This content is from: Global Survey: Tax controversy and dispute management Take our short anonymous survey to share your views on tax controversy and whether dispute management tools and procedures are still working as intended or need reforming in a fast-changing tax environment. By Danish Mehboob April 30 2020
This content is from: Global Submissions open for the ITR Americas Tax Awards 2020 Companies, firms and individuals can now enter for the ITR Americas Tax Awards 2020. By Prin Shasiharan April 30 2020
This content is from: Sponsored Understanding the OECD's analysis on the impact of COVID-19 Lewis Lu and John Timpany of KPMG examine the OECD’s analysis on tax treaties and cross-border tax issues as a result of COVID-19. By John Timpany & KPMG Hong Kong & Lewis Lu April 29 2020
This content is from: Global Tax authorities must automate withholding tax refunds after COVID-19 crisis Mariano Giralt and Lorraine White of BNY Mellon explain how standardising and digitalising the process of claiming and paying withholding tax refunds could offer a long-term advantage to taxpayers and tax authorities. By Lorraine White & Mariano Giralt April 29 2020
This content is from: United Arab Emirates UAE tax market set to mature by 2023 Large businesses in the UAE are still looking for local tax professionals, who are trained by the Big Four, targeting those with regional tax knowledge and experience navigating the domestic rules. By Danish Mehboob April 27 2020
This content is from: Sponsored Australia announces tax measures to tackle COVID-19 business disruption Jun Au of DLA Piper discusses how the Australian government and the Australian Tax Office have moved to assist businesses affected by the ongoing COVID-19 outbreak. By DLA Piper Australia & Jun Au April 27 2020
This content is from: Sponsored Regional development contributions in Chile: Modifying investment projects Astrid Schudeck and Rafaela Moreno of PwC Chile evaluate the tax implications arising from the introduction of regional development contributions as a part of the Chilean tax reform. By Astrid Schudeck & PwC Chile & Rafaela Paz Moreno April 27 2020
This content is from: Sponsored Strengthening anti-tax avoidance rules in Malta Ramona Azzopardi, Fiorella San Martin and Joselyn Teuma of WH Partners explain how Malta has strengthened its financial certainty by successfully implementing the ATAD II regulations to its domestic legal system. By Fiorella San Martin & Joselyn Teuma & Ramona Azzopardi & WH Partners April 27 2020
This content is from: Sponsored Thailand takes measures to clarify shareholders’ meetings amidst COVID-19 outbreak Kudun Sukhumananda, Piti Kerdpu and Nutthar Hongchutchaval of Kudun & Partners discuss how businesses in Thailand are having to evolve their working model to maintain business continuity. By Kudun & Partners & Kudun Sukhumananda & Nutthar Hongchutchaval & Piti Kerdpu April 27 2020
This content is from: Sponsored REITs on the rise in Portugal Francisco Cabral Matos and Teresa Teixeira Mota of Vieira de Almeida explain how the rapid development of the market for REITs in Portugal has attracted a range of new real estate investors. By Francisco Cabral Matos & Teresa Teixeira Mota & Vieira de Almeida April 27 2020
This content is from: Global European Tax Awards 2020: Shortlist announced The shortlist for the ITR European Tax Awards 2020 has been announced. By Prin Shasiharan April 23 2020
This content is from: European Union The European Commission resists calls to delay DAC6 Several European banks have called on the European Commission to postpone, if not suspend, DAC6 coming into force across the EU, but the Commission is showing no signs of concessions. By Josh White April 23 2020
This content is from: Sponsored Hong Kong: Concessionary tax regimes introduced for ship leasing activities Lewis Lu and John Timpany of KPMG analyse the proposed concessionary tax regimes for qualifying ship lessors and leasing managers. By John Timpany & KPMG Hong Kong & Lewis Lu April 23 2020
This content is from: Sponsored China: The government continues efforts to stimulate economy Lewis Lu of KPMG sets out how China has taken a proactive stance to avoid the harsh financial implications of the COVID-19 outbreak. By KPMG China & Lewis Lu April 23 2020
This content is from: Sponsored Chile takes decisive steps to mitigate the financial impact of COVID-19 Sandra Benedetto, Jonatan Israel and Nicolás Foppiano of PwC Chile discuss how the Chilean government has moved to assist businesses and taxpayers affected by the coronavirus outbreak. By Jonatan Israel & Nicolas Foppiano & PwC Chile & Sandra Benedetto Back April 23 2020
This content is from: Direct Tax Asia-Pacific’s response to the proposed OECD reforms David Watkins and Daljit Kaur of Deloitte consider some of the potential impacts of the OECD’s work relating to tax challenges arising from the digitalisation of the economy in the Asia-Pacific region. By Daljit Kaur & David Watkins April 23 2020
This content is from: United States Achieving tax compliance: Learning from four decades of US state tax administration Daniel Hassell, secretary of revenue, and Kevin Milligan, special advisor to the deputy secretary for taxation, at the Pennsylvania Department of Revenue share their four decades of experience and predict the future o... By Daniel Hassell & Kevin Milligan April 23 2020
This content is from: Sponsored Diversity and inclusion: Embracing a ‘not like us’ vision Giles Parsons explains why tax executives need to get out of their bubbles to diversify their teams based on education, experience and national origin if they want to be truly diverse and inclusive. By Giles Parsons April 23 2020
