This content is from: Global This week in tax: DST drama, COVID-19 and tax awards In the week that Japanese Prime Minister Shinzo Abe resigned, the UK treasury denied rumours about cancelling its digital services tax, Facebook paid France €106 million in taxes and numerous VAT and COVID-19 announce... By Anjana Haines August 28 2020
This content is from: Global Asia Tax Awards 2020: The winners The winners of the ITR Asia Tax Awards have been announced in a webinar presentation. By Prin Shasiharan August 26 2020
This content is from: Global Indirect Tax Leaders guide 2021 is live: The leading indirect tax practitioners in the ... The ninth edition of the Indirect Tax Leaders guide, the leading international publication that lists the world’s top indirect tax advisors, has released its results for 2021. By Jon Moore August 26 2020
This content is from: United Kingdom UK denies it would drop DST for US trade deal The UK government has denied reports that claim it plans to drop its digital services tax (DST), sparking doubt over the DST’s future and its impact on US-UK trade negotiations. By Mattias Cruz Cano August 24 2020
This content is from: Global Digital audits risk alienating MNEs from revenue authorities Multinational enterprises (MNEs) are concerned that an increase in digitisation and anonymity is jeopardising their relationships with tax authorities as COVID-19 forces an increase in online interactions. By Alice Jones August 24 2020
This content is from: United Kingdom What UK taxes could be raised to cover COVID-driven spending? Brian Peccarelli, chief operating officer at Thomson Reuters, examines what UK taxes are likely to rise in the near term to plug coronavirus spending, and what the challenges will be for CFOs. By Brian Peccarelli August 24 2020
This content is from: Global Managing global tax controversy in 2020 Tax directors, advisors and government officials gather virtually to debate the future of global tax disputes and controversy. By Anjana Haines & Danish Mehboob & Josh White August 21 2020
This content is from: Global This week in tax: Mastercard’s India case, tax treaties, and trade In the week that Joe Biden became the US Democratic Party’s presidential nominee, the tax world has been dealing with several key court cases, more transfer pricing (TP) measures, and trade developments. By Anjana Haines August 21 2020
This content is from: European Union MNEs struggle to prepare for Northern Ireland post-Brexit compliance As the UK approaches the Brexit deadline, multinational enterprises (MNEs) operating in Northern Ireland are struggling to prepare their indirect tax systems to meet post-Brexit requirements. By Mattias Cruz Cano August 19 2020
This content is from: Global Cross-border tax information exchange is a game-changer Sanjeev Sharma, principal director of income tax at the India Income Tax Department, discusses the exchange of tax information developments of the past decade and what needs to happen next. By Sanjeev Sharma August 18 2020
This content is from: Global UN digital tax proposal diverges from OECD two-pillar solution The United Nations (UN) tax committee’s default gross-based tax proposal to address the tax challenges of the digitalised economy differs from the OECD’s pillar one plan on several key features. By Danish Mehboob August 17 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 August 14 2020
This content is from: Global How to avoid being exposed to tax disputes Many years ago, I was responsible for a tax group that reported to a regional group services organisation and not to the global head of tax. A new manager, with no experience of tax, had just taken over responsibility... By Giles Parsons August 14 2020
This content is from: Global How COVID-19 changed the tax world The COVID-19 pandemic has hit businesses and their employees hard, as well as the wider domestic and global economies. By Josh White August 14 2020
This content is from: Global Market insight There have been some significant new hires across a range of tax firms around the world. By Jon Moore August 14 2020
This content is from: Global How to prevent a tax dispute or mitigate its damage Opportunities to come to a resolution with the tax authorities are generally better the earlier they present themselves in the life-cycle of a tax dispute, says Sandy Markwick, head of the Tax Director Network (TDN) a... By Sandy Markwick August 14 2020
This content is from: Global Tax controversy: Heavyweight audits on the rise Tax certainty has taken a big hit from the COVID-19 pandemic after already suffering from cross-border issues in a post-BEPS environment. Danish Mehboob explains how tax dispute management tools will be less effective... By Danish Mehboob August 14 2020
This content is from: Tax Disputes The Brockman Brief: Resolving disputes in uncertain times Keith Brockman looks at how to prevent and resolve disputes just as the international tax system is changing. By Keith Brockman August 14 2020
This content is from: United Kingdom eBay to absorb UK DST cost eBay has told sellers that it will absorb the costs of the UK’s 2% digital services tax (DST), assuring users that fees will not increase to offset the levy, unlike Amazon. By Mattias Cruz Cano August 13 2020
This content is from: Global Americas Tax Awards 2020: Shortlist announced The shortlist for the ITR Americas Tax Awards 2020 has been announced. By Prin Shasiharan August 13 2020
This content is from: Global Americas Tax Awards 2020: Reactions Leading firms react to their nominations at the ITR Americas Tax Awards 2020. By Prin Shasiharan August 13 2020
This content is from: Indirect Tax Post-Brexit compliance forces MNEs to consider UK exit Tax directors at multinational enterprises (MNEs) have told ITR that continuing to operate in the UK may be unfeasible after Brexit, depending on the final trade agreement between the EU and the UK. By Alice Jones & Mattias Cruz Cano August 12 2020
This content is from: United Kingdom Amazon to pass on UK DST cost to sellers Amazon has said it will increase its seller’s fees in the UK by 2% from September, passing on the additional tax burden of the digital services tax (DST) to platform users. By Mattias Cruz Cano August 10 2020
This content is from: United Kingdom Enhanced UK scrutiny on corporate tax evasion procedures The UK is set to increase tax evasion enforcement because of the widening COVID-19 financial deficit. Both domestic and foreign companies should closely review their exposure under the corporate criminal offences prov... By Contributor August 10 2020
This content is from: Global Tax Talks: Emmanuelle Deglaire, Taxation of Data ITR’s Mattias Cruz speaks with Emmanuelle Deglaire, academic at EDHEC, about the taxation of data, discussing the legal nature of this potential tax, the key challenges and the impact on multinationals. By Mattias Cruz Cano August 10 2020