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
Sector-specific business taxes, private equity tax treatment reform and changes to the taxation of non-residents are all on the cards for the UK, authors from Herbert Smith Freehills Kramer predict
The streaming company’s operating income was $400m below expectations following the dispute; in other news, the OECD has released updates for 25 TP country profiles
Sponsored
Sponsored
-
Sponsored by DLA Piper AustraliaJun Au and Eddie Ahn of DLA Piper Australia analyse the Australian Taxation Office’s framework for applying the third-party debt test and debt deduction creation rules under the country’s new thin capitalisation regime -
Sponsored by Deloitte LuxembourgEdouard Authamayou of Deloitte Luxembourg explains an Administrative Tribunal ruling that clarifies the distinction between modification requests and formal tax claims, highlighting procedural requirements for taxpayers submitting claims to the grand duchy’s tax authorities
-
Sponsored by DDTC ConsultingDavid Hamzah Damian of DDTC Consulting examines recent procedural changes in Indonesia’s tax disputes process and the Supreme Court’s stance on tax evidence, highlighting key implications for taxpayers facing audits, objections, and appeals
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