This content is from: Global 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 tax environment. By Danish Mehboob April 30 2020
This content is from: Global Submissions open for the ITR Americas Tax Awards 2020 Companies, firms and individuals can now enter for the ITR Americas Tax Awards 2020. By Prin Shasiharan April 30 2020
This content is from: European Union Germany’s EU presidency and COVID-19 puts FTT on the table The EU is revisiting proposals for a financial transactions tax (FTT) as Spain implements a unilateral version. Germany’s upcoming EU presidency and the fiscal pressures of COVID-19 may result in an EU-wide FTT. By Josh White April 30 2020
This content is from: Global Africa will be more hostile for MNEs post-coronavirus crisis Tax professionals fear that Africa’s tax landscape will become more hostile after COVID-19 as governments increase the tax burden on multinational enterprises (MNEs) to recoup tax revenues lost from trade and internat... By Mattias Cruz Cano April 29 2020
This content is from: Global Tax authorities must automate withholding tax refunds after COVID-19 crisis Mariano Giralt and Lorraine White of BNY Mellon explain how standardising and digitalising the process of claiming and paying withholding tax refunds could offer a long-term advantage to taxpayers and tax authorities. By Lorraine White & Mariano Giralt April 29 2020
This content is from: Sponsored Transfer pricing in financial services: The outlook for 2020 and beyond Ralf Heussner and Iva Gyurova of Deloitte Luxembourg explore the key global transfer pricing trends of the coming years, which will influence businesses and taxpayers in the financial services sector. By Deloitte Luxembourg & Iva Gyurova & Ralf Heussner April 29 2020
This content is from: Sponsored Transfer pricing audits in Indonesia likely to get more aggressive Sri Wahyuni Sujono and Gandi Siregar of SF Consulting/Crowe Indonesia summarise the tax audit procedure in Indonesia, while explaining why pressure to achieve tax revenue targets in 2020 may stimulate an aggressive ap... By Gandi Siregar & SF Consulting/Crowe Indonesia & Sri Wahyuni Sujono April 29 2020
This content is from: Sponsored Embracing the automation of transfer pricing Frank Schoeneborn and Divya Vir Rastogi of EXA AG discuss how the development of state-of-the-art operational transfer pricing solutions are enhancing the day-to-day work of tax professionals. By Divya Vir Rastogi & EXA AG & Frank Schoeneborn April 29 2020
This content is from: Sponsored Evaluating inter-company loans in Switzerland Hendrik Blankenstein, Tom Lawson and Caterina Colling Russo of Tax Partner AG – Taxand Switzerland present a comparative study on how the OECD’s guidance on financial transactions will impact the characterisation and ... By Caterina Colling Russo & Hendrik Blankenstein & Tax Partner AG, Taxand Switzerland & Tom Lawson April 29 2020
This content is from: Sponsored The promising development of APAs and MAPs in Indonesia Indonesia has strengthened its tax disputes framework by adapting a more sophisticated procedure when handling advance pricing agreements (APAs) and mutual agreement procedures (MAPs). Charles Setia Oetomo and Felic S... By Charles Oetomo & Felic Setiawan & GNV Consulting April 29 2020
This content is from: Sponsored The importance of selecting the appropriate capital structure The OECD has released its long-awaited transfer pricing guidance on financial transactions. Danny Beeton and Alain Goebel of Arendt & Medernach review the guidance and suggest the best approaches for pricing and docum... By Alain Goebel & Arendt & Medernach & Danny Beeton April 29 2020
This content is from: Sponsored A step towards new market jurisdiction taxation rights Cyril Maucour and Jessica Benchetrit of DS Avocats evaluate the effectiveness of the OECD’s new unified approach, which provides market jurisdictions greater taxing rights over residual profits. By Cyril Maucour & DS Avocats & Jessica Benchetrit April 29 2020
This content is from: Sponsored Reconsidering the finance function of digital companies The technological revolution has led the OECD to attempt to redefine the concept of permanent establishments. Antonio A Weffer of Baker & McKenzie Luxembourg discusses how the related notion of the finance function is... By Antonio A Weffer & Baker McKenzie Luxembourg April 29 2020
This content is from: Sponsored Transforming perspectives through operational transfer pricing Transfer pricing perfection may be out of reach but automation can bring you closer. Dianne Berry, Meenakshi Iyer, Jack O’Meara, Kirsty Rockall and Tim Wong of KPMG member firms in the UK, US and Netherlands look at h... By Dianne Berry & Jack O'Meara & Kirsty Rockall & Meenakshi Iyer & Tim Wong April 29 2020
This content is from: Sponsored Developing the perfect vision on TP arrangements – ITR's TP Special Focus launched Produced in collaboration with transfer pricing (TP) experts from across the globe, ITR is delighted to launch the 20th edition of our Transfer Pricing guide. By Prin Shasiharan April 29 2020
This content is from: Global 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
This content is from: Global European Tax Awards 2020: Shortlist announced The shortlist for the ITR European Tax Awards 2020 has been announced. By Prin Shasiharan April 23 2020
This content is from: Global Diversity and inclusion: Embracing a ‘not like us’ vision Giles Parsons explains why tax executives need to get out of their bubbles to diversify their teams based on education, experience and national origin if they want to be truly diverse and inclusive. By Giles Parsons April 23 2020
