Italian Supreme Court adopts look-through approach for cross-border interest payments
Paolo Ludovici and Andrea Mirabella of Gatti Pavesi Bianchi Ludovici comment on a judgment regarding the withholding tax exemption for outbound interest on financing received indirectly by foreign investment funds as beneficial owners
Baker McKenzie picks up former US Treasury deputy Scott Levine
Levine, who served under the Joe Biden administration, led the US’s negotiations on the OECD’s two-pillar solution
Legal Benchmarking Group acquired by Triple Private Equity
The deal to acquire ITR's parent company is expected to complete by the end of May 2025
Meat multinational JBS accused of dodging $442m in taxes
JBS, the biggest meat company in the world, allegedly used Luxembourgian ‘mailbox companies’ to avoid taxes between 2019 and 2022
Australian tax adviser imprisoned for operating while unregistered
Despite the conviction of Jessa Dabalos, the Tax Practitioners’ Board’s investigative work continues with five outstanding PwC scandal probes
Why in-house tax teams should do their own PR
Heads of tax need to push their teams forward as strategic business advisers to add value across their organisations, says Sandy Markwick
This week in tax: Elon Musk and Treasury secretary clash over IRS leadership
Scott Bessent reportedly felt undermined by Musk naming Gary Shapley as acting IRS commissioner; in other news, Baker Tilly will combine with a top 15 US firm
Italy: Landmark decision on the taxation of indirect lending
Francesco Di Bari of Alma LED explains how an Italian Supreme Court ruling marks a pivotal shift in the tax treatment of interest on indirect lending, restoring key exemptions for qualified foreign institutional investors
Asian clients unimpressed with firms’ team depth, exclusive data reveals
ITR’s research shows that in-house tax counsel in Asia also feel underserved by their advisers’ international networks
World Tax and ITR Awards: how to write a winning submission
World Tax global head of research Jon Moore tells ITR how his team spots standout submissions, and gives early statistical insights into this year’s entries