This content is from: Global This week in tax: Janet Yellen raises hope for digital tax agreement The appointment of Janet Yellen to US Secretary of the Treasury has created global optimism that an international agreement on the digital tax framework may be possible this year. By Anjana Haines January 29 2021
This content is from: Global ITR Global Tax 50 2020-21: The Black Lives Matter movement The racial justice movement led by the Black Lives Matter campaign reached new heights in the summer of 2020, drawing attention to systemic racism in the tax sector. Tax professionals hope for material change in 2021. By Alice Jones January 28 2021
This content is from: Direct Tax Rising Stars Awards Americas 2020 – Winners Announced! All of the winning up and coming stars in their countries and practice areas announced today By James Wilson January 28 2021
This content is from: Sponsored How COVID-19 has impacted global M&A activity Deloitte’s practitioners from across the globe assess how transactional activity has evolved as a result of the coronavirus pandemic and consider the key aspects of the new deal landscape. By Amrish Shah & Brian Pinto & David Hoffman & Deloitte UK & Marcus Rea & Mark Ross & Markus Schackmann & Siobhan Godley & Xiangyang Ge January 28 2021
This content is from: Sponsored Tax liability insurance: An innovative alternative to APAs Dean Andrews and Martijn de Lange of BMS Group explain why tax liability insurance (TLI), an innovative tool which transfers tax liabilities to the insurance industry, are increasingly used as an alternative to advanc... By BMS Group & Dean Andrews & Martijn de Lange January 27 2021
This content is from: Sponsored Tax Insights: Deloitte discuss the impact of tax transformation across the Americas ITR Americas Tax Awards winners Chuck Kosal, Emily VanVleet and John Wells discuss how Deloitte is at the forefront of driving tax transformation, in a podcast. By Chuck Kosal & Deloitte Transfer Pricing Global & Emily VanVleet & John Wells & Prin Shasiharan January 26 2021
This content is from: Sponsored France: Twin cases reduce the scope of taxing capital gains on sale of French shares Nicolas Duboille and Alexia Dal Ponte of Sumerson analyse recent case law concerning the application of the French capital gain tax applicable to non-resident entities on the transfer of a significant shareholding in ... By Alexia Dal Ponte & Nicolas Duboille & Sumerson January 25 2021
This content is from: Sponsored The arrival of DAC6 in Cyprus Konstantinos Nanopoulos, Victoria Iliopoulou and Nicholas Demiroglou of TaxExperts Group explore what the introduction of DAC6 means for Cyprus’s transfer pricing world. By Konstantinos Nanopoulos & Nicholas Demiroglou & TaxExperts & Victoria Iliopoulou January 25 2021
This content is from: United States Biden administration has positive outlook on digital tax negotiations Secretary of the Treasury Janet Yellen will likely restart US negotiations with the OECD and other countries on finalising a multilateral tax approach to the digital economy in the coming weeks. By Danish Mehboob January 25 2021
This content is from: Sponsored Italy publishes 2021 budget law Gian Luca Nieddu and Barbara Scampuddu of Hager & Partners explain the key elements of the Italian budget law set out for 2021. By Barbara Scampuddu & Gian Luca Nieddu & Hager & Partners January 25 2021
This content is from: Global This week in tax: Companies are re-examining their tax strategies Despite seeming like a quiet week in the tax world, there have been numerous developments that could impact tax planning strategies and the application of some tax laws. By Anjana Haines January 22 2021
This content is from: Sponsored ‘Netflix tax’ is coming to Portugal Conceição Gamito and Teresa Teixeira Mota of Vieira de Almeida assess the proposed ‘Netflix tax’ and analyse its shortcomings against the backdrop of European and constitutional principles. By Conceição Gamito & Teresa Teixeira Mota & Vieira de Almeida January 21 2021