This content is from: Global Diversity in tax: Growing together There is an abundance of talented and inspirational individuals in the tax sector, but not everyone receives the opportunities and recognition they deserve. Anjana Haines explores how diverse the tax sector is today a... By Anjana Haines April 23 2020
This content is from: Global Best practices for BAME diversity in tax Tasneem Kadiri, UK and Ireland tax director at L’Oréal, shares her experience of building a career and how companies could be more diverse and inclusive for black, Asian and minority ethnic (BAME) people. By Tasneem Kadiri April 23 2020
This content is from: Direct Tax Diversity and inclusion: Building a strong tax foundation Keith Brockman explains why diversity and inclusion are key pillars to a strong tax function. By Keith Brockman April 23 2020
This content is from: Global Tax Relief Because tax doesn’t have to be taxing. A less-than-serious look back at some of the quirkier tax stories from the past month. By Josh White & Mattias Cruz Cano April 23 2020
This content is from: United Kingdom Five ways to make the most of the path to partnership Jessica Kemp, tax partner at Travers Smith, talks about the five things that helped her on her path to partnership and gives practical hints and tips on how best to make the most of your skill set. By Jessica Kemp April 23 2020
This content is from: Tax Disputes International tax certainty: Time for a ‘pillar’ of strength Peter Nias, barrister at Pump Court Tax Chambers in the UK, explains why the OECD needs to establish a new working party that brings together all the dispute prevention measures into a holistic solution to supplement ... By Peter Nias April 23 2020
This content is from: Direct Tax Tax industry professionals respond to OECD’s proposed changes to CbCR As the Inclusive Framework conducts its 2020 review of country-by-country reporting (CbCR) requirements set out in Action 13 of the BEPS Acton Plan, the OECD held a public consultation to hear from stakeholders on all... By ITR Correspondent April 23 2020
This content is from: Direct Tax Making diversity and inclusion a reality: How the tax function transforms Addressing diversity and being inclusive is a business reality and a must-have in tax departments. Donata Koren, global head of tax, and Andrew Daly, senior tax manager, at Zalando, share how their tax function has de... By Andrew Daly & Donata Koren April 23 2020
This content is from: Global Female tax practitioners say more needs to be done on gender equality Leading female tax practitioners worldwide believe gender equality and opportunities for women are improving, but there are still numerous barriers to address. Jon Moore, World Tax editor, presents the ITR Women in Ta... By Jon Moore April 23 2020
This content is from: Global Travel sector seeks clarity on OECD’s platform rules Expedia and Booking.com have asked the OECD to clarify the scope of reportable platform operators and other services in the model rules for the gig economy. By Mattias Cruz Cano April 22 2020
This content is from: Global Heavy artillery: A war tax against COVID-19? To finance the war against COVID-19, an exceptional ‘war tax’ imposed on digital corporations, as well as billionaires and their charitable foundations, could bring as much as $250 billion into public treasuries. By Contributor April 22 2020
This content is from: United States Uber pushes OECD to ‘level the playing field’ for platforms Uber has called for a sector-specific approach to enable the application of measures and achieve a level playing field in the OECD’s requirements for platform operators in the gig economy. By Mattias Cruz Cano April 21 2020
This content is from: United States Tax directors make internal efficiencies to do ‘more with less’ Leaders of tax departments are creating flexible and fluid tax departments that allow the tax function to innovate and adapt to new realities as budgets get cut. By Anjana Haines April 21 2020
This content is from: United States Tax leaders need to work on becoming valued business tax partners Tax executives need to put themselves in the shoes of their CEOs and CFOs to ensure they are valued ‘business tax partners’. By Anjana Haines April 20 2020
This content is from: United States Consultants must offer practical advice to clients, say tax directors Third-party advisors need to ensure their tax advice is practical and usable, rather than following ‘ivory tower’ theory, and ensure they do not make decisions for their clients, say tax directors. By Anjana Haines April 17 2020
This content is from: Global Tax risk insurance can help MNEs protect VAT position of new products Multinational enterprises (MNEs) can choose to use tax risk insurance (TRI) to cover their VAT positions on new products that may fall outside the scope of existing legislation, such as new technologies or innovations. By Mattias Cruz Cano April 15 2020
This content is from: United States Tax leaders seek an appetite for learning in new employees Tax directors say a new employee does not need to know every tax rule, but must show they are willing to learn, embrace new skills, be adaptable and, most importantly, offer something different. By Anjana Haines April 15 2020
This content is from: Global Courts uncertain on long-term effects of remote working Courts around the world have adapted to working restrictions to combat COVID-19 and are managing to sustain immediate operations remotely, but it remains unclear what the long-term effect will be. By Mattias Cruz Cano April 15 2020
This content is from: Sponsored Spain: Analysing new bills on digital services and financial transactions Álvaro de la Cueva and José Carlos Ruiz of Garrigues open up on the provisions of two new bills which are commencing passage through parliament. By Álvaro de la Cueva & Garrigues Spain & José Carlos Ruiz Cabanes April 06 2020
