US Tax Policy Outlook
Thu 9 Dec 2021 | President Biden and a Democratic-controlled US Congress continue to work to advance a major tax and spending package that could bring significant changes to the tax rules affecting multinational corporate groups. What could the changes mean for your organisation?
EU Reporting Rules For Platform Operators (DAC7) And UK
Consultation On Implementation Of The OECD Reporting Rules [On demand]
(Aired 4 Oct 2021) The seventh version of the EU Directive on administrative cooperation (DAC7) introduces new reporting rules for platform operators aimed at providing member states with information on the income earned by sellers on the digital platform. The reporting requirement will apply to the rental of immoveable property, the provision of personal services, the sale of goods and the rental of any mode of transport. The EU directive is based on model rules developed by the OECD, and the UK is separately consulting on the implementation of the expanded OECD rules. As a result both the EU and UK could have reporting rules applicable from 1 January 2023. What preparations should your organisation have in place?
Update On The Implementation Of Anti-Hybrid Rules In Response To ATAD II [On demand]
(Aired 30 Sep 2021) The EU Anti-Tax Avoidance Directives (ATAD I and II) required member states to introduce a number of domestic anti-abuse provisions including anti-hybrid rules broadly in line with the OECD recommendations. Spain and Germany have now introduced these rules with the German rules applying retrospectively from the 1 January 2020. What could the implementation of these measures mean for transactions and arrangements undertaken by your organisation?
Digital Services Tax – Update On The Latest Developments In Europe, Africa, And Canada [On demand]
(Aired 15 Sep 2021) A number of countries including Italy, Spain, the UK and Kenya have introduced unilateral measures to tax certain digital revenues, and Canada have proposed such a tax. What does your organisation need to be aware of regarding the new rules?