November 2022 Issue
Q&A: Evolving M&A strategies: tax considerations
In this environment, businesses need to be very thoughtful and purposeful about the tax plan around a deal. FW discusses tax considerations amid evolving M&A strategies with Gemma France, Martijn Koedijk, Bob Call and Melissa Magee Page at Deloitte.
The world’s tax system under construction
Henkel The regulatory framework for tax and transfer pricing is tightening in almost every country. Consequently, financial, time and reputational pressures will be levers to help drain additional taxable income from multinational taxpayers going forward.
Simplifying the OECD’s Pillar 2: a global tax reform
FAME Advisory DMCC While Pillar 1 ensures fairer distribution of profits by reallocating taxing rights to market jurisdictions with respect to the largest MNEs (those with revenues of more than €20bn and operating margins above 10 percent), Pillar 2 ensures that MNEs which have a consolidated turnover of over €750m pay a minimum tax in each jurisdiction in which they operate.
Possible end of the debt-equity bias in the EU: brief overview of the DEBRA proposal
Ashurst This a new attempt by the EC to eliminate the debt-equity bias and to further harmonise corporate tax bases step by step.
ESG tax in the oil industry: a Brazilian perspective
Tax compliance is an obligation. However, companies have an opportunity to go beyond mere obligation and act as responsible corporate citizens that contribute to society with a long-term view.
Handling tax disputes in Hong Kong – ‘pay first, argue later’
Gibson Dunn Though challenging a tax assessment is often an uphill battle for a taxpayer, incurring significant cost and time, it also opens up dialogue between the taxpayer and the IRD.
Onch Tax Services CTC LLC Mongolia has elaborate tax legislations and regulations that are comparable to sophisticated tax systems.
Q&A: Automating the tax function
Automation is all about removing the tedious, low-value tasks to allow skilled tax professionals to spend more time doing what they were trained for. FW discusses tax function automation with Bruce Martin, Richard Sampson, Garry Young, Russell Gammon and Andy Myers at Tax Systems.
CONTRIBUTORS
Ashurst
Deloitte
FAME Advisory DMCC
Gibson Dunn
Henkel
Onch Tax Services CTC LLC
Tax Systems