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 -
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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The EU VAT gap was slightly better before COVID-19 than it was in previous years, however, the impact of the pandemic may have set back governments trying to tackle the problems of VAT collection.
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EU member states lost an estimated €134 billion ($152 billion) in VAT revenue in 2019, according to an EU report. This is due to tax avoidance and evasion, bankruptcies, and administrative errors.
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The UK government is making a series of tax simplifications to make its tax environment more competitive. The changes align with the 2023 timeline for the OECD’s global tax reform, a move that limits tax competition.
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Coca-Cola is stuck with a hefty tax bill after the US Tax Court rejected its bid to file an out of time motion. The company hoped the Tax Court would reconsider its 2020 decision.
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Multinational enterprises (MNEs) are upskilling employees and centralising tax functions to manage the rise of environmental tax reforms around the world.
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After the OECD secured an international agreement, the world looks set to implement a two-pillar plan to reform how the digital economy is taxed. Here ITR is offering its best coverage of digital tax.
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This week, SPD leader Olaf Scholz secured a coalition agreement with the Greens and the FDP. The deal included a proposal to introduce a carbon floor price, propelling EU ETS prices to a record high.
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Multinational enterprises (MNEs) headquartered outside the UK will be eligible for accreditation for the first time under the Global Multinational Business Standard.
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Automatic exchange of information (AEOI) is helping a growing number of countries in the global south combat illicit financial flows (IFFs) as they try to contain the pandemic and its economic fallout.