This content is from: Sponsored Applying the diversity principle to the tax function is essential The principle of diversity is well accepted on boards and across entire organisations, but what about diversity within teams? Sandy Markwick, head of the Tax Director Network at Winmark, asked whether a tax team can b... By Sandy Markwick April 23 2020
This content is from: Global Diversity in tax: Growing together There is an abundance of talented and inspirational individuals in the tax sector, but not everyone receives the opportunities and recognition they deserve. Anjana Haines explores how diverse the tax sector is today a... By Anjana Haines April 23 2020
This content is from: Sponsored Best practices for BAME diversity in tax Tasneem Kadiri, UK and Ireland tax director at L’Oréal, shares her experience of building a career and how companies could be more diverse and inclusive for black, Asian and minority ethnic (BAME) people. By Tasneem Kadiri April 23 2020
This content is from: Direct Tax Diversity and inclusion: Building a strong tax foundation Keith Brockman explains why diversity and inclusion are key pillars to a strong tax function. By Keith Brockman April 23 2020
This content is from: Global Tax Relief Because tax doesn’t have to be taxing. A less-than-serious look back at some of the quirkier tax stories from the past month. By Josh White & Mattias Cruz Cano April 23 2020
This content is from: India The challenges of building a tax practice in India as a woman Alpa Kuwadia, partner at Kuwadia Shah Shah & Associates, shares her journey of building her own tax practice in India while juggling family life. She shares her seven steps to success. By Alpa Kuwadia April 23 2020
This content is from: Direct Tax Tax industry professionals respond to OECD’s proposed changes to CbCR As the Inclusive Framework conducts its 2020 review of country-by-country reporting (CbCR) requirements set out in Action 13 of the BEPS Acton Plan, the OECD held a public consultation to hear from stakeholders on all... By ITR Correspondent April 23 2020
This content is from: Direct Tax Making diversity and inclusion a reality: How the tax function transforms Addressing diversity and being inclusive is a business reality and a must-have in tax departments. Donata Koren, global head of tax, and Andrew Daly, senior tax manager, at Zalando, share how their tax function has de... By Andrew Daly & Donata Koren April 23 2020
This content is from: Global Female tax practitioners say more needs to be done on gender equality Leading female tax practitioners worldwide believe gender equality and opportunities for women are improving, but there are still numerous barriers to address. Jon Moore, World Tax editor, presents the ITR Women in Ta... By Jon Moore April 23 2020
This content is from: Global Heavy artillery: A war tax against COVID-19? To finance the war against COVID-19, an exceptional ‘war tax’ imposed on digital corporations, as well as billionaires and their charitable foundations, could bring as much as $250 billion into public treasuries. By Contributor April 22 2020
This content is from: Sponsored Applying the look-through approach in Russia Ivan Nasonov and Daria Konoplina of KPMG Russia evaluate the development of the look-through approach and explain how tax authorities are becoming increasingly committed to challenging the concept. By Daria Konoplina & Ivan Nasonov & KPMG Russia April 21 2020
This content is from: United States Tax directors make internal efficiencies to do ‘more with less’ Leaders of tax departments are creating flexible and fluid tax departments that allow the tax function to innovate and adapt to new realities as budgets get cut. By Anjana Haines April 21 2020
This content is from: Tax Disputes Litigation remains high in India amid corporate cash concerns Tax directors said the vivad se vishwas scheme could help reduce pending litigation, but corporate participation is limited as many businesses struggle to navigate a global economic slowdown. By Danish Mehboob April 20 2020
This content is from: United States Tax leaders need to work on becoming valued business tax partners Tax executives need to put themselves in the shoes of their CEOs and CFOs to ensure they are valued ‘business tax partners’. By Anjana Haines April 20 2020
This content is from: United States Consultants must offer practical advice to clients, say tax directors Third-party advisors need to ensure their tax advice is practical and usable, rather than following ‘ivory tower’ theory, and ensure they do not make decisions for their clients, say tax directors. By Anjana Haines April 17 2020
This content is from: Sponsored Italy oversees delivery of decree worth €25 billion to manage COVID-19 Gian Luca Nieddu and Barbara Scampuddu of Hager & Partners outline the measures set out by Italy to assist businesses and taxpayers manage the economic impact caused by the COVID-19 outbreak. By Barbara Scampuddu & Gian Luca Nieddu & Hager & Partners April 16 2020
This content is from: Sponsored Netherlands: The documentation requirements of ATAD II in the Netherlands explained Jian-Cheng Ku and Rhys Bane of DLA Piper explain how the Netherlands have approached the documentation requirement introduced by the implementation of ATAD II By DLA Piper Netherlands & Jian-Cheng Ku & Rhys Bane April 16 2020
