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 SwedenHenrik Jonsson of KPMG Sweden, who represented the client in the Supreme Administrative Court case discussed in this article, says the ruling is much appreciated and will have positive effects for leases. -
Sponsored by Garrigues SpainJorge Moreira Peláez of Garrigues reports on the National Appellate Court ruling that tax legislation failed to safeguard the free movement of capital for non-resident legal entities.
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Sponsored by Crowe Valente/Valente Associati GEB PartnersFederico Vincenti and Alessandro Valente of Valente Associati GEB Partners/Crowe Valente/Crowe UAE highlight an issue with the treatment of transfer pricing adjustments for customs purposes and call for more action on the matter.
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European Jurisdictions