Tax watch: The decade of digital surveillance More electronic compliance, integrated software, data exchanges and an anticipated overhaul of the international tax rules will dominate the next decade. This all amounts to one message: Governments will know your every move. Are you ready?
Market insight In this month's round-up of changes, we feature new partners joining firms across the world, including Blake, Cassels & Graydon, King & Spalding, Baker McKenzie, Vertex and many more.
Taxpayers moving away from the Big Four to law firms for advice The EU’s mandatory disclosure regime (DAC6) and budget constraints are leading some tax executives to reassess how they use the Big Four accountancy firms for advice, with some preferring the protection of legal privilege offered by law firms.
Tax lens into the future The OECD’s pillar one and pillar two tax initiatives represent the opening act into the future international tax landscape, writes Keith Brockman.
Case study: Using an ‘APA model’ to gain tax certainty One head of tax at a European consumer goods company talks to ITR about their experience of negotiating a bilateral advance pricing agreement (APA) to safeguard transfer pricing arrangements.
Joint audits: The German experience Michael Braun, Thomas Eisgruber, Stefan Greil and Stephan Schmitz of the German tax administration discuss their experience with joint audits and why cooperation matters.
OECD Global Forum outlines what’s next in the tax transparency revolution The OECD’s Global Forum plays a vital part in achieving international tax transparency. Here, Global Forum Head Zayda Manatta, Radhanath Housden, head of the AEOI Unit, and Adrian Wardzynski, policy advisor, outline the successes of the past decade and what to expect in the next 10 years.
A practical guide for grading an MNE’s transfer pricing function See how your company scores on TP Consultant Richard Goldberg’s 10-minute MNE transfer pricing function quality assessment test. Then, consider enhancing your MNE’s transfer pricing function in light of any identified risks.
Tax functions must break through ‘midlife crisis’ for a better future Marc Mokrab, group tax director at Technicolor, discusses the three fundamental trends that will influence how tax departments transition from the ‘old world’ into a new era of taxation, technology and responsibility.
India’s policies to tackle tax evasion create MNE compliance woes Manish Agarwal, head of tax at Sasken Technologies, explains how the Indian government’s latest attempts to tackle GST tax avoidance and evasion are creating compliance and administrative burdens for large businesses, which risks discouraging compliance.
How to prepare for Brazil’s tax reform proposals in 2020 Ivan Tiburcio, tax accountant at Kerry Group, explains how a Brazilian company should monitor and prepare for Brazil’s tax reform proposals and anticipated transfer pricing changes.
Transfer pricing cases to watch in 2020 Taxpayers must prepare for an increasing number of difficult questions from the tax authorities over the coming decade. ITR reviews a few of the biggest upcoming TP cases for tax professionals to keep an eye on in 2020.
Reviewing Wayfair’s Impact: A year and a half later The Wayfair case changed the way US states impose sales tax and many businesses have been reeling from the impact of the decision ever since. Professor Wally Hellerstein explores the case and its relevance in 2020.
TP aspects of intangibles: How deep should DEMPE be? Philippe Paumier, founder of VECTOR TP, addresses some of the common challenges MNEs face on DEMPE analysis and how the enterprise risk management, governance compliance and risk frameworks are relevant.
The ‘Power of With’: Combining humans and machines to transform tax New technologies are increasingly helping modernise the tax function. Deloitte’s Amanda Hale, Emily VanVleet, Jeff Butt and Taj Hollis outline how future tax leaders will be able to reap benefits from the digital transformation.
Challenges of the MLI: Taxpayers caught in the chaos Are countries implementing the Multilateral Instrument for the sake of it, or will it bring about real change? Karnik Gulati questions the real consequences of the MLI and suggests how companies should prepare.
Selecting the ideal European HQ location The location of a multinational enterprise’s (MNE) headquarter is a fundamental issue for any large company operating in Europe today. Eurofiscus TP consultants Arthur Pleijsier and Sander Pleijsier assess the best locations.
IR35: Preparing for the UK’s off-payroll anti-tax avoidance rules by April 2020 Tax departments need to work closely with their HR teams to ensure compliance with the UK’s IR35 rules. Mala Kapacee, director of London Tax Network, explains how companies should get ready for the amendments to the anti-avoidance measure.
Will the 2020s be the decade of ‘fair’ tax? Greater tax disclosures with the facts behind the numbers can lead to a better understanding of an MNE’s tax strategy, writes Giles Parsons. However, achieving the ‘fair’ tax balance is not that simple.
Can a robot write this? The ITR team regularly speaks to tax professionals, who help to inform our decisions on articles.
Tax Relief Because tax doesn’t have to be taxing. A less-than-serious look back at some of the quirkier tax stories from the past month.
