European Union
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
    
    
      
        
    
      
    
    
    
  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
    
    
      
        
    
      
    
    
    
  Prudential had challenged HMRC over VAT group relief; in other news, Donald Trump unveiled timber and wood tariffs, and the European Commission published a ViDA implementation strategy
    
    
      
        
    
      
    
    
    
  A tax lawyer accused the firm’s Washington DC head of sexual assault; in other news, e-invoicing will reportedly generate an additional €111 million in VAT revenue 
    
    
      
        
    
      
    
    
    
  
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            Sponsored by Spanish VAT ServicesFernando Matesanz of Spanish VAT Services explains how EU VAT rules classify digital platforms as deemed suppliers when they act in their own name, outlining the legal, economic, and practical implications
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            Sponsored by EY RomaniaRazvan Ungureanu and Teona Braia of EY Romania explain the initiative’s benefits, challenges, and implications for large companies operating across multiple jurisdictions in Europe
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            Sponsored by Thomson ReutersJoin ITR and Thomson Reuters on May 28 for the second webinar of a three-part series on e-invoicing and hear how businesses can strategically manage measures such as the VAT in the Digital Age proposal
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