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
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
Sponsored
-
Sponsored by KPMG SwedenAnna Valdemarsson and Heléne Markström of KPMG Sweden welcome the suggested changes in the recently published review, which are designed to enhance the use of expert tax relief in the country
-
Sponsored by DeloitteInterview with Dr Alexander Linn, partner, business tax
-
Sponsored by DeloitteInterview with Bernard Mofokeng, head of tax controversy (South Africa), Deloitte Africa tax and legal
-
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
-
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
-
As ITR’s exclusive data uncovers in-house dissatisfaction with case management, advisers cite Italy’s arcane tax rules
-
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
-
Taylor Wessing, whose most recent UK revenues were £283.7m, would become part of a £1.23bn firm post combination
-
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
-
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
-
The international tax, audit and assurance firm recorded a 4% year-on-year increase in overall turnover to hit $11bn
-
AwardsView the official winners of the 2025 Social Impact EMEA Awards