Europe
ITR understands that UK Chancellor Rachel Reeves will announce a consultation on the proposed financial reward scheme, which had left advisers fretting
The long-running dispute centres on Medtronic’s use of the comparable uncontrolled transaction TP method; in other news, Paul Hastings and FTI Consulting both made double tax hires
The US itself was the biggest loser of tax revenue to American multinationals’ profit shifting, the Tax Justice Network reported; in other news, firms made key tax hires
The president described it as ‘one of the most important cases in the history of our country’; in other news, Portugal established a VAT group regime
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Sponsored by Grant ThorntonThe clock is ticking for many organisations that will be subject to environmental and social impact reporting requirements linked to the EU Green Deal, report Emma Verheijke and Jurre Anema of Grant Thornton. -
Sponsored by Morais Leitão, Galvão Teles, Soares da Silva & AssociadosA recently issued decree addresses the uncertainty surrounding the obligation to appoint a tax representative in Portugal but some issues are yet to be resolved, reports Ana Carrilho Ribeiro of Morais Leitão.
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Sponsored by Morais Leitão, Galvão Teles, Soares da Silva & AssociadosBudgetary changes could result in a capital gains tax rate of 53%, says Solange Dias Nóbrega of Morais Leitão, as Portugal’s policy of heavy taxation of individuals shows no sign of being reversed.
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