Tax Management International

Latest Tax Journals

Mortar in the Cracks: New Amount B Guidance

Recent guidance from the OECD/G20 Inclusive Framework fills gaps in the Amount B architecture and provides valuable insight into which jurisdictions may implement Amount B, say KPMG practitioners.

AI in Taxation — The Hype and The Realities

Artificial Intelligence in taxation is a double-edged sword which cannot eliminate human involvement, say Lakshmikumaran & Sridharan practitioners.

Schumer Says Bipartisan House Tax Bill Is Not Dead

Senate Majority Leader Chuck Schumer says that a $78 billion bipartisan tax bill is “not dead” and that he and Senate Finance Committee Chairman Ron Wyden are working to move the deal through the Senate.

Trump Tells CEOs He Would Cut Corporate Tax Rate to 20%

Donald Trump promised to lower the corporate tax rate to 20%, further reducing the income levy on the largest US companies that he already slashed while president, according to people familiar with the remarks.

Mexican GAAR: Recent Ruling Leads to More Questions Than Answers

Companies should prepare robust defense files and documentation to show business purpose in their transactions in light of a recent Mexican court ruling on GAAR, say KPMG practitioners.

Global Tax Policy in Transition: The Rising Importance of CbCR

Country-by-Country Reporting has transitioned from a routine transparency tool to a critical component of global tax strategy due to the OECD’s BEPS 2.0 framework, say practitioners from Grant Thornton Advisors LLC.

Assessing the Impact of Amount B

KPMG practitioners discuss the challenges businesses may face when implementing the OECD’s Amount B initiative.

Trusts Have New Reporting Requirements in Israel

Trustees of Israeli trusts have new reporting requirements due to recent changes to the country’s tax laws, say YETAX practitioners.

Amount B: (Not So) Simplified and Streamlined Approach

Despite the OECD’s unveiling of the simplified and streamlined approach aiming to simplify the application of the arm’s length principle for routine distribution activities, the approach has stirred debate over its practicality and efficacy, suggesting that this ‘simplification’ may not have been achieved, says Abhishek Padwalkar of WU Transfer Pricing Center.

Overview of Canada’s Green Economy Tax Incentives

The Canadian federal government has announced numerous investment tax credits to attract and encourage capital investment in its clean energy sector, say Osler, Hoskin & Harcourt practitioners.

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