HMRC secured lengthy prison sentences in a major payroll VAT fraud case, while law firms announced tax promotions and hires
Significant changes include an update to profit markers and an alteration to how an ‘inbound distributor’ is defined
ITR sat down for a pre-event interview with Tim Zech, WTS Germany, and Jeff Soar, WTS UK, keynote speaker at next week’s ITR AI in Tax Forum 2026 in London
Brazil’s bid to seek US-style exemptions from pillar two is ‘highly advantageous’ for multinationals, ITR has also heard
Sponsored
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Sponsored by AvalaraGovernments’ unprecedented access to transactional data is creating new indirect tax challenges for multinationals. Alex Baulf of Avalara summarises key regional developments ahead of a webinar sharing his practice-based insights -
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
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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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Taxpayers are concerned about the lack of detail on Turkey’s proposed digital services tax (DST) because it differs significantly from other countries, risking double taxation on cross-border online advertising services and treaty disputes.
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Companies like Uber are concerned the OECD’s proposal to tax the digital economy does not address the needs of loss-making businesses. However, the US software company is far from alone in its concerns.
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Diverse tax teams will drive innovation for all businesses if there is collaboration and inclusion, regardless of an individual’s age, race, religion or sexual orientation, according to a panel of tax professionals.
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Despite the EU’s insistence that its plan to store and exchange electronic payment data is the ideal solution to combat VAT fraud, European banks say it is counter-productive and want it changed.
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US app company Uber has raised concerns about the scope of the OECD’s unified approach, while the French carpool business BlaBlaCar has called for a higher threshold.
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Businesses will need to keep a log of validated VAT numbers when the EU ‘quick fixes’ legislation applies from January 1 2020 because the EU VAT Information Exchange System on the web (VIES) is not fit for use and requires modernisation.
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Tax professionals are taking a closer look at the criteria being used to determine which industries should benefit from a carve out on the digital tax proposals ahead of the OECD publishing taxpayer comments to its pillar one consultation document.
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The first responses to the OECD on its public consultation on the digital economy show divisions continue, with some calling for an expansion of the FAR analysis or reverting to the G24 plan.
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HMRC’s Andrew Tucker has admitted that the authority’s assumptions over how businesses are managing their UK tax liabilities is not always correct, stressing the importance of evidence sessions. However, talks do not mean that changes are coming.
