European Union
While some advisers praised the ruling’s definition of a ‘voucher’ for VAT purposes, a UK partner said the case left unanswered questions
While all options presented ‘drawbacks’, European Commission tax leader Wopke Hoekstra said the controversial US carve-out deal has ‘many benefits’
A 120-plus-day delay to refunds would cost taxpayers almost $3bn in additional interest, the Cato Institute warned; plus indirect tax updates from February
The expanded firm will comprise roughly 8,500 employees, including 550 partners; in other news, Paul Hastings and Macfarlanes made senior tax hires
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Sponsored by Deloitte IrelandJohn Cunningham of Deloitte Ireland explains the motivation behind the EU’s CBAM, the timeline for its intended implementation, and what companies should be doing to prepare. -
Sponsored by EY RomaniaAdrian Rus and Gabriela Bancescu of EY Romania report on the front-running enactment of legislation implementing the EU directive and what it means for MNEs.
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Sponsored by VdAFilipe de Vasconcelos Fernandes of Vieira de Almeida highlights problems with the Council of the European Union’s introduction of a temporary solidarity contribution to address the ‘excess’ profits of energy companies and permanent establishments.
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