-

India Wants Global-Scale Accounting Firms. The Regulatory Framework May Be About to Change
India has thousands of chartered accountancy firms, a large professional talent pool and one of the world’s biggest corporate markets. What it…
-
Australia Finalises Software Royalty Ruling and Introduces New ATO Risk Framework
The Australian Taxation Office has finalised its position on the treatment of cross-border software payments, issuing Taxation…

-
KPMG Australia Reportedly Plans 500 Job Cuts as Tax Division Is Spared
KPMG Australia is reportedly preparing for a significant restructuring that could affect around 500 roles, as the…

-

European Union: European Commission Targets China’s Electric Vehicle Sector
Investigation Reveals Unfair Subsidies in China. Provisional Duties to be introduced on July 4, 2024
-

Australia: Public Country-by-Country Reporting Legislation Introduced to the Parliament
If approved, public CbC reporting will be effective for reporting periods starting on or after 1 July…
-

US Efforts to Preserve Global Corporate Tax Deal Face Challenges
Pillar 1 encounters roadblocks
-

Inclusive Framework on BEPS Targets Multilateral Convention Signature by End of June
Advancing towards a final agreement on Pillar One, the anticipated signing of the Multilateral Convention by the…
-

OECD Releases Report on Designing a National Strategy Against Tax Crime
Supporting the Implementation of Principle 2 of the OECD Recommendation on Tax Crime
-

European Union – New Zealand Free Trade Agreement Came into Effect on May 1, 2024
Most goods will have tariffs removed upon the FTA’s commencement
-

OECD Publishes Taxing Wages 2024 Report
Annual publication provides details of taxes paid on wages in OECD countries.
-

OECD publishes 334 pages Consolidated Commentary to the Global Anti-Base Erosion Model Rules (2023)
Tax Challenges Arising from the Digitalisation of the Economy.
-

EY releases the 2024 edition to its famous Free Indirect Tax Guide!
Annual update. Worldwide VAT, GST and Sales Tax Guide 2024
-

OECD/G20 Inclusive Framework on BEPS released the report on Amount B of Pillar One
A simplified approach to applying the arm’s length principle to baseline marketing and distribution activities.
-

Australia Big 4: Tough times at PWC Australia Following Tax Scandal
Job Cuts, Penalties
-

G20 Considers Global Minimum Tax on Billionaires
Brazil and France at the forefront in bringing forward the idea of 2% tax
-

Philippines´ Issue Guidelines in the filing of Annual Income Tax Return (AITR) for Calendar Year (CY) 2023
Details on Return filing and payments
-

Singapore and New Zealand Prime Ministers Announce eInvoicing Memorandum of Agreement
Further steps in promoting eInvoicing adoption in the Asia-Pacific (APAC) region.
-

Enhancing Tax Transparency: Australia’s New Requirements for Disclosure of Subsidiaries in Financial Reports
Aiming at greater transparency and accountability in corporate tax matters
-

India’s Advance Pricing Agreement (APA) Programme: The Comprehensive Procedural Framework
A structured and proactive approach to transfer pricing certainty
-

Singapore E-invoicing: Phased adoption starting November 2025, Peppol standard
Implementation of InvoiceNow for GST-Registered Businesses and Free InvoiceNow Services for Newly Incorporated Businesses
-

Implementation of e-Invoice in Malaysia: Frequently Asked Questions (FAQs)
Failure to issue e-Invoice may result in penalties or imprisonment for each non-compliance
-

Indian Tribunal’s Decision on Physical Presence Requirement for Service PE
Physical presence of employees in India is indeed a prerequisite for determining the existence of a Service…
-

Indian Court’s Ruling on Profit Attribution for Singapore Company’s Indian Operations
No further profit attribution if an associated enterprise is remunerated at arm´s length
-

Impact of India’s Goods and Services Tax (GST) on Intragroup Guarantees
The imposition of GST on intragroup guarantees represents a significant regulatory shift
-

Australia: Changes to Thin Capitalization Rules Finally Pass Both Houses of Parliament
Making Multinationals Pay Their Fair Share—Integrity and Transparency Bill 2023 passed in Senate and House of Representatives












