United Kingdom
ITR understands that UK Chancellor Rachel Reeves will announce a consultation on the proposed financial reward scheme, which had left advisers fretting
The long-running dispute centres on Medtronic’s use of the comparable uncontrolled transaction TP method; in other news, Paul Hastings and FTI Consulting both made double tax hires
The US itself was the biggest loser of tax revenue to American multinationals’ profit shifting, the Tax Justice Network reported; in other news, firms made key tax hires
The partnership model was looking antiquated even before the UK chancellor’s expected tax raid on LLPs was revealed. An additional tax burden may finally kill it off
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Sponsored by EY Asia-PacificThe indicators point in one direction: an increase in tax controversy, as authorities’ resources are ploughed into increased scrutiny. Luis Coronado of EY explains why, and suggests what tactics businesses should be adopting. -
Sponsored by Vertex IncPeter Boerhof of Vertex Inc shares a client case study in which a company invested in a tax engine to automate processes, ensure compliance, and keep up with rapidly digitising tax authorities.
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Sponsored by KPMG Hong KongLewis Lu and John Timpany of KPMG China discuss a recent court judgment in Hong Kong on stamp duty relief relating to an intra-group share transfer involving foreign LLPs.
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