Firm
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
    
    
      
        
    
      
    
    
    
  Overall revenues and average profit per partner also increased in the UK, the ‘big four’ firm revealed 
    
    
      
        
    
      
    
    
    
  Increasingly complex reporting requirements contributed towards the firm’s growth in tax, it said
    
    
      
        
    
      
    
    
    
  
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      The firms picked up five major awards between them at a gala ceremony held at New York’s prestigious Metropolitan Club
    
    
      
        
    
      
    
    
    
  
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            Sponsored by Lakshmikumaran & SridharanKaranjot Singh Khurana, Prachi Bharadwaj, and Vrinda Agrawal of Lakshmikumaran & Sridharan analyse the tax deduction challenges arising when employee stock option plans are implemented via trusts
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            Sponsored by Gatti Pavesi Bianchi LudoviciPaolo Ludovici and Andrea Iannaccone of Gatti Pavesi Bianchi Ludovici analyse an Italian Supreme Court decision that addresses the tax treaty concept of a fixed base, highlighting concerns over legal certainty and double taxation
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            Sponsored by Garrigues SpainRafael Calvo and Adrián Arroyo of Garrigues Madrid discuss a National Court judgment clarifying that interest on equity (JSCP) received from Brazilian entities qualifies for an exemption under the Spain–Brazil double tax treaty
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