Australia’s Tax Practitioners Board is set to kick off 2026 with a new secretary to head the administrative side of its regulatory activities.
Ireland’s Department of Finance reported increased income tax, VAT and corporation tax receipts from 2024; in other news, it’s understood that HSBC has agreed to pay the French treasury to settle a tax investigation
The Australian Taxation Office believes the Swedish furniture company has used TP to evade paying tax it owes
Supermarket chain Morrisons is facing a £17 million ($23 million) tax bill; in other news, Donald Trump has cut proposed tariffs
Sponsored
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Sponsored by PwC BelgiumAlexis De Méyère and Elise Hogge of PwC Belgium consider the approach of several European jurisdictions to reducing packaging waste through economic measures, and the ensuing challenges and opportunities for businesses. -
Sponsored by KPMG SwedenKarolina Viberg and Carl-Johan Lindman of KPMG Sweden evaluate a court decision on the deductibility of a licence fee paid by a Swedish company to the Maltese group company that owned the trademark.
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Sponsored by KPMG SwedenCompanies that had been denied energy tax reductions for electricity and fuel consumed in industrial activities will be encouraged by the Supreme Administrative Court’s stance, says Anders Edlund of KPMG Sweden.
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The controversial deal will allow US-parented groups to be carved out from key aspects of pillar two
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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
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Pillar two was ‘weakened’ when it altered from a multinational convention agreement to simply national domestic law, Federico Bertocchi also argued
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Imposing the tax on virtual assets is a measure that appears to have no legal, economic or statistical basis, one expert told ITR
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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
