This content is from: Direct Tax ITR’s digital hub: Taxing the digital economy After the OECD secured an international agreement, the world looks set to implement a two-pillar plan to reform how the digital economy is taxed. Here ITR is offering its best coverage of digital tax. By Josh White November 29 2021
This content is from: Sponsored US: Pillar one’s Amount A – a revolution in TP controversy Mark Martin and Thomas Bettge of KPMG in the US discuss the Amount A tax certainty process and how it turns traditional transfer pricing dispute resolution on its head for in-scope taxpayers. By KPMG US & Mark Martin & Thomas Bettge November 29 2021
This content is from: Transfer Pricing AEOI proves effective at mobilising domestic revenue Automatic exchange of information (AEOI) is helping a growing number of countries in the global south combat illicit financial flows (IFFs) as they try to contain the pandemic and its economic fallout. By Leanna Reeves November 25 2021
This content is from: Transfer Pricing Greater tax transparency on the agenda after COVID-19 Tax transparency is high up on the agenda of governments around the world as the OECD pushes for multilateral cooperation to reduce the gap in domestic revenues. By Leanna Reeves November 25 2021
This content is from: Sponsored Value of an entity within the digital economy: Considerations for distribution businesses Carlos Pérez Gómez of HLB MAAT Asesores (HLB Mexico) and Eugenio Tarabini of SP&P (HLB Italy) consider how the digital economy would impact multinational groups involved in distribution activities. By Carlos Pérez Gómez & Eugenio Tarabini & HLB MAAT Asesores November 25 2021
This content is from: Transfer Pricing European businesses continue to grapple with the withholding tax impact on dividends Taxpayers are facing difficult questions about withholding taxes on investment portfolios. This is partly because of a lack of much needed digitalisation. By Leanna Reeves November 19 2021
This content is from: United Kingdom This week in tax: Royal Dutch Shell overhauls dual structure Royal Dutch Shell abandoned its dual structure in favour of moving its tax base from the Netherlands back to the UK. The company has run on a dual structure for the past 16 years. By Josh White & Leanna Reeves November 19 2021
This content is from: Transfer Pricing Taxpayers need a clear tax framework for crypto-assets Investors in cryptocurrencies and other digital assets such as NFTs need a tax framework with clear rules and definitions in order to get the certainty they need to do business. Tax authorities have other ideas. By Leanna Reeves November 18 2021
This content is from: Sponsored Germany: TP of manufacturing entities in the automotive supplier industry – New approaches Yves Hervé, Philip de Homont and Salem Saljanin of NERA Economic Consulting discuss the transfer pricing challenges that multinational automotive suppliers increasingly face and present innovative solutions in a post-... By Nera & Philip de Homont & Salem Saljanin & Yves Hervé November 18 2021
This content is from: European Union This week in tax: EU on track for public CbCR by 2023 This week the European Parliament voted to implement public country-by-country reporting (CbCR) across the EU. The vote was the last obstacle for making public CbCR a reality across the economic bloc. By Alice Jones & Danish Mehboob & Leanna Reeves November 12 2021
This content is from: Global TP audits are rising across the globe under TIWB’s approach Finance ministers from developing countries highlight lower levels of tax avoidance and evasion from partnering with the Tax Inspectors Without Borders (TIWB). An important development to raise revenue by closing tax ... By Leanna Reeves November 11 2021
This content is from: Transfer Pricing Carbon taxes could force companies to change TP approach to risks Businesses may have to overhaul their transfer pricing (TP) policies to factor in carbon tax. This could be crucial for governments looking to reduce carbon emissions following COP26. By Leanna Reeves November 11 2021
This content is from: Ireland This week in tax: Ireland sees corporate tax revenue surge The Irish government has seen corporate tax revenue rise after it signed up to the OECD’s two-pillar framework, including the plan for a global minimum corporate tax rate. By Danish Mehboob & Josh White & Leanna Reeves November 05 2021
This content is from: Transfer Pricing Transfer pricing problems continue as the LIBOR deadline approaches Transfer pricing (TP) directors must ensure internal contracts reflect external ones and amend any file used to justify the firm’s application of arm’s length pricing when moving away from the London interbank offered... By Leanna Reeves November 04 2021
This content is from: Sponsored China provides clarity with new TP guidance for COVID-19 issues Lewis Lu of KPMG discusses the new State Tax Administration transfer pricing guidance for COVID-19 issues and explains why taxpayers should consider enhancing their transfer pricing management systems. By KPMG China & Lewis Lu November 03 2021
This content is from: Brazil Brazilian tax group pushes for racial inclusion in the tax industry English language requirements and elite university credentials are keeping black people out of jobs in the tax profession that they are qualified for in Brazil, according to Black Tax Matters (BTM). By Anugraha Sundaravelu November 01 2021
