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France targets multinational corporations for tax avoidance
The French government will target the wealthy and multinational corporations, and the largest corporations will be audited every two...
Flexi Group
May 12, 20231 min read
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PwC is racing to contain the escalating Australian tax leak issue
Top executives from the Big Four firms are being flown to Sydney in a bid to stem the crisis. PwC is scrambling to limit the global...
Flexi Group
May 12, 20233 min read
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Beginning of a long crypto journey for HMRC is the DeFi consultation
According to experts, HMRC's proposed crypto-asset DeFi law is a fine place to start, but more work is required to create a comprehensive...
Flexi Group
May 11, 20234 min read
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Russia's energy sector suffers as the Kremlin is compelled to raise taxes
Putin hikes charges on oil and gas companies in response to the G7's price cap on Russian petroleum. According to officials from the...
Flexi Group
May 8, 20233 min read
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India rejects plans to raise taxes on the wealthy
Although India has changed some tax rates for individuals and businesses, sources say it is still working on other issues such as capital...
Flexi Group
May 3, 20232 min read
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Brazil's tax appeals are under scrutiny from the OECD, according to a letter
Grace Perez-Navarro complained in writing to Fernando Haddad, Brazil's finance minister, about judicial injustices and lengthy tax...
Flexi Group
May 2, 20232 min read
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India's high court modifies the scope of litigation for matters involving transfer pricing
The Supreme Court recently held that transfer pricing comparability difficulties can result in a "substantial question of law." High...
Flexi Group
Apr 28, 20232 min read
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Premier League clubs are facing tax liens
Premier League football teams have been accused of evading up to £470 million in UK tax, while Malta is preparing to change its...
Flexi Group
Apr 24, 20233 min read
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Australia sets a strict deadline for the public CbCR bill for taxpayers.
Businesses have until April 28 to comment on proposals to make public CbCR reporting mandatory. According to sources, these reforms will...
Flexi Group
Apr 13, 20233 min read
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The super-rich are fleeing Norway at an all-time high as the wealth tax rises marginally
Moving abroad has come as a surprise, costing tens of millions of dollars in missed tax receipts. Following the centre-left government's...
Flexi Group
Apr 11, 20233 min read
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Countries disagree on the UN's role in taxes.
While European countries and the US caution against parallel work to the OECD's two-pillar model, African countries support the UN...
Flexi Group
Apr 5, 20232 min read
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Global mobility's tax challenges
40% of large international companies still lack clear tax and payroll standards to address the issue, despite the growing phenomenon of...
Flexi Group
Mar 23, 20234 min read
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Why the year 2023 could impact how international tax policy develops
A significant deadline in the roadmap that could result in a long-term alteration in how international tax policy is formed has passed....
Flexi Group
Mar 21, 20234 min read
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The UK and Brazil’s double tax treaty
Brazil's new treaty reflects an effort to harmonise tax legislation with OECD standards, say local lawyers Allan Fallet and Ariene Reis,...
Flexi Group
Mar 1, 20235 min read
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Hong Kong plans to implement a global business tax by 2024
The Hong Kong SAR budget for 2023-24 includes tax measures such as a patent box and one-time cuts to help the COVID-19 economic rebound....
Flexi Group
Feb 23, 20232 min read
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France says India, Saudi Arabia, and the United States are blocking pillar one.
According to French Finance Minister Bruno Le Maire, the EU should not rule out adopting pillar one alone if global talks fail. On...
Flexi Group
Feb 22, 20232 min read
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Plastic taxes: a guide to new European legislation
According to Grzegorz Peszko of the World Bank, European countries are setting the way for extensive plastic packaging tariffs, reshaping...
Flexi Group
Feb 16, 20235 min read
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HMRC sends 'nudge' letters to 2,000 companies about R&D tax evasion
The move is part of a government-wide drive on incorrect and fraudulent R&D tax claims, which cost the government £469 million last year....
Flexi Group
Feb 15, 20232 min read
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Frequently Asked Questions on the Transfer Pricing Documentation Rules published
On 10 February 2023, the Cyprus Tax Department (CTD) added a new section to its website titled "Frequently Asked Questions" (FAQs)...
Flexi Group
Feb 14, 20233 min read
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Biden proposes a tax increase on stock buybacks
During his state of the union address on February 7, US President Joe Biden advocated for a higher tax on stock buybacks in order to...
Flexi Group
Feb 13, 20233 min read
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