This week in tax: PwC Australia ‘failed to take ATO seriously’

PwC publishes detailed accounts of its behaviour in the tax scandal in Australia, while another tax trial looms for pop star Shakira.

Egypt issues further guidance on the application of TP rules

Senior figures from Saleh, Barsoum & Abdel Aziz – Grant Thornton Egypt comment on the explanatory guide issued by the Egyptian Tax Authority regarding the application of TP rules in the country.

ITR EMEA Tax Awards 2023: winners announced

The winners of the ITR Europe, Middle East, and Africa Tax Awards 2023 have been announced!

ITR APAC Tax Awards 2023: winners announced

The winners of the ITR Asia-Pacific Tax Awards 2023 have been announced!

EU Commission expert gives optimistic outlook for TP Directive

Mauro Faggion appeared cautiously optimistic as the European Commission waits to see whether all 27 member states will accept its proposal.

‘Only tax advisers’ will benefit from pillar two

The global minimum rate also won’t entirely stop a race to the bottom, according to a tax director speaking at an ITR conference in London.

Tax authority responses to losses and adjustments from the COVID-19 pandemic

Vrajesh Dutia of Deloitte India and Jennifer Breeze of Deloitte UK assess the complex arm’s-length decisions that global businesses had to make during the COVID-19 pandemic, and the various responses from international tax authorities.

Business restructurings and TP controversy

Froukje Frerichs, Stefano Lavore, and Nicola Lostumbo of Deloitte provide a guide to the most common tax authority challenges in the business restructuring context and present a three-pronged approach to mitigating this risk.

Controversies in financial transactions: a closer look at cash pooling arrangements and upstream guarantees

Ariel Krinshpun and James Mahon, III of Deloitte US and George Galumov of Deloitte Switzerland analyse two areas of intercompany financing arrangements as transactions come under increasing scrutiny from tax authorities.

Deloitte’s TP controversy guide: Dynamism and disruption

ITR has collaborated with Deloitte TP experts from around the globe to examine the latest controversies in this ever-changing aspect of the tax landscape.