New Zealand will bring digital services tax if global agreement fails
August 30, 2023New Zealand will implement a digital services tax in 2025 if international agreement on the issue fails to pass through, Finance Minister Grant Robertson has said.
Indonesia calls global minimum tax a ‘trick’ by developed nations
August 24, 2023Indonesia’s Minister of Investment has dismissed the global minimum tax proposal as a self-serving ‘trick’ being pulled by developed nations.
UK tax advisers hail transfer pricing, diverted profits tax reform
August 22, 2023The Chartered Institute of Taxation (CIOT) has welcomed proposed reforms to the UK legislation on transfer pricing, permanent establishments, and diverted profits tax.
Legal challenge to EU directive on global minimum tax dismissed
August 14, 2023The General Court of the European Union has dismissed a legal challenge to EU Directive 2022/2523 of 14 December 2022, on ensuring a global minimum taxation for multinational enterprise (MNE) groups.
Australia asks MNEs for views on global minimum tax rules
August 11, 2023Australia is inviting multinational enterprises (MNEs) to share their views on the implementation of the global minimum tax rules.
Bermuda to levy corporate tax on MNEs from 2025
August 8, 2023Bermuda is consulting stakeholders on a new corporate tax regime from 2025 in view of the OECD’s proposed global minimum tax rules.
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Alvarez & Marsal Tax bolsters UK transfer pricing practice
August 1, 2023Global professional services firm Alvarez & Marsal (A&M) has appointed Imran Khan to bolster the firm’s UK transfer pricing practice.
Jenny Austin named chair of ABA’s Transfer Pricing Committee
July 14, 2023Jenny Austin has been named chair of the American Bar Association’s (ABA’s) Transfer Pricing Committee.