There is a ‘huge demand’ for tax services in the Middle East, says new Clyde & Co partner Rachel Fox in an interview with ITR.
The ECB warns the tax could leave banks with weaker capital levels, while the UAE publishes guidance on its new corporate tax regime.
Caroline Setliffe and Ben Shem-Tov of Eversheds Sutherland give an overview of the US transfer pricing penalty regime and UK diverted profits tax considerations for multinational companies.
The result follows what EY said was one of the most successful years in the firm’s history.
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Sponsored by Russell McVeaghGreg Neill and Young-chan Jung of Russell McVeagh preview some of the corporate tax issues to be intensely debated during New Zealand’s upcoming general election, including those regarding commercial real estate, GST and foreign investment.
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The plan is aimed at simplifying tax rules and lowering tax compliance costs for cross-border businesses in the EU.
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Many UK businesses are in the dark about upcoming tax policy changes and could face trading challenges, according to new research.
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Some of the largest partnerships in the US can expect to be investigated within weeks, the agency said in a wide-ranging statement.
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Another G20 summit, another anodyne few words in the post-meeting statement about support for international tax reform, says Ralph Cunningham.
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Tax isn’t just done in the tax department anymore, the Deloitte survey stressed.
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African governments issue the Nairobi Declaration ahead of COP28, while US businesses brace themselves for a higher minimum tax rate.
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The number of cases was up by nearly 20% on the previous year, with one lawyer saying HMRC is not afraid to investigate multinationals.
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Mærsk Oil and Gas has lost its battle with the Danish Tax Agency over its transfer pricing arrangements with subsidiaries in Algeria and Qatar.
