Hotel La Tour had argued that VAT should be recoverable as a result of proceeds being used for a taxable business activity
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
AI and assisting clients with navigating global tax reform contributed to the uptick in turnover, the firm said
In a post on X, Scott Bessent urged dissenting countries to the US/OECD side-by-side arrangement to ‘join the consensus’ to get a deal over the line
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Sponsored by GNV ConsultingAditya Wicaksono and Yoan Putra Muda of GNV Consulting report on the country addressing the global minimum tax, and a streamlining of the procedures used for tax corrections, objections, reductions, eliminations, and cancellations
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Sponsored by GNV ConsultingAditya Wicaksono and Yoan Putra Muda of GNV Consulting summarise a regulation aimed at smoothing the transition to the new VAT rate, and a revision of the rules concerning customs and excise audits
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A new transatlantic firm under the name of Winston Taylor is expected to go live in May 2026 with more than 1,400 lawyers and 20 offices
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As ITR’s exclusive data uncovers in-house dissatisfaction with case management, advisers cite Italy’s arcane tax rules
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The new guidance is not meant to reflect a substantial change to UK law, but the requirement that tax advice is ‘likely to be correct’ imposes unrealistic expectations
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Taylor Wessing, whose most recent UK revenues were £283.7m, would become part of a £1.23bn firm post combination
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China and a clutch of EU nations have voiced dissent after Estonia shot down the US side-by-side deal; in other news, HMRC has awarded companies contracts to help close the tax gap
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An EY survey of almost 2,000 tax leaders also found that only 49% of respondents feel ‘highly prepared’ to manage an anticipated surge of disputes
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The international tax, audit and assurance firm recorded a 4% year-on-year increase in overall turnover to hit $11bn
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CIT as a proportion of total tax revenue varied considerably across OECD countries, the report also found, with France at 6% and Ireland at 21.5%
