Authors from Khaitan & Co evaluate the recent CBDT notification, whereby legacy investments made by investors continue to be exempt from the applicability of GAAR
Dual-qualified corporate tax specialist Christoph Schimmer joins the firm after stints at Deloitte, Cerha Hempel and DLA Piper
Geopolitical rivalry is reshaping global tax cooperation, as the OECD’s minimum tax framework fragments and the EU grapples with the ensuing legal fallout
LED Taxand’s partner tells ITR about entrepreneurial inspirations, the importance of people skills, and what makes tax cool
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Sponsored by Vertex IncKathya Capote Peimbert of Vertex examines how continuous transaction controls expose under‑addressed intercompany transaction risks, and outlines the approach multinationals should take to ensure consistent VAT treatment and improve audit defensibility
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Sponsored by GNV ConsultingAditya Wicaksono and Reza Farhan of GNV Consulting outline new Indonesian tax provisions concerning penalty waivers, filing extensions, and compliance protections introduced under recent regulations supporting the roll-out of the Coretax system
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Sponsored by EY RomaniaDiana Lupu and Ana-Maria Nițu of EY Romania explain when entities subject to the global minimum tax can transition to IFRS, the key benefits and challenges, and the implications for financial reporting and compliance
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Tax directors told ITR about their concerns over rising audits and the growing burden of tax compliance as governments around the world continue to pursue more tax revenue.
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The UK revenue service HMRC has seen its diverted profits tax (DPT) revenue increase during the COVID-19 pandemic due to an increase in profit shifting.
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Companies are strained by the burden of multiple reporting standards and transfer pricing (TP) directors are tasked with meeting the demand for more data.
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Tax directors fear that the Indian tax authority is creating a hostile business environment as GST investigations often lead to wide-ranging audits.
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The US Senate is working on a proposal for a carbon border adjustment that would raise tariffs on carbon-intensive imports, while allowing US companies to maintain a level tax playing field domestically produced goods.
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Several tax administrations and in-house tax directors need standardised implementation guidance from the OECD as 138 countries rush to ready legislation for pillar two’s global minimum tax by December 2022.
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Indonesian tax professionals have told ITR that some financial technology (fintech) companies are still racing to get their systems and procedures ready to charge VAT on digital wallet services from May 1.
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In another eventful week in tax, the 2021 edition of the UN Model Taxation Convention was officially launched, while Disney is facing a higher tax bill over its disagreement with Florida Governor Ron DeSantis.
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Raffaele Russo, an international tax and policy expert, explains why the OECD’s Crypto Asset Reporting Framework (CARF) offers a big opportunity for tax progression but it still needs some improvements.