Trump announced he will cut tariffs after India agreed to stop buying Russian oil; in other news, more than 300 delegates gathered at the OECD to discuss VAT fraud prevention
Taxpayers should support the MAP process by sharing accurate information early on and maintaining open communication with the competent authorities, the OECD also said
The Fortune 150 energy multinational is among more than 12 companies participating in the initiative, which ‘helps tax teams put generative AI to work’
The ruling excludes vacation and business development days from service PE calculations and confirms virtual services from abroad don’t count, potentially reshaping compliance for multinationals
Sponsored
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Sponsored by Saleh, Barsoum & Abdel Aziz – Grant Thornton EgyptRabie Morsy and Karim Adel of Saleh, Barsoum & Abdel Aziz – Grant Thornton Egypt assess the package’s impact on dispute resolution, investment structures, and administrative efficiency -
Sponsored by Spanish VAT ServicesThe ruling clarifies that Spain cannot restrict VAT exemptions for general services directly necessary to independent groups’ exempt activities, says Fernando Matesanz of Spanish VAT Services
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Sponsored by MachadoGabriel Caldiron Rezende of Machado Associados comments on the latest developments related to the beginning of the Brazilian consumption tax reform test phase and considers the next steps
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The US Internal Revenue Service could consider a company’s membership in a corporate group when deciding on an interest rate for an intragroup loan extended to the firm
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Jurisdictions that have ratified the global minimum tax are now in the process of making it a reality
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Ben Scull, tax technology director at Sculls Advisory, explains how utilising the right technology can help tax professionals stay ahead of the regulatory curve
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Awards
The Americas awards research cycle has now begun - do not miss out on this opportunity to be recognsied in 2024
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The negative public opinion comes amid PwC’s tax leaks scandal, while the UK opens a consultation on global minimum tax draft guidance
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To avoid ambiguities, interpretation difficulties and possible conflicts, the directive should stay as close as possible to OECD guidelines, the tax group has recommended
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Michael Puls will start at the ‘big four’ firm on January 2 2024, servicing clients both domestically and internationally
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The move is the first major change in Brazil’s VAT system since the end of military dictatorship, local tax specialists told ITR
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While on trial for tax fraud Ulf Johannemann said he had 'switched off' his common sense and that he takes full responsibility' for his mistakes
