United States
The president described it as ‘one of the most important cases in the history of our country’; in other news, Portugal established a VAT group regime
Simpson Thacher & Bartlett and MinterEllisonRuddWatts were among the firms that advised on the deal
The US’s GILTI regime will not be forced upon American multinationals in foreign jurisdictions, Bloomberg has reported; in other news, Ropes & Gray hired two tax partners from Linklaters
If the US doesn't participate in pillar two then global consensus on the project can’t be a reality, tax academic René Matteotti also suggests
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Sponsored by KPMG USMark Martin and Thomas Bettge of KPMG in the US describe changes to section 174 of the US Internal Revenue Code and what this may mean for entities that provide contract research and development services to related parties. -
Sponsored by Deloitte Transfer Pricing GlobalITR Americas Tax Awards winners Chuck Kosal, Jennifer Deutsch and Kristine Riisberg discuss how Deloitte is embracing tax transformation across the Americas, in a podcast.
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Sponsored by KPMG USMark Martin and Thomas Bettge of KPMG in the US discuss certain aspects of recent US Treasury final regulations regarding foreign tax creditability.
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