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G20 negotiations boost Asia's tax transparency
A week of discussions between finance ministers in Bali resulted in a tax transparency deal on Sunday, July 17, despite the fact that the...
Flexi Group
Jul 19, 20224 min read
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Investigations force politicians to approve minimum tax
As Senate-led probes signal dwindling tolerance for business practises, tax administrators are ready for examination of the gains...
Flexi Group
Jul 19, 20226 min read
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Treasury pushes minimal tax amid Senate opposition
However, it is improbable that the Biden administration would implement its minimum tax proposal before the 2023 OECD deadline. The...
Flexi Group
Jul 19, 20223 min read
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China's collaborative TP management enhances tax certainty in Shenzhen.
As a result of their joint circular, the Shenzhen customs district and State Taxation Administration's TP project might grow throughout...
Flexi Group
Jul 18, 20223 min read
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Tax war between the U.S. and Hungary
The United States stated last week that it will cancel its tax pact with Hungary. What precipitated this economic war? The U.S. Treasury...
Flexi Group
Jul 15, 20223 min read
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Disclosure rules threaten Indian-listed businesses' TP
Changes to disclosure requirements for publicly traded corporations in India have raised the compliance burden for tax directors...
Flexi Group
Jul 15, 20224 min read
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CJEU allows overpayment VAT refunds
According to experts, following a judgement by an EU court, companies may be in a position to fight the Polish tax authorities to recover...
Flexi Group
Jul 14, 20224 min read
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Canadian taxpayers must check sales taxes for inaccuracies
According to tax specialists, e-commerce businesses must assess their Canadian sales tax duties to avoid compliance risks and fines. As...
Flexi Group
Jul 14, 20224 min read
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Germany is about to discontinue WHT for IP.
The German government is planning to extend the exemption from withholding tax on income from intellectual property, but this could mean...
Flexi Group
Jul 13, 202210 min read
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The infamous "Airbnb tax" in Italy is supported by a CJEU adviser
On Thursday, July 7, an advocate general at the Court of Justice of the EU stated his opinion that Airbnb ought to be required to pay a...
Flexi Group
Jul 12, 20225 min read
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The European Commission is looking for solutions to how to control tax advice
The European Commission begins its long-awaited consultation on regulating tax advice at the same time that the sector is under more...
Flexi Group
Jul 11, 20222 min read
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Tax News: UK reviews tax hike, Hungary to block pillar 2, Shareholders slam MNEs
In the midst of a political crisis, the UK government may review its proposal to raise corporation tax this week, and Hungary is in...
Flexi Group
Jul 11, 20225 min read
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MNEs are targeted by shareholders with GRI transparency proposals.
The largest investors in Amazon, Cisco, and Microsoft are pushing for the GRI tax transparency standard, but this could signal the...
Flexi Group
Jul 10, 20225 min read
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Outsourcing requires tax risk management
When outsourcing tax operations, tax directors have recommended businesses to ensure they have effective tax risk management measures. In...
Flexi Group
Jul 7, 20225 min read
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South Africa fines MNEs for electronic services VAT
When delivering electronic services in South Africa, multinational corporations face the danger of incurring substantial fines if they...
Flexi Group
Jul 7, 20225 min read
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EU tax advice regulations may limit the disclosures required by DAC6
If and when legislation to regulate tax advice in the EU is ever passed, sources at Netflix, the European Commission, and other...
Flexi Group
Jul 5, 20226 min read
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Japan is expected to benefit from a tax windfall
Despite demands from the International Monetary Fund to reduce spending and raise taxes in response to the COVID-19 pandemic in January...
Flexi Group
Jul 5, 20222 min read
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Brazilian tax authorities unveiled a revolutionary TP plan.
A new TP regime will implement the full ALP model, which is expected to increase investments and tax certainty for the nation. To...
Flexi Group
Jul 3, 20223 min read
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McDonald's legal agreement supports TP reviews
The need for businesses to review their TP arrangements and documentation is strengthened by the tax settlement reached by the fast-food...
Flexi Group
Jul 1, 20225 min read
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According to experts, the UK's online sales tax would hinder businesses
Tax experts have urged the UK government not to impose an online sales tax because it would hurt businesses more, particularly at a time...
Flexi Group
Jun 30, 20224 min read
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