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Tax Professional Bodies Launch Ad Campaign Against New Ethical Rules Ahead of Key Summit
Six out of 10 Australian tax professional bodies have launched a pre-emptive advertising campaign against controversial new ethical rules...
Flexi Group
Sep 5, 20242 min read
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Italian Supreme Court Ruling Sets Precedent in Transfer Pricing Disputes
In a landmark decision, the Italian Supreme Court of Cassation has overturned a long-standing position of the Italian tax authorities,...
Flexi Group
Sep 2, 20243 min read
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U.S. Treasury, DOE, and IRS Receive 800+ Proposals for Nearly $40 Billion in Industrial Tax Credits
On August 29, the U.S. Department of Treasury, the Department of Energy (DOE), and the Internal Revenue Service (IRS) announced that they...
Flexi Group
Sep 2, 20242 min read
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PwC Australia Faces Further Scrutiny Over Tax Leaks Scandal in Parliamentary Inquiry
PwC Australia has responded to over a dozen questions posed by a parliamentary committee concerning its involvement in a tax leaks...
Flexi Group
Aug 29, 20243 min read
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Tax Policy and the 2024 US Election: A Crucial Battle Over Pillar Two
As the 2024 US presidential election approaches, tax experts are weighing in on what a second Donald Trump presidency could mean for US...
Flexi Group
Aug 27, 20244 min read
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Major Transfer Pricing Battles in 2024: Airbnb, PepsiCo, and More Face Global Scrutiny
The year 2024 has seen a series of landmark transfer pricing (TP) disputes, with global companies locking horns with tax authorities...
Flexi Group
Aug 19, 20244 min read
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PwC Australia’s Government Revenue Plummets Amid Tax Leaks Scandal and Consulting Arm Sale
PwC Australia has seen a dramatic reduction in revenue from government contracts, plummeting from A$260.6 million (US$9.5 million) to...
Flexi Group
Aug 13, 20242 min read
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ATO Seeks High Court Appeal Following Federal Court Ruling in Favor of PepsiCo
The Australian Taxation Office (ATO) has applied for special leave to appeal to the High Court of Australia, challenging the recent...
Flexi Group
Aug 12, 20242 min read
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Transforming Tax Functions: The Cloud Revolution and Rise of AI in Tax Compliance
Cloud solutions are revolutionizing tax functions for the better, writes Russell Gammon, chief solutions officer at Tax Systems. Just...
Flexi Group
Aug 6, 20243 min read
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Tax Experts Warn Project 2025 Could Isolate US in International Tax Policy
Tax experts caution that Project 2025, a controversial policy framework proposing radical tax reforms, could isolate the US from...
Flexi Group
Aug 2, 20244 min read
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Australian Minister Revises Controversial Tax Ethics Rule Deadline
Australian Assistant Treasurer Stephen Jones has retreated from the original deadline for the implementation of new ethical rules...
Flexi Group
Aug 1, 20242 min read
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Proposed Changes to Tax Agent Registration in Australia Demand Proof of Good Governance
Individuals, partnerships, and companies aiming to register as tax agents in Australia must now demonstrate good governance according to...
Flexi Group
Jul 31, 20242 min read
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UK’s Digital Services Tax Faces Scrutiny Amidst Calls for Repeal Following Pillar One Developments
The UK's digital services tax (DST) might be repealed in light of the predicted implementation of pillar one, according to a tax expert,...
Flexi Group
Jul 30, 20243 min read
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Luxembourg Transfer Pricing Association Inaugurated to Address TP Challenges
The Luxembourg Transfer Pricing Association (LTPA) announced its incorporation on July 11, marking a pivotal moment for the transfer...
Flexi Group
Jul 25, 20242 min read
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Alex Gerko Loses Legal Appeal Against HMRC Over Deferred Payment Plan Taxation
Alex Gerko, billionaire founder of British trading firm XTX Markets, has lost a legal appeal against HM Revenue and Customs (HMRC)...
Flexi Group
Jul 24, 20242 min read
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Australian Tax Advisers Challenge New Ethical Obligations Imposed by Assistant Treasurer
New requirements for advisers to inform clients of any relevant matters that might impact their relationship have sparked concerns among...
Flexi Group
Jul 22, 20243 min read
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Canada’s 3% Digital Services Tax Faces Backlash Amid US Trade Tensions
Canada’s decision to impose a 3% digital services tax (DST) on large foreign technology companies has sparked criticism from local...
Flexi Group
Jul 19, 20244 min read
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Labour Party Pledges to Close the UK’s Tax Gap: Implications for Business
The Labour Party has made bold promises to address the UK’s ‘tax gap’, a subject that has garnered increasing public attention. Following...
Flexi Group
Jul 16, 20243 min read
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PwC Australia Refreshes Governance Board Amid Tax Leaks Fallout
PwC Australia has commenced the new financial year with a revamped governance board and several new appointments as it deals with the...
Flexi Group
Jul 16, 20242 min read
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UK Tax Agency Loses Tribunal Case Against Software Company Over R&D Tax Relief
The UK tax agency, HM Revenue and Customs (HMRC), has lost a case at the First-Tier Tribunal against the software company Get Onbord Ltd...
Flexi Group
Jul 15, 20242 min read
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