This content is from: Sponsored China strengthens litigation framework through increased use of APAs and MAPs Xiaoyue Wang and Choon Beng Teoh of KPMG China explain how recent developments affirm the programmes’ effectiveness in providing certainty to transfer pricing arrangements in China. By Choon Beng Teoh & KPMG China & Xiaoyue Wang January 20 2021
This content is from: Sponsored Luxembourg: A closer look at tax assessments Xavier Sotillos Jaime and Mariana Cohen Margiotta of Deloitte provide an overview of the Grand Duchy’s direct tax framework. By Deloitte Luxembourg & Mariana Cohen Margiotta & Xavier Sotillos Jaime January 20 2021
This content is from: Sponsored Chile: IRS issues guidance on requirements for the DDT treaty scenario to apply Mauricio Valenzuela and Santiago Tubio of PwC Chile describe the updated guidance, which includes the use of a flow through entity approach. By Mauricio Valenzuela & PwC Chile & Santiago Tubio January 19 2021
This content is from: India Webinar: An exclusive look at India’s 2021 budget ITR hosted a live webinar, along with Dhruva Advisors and Taxsutra, on Monday, February 1 to analyse the implications of the tax proposals in India’s 2021 budget. By Dhruva Advisors & Dinesh Kanabar & Prin Shasiharan & Uday Shankar January 19 2021
This content is from: Sponsored Greece introduces 50% tax break for relocating professionals Manos Tountas of EY in Greece examines the ambitious tax law which intends to create more professional jobs across Greece, and aims to reverse its crisis-era brain drain. By EY in Greece & Manos Tountas January 19 2021
This content is from: Sponsored ATO files request for leave to appeal Glencore decision Paul McNab of DLA Piper takes a closer look at the Glencore appeal, the decision in La Mancha Group, and the key changes to the Australian Tax Office’s website. By DLA Piper Australia & Paul McNab January 18 2021
This content is from: Direct Tax 2021 set to put higher direct tax burdens on large businesses Tax directors are scrutinising their cash-flow models, while some large businesses are outsourcing more of their tax functions to the Big Four accounting firms to help with incoming tax and legal changes in the US, UK... By Danish Mehboob January 18 2021
This content is from: OECD Ensuring effective AEOI: Global Forum’s peer reviews set direction for 2021/2022 Head of the Global Forum Zayda Manatta, along with Radhanath Housden, head of the AEOI Unit, and Adrian Wardzynski, policy advisor, outline the results of the 100 AEOI peer reviews and the upcoming work to ensure an e... By Adrian Wardzynski & Radhanath Housden & Zayda Manatta January 18 2021
This content is from: Latin America and Caribbean Technology companies targeted in new laws across Latin America Tax incentives being introduced across the Latin America (Latam) region are targeting profitable technology companies. Juan Frers, director of the Worldwide TaxNet, explains how foreign businesses can use these tax be... By Juan Frers January 18 2021
This content is from: Global This week in tax: Heated debate at OECD’s digital tax consultation Six months to agree on the pillar one and pillar two blueprints on how to tax the digitalisation of the economy still seems too ambitious based on the comments made during this week’s OECD public consultation. By Anjana Haines January 15 2021
This content is from: France ITR live: OECD consultation on pillar two The OECD holds its public consultation on its pillar two blueprint to establish a global minimum tax rate, ITR reports live. By Josh White January 15 2021
This content is from: Global ITR Awards 2021 and World Tax/World TP rankings research now open for submissions Companies, firms and individuals can now enter for the 2021 ITR Americas Tax Awards, ITR Asia-Pacific Tax Awards and ITR Europe, Middle East and Africa Awards. By James Wilson & Jon Moore January 14 2021
This content is from: France ITR live: OECD consultation on pillar one The OECD holds its public consultation on its pillar one blueprint to reform international tax, ITR reports live. By Josh White January 14 2021
This content is from: Sponsored Hong Kong SAR: IRD issues guidance on ship leasing tax concessions Lewis Lu and John Timpany of KPMG analyse the impact of the ship leasing concessions on taxpayers. By John Timpany & KPMG Hong Kong & Lewis Lu January 13 2021
