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Compliance management

Compliance management archive
  • Market Insight: Why Grant Thornton and BDO want audit reform

    September 19, 2018

    Grant Thornton and BDO have come out in favour of reforming the UK’s auditing market, but the wider industry is divided over the best solution.

  • Tax disputes put $75 billion of Fortune 500 profits in the firing line

    September 14, 2018

    $75.3 billion of Fortune 500 capital is under dispute with tax authorities, and almost two thirds of tax directors expect the lack of consensus on value creation to push this figure even higher.

  • The impact of the new US base erosion and anti-abuse tax on the global cross-border services sector

    September 13, 2018

    As the service sector of the global economy continues to grow rapidly, technological advances have enabled businesses to provide services from almost any location in the world to almost any other location in the world.

  • IFA seminar considers supplementary nexus as possible solution to digital taxation

    September 04, 2018

    Sophie Chatel, head of the OECD’s tax treaties unit, Liz Chien, vice-president of global tax for Ripple Labs, and Conrad Turley, of KPMG, set out their arguments for the right way to tax digital businesses.

  • Tax incentives in Georgia for IT corporations

    September 03, 2018

    Georgia’s tax legislation offers a number of high value incentives for IT corporations operating in the country and offering IT services to foreign customers, writes Gela Barshovi, chief auditor of transfer pricing at the Georgia Revenue Service.

  • IFA President Murray Clayson on what to expect in Seoul

    August 31, 2018

    IFA President Murray Clayson predicts a greater international appetite for a digital profits-based tax and an extended PE concept as he talks to International Tax Review about the 72nd Congress in Seoul.

  • Wayfair: Foreign-based companies at risk of US state taxes

    August 24, 2018

    Foreign companies need to examine the potential consequences of the US Wayfair case as states consider hunting for more tax dollars abroad, say tax advisers.

  • The importance of working together

    August 24, 2018

    International Tax Review’s Leading Women in Tax Forum in London shone a spotlight on how building inclusive teams, empowering others and using your network can create an environment where everyone can thrive. Anjana Haines shares some highlights from the day’s discussions.

  • How leaders communicate tax to the non-tax world

    August 24, 2018

    A key role of heads of tax in large organisations is to be the ‘ambassador’ for tax, raising its profile and providing advice around opportunities and risks, writes Sandy Markwick, head of the Tax Director Network at Winmark. Being effective in this capacity requires advanced communications skills.

  • TP: Employees trigger value creation within MNEs

    August 24, 2018

    Gautier Ciresa, transfer pricing manager at Technicolor, explains why employees are the true indicator of value creation within MNEs and how to determine their impact in a transfer pricing analysis.

  • The new tax function: Building a culture of no surprises

    August 24, 2018

    In-house tax functions are becoming more proactive in how they deal with tax and transfer pricing risks. Anjana Haines collects the view of tax directors on establishing a culture of no surprises.

  • Market insight: EY’s takeover of Riverview Law

    August 24, 2018

    EY has turned heads with its acquisition of legal technology firm Riverview Law, and says it will “aggressively” recruit to expand its legal managed services offering. Is this a ground-breaking development, or part of an established trend?

  • Luxembourg’s new VAT grouping regime has plenty of downsides

    August 20, 2018

    Luxembourg’s VAT grouping regime will help soften the blow of losing the independent group of persons (IGP) option for some financial companies, but one VAT manager at a financial services company says the new rules are useless.

  • The real-time risks of tax technology

    August 09, 2018

    Real-time compliance tools offer tax authorities a new means of detecting un-taxed income, but the risks of data exchange may leave both governments and companies vulnerable to cyberattacks.

  • The return of SST: An analysis of the new Malaysian sales tax mechanism

    July 26, 2018

    During a debate session in Parliament on July 18, Finance Minister Lim Guan Eng stated that on a full-year scale, sales and service tax (SST) collection will be RM 21 billion ($5.2 billion), which is almost half of that collected from GST in 2017.

  • US tax reform – special focus

    July 25, 2018

    The Tax Cuts and Jobs Act (TCJA) is the most eagerly-awaited tax bill in a generation, with implications for trillions of dollars worldwide. International Tax Review looks at the trends since tax reform came into force.

  • UK real estate prepares for capital gains tax impact

    July 20, 2018

    The London property market faces the end of tax exemptions from capital gains tax for non-residents and investors are considering launching UK-based structures to make savings in future.

  • Google: Multilateral framework necessary to tax the digital economy

    July 12, 2018

    Google’s Head of Trade and Economic Affairs Andrew Ure has stressed the importance of consensus on how to tax the digital economy, saying a multilateral agreement is the only real solution.

  • Statutory construction: A lost art?

    July 12, 2018

    Are new laws incapable of being subject to statutory construction to depict their meaning? Or are such laws so poorly drafted that companies must glean their intended meaning, outside the parameters of the legislated verbiage, from conference reports, statements of intent by tax authorities at international conferences and referencing documents?

  • Why McDonald’s has restructured its tax affairs

    July 12, 2018

    Facing fresh claims of tax avoidance, McDonald’s has defended its tax structure, telling International Tax Review why it moved its intellectual property (IP) from Luxembourg to the UK.

  • How Amazon and eBay will comply with Australia’s GST changes

    July 12, 2018

    International Tax Review analyses the different ways Amazon and eBay are adapting to be compliant with Australian GST laws once low-value goods are no longer exempt from July 1.

  • How reform in the US affects Microsoft’s tax structure

    July 12, 2018

    Microsoft has long managed its tax affairs through a network of structures spanning the world. Josh White analyses how US tax reform might hit these arrangements, and the jurisdictions they rely on, such as Ireland, Puerto Rico and Singapore.

  • Vestager, today and tomorrow: The EU’s main woman on her state aid fight and future

    July 12, 2018

    The European Union Commissioner for Competition Margrethe Vestager speaks to Josh White about the EU’s state aid investigations, the future of fair competition and how all multinational companies – not just American ones – need to watch out for her.

  • Chilean IRS continues developing cross-border merger position

    July 12, 2018

    In recent years, the number of enquiries received by the Chilean tax authority regarding the impact in Chile from international and cross-border reorganisations has grown exponentially, write Santiago López and Stephanie Chacra of PwC Chile. Indeed, in past international updates we have reported how the Chilean IRS has been formulating uniform criteria for this purpose.

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International Correspondents