This content is from: United States Tax leaders seek an appetite for learning in new employees Tax directors say a new employee does not need to know every tax rule, but must show they are willing to learn, embrace new skills, be adaptable and, most importantly, offer something different. By Anjana Haines April 15 2020
This content is from: Global Courts uncertain on long-term effects of remote working Courts around the world have adapted to working restrictions to combat COVID-19 and are managing to sustain immediate operations remotely, but it remains unclear what the long-term effect will be. By Mattias Cruz Cano April 15 2020
This content is from: United Kingdom HMRC plans new COVID-19 guidance on corporate tax residency The UK revenue service, HMRC, will issue fresh guidance on its approach to permanent establishment (PE) rules since the COVID-19 lockdown has forced many non-resident businesses to rely on virtual meetings. By Josh White April 08 2020
This content is from: Sponsored Switzerland: New rules on inter-cantonal tax allocation established Daniel Stutzmann and Manuel Angehrn of Deloitte Switzerland consider how the Swiss tax reform has led Swiss cantons to move towards a ‘function-based’ tax approach. By Daniel Stutzmann & Deloitte Switzerland & Manuel Angehrn April 08 2020
This content is from: Sponsored Interpreting the new GAAR in Portugal Filipe de Vasconcelos Fernandes of Vieira de Almeida examines the evolution of the general anti-abuse rule in Portugal and considers how tax authorities are approaching the changes. By Filipe de Vasconcelos Fernandes & Vieira de Almeida April 07 2020
This content is from: Direct Tax OECD addresses corporate residency concerns for MNEs The OECD aims to address some tax issues arising from COVID-19 such as corporate residency and permanent establishment (PE) concerns in certain jurisdictions where employees are stuck and working remotely. By Danish Mehboob April 06 2020
This content is from: India Businesses must analyse impact of MLI before restructuring Tax directors warn companies to analyse the impact of the Multilateral Instrument (MLI) before rushing into plans to restructure. Hasty changes could breach the principle purpose test (PPT) and create more problems. By Anjana Haines April 06 2020
This content is from: Sponsored Deferring and reducing taxes in Switzerland to manage COVID-19 Jonas Sigrist and Pascale Schwizer of Pestalozzi discuss how the Swiss government has moved to support businesses and how taxpayers affected by the coronavirus outbreak may defer and reduce their taxes. By Jonas Sigrist & Pascale Schwizer & Pestalozzi April 06 2020
This content is from: Sponsored India: Amending the tax framework to move towards a digital economy Sandeep Bhalla and Prashant Bhojwani of Dhruva Advisors discuss how a range of Indian tax laws are evolving to cater to an increasingly digitalised economy. By Dhruva Advisors & Prashant Bhojwani & Sandeep Bhalla April 06 2020
This content is from: Sponsored Spain: Analysing new bills on digital services and financial transactions Álvaro de la Cueva and José Carlos Ruiz of Garrigues open up on the provisions of two new bills which are commencing passage through parliament. By Álvaro de la Cueva & Garrigues Spain & José Carlos Ruiz Cabanes April 06 2020
This content is from: Sponsored Netherlands: Guidance on MLI tie breaker rule to determine tax residency Roderik Bouwman and Tim Mulder of DLA Piper Netherlands explain the Dutch implementation of the Multilateral Instrument and how this is being used to deal with existing dual residency situations. By DLA Piper Netherlands & Roderik Bouwman & Tim Mulder April 06 2020
This content is from: Sponsored Indonesia amends Singapore treaty and reacts to COVID-19 obstacles Benjamin P Simatupang and Yoan Putra Muda of GNV Consulting Services round up the developments which impacted the Indonesian tax world at the end of 2020’s first quarter. By Benjamin Simatupang & GNV Consulting & Yoan Putra Muda April 06 2020
This content is from: Direct Tax OECD continues to rewrite tax rules amid disruptions Taxpayers said that revised global profit allocation rules will overcomplicate an already strained tax system at a time when businesses face widespread economic uncertainty. Business associations are calling for the O... By Danish Mehboob April 03 2020
This content is from: Sponsored Greece: Reshaping the joint liability of a company’s tax debts Eleanna Kamperi of EY Greece explains the new tax rules reshaping the joint liability of a company’s management and shareholders for tax debts owned by the company. By Eleanna Kamperi & EY in Greece April 03 2020
This content is from: Sponsored Argentina: Government moves to strengthen bilateral treaties Ignacio Rodríguez and Juan Manuel Magadan of PwC Argentina discuss how the Argentine government has actively pursued to expand its treaty network. By Ignacio Rodríguez & Juan Manuel Magadan & PwC Argentina April 01 2020
This content is from: Sponsored Poland: The difficulty of applying withholding tax exemptions for corporate dividend re... Monika Marta Dziedzic of MDDP shares how shareholders will find it increasingly difficult when applying for Polish dividend withholding tax refund requests. By MDDP & Monika M Dziedzic April 01 2020
This content is from: Sponsored Italy: Understanding the ‘subject-to-tax’ requirement in the PSD Gianluca Nieddu and Barbara Scampuddu of Hager & Partners analyse recent Supreme Court decisions and explain why it seems clear that EU holding company structures are facing significant challenges. By Barbara Scampuddu & Gian Luca Nieddu & Hager & Partners April 01 2020
