European Union
Pillar two was ‘weakened’ when it altered from a multinational convention agreement to simply national domestic law, Federico Bertocchi also argued
The climbdowns pave the way for a side-by-side deal to be concluded this week, as per the US Treasury secretary’s expectation; in other news, Taft added a 10-partner tax team
‘We did not expect to carve out big economies from the minimum tax system’, Estonia’s finance minister said; in other news, Blick Rothenberg has acquired The Vat Consultancy
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
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Sponsored by Deloitte LuxembourgMichel Lambion and Frederic Scholtus of Deloitte Luxembourg consider the concept of independence for governance and tax, including the implications of a future CJEU ruling on whether directors act independently from a VAT viewpoint. -
Sponsored by PwC BelgiumAlexis De Méyère and Elise Hogge of PwC Belgium consider the approach of several European jurisdictions to reducing packaging waste through economic measures, and the ensuing challenges and opportunities for businesses.
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Sponsored by Deloitte NorwayDaniel Herde and Lene Bergersen of Deloitte Norway explain a ruling on whether a gain resulting from an intra-group transfer was taxable and whether the Norwegian rules are in breach of the EEA Agreement.
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