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EY Australia Faces Legal Battle Over Alleged Secret Commissions in Tax Scheme
EY Australia, a prominent accounting firm, is facing legal action from a former client who alleges that a former partner received secret...
Flexi Group
Mar 22, 20242 min read
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Shifting Paradigms: The Ethical Imperative of Corporate Taxation in a Global Economy
The imperative for companies to pay their fair share of taxes extends far beyond mere legal obligations; it embodies a fundamental...
Flexi Group
Mar 21, 20242 min read
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Israel Tax Authority Targets Israeli Assets in Cyprus Amidst Growing Concerns of Tax Evasion
The Israel Tax Authority (ITA) has launched a sweeping operation aimed at uncovering assets, income, and businesses owned by Israeli...
Flexi Group
Mar 21, 20242 min read
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Warning Issued by ForrestBrown: UK R&D Tax Relief Changes Pose Challenges for Accountants
ForrestBrown, a consultancy specializing in tax credits, has cautioned about the forthcoming alterations to the UK's research and...
Flexi Group
Mar 20, 20242 min read
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UAE Implements Corporate Tax: A New Era in Taxation
In a paradigm-shifting move, the United Arab Emirates (UAE) has transitioned from its long-standing status as a zero-tax jurisdiction to...
Flexi Group
Mar 15, 20242 min read
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Singtel Faces Legal Setback in Australian Transfer Pricing Case
Singapore-based telecommunications giant Singtel faced a significant legal setback in Australia's Federal Court, where it lost a transfer...
Flexi Group
Mar 15, 20242 min read
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Overhauling UK Tax Policy: Abolishing Non-Domicile Status and Implications for Wealthy Residents
The United Kingdom is poised for a significant overhaul in its tax policies aimed at wealthy foreigners, with Chancellor of the Exchequer...
Flexi Group
Mar 15, 20244 min read
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Top 5 Tax Havens for Wealthy Expats Amidst the Recent Changes to Tax Regimes
In the wake of recent changes to tax regimes in the United Kingdom and Portugal, expatriates are seeking new destinations to safeguard...
Flexi Group
Mar 12, 20243 min read
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UK Chancellor's VAT Threshold Increase Sparks Mixed Reactions Among Tax Experts
UK Chancellor Jeremy Hunt's decision to increase the VAT threshold from £85,000 to £90,000 has drawn mixed reactions from tax experts...
Flexi Group
Mar 7, 20242 min read
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Navigating Complexity: US Specialists Challenge OECD's Amount B Guidance
US transfer pricing (TP) specialists have articulated detailed concerns regarding the efficacy of the OECD's recent amount B guidance,...
Flexi Group
Mar 5, 20242 min read
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Navigating Transfer Pricing Scrutiny: Insights from Aibidia's Report
Aibidia, a technology provider specializing in transfer pricing (TP), has raised concerns about the ramifications of overlooking pillar...
Flexi Group
Mar 4, 20242 min read
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Unpacking Concerns: Tax Foundation Economist Analyzes Pillar Two's Viability in International Tax Reform
Alan Cole, an economist at the Tax Foundation, has offered a nuanced critique of pillar two, a critical component of the international...
Flexi Group
Feb 29, 20242 min read
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EU Council Updates Non-Cooperative Tax Jurisdiction Lists: Shifts Blacklist Countries to Grey, Acknowledges Reform Progress
On February 20, 2024, the European Union Council made significant updates to its list of non-cooperative jurisdictions for tax purposes,...
Flexi Group
Feb 23, 20242 min read
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Debate Ignited: Experts Divided Over IRS Memo on Transfer Pricing and Group Status
The recent memorandum issued by the US Internal Revenue Service (IRS) has ignited a robust debate among local tax experts regarding the...
Flexi Group
Feb 21, 20242 min read
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Unraveling the Complexity: Lessons from Ulf Johannemann's Tax Fraud Conviction
The recent criminal conviction of former Freshfields Bruckhaus Deringer partner Ulf Johannemann for aiding tax fraud has brought to light...
Flexi Group
Feb 20, 20242 min read
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Transforming Tax Services: PwC UK Unveils AI Tax Assistant Tool in Collaboration with Harvey and OpenAI
PricewaterhouseCoopers (PwC) UK has made significant strides in the realm of client service delivery with the introduction of its latest...
Flexi Group
Feb 16, 20242 min read
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EY Commits to Repaying Costs of Failed Project Everest Plan by July
EY, one of the prominent "big four" accounting firms, has announced its commitment to substantially reducing the costs associated with...
Flexi Group
Feb 15, 20242 min read
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ATO Accuses PwC of Withholding Tax Leaks Report Amid Senate Inquiry
Accusations were leveled against PwC Australia during a recent Australian Senate inquiry, where a senior official from the Australian...
Flexi Group
Feb 13, 20242 min read
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Navigating the Evolving UAE Tax Landscape
Navigating the Evolving UAE Tax Landscape In the global sphere of economic hubs, the United Arab Emirates (UAE) has long been recognized...
Flexi Group
Feb 9, 20243 min read
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Navigating Cryptocurrency Taxation: Strategies for Compliance and Risk Mitigation in the BEPS Era
Tax advisers are increasingly recognizing the significant implications of incorporating cryptocurrency into client relationships to...
Flexi Group
Feb 7, 20243 min read
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