorities Companies should be wary of tax authorities investing in new technology, particularly those that are willing to innovate; but, say in-house tax chiefs, there can be major advantages to being in an ‘early adopter’ coun... By Joseph Stanley-Smith February 06 2019
This content is from: Bangladesh How important is tax competition to India? India can be resilient against the competitive tax policies of neighbouring countries and the US, but tax experts at International Tax Review’s India Tax Forum want the country to amend corporate tax rates and expand ... By Joseph Stanley-Smith February 04 2019
This content is from: United States Why BEPS 2.0 makes tax heads nervous Some tax directors are unimpressed by the direction of the OECD’s digital tax proposals, with one warning they will bring “a whole new world” with wide-ranging implications. By Alexander Hartley February 04 2019
This content is from: United States Automation challenges under varying SAF-T frameworks Multinationals are being forced to implement complex automated solutions to comply with the differing reporting frameworks across Europe because local tax authorities are more focused on tackling VAT fraud than the in... By Danish Mehboob February 04 2019
This content is from: Brazil Brazil publishes guidance on PIS/COFINS impacts for debt forgiveness Brazil's federal tax authorities have published guidance noting that debt forgiveness ought to be regarded as financial revenue and should be taxed at 4.65%. By Mark Conomy & Priscila Vergueiro & PwC Brazil February 04 2019
This content is from: Global Investor pressure drives corporate tax policy development Investors are giving serious consideration to their targets’ corporate tax policies before agreeing on the deal, but there are a number of companies that still have no such policy in place. By Joseph Stanley-Smith February 01 2019
This content is from: India India commits to anonymised tax return assessments in interim budget India has confirmed its aim to move to anonymised tax return assessments (ATRAs) within two years, a measure which is dividing the tax community. By Joseph Stanley-Smith February 01 2019
This content is from: United States Tax directors explain the importance of data modelling Businesses are increasingly using data modelling to more accurately determine their tax liabilities and prove their compliance to tax authorities amid the political pressures that are constantly changing the goal posts. By Danish Mehboob February 01 2019
