Expert Analysis

Theresa May was also in the Global Tax 50 2016 A great deal has changed since Theresa May became the UK's Prime Minister. In the aftermath of the referendum on June 23 2016, the Conservative government has faced the challenge of tough negotiations with the EU over Brexit, and the ruling party was shaken to its core by this year's election, which did not go to plan.

Jeremy Corbyn is a new entry this year The political emergence of Jeremy Corbyn, leader of the British Labour Party, in the 2017 general election put the socialist on the world stage. Corbyn's near-miss election changed the UK's political dynamic.

The Estonian presidency of the Council of the European Union is a new entry this year Estonia picked up the baton of the EU presidency from Malta in July this year, and has worked hard towards establishing clearer tax systems for VAT and the digital economy. The Council of the European Union negotiates and adopts new legislation, which means that anything on the Estonian presidency's agenda could have a big impact on all EU member states.

Interview with Candy Ye Tang, tax and business advisory leader, Deloitte China

Interview with Adham Hafoudh, partner, Tax & Legal, Deloitte Czech Republic

A recent ruling curbs formalistic proof requirements in EU cross-border pension fund taxation while strengthening the substance over form and ‘equality of arms’ concepts, say João Rodrigues, Liliana Piedade, and Francisco Ludovino Reis of Cuatrecasas

David Hamzah Damian of DDTC Consulting examines recent procedural changes in Indonesia’s tax disputes process and the Supreme Court’s stance on tax evidence, highlighting key implications for taxpayers facing audits, objections, and appeals

Eddie Morris, Josep Serrano Torres, and Jen Breeze of Deloitte compare transfer pricing controversies in the pharmaceutical and automotive sectors, highlighting how DEMPE functions, regulation, and intangibles drive both common themes and sector-specific challenges

Carlos Serrano Palacio and Szymon Wlazlowski of Deloitte examine how transfer pricing complexities arise in special purpose vehicle investments and outline key considerations in navigating their unique risk, substance, and valuation challenges

Julien Lamotte of Deloitte Luxembourg explains how the new regime positions the country as a leading destination for alternative investment funds while providing tax-efficient treatment

Federico Vincenti and Carola Valente Della Rovere of Valente Associati GEB Partners/Crowe Valente explain how Italy classifies payments for software distribution and the potential consequences in the event of a tax audit

Sofia Araújo Alves of Morais Leitão, Galvão Teles, Soares da Silva & Associados explains the Carbon Border Adjustment Mechanism’s transition to its definitive phase, highlighting new compliance requirements, thresholds, and regulatory simplifications