top of page
All Articles
EU worries over the pillar two vote
This week in Parliament, European Commissioner for the Economy Paolo Gentiloni provided more details on tax reform, including strategies...
Oct 3, 20222 min read
Council approves the EU-wide energy levy without unanimous consent
At a special Council meeting on September 30, energy ministers reached an agreement on measures, including a windfall tax on fossil fuel...
Oct 3, 20223 min read
Global TP Forum Europe: Tax authorities want pillar one to be "streamlined."
At an ITR event, Tricentis and Boehringer Ingelheim, along with a European Commission TP specialist, criticised the complexity and scope...
Sep 30, 20223 min read
The gig economy would be subject to GST in New Zealand.
According to recent plans, gig economy businesses in New Zealand would be required to fully account for and take responsibility for the...
Sep 29, 20225 min read
Mismatches in global TP audits were brought to light at the Managing Tax Disputes Summit.
Speakers at the Managing Tax Disputes Summit said that even with good documentation, taxpayers can still face long TP audits. Experts at...
Sep 29, 20222 min read
The safe harbour provided by Pillar One falls short of industry expectations
Sources say they are dissatisfied with the marketing and distribution safe harbor's pillar one safeguards, despite the fact that it was...
Sep 28, 20225 min read
EU legislators attempt to stop unanimity tax voting
As long as unanimity requirements remain in place, the European Council will not be able to approve a directive on pillar two, political...
Sep 27, 20225 min read
MNEs are under pressure as the BoE raises interest rates
Tax authorities have cautioned that the most recent hikes in UK interest rates might further harm MNEs, who are already having...
Sep 23, 20225 min read
Firms give high-risk countries priority for VAT registrations
Companies that provide digital services are becoming more picky about which nations they register for VAT in, basing their decisions on...
Sep 22, 20225 min read
IFA 2022: Leading nations in taxation are willing to embrace pillar two
During the IFA Congress, international tax leaders and departing OECD chief Pascal Saint-Amans pledged to work harder to implement pillar...
Sep 19, 20222 min read
Companies are advised to harmonize their transfer pricing and indirect tax practices
To prevent expensive mistakes, multinational corporations must have strong transfer pricing rules that complement indirect tax functions....
Sep 15, 20225 min read
For businesses to become more effective, tax automation must be used
The greatest approach for tax departments to increase productivity and lower compliance concerns, according to experts, is through...
Sep 15, 20225 min read
IFA 2022: Common digital reporting standards are sought by the EU
A standardized reporting system in the EU will save administrative expenses for firms and improve audits, according to panelists at the...
Sep 15, 20222 min read
Five EU finance ministers affirm their intent to implement pillar two.
If the European Council is unable to agree on pillar two, a group of EU nations will execute it unilaterally. In a joint statement...
Sep 12, 20222 min read
Act to reduce inflation has conflicting effects on taxation
More than only the Inflation Reduction Act's minimum tax is being examined by experts at the US Internal Revenue Service and Microsoft...
Sep 12, 20226 min read
IFA 2022: Carbon pricing is the next major project
According to OECD representatives Kurt van Dender and Pascal Saint-Amans, carbon pricing will be the next major undertaking on the agenda...
Sep 12, 20223 min read
Leaders warn that global fractures are only the tip of the iceberg.
Digital service taxes are merely the first wave of unilateral hazards, according to government officials and OECD leaders, if not enough...
Sep 9, 20223 min read
IFA 2022: Brazil's e-invoicing requires tax and IT collaboration
During an IFA panel, Deloitte partner Marcelo Natale stated that Brazilian tax directors must collaborate with IT teams to guarantee the...
Sep 9, 20222 min read
Experts advise businesses to view technology as an investment.
Before making significant financial investments in automation technologies, businesses must make sure they thoroughly evaluate the...
Sep 8, 20225 min read
Businesses must standardize worldwide tax compliance as a result of digitization
According to tax experts, corporations are being forced to establish standardized indirect tax compliance methods throughout their global...
Sep 8, 20225 min read
bottom of page