The partnership model was looking antiquated even before the UK chancellor’s expected tax raid on LLPs was revealed. An additional tax burden may finally kill it off
The US’s GILTI regime will not be forced upon American multinationals in foreign jurisdictions, Bloomberg has reported; in other news, Ropes & Gray hired two tax partners from Linklaters
Overall revenues and average profit per partner also increased in the UK, the ‘big four’ firm revealed
Increasingly complex reporting requirements contributed towards the firm’s growth in tax, it said
Sponsored
Sponsored
-
Sponsored by DLA Piper AustraliaJock McCormack of DLA Piper Australia highlights a raft of legislative changes as a federal election looms on the horizon amid a rapidly evolving international tax landscape -
Sponsored by DeloitteDeloitte Global leaders Chad Hungerford and Chris Oates reveal the key practical challenges of pillar two implementation while finding cause for optimism and even excitement in an exclusive podcast with ITR
-
Sponsored by Thomson ReutersJoin this webinar on March 18 as speakers from Thomson Reuters and EY discuss the pain points of pillar two compliance – and how to address them
If the US doesn't participate in pillar two then global consensus on the project can’t be a reality, tax academic René Matteotti also suggests
The UK tax agency has appointed six independent industry specialists to the panel
Encompassing everything from international scandals to seismic political events, it’s a privilege to cover the intriguing world of tax
MAP cases keep increasing, and cases closed aren’t keeping pace with the number started, the OECD’s Sriram Govind also told an ITR summit
Baker McKenzie advised two of the member firms involved, while several advisers provided transaction counsel to US-based Grant Thornton Advisors
CIT base narrowing measures remain more prevalent than increased CIT rates, the report also highlighted
There was a ‘deeply embedded culture within PwC that routinely disregarded formal confidentiality obligations,’ the chairman of Australia’s Tax Practitioners Board said
Jennifer Best was most recently the acting commissioner of the IRS’s large business and international division
-
A taxing week: Why tax is now front-page news
Firms are spending serious money to expand their tax advisory practices internationally – this proves that the tax practice is no mere sideshow -
A taxing week: In defence of directories
Nobody likes paperwork or paying money, but the assertion that legal accreditation doesn’t offer value to firms and clients alike is false -
A taxing week: Can PwC Australia recover from its scandal? The jury’s out
It’s not all doom and gloom for the firm as it seeks to bounce back from the tax leaks controversy, but transparency and trust are still major issues -
A taxing week: The AI genie is out of the bottle
Tax advisers who aren’t alive to clients’ AI needs risk falling behind, even though the technology is not a miracle cure just yet -
A taxing week: The OECD must take developing countries seriously
Given the US/G7 pillar two deal, the OECD is in danger of being replaced by the UN as the leading global tax reform forum
Awards
The ‘big four’ firm scooped over 60 honours at a lively ceremony held at The Londoner hotel, including both EMEA and APAC Tax Advisory Firm of the Year
Awards
ITR is delighted to reveal the first shortlisted nominees for the Middle East Tax Awards
Awards
ITR is delighted to reveal all the shortlisted nominees for the 2025 Americas Tax Awards
Awards
ITR is delighted to reveal all the shortlisted nominees for the 2025 EMEA Tax Awards