This content is from: Direct Tax European countries agree to withdraw DSTs in compromise with the US The US, Austria, France, Italy, Spain, and the UK, have agreed to repeal unilateral measures targeting technology companies. The deal introduces a tax credit for companies facing digital services taxes (DSTs) ahead of... By Danish Mehboob October 22 2021
This content is from: United States This week in tax: US drops threat of tariffs over digital tax Following the OECD tax agreement, the US government has cut a deal with five European countries to put aside the threat of tariffs over digital tax measures. This agreement may help secure international tax reform. By Alice Jones & Anugraha Sundaravelu & Josh White October 22 2021
This content is from: Global OECD brokers “landmark” tax deal The OECD has secured a multilateral agreement on pillars one and two. The accord signed by 136 countries will impose a 15% floor on corporate tax rates and reallocate $125 billion of profits. By Alice Jones October 11 2021
This content is from: United States This week in tax: OECD tax reform could benefit the US most of all The US may gain the most in tax revenue from the OECD’s plans for international tax reform, according to a TaxWatch study. This is despite the OECD’s aims of solving digital tax to end tensions over the technology sec... By Alice Jones & Josh White October 08 2021
This content is from: Direct Tax Ireland and other holdout countries agree on pillar two at 15% Ireland, Hungary, and Estonia agree to a global minimum corporate tax rate of 15%, but a US political divide over the global intangible low taxed income (GILTI) regime threatens a consensus. By Danish Mehboob October 08 2021
This content is from: Global Pandora Papers will increase scrutiny on MNE tax affairs Leaked financial information about offshore accounts could implicate multinational enterprises (MNEs) and lead to criminal convictions. By Alice Jones October 04 2021
This content is from: United States Women in Business Law Awards Americas 2021: winners announced The winners of the 10th annual Women in Business Law Awards, spanning 81 categories, have been announced By John Harrison September 29 2021
This content is from: United States US tax regulation still too ambiguous on classifying crypto assets The Internal Revenue Service (IRS) needs to clarify how cryptocurrencies and other digital assets are classified for tax purposes. By Anugraha Sundaravelu September 27 2021
This content is from: Global Diversity in tax: A long way to go Businesses have had to respond to demands for change when it comes to diversity and inclusion. Reporter Anugraha Sundaravelu explores just how far the tax sector has come in 2021. By Anugraha Sundaravelu September 25 2021
