United States
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 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
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Sponsored by Fenwick & WestWill Skinner and Mike Knobler of Fenwick discuss how higher rates and tighter limits on deductions could decrease inbound investment into the US. -
Sponsored by EY Asia-PacificAs the BEPS 2.0 project gains momentum toward finalisation, Barbara Angus and Luis Coronado of EY summarise how we got here, provide an update on the latest developments and share their views on what to expect next.
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Sponsored by KPMG USMark Martin and Thomas Bettge of KPMG in the US examine the Inclusive Framework’s July statement on pillars one and two and consider what it has to say about dispute prevention and resolution.
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