Grant Thornton advanced plans to integrate its Australian firm into its US arm, as tax developments spanned law firm hires, aviation levies and digital services taxes
A new focus on early intervention and increased AI use is transforming how tax authorities are approaching TP audits, though capacity-constrained jurisdictions risk falling behind
The French administration has used AI to detect undeclared swimming pools and verandas but always includes a human in the loop, the AI in Tax Forum heard
The UK tax authority’s deputy director of large business also reassured taxpayers that HMRC will not ‘nitpick’ returns
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Sponsored by McCarthy TétraultThe key changes under Budget 2025 and the outlook for 2026 raise several areas of heightened focus for taxpayers, say Matthew Kraemer, Adam N Unick, and Justin Ng of McCarthy Tétrault
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Sponsored by Lakshmikumaran & SridharanThe Tiger Global Supreme Court ruling weakens the status of tax residency certificates under tax treaties and increases substance‑based scrutiny, say S Vasudevan, Bharathi Krishnaprasad, and Krishna Laasya V of Lakshmikumaran & Sridharan
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Sponsored by DeloitteJess Williams, Jimmy Man, and Olivier Hody of Deloitte explain how tax can be elevated from a post-close support function to a value-realisation tool in M&A transactions through quick wins and longer-term actions
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The EU Commission’s proposal for a 'significant digital presence' tax is a bold attempt to ring-fence the digital economy, despite the views of some OECD members that this approach is inappropriate.
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Tax experts have criticised the EU’s digital sales tax for being unfair towards digital companies and questioned if a new multilateral instrument is necessary to amend the PE definition in tax treaties to include a significant digital presence.
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HMRC is poised to sign an industry-wide agreement with marketplaces such as Amazon and eBay to create a disclosure scheme for VAT evasion. The deal is expected to come out on April 24, and it will give the UK tax authority access to huge amounts of transaction data with overseas sellers.
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An increased focus on substance has contributed to companies being less worried about reputational damage from heightened public and media scrutiny of their tax affairs. But it remains a concern for corporates and some prefer to pay more tax to avoid ending up in the spotlight.
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Vertex, a US-headquartered tax automation solutions provider, has further expanded its presence in Europe with new offices in Amsterdam and Frankfurt. It has also appointed former USA VP of taxes at Nestle, Michael Davis, as chief adviser and tax strategist.
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In-house tax professionals anticipate a Brazilian OECD membership will solve problems with complex transfer pricing rules and costly disputes with the tax authority. Calculating an arm’s-length price can be a challenge because Brazil’s most commonly-used transfer pricing method, the resale price method or PRL, has fixed margins.
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International accountancy and advisory firm Mazarrs has promoted Greig Simms to tax partner.
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In recent years, Mexican government agencies, including the Mexican Banking and Securities Commission (CNBV) and the National Retirement Savings System Commission (CONSAR) have implemented regulatory changes with the intent of allowing investors in general and specialised retirement fund investment companies in particular, to better diversify their holdings while at the same time providing the private sector with additional fundraising alternatives.
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Andersen Global has signed a collaboration agreement with Mark Davies & Associates.