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Q&A: Sami Koskinen of the Finnish Tax Administration on BEPS implementation

Sami Koskinen is a special adviser for the Large Taxpayers’ Office of the Finnish Tax Administration. Ahead of International Tax Review’s Global Transfer Pricing Forum in New York on May 8-9, he talks to Salman Shaheen of TP Week on how BEPS and country-by-country reporting (CbCR) are progressing.

Salman Shaheen, April 26 2017

Uber faces big VAT bill if tax campaign wins in UK court

Uber faces a big question over its tax responsibilities Uber could be forced to pay millions of pounds in indirect tax if the UK High Court decides that the company should be charging VAT on its services. HMRC could also face questions as to why it did not take action at the first opportunity.

Anjana Haines, April 26 2017

Will a corporate tax cut attract MNEs to the US and Australia?

Rio Tinto has called on Australia and the US to cut their corporate tax rates to become more attractive investment locations, and it seems that Australian Prime Minister Malcolm Turnbull is listening to big businesses despite strong opposition. Will the US follow?

Anjana Haines, April 26 2017

Amazon defeats IRS in $1.5 billion tax case

Amazon’s win reinforces the tax treatment of transfer pricing methods Amazon has triumphed over the US tax authority after the US Tax Court ruled in favour of the online retailer in a tax dispute involving Amazon's use of a Luxembourg subsidiary for its European operations and transfer pricing arrangements.

Anjana Haines, April 26 2017

More headaches for MNEs as Australia’s DPT is enacted

Multinationals will be subject to Australia's divert profits tax (DPT) rules from July 1 after the legislation received Royal Assent on April 4. Businesses must pay close attention to the details to avoid hefty fines.

Anjana Haines, April 26 2017

Looking for the silver lining

With a spate of big elections on the horizon, we are seeing a rollercoaster ride of political rhetoric, false promises, shocks and surprises. Multinationals establishing their long-term tax plans during these uncertain times face the prospect of multiple strategies.

Anjana Haines, April 26 2017

Bulgaria: Clarifications published on dividends paid between Bulgaria and Moldova

Panayiotis Diallinas Moldova has recently clarified certain requirements relating to the taxation of dividends distributed during the period 2008-15 to residents of Bulgaria, in the context of the applicable double tax treaty concluded between the two countries in 1998.

April 26 2017

CRS allows taxpayers to avoid detection as loopholes remain

Financial institutions are busy filing their first reports to tax authorities to comply with the common reporting standard (CRS), but loopholes in the global measure mean some taxpayers can remain undetected. Amelia Schwanke highlights the gaps appearing and the jurisdictions enabling them.

Amelia Schwanke, April 26 2017

CbCR nears: Reputational risk perceptions

Country-by-country reporting (CbCR) deadlines are approaching and MNEs are carefully preparing the information and diligence behind the numbers. CbCR brings us to the next phase and Keith Brockman asks how reputational risk will be questioned by the public (if disclosed) and defended or ignored by MNEs and tax administrations.

April 26 2017

Technology helping to tackle tax fraud across sharing economy

While tax authorities get better at detecting tax fraud, the fraudsters also find new ways to remain under the radar The sharing economy has offered numerous opportunities to individuals and businesses to minimise their tax liabilities, but tax authorities are now using sophisticated software to target those avoiding tax via platforms such as Airbnb, eBay, Amazon and Uber.

Amelia Schwanke, April 26 2017

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