Europe
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
Clients are facing increased TP audit scrutiny in Hungary. DLA Piper Hungary is therefore using AI and advanced analytics to augment its advice, the firm’s head of TP says
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
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Sponsored by KPMG SwedenSweden’s Supreme Administrative Court has clarified that a right to deduct input VAT on share disposal costs also applies for holding companies that do not conduct external VAT-able activities, says Susann Lundström of KPMG Sweden
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Sponsored by Spanish VAT ServicesFernando Matesanz of Spanish VAT Services explains why a case involving an erotic streaming service has aroused the interest of the VAT community
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Sponsored by Gatti Pavesi Bianchi LudoviciPaolo Ludovici and Marlinda Gianfrate of Gatti Pavesi Bianchi Ludovici highlight recent advancements in cooperative compliance programmes at the international level, with an emphasis on the Italian tax regime amid ongoing changes in legislation
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European Jurisdictions