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Melissa Lim On April 6 2017, the Australian Treasurer announced the progress made so far of the Australian Taxation Office's (ATO) multinational tax crackdown.

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.

Jim Fuller David Forst The US Tax Court decision in Amazon.com Inc. v. Commissioner, 148 T.C. No. 8 (2017), is another in a line of cases where the court applied US transfer pricing law in a straightforward manner and rejected the Internal Revenue Service's (IRS) aggressive and unfounded interpretations of the very law that it wrote. It has important ramifications for both outbound and inbound taxpayers, with the focus here being inbound.

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.

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.

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.

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?

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.

Freddy Karyadi Nina Cornelia Santoso In preparation for the first exchange of information (EOI) by September 2018, the Indonesian government has enacted several implementing regulations, despite the ongoing discussions to issue a Government Regulation in Lieu of Law (Peraturan Pemerintah Pengganti Undang-undang, or Perppu) as the legal basis for EOI in Indonesia. The said Perppu is currently being proposed to the President and is expected to be signed in the near future. Upon its enactment, the Perppu shall become effective, despite the initial plan to implement the first EOI by 2018. Subsequently, the Indonesian tax authority may immediately access both foreign or local customer information data from banking, capital market, insurance, and other financial sectors.

Sweden plans to introduce new rules on the taxation of commercial real estate that may complicate tax credits for foreign taxpayers and potentially result in double taxation. Richard Hedin Thyr, tax partner, and Hussein Abdali, tax adviser, at Skeppsbron Skatt, Taxand Sweden, analyse what these proposals could mean.