This content is from: Global 2020: The best of direct tax A look back at some of ITR’s best articles on direct tax in 2020 covering everything from COVID-19 relief measures to tax transparency measures and the OECD’s work on BEPS 2.0. By Alice Jones December 24 2020
This content is from: Spain Trading platforms limit their Spanish assets in response to FTT US investment app Robinhood and other financial services companies are limiting their services in response to Spain’s financial transactions tax (FTT). By Danish Mehboob December 18 2020
This content is from: Direct Tax This week in tax: OECD makes digital tax feedback public As the end of 2020 approaches, multinational companies like Amazon, Microsoft and Uber have told the OECD what they think of the blueprints for digital tax reform in a public consultation. By Josh White December 18 2020
This content is from: United States Will Biden take a strong tax route on climate change? Incoming US President Joe Biden has made tackling climate change a key part of his campaign. Tax policy will be central to his environmental strategy, with significant impact both domestically and abroad. By Mattias Cruz Cano December 16 2020
This content is from: India Indian taxpayers react to Vivad se Vishwas clarifications Tax professionals support the expanded eligibility criteria for revising a declaration, but the problem is that timelines are tight. Taxpayers have a maximum of 15 days after filing a declaration to make any revisions. By Alice Jones December 14 2020
This content is from: Sponsored New rules for Italian TP documentation: Groups may need to revise approach Gian Luca Nieddu and Barbara Scampuddu of Hager & Partners assess the changes for businesses to consider, as Italy’s transfer pricing documentation guidance evolves to better reflect the OECD’s guidelines. By Barbara Scampuddu & Gian Luca Nieddu & Hager & Partners December 11 2020
This content is from: Global This week in tax: OECD agrees ambitious plan for 2021 The Forum on Tax Administration (FTA) has established a four-point plan to help taxpayers reduce their transfer pricing (TP) audit risks, work through the difficulties created by COVID-19 and help tax administrations ... By Anjana Haines December 11 2020
This content is from: Sponsored Hong Kong SAR IRD issues guidance on HKFRS 15: Revenue from Contracts with Customers Lewis Lu and John Timpany of KPMG analyse the impact of the Inland Revenue Department’s updated Departmental Interpretation and Practice Notes No. 1 on taxpayers. By John Timpany & KPMG Hong Kong & Lewis Lu December 10 2020
This content is from: Sponsored Australia: ATO announces guidance on withholding tax concessions and updates APA proced... Jock McCormack of DLA Piper highlights the key tax-related developments from late 2020 in Australia. By DLA Piper Australia & Jock McCormack December 10 2020
This content is from: Direct Tax Rising Stars Awards Europe 2020: shortlist revealed Up and coming tax practitioners from Allen & Overy, Jones Day, Deloitte, Uría Menéndez, Garrigues, and many more have been shortlisted for the Rising Stars Awards Europe 2020. By ITR Correspondent December 10 2020
This content is from: Direct Tax Women in Business Law Awards Asia-Pacific 2020 – Winners announced By ITR Correspondent December 10 2020
This content is from: Sponsored Indonesia introduces tax changes to promote job creation Charles Oetomo and Welly Armantha Napitupulu of GNV Consulting highlight the key tax-related developments from late 2020 in Indonesia. By Charles Oetomo & GNV Consulting & Welly Armantha Napitupulu December 09 2020
This content is from: Sponsored Brazil: STJ confirms the triggering event for withholding tax Bruno Porto and Mark Conomy of PwC Brazil discuss the Brazilian Superior Tribunal of Justice's decision confirming the triggering event for income withholding tax over foreign debts. By Bruno Porto & Mark Conomy & PwC Brazil December 09 2020
This content is from: European Union UK’s Brexit Taxation Bill requires MNEs to pay back CFC state aid MNEs that received tax exemptions from the UK government under controlled foreign corporation (CFC) rules between 2013 and 2018 will be obliged to pay back the tax retrospectively under measures included in the Brexit... By Alice Jones December 09 2020
