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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The UK's digital services tax (DST) might be repealed in light of the predicted implementation of pillar one, according to a tax expert,...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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HMRC Focuses on Compliance for UK Companies with Non-Resident Directors
Lewin Higgins-Green of FTI Consulting highlights the importance for UK companies to ensure their compliance with Non-Resident Director...
Flexi Group
Jul 11, 20243 min read
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Italy Implements Global Minimum Taxation Under OECD’s Pillar Two Rules
Italy’s Ministry of Economy and Finance has issued a decree to implement global minimum taxation in accordance with the OECD’s pillar two...
Flexi Group
Jul 10, 20242 min read
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Portugal to Reintroduce Tax Breaks to Attract Foreign Talent
Portugal’s new government is set to reinstate tax breaks for foreigners, aiming to draw highly skilled workers to the country while...
Flexi Group
Jul 9, 20242 min read
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PepsiCo Australia's IP Royalties Appeal Brings Taxpayer Certainty, Experts Say
PepsiCo's victory in its legal dispute with the Australian Taxation Office (ATO) is seen as a significant win for taxpayer certainty,...
Flexi Group
Jul 9, 20243 min read
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Labour's Landslide UK Election Victory Spurs Calls for Tax Simplification
Following the Labour Party's overwhelming victory in the UK general election on July 4, tax experts are advocating for the reintroduction...
Flexi Group
Jul 8, 20243 min read
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Investigations into PwC Confidentiality Breach Ongoing, Two Expected to Conclude This Year
Australian tax authorities are diligently pursuing the trail of PwC Australia and its potential misuse of confidential information....
Flexi Group
Jul 1, 20242 min read
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IRS to Close Tax Loophole for Large Partnerships, Aiming to Raise $50 Billion Over 10 Years
The IRS is set to shut down a tax loophole utilized by large, complex partnerships, enabling the U.S. Department of Treasury to generate...
Flexi Group
Jun 28, 20242 min read
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Federal Court Rules in Favor of PepsiCo in Royalty Withholding Tax Case
The ruling for PwC’s client deals a significant blow to the Australian Taxation Office (ATO) and its capacity to tax multinationals on...
Flexi Group
Jun 27, 20242 min read
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UK Court of Appeal Adopts Realistic Approach to Withholding Tax Exemption in Recent Judgment
In a recent judgment, the UK Court of Appeal has demonstrated a realistic approach to withholding tax exemption issues, marking a...
Flexi Group
Jun 26, 20243 min read
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HMRC Fails to Fine a Single Offshore Tax Enabler in Five Years Despite Penalty Powers
HM Revenue and Customs (HMRC) has not fined a single 'enabler' of offshore tax evasion or non-compliance in the past five years, despite...
Flexi Group
Jun 21, 20242 min read
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OECD Identifies Countries That Could Benefit from Simplified Transfer Pricing Rules
The OECD has identified Argentina, Brazil, Mexico, and South Africa as among the countries that could benefit from the simplified...
Flexi Group
Jun 19, 20242 min read
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Nigeria Drops Tax Evasion Charges Against Binance Executives
In a significant development on Friday, Nigeria dropped tax evasion charges against two Binance executives following the appointment of a...
Flexi Group
Jun 18, 20241 min read
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