Businesses consider renegotiating APAs for an exit strategy Tax directors intend to revise force majeure clauses in advanced pricing agreements (APAs) and inter-company contracts after finding limited certainty on deferring certain contractual obligations and maintaining agreements under the... By Danish Mehboob May 28 2020
Businesses continue to seek certainty on tax residency India is the latest country to address forced corporate tax residency issues, amid the COVID-19 pandemic, as more countries consider adapting rules to align with OECD guidance. By Danish Mehboob May 11 2020
The European Commission extends DAC6 reporting deadline Taxpayers and tax administrations have three more months to set up their reporting systems after the European Commission decided to extend the July deadline with the option of another three-month... By Danish Mehboob May 11 2020
Tax professionals forecast ‘flurry of M&A activity’ Some businesses are walking away from M&A deals in 2020, but tax advisors expect a flurry of M&A activity if business constraints under COVID-19 conditions lessen in Q3 of 2020... By Danish Mehboob & Mattias Cruz Cano May 04 2020
Tax departments value negotiating and IT skills in crisis management EU-based tax directors especially value business partnering and tax technology skills in their departments while managing the corporate tax response to COVID-19 disruptions. By Danish Mehboob May 04 2020
Survey: Tax controversy and dispute management Take our short anonymous survey to share your views on tax controversy and whether dispute management tools and procedures are still working as intended or need reforming in a fast-changing... By Danish Mehboob April 30 2020
UAE tax market set to mature by 2023 Large businesses in the UAE are still looking for local tax professionals, who are trained by the Big Four, targeting those with regional tax knowledge and experience navigating the domestic... By Danish Mehboob April 27 2020
Taxpayers fear COVID-19 will trigger new DSTs Tax professionals are concerned that the unprecedented impact of COVID-19 could derail the OECD’s digital tax plans and trigger further unilateral action. They hope it doesn’t. By Danish Mehboob & Mattias Cruz Cano April 27 2020
Litigation remains high in India amid corporate cash concerns Tax directors said the vivad se vishwas scheme could help reduce pending litigation, but corporate participation is limited as many businesses struggle to navigate a global economic slowdown. By Danish Mehboob April 20 2020
OECD addresses corporate residency concerns for MNEs The OECD aims to address some tax issues arising from COVID-19 such as corporate residency and permanent establishment (PE) concerns in certain jurisdictions where employees are stuck and working remotely. By Danish Mehboob April 06 2020
