Reporting Rules For Platform Operators – Latest Developments And Update On Implementation In The EU (DAC7) and UK/OECD [On demand]
Tue 31 Jan 23 | The seventh version of the EU Directive on administrative cooperation (DAC7) introduces new reporting rules for platform operators aimed at providing information on the income earned by sellers on the digital platform. The requirement applies to rental of immoveable property, provision of personal services, sale of goods and rental of any mode of transport. The EU directive is similar to model rules developed by the OECD, and the UK and other countries are separately consulting on these. The EU rules came into effect on 1 January 2023 and the first reporting of information will be in 2024. What does this mean for your organisation?
Pillar Two And OECD Global Minimum Tax – Update On Latest Developments [On demand]
Thur 26 Jan 23 | The G20/OECD Inclusive Framework continue to work on the global minimum tax rules, including in respect of an implementation framework and safe harbours. Pillar Two’s income inclusion rule is scheduled to take effect in the first countries from 1 January 2024. What key areas will your organisation need to consider when preparing to comply with the rules?
OECD Pillar One: Amount B Transfer Pricing Distribution Return [On Demand]
(Aired 20 Jan 2023) The G20/OECD Inclusive Framework have released a draft consultation document setting out a potential new simplified approach for transfer pricing the returns for routine, low risk distributors under the arm's length principle. The new approach is expected to apply from 2024 and all groups (regardless of size) with wholesale distributors of goods will have to consider the rules. How does this impact your organisation’s transfer pricing strategy?
End-To-End M&A: Pillar Two [On Demand]
(Aired 21 Nov 2022) Next in our series of M&A related webcasts, we will discuss the proposed Pillar Two legislation and talk about some of the key areas of the rules that will impact on the M&A lifecycle. How may the transaction process itself need to adapt to take into account the new rules?
Aligning Tax With Business Changes [On Demand]
(Aired 3 Nov 2022) We are all seeing constant changes to business models and supply chains and fully understanding these impacts from a tax perspective is crucial. It requires the consideration of international tax, transfer pricing, intangibles, indirect tax, customs etc. What are the main themes appearing across business? Being on the front foot in these areas is key - as reacting when it has already happened is far from ideal. What does your organisation need to think about?
Pillar Two And OECD Global Minimum Tax – Where Are
We Now? [On demand]
(Aired 3 Oct 2022) As part of the political agreement on Pillar Two by the countries of the G20/OECD Inclusive Framework, several governments have started the process of implementing model rules in domestic law, with Pillar Two’s income inclusion rule scheduled to take effect in the first countries from 1 January 2024. What should your organisation be looking at?
An Age of Tax Controversy: Global Themes In Experiencing Tax Disputes [On demand]
(Aired 22 Sep 2022) Multinational organisations have been experiencing unprecedentedly high levels of tax disputes both in jurisdiction and on a cross-border basis. Resolving these appropriately takes time, and involves financial and reputational factors. As a result, senior leadership within multinational organisations are more interested in reaching a reasonable resolution but it is not easy for tax and finance functions who manage disputes to compare their experience with peers. Deloitte has therefore conducted a global controversy survey with over 300 organisations to gather new data on how and why organisations experience controversy today and potential responses. What could your organisation be looking at?
EU Directive On The Misuse Of Shell Entities For Tax Purposes – The ‘Unshell Initiative’ [On Demand]
(Aired 7 Sep 2022) On 22 December 2021 the European Commission released a draft for a new directive, laying down rules to prevent the misuse of so-called ‘shell’ entities for tax purposes in the EU, referred to as the ‘Unshell initiative’. The directive aims to target arrangements that lack substance. What should your organisation be looking at?
End-To-End M&A: Where Tax And Legal Intersect On Acquisitions [On demand]
(Aired 6 Sep 2022) Further in our series of M&A related webcasts, we will look at the end-to-end M&A lifecycle and the shift in focus from risk-identification for the purposes of the share purchase agreement to a more holistic focus on post-merger integration and longer-term transformation. What are the key legal elements of the SPA (sale and purchase agreement) and where do they overlap with tax? Practical mistakes after closing are common, which can damage the transaction value or increase the odds of it not delivering the proposed synergies, there can also be post-completion disputes and claims (including W&I policy claims). What should your organisation be thinking about?