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World Tax

Historical World Tax data suggests the ‘largest law firm merger in history’ may not pose a serious threat to the world's leading tax practices
Awards
ITR invites tax firms, in-house teams, and tax professionals to make submissions for the 2027 World Tax rankings and the 2026 ITR Tax Awards globally
ITR concludes its analysis of World Tax’s rankings for 2026 by highlighting the firms that stood out most on a global scale
As World Tax unveils its much-anticipated rankings for 2026, we highlight the two Brazilian firms that had a standout year of tier promotions
Sponsored

Sponsored

  • Sponsored by SMPS Legal
    The transaction strengthens MexAmerik’s position in the freight and transportation sector and supports the expansion of its operational capabilities, enhances its logistics coverage, and accelerates its growth at a national level.
  • Sponsored by Elias Neocleous & Co
    The launch of our new Neo.law represents both.  This is far more than a website upgrade. It is a new digital expression of who we are as a firm; our values, our international outlook, our commitment to excellence, and our belief that the future of legal services belongs to those prepared to embrace innovation with intelligence and purpose.  
  • Sponsored by Pérez-Llorca
    The Incentive to the Capitalisation of Companies (Incentivo à Capitalização de Empresas – “ICE”), introduced by the 2023 State Budget, was implemented in the broader context of the discussions at EU level surrounding the proposed Debt-Equity Bias Reduction Allowance (DEBRA) initiative, by promoting equity financing through the introduction of a notional interest deduction – the tax incentive. By establishing a "notional interest" deduction system with deductibility caps that are significantly more generous than those applicable to net financing costs under the general Portuguese interest barrier rule, the ICE has effectively enabled a hybrid approach to corporate capitalisation – one that combines the economic substance of equity with a tax deduction that mirrors the treatment traditionally reserved for debt financing.