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 Thomson ReutersITR and Thomson Reuters hosted a webinar on November 22 to discuss the continuing tax transformation in the Middle East and North Africa region.
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Sponsored by KPMG USMark Martin and Thomas Bettge of KPMG in the US describe the transfer pricing items in the Treasury-IRS 2021–22 priority guidance plan, and explore how these may change or reinforce the US transfer pricing environment.
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Sponsored by Thomson ReutersITR and Thomson Reuters hosted a webinar on November 17 to discuss how indirect tax challenges can be simplified through the use of technology.
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