Europe
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
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
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Sponsored by MDDPMonika Marta Dziedzic, Paweł Wyciślik, and Bartosz Głowacki of MDDP highlight key Polish rulings on permanent establishment, offering guidance for foreign companies assessing corporate tax risks linked to local employees, office space, and remote work -
Sponsored by CuatrecasasThe government’s proposed VAT reforms for residential property construction and rehabilitation are eagerly anticipated, says André Areias of Cuatrecasas, who emphasises the urgent need to review a ‘complex and outdated system’
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Sponsored by Morais Leitão, Galvão Teles, Soares da Silva & AssociadosRicardo Seabra Moura of Morais Leitão, Galvão Teles, Soares da Silva & Associados analyses how Portugal’s withholding tax rules on interest payments may unlawfully discriminate against companies based in European Economic Area countries
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European Jurisdictions