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Timeline: The Long Road to TP Reform in Brazil
The Brazilian government may be on the verge of aligning the country's unique system with OECD standards, but this is a long-awaited TP...
Flexi Group
Feb 9, 20234 min read
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Where we stand with implementing Pillar two in the EU
As part of the global tax reform, just one EU member state has unveiled draft legislation to implement the Global Anti-Base Erosion...
Flexi Group
Feb 7, 20234 min read
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The OECD has issued final technical recommendations for the global minimum tax
The official OECD guidance on how to implement the 15% global minimum company tax rate is now available to governments. Today, February...
Flexi Group
Feb 3, 20231 min read
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Infosys admits to a £20 million tax dispute with HMRC
The Indian firm that is disputing the bill has a family link to UK Prime Minister Rishi Sunak, whose administration is currently...
Flexi Group
Feb 2, 20232 min read
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Despite the pillar two drive, Korean firms remain apprehensive
A constant trickle of countries has stated plans to implement Pillar 2, but Korea was first. The member jurisdictions of the Inclusive...
Flexi Group
Jan 31, 20234 min read
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BEFIT raises TP concerns among business groups
Industry organisations are concerned about the move away from the ALP and toward formulaic apportionment as part of an EU-wide shared...
Flexi Group
Jan 27, 20233 min read
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Due to information leaks, a former PwC partner was given a 2-year ban in Australia.
In connection with a scandal involving the disclosure of secret information about the government's plans to target multinational tax...
Flexi Group
Jan 24, 20232 min read
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FQM is embroiled in a tax dispute in Panama
This week, First Quantum Minerals is in a dispute with the Panamanian government over royalties and corporate tax, while Samsung India is...
Flexi Group
Jan 16, 20233 min read
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Tax controversies to watch in 2023
Multinational corporations such as Amazon and Medtronic are embroiled in legal fights over their tax and transfer pricing (TP)...
Flexi Group
Jan 13, 20231 min read
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South Korea intends to implement semiconductor tax breaks
South Korea announced hefty tax reductions for semiconductor manufacture this week, while Dubai lifted its alcohol sales tax in advance...
Flexi Group
Jan 9, 20232 min read
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Stelios Violaris: Cyprus' new minimum tax rate must reach the "golden ratio"
Stelios Violaris, partner and head of international tax services at PwC Cyprus, has looked at the adoption of the minimum tax rate of...
Flexi Group
Jan 9, 20233 min read
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EU agrees on global minimum tax rate for pillar two
Hungary withdraws its veto as the EU takes the initiative in implementing the OECD's pillar two agreement. Yesterday, December 12, EU...
Flexi Group
Dec 14, 20222 min read
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2023 UAE corporation tax plan
Companies in the UAE can plan for a corporate tax regime to be implemented in 2023, while the Trump Organization was found guilty of 17...
Flexi Group
Dec 12, 20224 min read
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Last month, in indirect tax, Airbnb and Uber criticised the New Zealand GST plan
Companies have criticised suggestions for the gig economy, but the VAT discrepancies between the UK and the EU have narrowed in...
Flexi Group
Dec 8, 20228 min read
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According to tax directors, pillar two needs additional time
Businesses also require more time to execute the OECD's pillar two, according to tax directors, and jurisdictions should seek further...
Flexi Group
Dec 6, 20224 min read
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Italy intends to tax cryptocurrency in 2023.
Documents published on December 1 indicate that the Italian government will charge a 26% capital gains tax on cryptocurrency income more...
Flexi Group
Dec 5, 20221 min read
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TP tampering by the tax authority raises the threat of flight or fight.
International businesses worry that intensive tax audits may be scrutinizing transfer pricing methods too closely. Multinational...
Flexi Group
Dec 2, 20224 min read
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African nations have won a battle to pave the path for global tax reforms
Tax fairness proponents hailed the resolution as a "historic victory" in the effort to wrest control of global tax policymaking from the...
Flexi Group
Nov 28, 20223 min read
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Public CbCR law in Romania provides limited lead time for planning
Despite the short notice, businesses like Valentino and EveryMatrix claim that early adoption of EU public CbCR rules could increase...
Flexi Group
Nov 24, 20224 min read
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Amid disruptions to the global supply system, TP policies take center stage.
According to TP experts, COVID and war have brought to light how unprepared businesses are to handle unforeseen geopolitical shocks....
Flexi Group
Nov 18, 20225 min read
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