This content is from: Sponsored Greece enhances application of the credit method for the elimination of double taxation Konstantinos Mavraganis of EY in Greece explains how recent jurisprudence has established clearer guidance on the benefits of double tax treaties for providing legal certainty. By EY in Greece & Konstantinos Mavraganis December 09 2020
This content is from: Sponsored Poland: Changes for limited partnerships lead 2021 tax developments Monika Marta Dziedzic of MDDP summarises the key elements that businesses and taxpayers in Poland should anticipate following the announcement of a range of tax regulations in November 2020. By MDDP & Monika M Dziedzic December 09 2020
This content is from: Global What direct tax teams can learn from indirect tax innovation Direct tax teams are looking at how their indirect tax colleagues have digitalised their processes to apply the same lessons to corporate tax matters, but indirect tax managers warn that technological transitions are ... By Anjana Haines December 09 2020
This content is from: Sponsored New Zealand: IRD considers application of WHT rules to negative interest payments Brendan Brown and Tim Stewart of Russell McVeagh summarise Inland Revenue’s draft guidance on negative interest payments and consider how it may impact banks and financial institutions. By Brendan Brown & Russell McVeagh & Tim Stewart December 07 2020
This content is from: OECD OECD advances its tax certainty agenda ahead of digital tax reform Achim Pross, head of the international cooperation and tax administration division at the OECD, says the Forum on Tax Administration’s (FTA) December 8 plenary session may help advance discussions on dispute preventio... By Danish Mehboob December 07 2020
This content is from: Europe How to choose a DAC6 reporting tool Selecting the right tool to meet DAC6 reporting obligations is essential. Anna Szkudlarek, advisor at KENDRIS, offers a guide in choosing between in-house solutions, outsourcing entirely or using pay-as-you go reporti... By Contributor December 07 2020
This content is from: Sponsored Amortisation of intangibles in Chile: Changes in the landscape Sandra Benedetto and Jonatan Israel of PwC Chile explore how coronavirus-related economic policies and recent administrative jurisprudence have helped revitalise the Chilean laws on amortisation. By Jonatan Israel & PwC Chile & Sandra Benedetto Back December 04 2020
This content is from: Belgium Advocate General: CJEU should set aside the Belgian state aid ruling Advocate General Juliane Kokott has advised the CJEU to set aside the General Court’s judgment that the Belgian excess profit tax regime does not constitute illegal state aid. By Josh White December 03 2020
This content is from: Sponsored Tax World Vision 2021: EMEA Oleg Rak, managing partner of Mason Rak, explains how firms from Europe and the Middle East can get ahead of 2021’s tax challenges through tailored, strategic recruitment. By Mason Rak & Oleg Rak December 03 2020
This content is from: Global From intern to global vice chair: Lessons learned from EY’s Kate Barton Kate Barton, EY global vice chair of tax, discusses the trends shaping the tax industry, and what this means for students and graduates starting their career today, having started as an EY intern herself. By Anjana Haines December 03 2020
This content is from: Sponsored Introducing ITR's Thailand correspondent: HLB Thailand Experts from HLB Thailand exclusively cover the latest tax and transfer pricing issues, developments and insights from the Thai market. By Andrew Jackomos & HLB Thailand & Paul Ashburn December 02 2020
This content is from: European Union EU Council approves DAC7 digital transparency rules The Council of the European Union approved a legislative proposal to expand the Directive on Administrative Cooperation (DAC) to include information relating to digital platforms. By Alice Jones December 02 2020
This content is from: Sponsored Tax World Vision 2021: Asia-Pacific Oleg Rak, managing partner of Mason Rak, discusses the growth of strategic tax opportunities across the Asia-Pacific market, as it prepares itself for the post-COVID world. By Mason Rak & Oleg Rak December 01 2020