This content is from: Global Netflix rejects ‘political’ ring fencing in OECD digital tax blueprints The video streaming service, Netflix, is arguing that the scope of Amount A in the pillar one proposals should be based on objective financial metrics, ahead of the OECD consultation meeting on taxing the digital econ... By Alice Jones January 13 2021
This content is from: Sponsored Luxembourg: Mapping the EU’s path to sustainable tax governance Grégory Jullien of Deloitte Luxembourg looks at how tax policy is evolving to create a more transparent and sustainable environment for businesses in the EU. By Deloitte Luxembourg & Grégory Jullien January 13 2021
This content is from: Sponsored Greece: ASC rules on the tax treatment of interest-bearing loans concerning stamp duty ... Maria Iliopoulou of EY in Greece explains the key conclusions which emerged from the Greek Administrative Supreme Court’s recent decisions on the granting of non-banking loans. By EY in Greece & Maria Iliopoulou January 13 2021
This content is from: Sponsored China: FDI restrictions continue to be relaxed Lewis Lu of KPMG China explains how the country has introduced a range of business-friendly policies to incentivise foreign investment in 2021. By KPMG China & Lewis Lu January 13 2021
This content is from: Sponsored Indonesia: Interest rate changes for penalties wrap up a busy 2020 Benjamin Simatupang and Dwipa Abimanyu Dewantara of GNV Consulting discuss national tax developments on the stamp duty law, the treatment of luxury goods, and the import of COVID-19 vaccines. By Benjamin Simatupang & Dwipa Abimanyu Dewantara & GNV Consulting January 12 2021
This content is from: Direct Tax Microsoft warns digital tax agenda may fail on its complexity The OECD faces criticism from cloud-computing services for not including enough technical detail in its latest blueprints and economic impact assessment of the two-pillar solution ahead of a highly anticipated consult... By Danish Mehboob January 11 2021
This content is from: Direct Tax Improved clarity on IR35 changes proving useful for UK MNEs Taxpayers have welcomed the certainty gained on IR35 ahead of the April effective date, but tax professionals continue to argue that the employment tax system is fundamentally unfit for purpose and needs reforming. By Alice Jones January 11 2021
This content is from: Global This week in tax: Higher US taxes possible as Democrats take Senate The first week of January has been busy for businesses trying to get to grips with the new UK-EU trade agreement, while the Georgia election result potentially clears the way for the Biden tax plan. By Anjana Haines January 08 2021
This content is from: Sponsored Mexico: Assessing the tax reforms of 2021 Mauricio Martínez D´Meza Violante and Ricardo Gonzales Orta of Deloitte Mexico analyse the key highlights of the Mexican tax reform and assess the shortcomings of the amendments which did not pass. By Deloitte Mexico & Mauricio Martínez D´Meza Violante & Ricardo Gonzales Orta January 07 2021
This content is from: India Indian court confirms Redington’s use of foreign subsidiaries avoided tax Sanjeev Sharma, principal director of income tax at the India Income Tax Department, explains why the Madras High Court decided Redington India’s use of foreign subsidiaries to transfer shares offshore was an attempt ... By Sanjeev Sharma January 07 2021
This content is from: Europe UK opts out of DAC6 to follow OECD rules after Brexit The UK tax authority, HM Revenue and Customs (HMRC), has removed many EU mandatory disclosure requirements ahead of the January 30 filing deadline, and announced plans to adopt the OECD’s mandatory disclosure rules to... By Danish Mehboob January 04 2021
This content is from: OECD ITR Global Tax 50 2020-21: Pascal Saint-Amans The director of the OECD Centre for Tax Policy and Administration talks to ITR about pillar one and pillar two, inclusivity in tax, and the power of the coffee break. By Alice Jones January 04 2021
