The controversial deal will allow US-parented groups to be carved out from key aspects of pillar two
Awards
ITR invites tax firms, in-house teams, and tax professionals to make submissions for the 2027 World Tax rankings and the 2026 ITR Tax Awards globally
Pillar two was ‘weakened’ when it altered from a multinational convention agreement to simply national domestic law, Federico Bertocchi also argued
Imposing the tax on virtual assets is a measure that appears to have no legal, economic or statistical basis, one expert told ITR
Sponsored
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Sponsored by GNV ConsultingBenjamin Simatupang and Terananda Prastiti of GNV Consulting outline a host of significant tax updates from Indonesia, including an updated Job Creation Law and a VAT incentive for battery-based electric vehicles. -
Sponsored by Crowe Valente/Valente Associati GEB PartnersAlessandro Valente of Valente Associati GEB Partners/Crowe Valente outlines the opportunities for businesses in Italy who take advantage of advance investment rulings.
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Sponsored by Deloitte LuxembourgVincent Martin and Jordan Feltesse of Deloitte Luxembourg overview the evolving tax landscape for crypto assets in Luxembourg, offering guidance in the absence of established regulation.
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The EU has seemingly capitulated to the US’s ‘side-by-side’ demands. This may be a win for the US, but the uncertainty has only just begun for pillar two
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The £7.4m buyout marks MHA’s latest acquisition since listing on the London Stock Exchange earlier this year
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ITR’s most prolific stories of the year charted public pillar two spats, the continued fallout from the PwC Australia tax leaks scandal, and a headline tax fraud trial
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The climbdowns pave the way for a side-by-side deal to be concluded this week, as per the US Treasury secretary’s expectation; in other news, Taft added a 10-partner tax team
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A vote to be held in 2026 could create Hogan Lovells Cadwalader, a $3.6bn giant with 3,100 lawyers across the Americas, EMEA and Asia Pacific
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Foreign companies operating in Libya face source-based taxation even without a local presence. Multinationals must understand compliance obligations, withholding risks, and treaty relief to avoid costly surprises
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Hotel La Tour had argued that VAT should be recoverable as a result of proceeds being used for a taxable business activity
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Tax professionals are still going to be needed, but AI will make it easier than starting from zero, EY’s global tax disputes leader Luis Coronado tells ITR
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AI and assisting clients with navigating global tax reform contributed to the uptick in turnover, the firm said
