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 told ITR they remain ‘cautiously optimistic’ about the OECD’s proposal to narrow the scope and nexus in Pillar one of the digital tax debate to target consumer-facing companies with residual profit taxes.
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The OECD has put forward a proposal to apply a new formula to residual profits in its digital tax report. The organisation hopes this compromise will resolve the impasse, but companies don’t expect radical change.
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The British government’s new proposal for the Irish border does little to increase certainty about customs, while businesses continue to plan for a no-deal Brexit.
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As the OECD draws up its proposal on taxing the digital economy, many businesses fear the arm’s-length principle will not survive the final report.
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As VAT becomes increasingly digitalised, companies are rapidly turning to the use of centralised data systems in order to ensure the accuracy of their VAT returns.
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Tax directors not using the same tools as tax authorities, including machine learning algorithms, are at risk of missing discrepancies caught during a tax audit.
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Businesses with a large amount of minimum alternate tax (MAT) credits are choosing to use up the benefits before opting into India’s reformed corporate tax regime and losing the incentive.
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Businesses outside the high-tech industry are preparing to take on greater compliance costs from the OECD plans to reform international tax to address the digitalisation of the economy.
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The British government has proposed a new approach to the Irish border in a bid to resolve the deadlock over Brexit. This is a game-changer for UK customs policy.
