This content is from: Global Taxpayers scrutinise substance following wider anti-abuse rules Taxpayers are making sure they have the “right substance” after the EU anti-hybrid mismatch rules took effect on January 1 2020 to target complex structures. By Danish Mehboob January 31 2020
This content is from: Global Countries say GloBE policy design needs more work Some countries are pushing for improvements in the policy design of the global anti-base erosion (GloBE) proposal under pillar two and do not agree with the minimum tax measures, the OECD said in a statement today. By Mattias Cruz Cano January 31 2020
This content is from: Indirect Tax UK e-newspapers case could trigger VAT claims against HMRC The decision in News UK vs HMRC, stating that online newspapers should be zero-rated for VAT, could trigger protective claims against HMRC as businesses re-assess the tax treatment of digital content. By Mattias Cruz Cano January 29 2020
This content is from: Global Taxpayers expect slower growth under the OECD’s pillar two Taxpayers expect business expansion to slow from a mismatch between pillar two and controlled foreign corporation (CFC) rules as the OECD continues its rewrite of tax rules into January. By Danish Mehboob January 27 2020
This content is from: United Kingdom IR35: Preparing for the UK’s off-payroll anti-tax avoidance rules by April 2020 Tax departments need to work closely with their HR teams to ensure compliance with the UK’s IR35 rules. Mala Kapacee, director of London Tax Network, explains how companies should get ready for the amendments to the a... By Mala Kapacee January 27 2020
This content is from: Global OECD’s digital tax plan will be a ‘menu’ of options for nations A new international standard on how to tax the digital economy will leave taxpayers and their advisors battling more asymmetrical tax laws around the world, according to lawyers speaking at a conference. By Anjana Haines January 22 2020
This content is from: Global Countries competing over taxing rights raises TP scrutiny Tax authorities competing against each other over taxing rights means taxpayers are dealing with more scrutiny over their transfer pricing (TP) arrangements because no one wants to accept defeat. By Josh White January 22 2020
This content is from: United Kingdom The UK may limit DAC6 disclosures after Brexit Advisors have told ITR that the EU mandatory disclosure regime (DAC6) was “poorly scoped” and may be revised or even phased out in the UK following Brexit. By Danish Mehboob January 20 2020
This content is from: Global Forced SAP upgrade is big on tax transformation agenda Migrating to S/4 HANA is necessary to avoid higher costs as SAP phases out its support for older enterprise resource planning software (ERPs). Tax professionals call it a “golden opportunity” to adjust reporting proce... By Danish Mehboob January 17 2020
This content is from: Global Survey: Diversity and inclusion in the tax sector Take our quick survey to share your views on whether the tax sector is diverse and if businesses are making good progress on eliminating negative discrimination. By Anjana Haines January 15 2020
This content is from: Global Indirect tax developments to dominate the 2020 business landscape The world of tax is never a quiet one, and this is especially true for 2020, where a range of indirect tax issues will keep indirect tax professionals busy. By Patrick Wiseman January 13 2020
This content is from: Global 2020 sees a rise in digital services taxes Digital services taxes (DSTs) in Italy, Austria and Malaysia have entered into force in 2020, forcing taxpayers to navigate the array of unilateral measures that have been introduced while the OECD attempts to find a... By Mattias Cruz Cano January 06 2020
This content is from: Global Challenges of the MLI: Taxpayers caught in the chaos Are countries implementing the Multilateral Instrument for the sake of it, or will it bring about real change? Karnik Gulati questions the real consequences of the MLI and suggests how companies should prepare. By Karnik Gulati January 06 2020
