Brazil’s bid to seek US-style exemptions from pillar two is ‘highly advantageous’ for multinationals, ITR has also heard
India is signalling flexibility on expat taxation to attract foreign expertise, though employers will need to navigate disclosure, treaty and scope uncertainties
Brazil is trying to follow in the US’s footsteps and secure its own 'qualified side-by-side status', ITR understands
The surge in probes comes as the UK tax authority seeks to close a VAT gap of £11.4bn from last year, Pinsent Masons’ research has suggested
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Sponsored by Tax PartnerStephanie Eichenberger and Victoria Riep of Tax Partner provide a guide to Switzerland’s securities transfer tax for domestic and foreign investors, explaining when it is triggered and how to mitigate unexpected tax consequences -
Sponsored by CuatrecasasAndré Areias and Raquel Santos Ferreira of Cuatrecasas scrutinise Portugal’s use of increased municipal property tax on vacant properties and question whether extreme rate multipliers and weak procedural safeguards can withstand constitutional scrutiny
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Sponsored by MFA Legal & TechSamuel Fernandes de Almeida and Ana Rita Carvalho of MFA Legal & Tech explain how a Portuguese binding ruling fuels the emerging dispute with Spain over non-habitual tax residents
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Taxpayers are having to go to “extreme lengths” to claim the foreign derived intangible income (FDII) deduction under US tax rules. One tax director at a medical device company talks to ITR about the challenges.
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Most industry stakeholders, including tax barristers and large businesses, welcome the UK government’s decision to postpone the off-payroll working rules for the private sector for a year amid COVID-19 disruptions.
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With only a couple of weeks until the initial deadline for mandatory e-invoicing, India’s GST Council has decided to postpone the compliance measure for six months.
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Taxpayers told the OECD that aligning country-by-country reporting (CbCR) and the Global Reporting Initiative (GRI) could limit repeating tax information.
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Tax professionals feel that some of the new measures announced in the UK budget indicate the VAT system for financial services will break with EU standards.
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If the OECD adopts suggestions to align country-by-country reporting (CbCR) with the Global Reporting Initiative (GRI) standard public CbCR will be inevitable, but this did not stop organisations expressing their opinions.
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Businesses have offered some practical advice to the OECD about what changes it could make to the country-by-country reporting (CbCR) standard to reduce compliance and improve the use of data.
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Multinational companies like Anglo American and Astra Zeneca rejected proposals that would increase the data included in country-by-country (CbC) reports, potentially allowing tax authorities to use the data as the primary tool for transfer pricing audits.
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Tax professionals welcomed temporary tax measures to improve the UK’s investment environment in the face of coronavirus fears, but many of the measures will not directly benefit large businesses.
