21 Jul 2022 L-Day: UK Pillar Two implementation marches on By Bezhan Salehy Tax enthusiasts will have plenty to read on the beach this summer following yesterday’s publication of the UK Government’s summary of...
30 May 2022 BEPS 2.0 – losing momentum? By Elizabeth Keeling The Financial Times report that the OECD’s two-pillar agreement to re-allocate some taxing rights to market economies (Pillar One) and...
12 May 2022 EU puts a lid on interest deductibility with offer of new equity tax allowance By Rhiannon Kinghall Were The European Commission (EC) has proposed a new tax incentive to encourage funding new investment by increasing capital. The objective of...
09 May 2022 Pillar One: assessing the asset management carve-out By Bezhan Salehy On 6 May the OECD published its proposals for the exclusion of regulated financial services activities from Pillar One of the BEPS 2.0...
13 Apr 2022 Jersey reflects on BEPS 2.0 By Bezhan Salehy Yesterday the Government of Jersey published a “reflective paper” that sets out its current approach to the OECD BEPS 2.0 reforms, and...
16 Mar 2022 Pillar Two: the latest developments from the OECD and EU By Bezhan Salehy The OECD continued the process of Pillar Two implementation with two announcements on Monday 14 March.The first was the publication of...
11 Jan 2022 Minimum tax: maximum pace set by UK By Bezhan Salehy The UK Government has today launched a consultation on domestic implementation of the OECD’s Pillar Two minimum tax proposals. Coming...
05 Jan 2022 The New Year to-do list for global tax reform By Gregory Price Last year ended with the publication of model rules for the OECD's project to achieve a global minimum corporate tax rate of at least...
20 Dec 2021 OECD published model Pillar Two GloBE rules By Bezhan Salehy The OECD has today published model provisions for the Pillar Two GloBE rules, which seek to ensure multinationals pay a minimum effective...
14 Dec 2021 A last minute tax Christmas present? By Bezhan Salehy With Christmas fast approaching, will the OECD be giving the tax community a last minute present in the form of the Pillar Two model...
26 Oct 2021 Global tax deal update: a decision on the demise of the digital services tax By Rhiannon Kinghall Were Lucy Urwin The US has reached a compromise with five European countries – including the UK – on what will happen to the latter’s digital services...
11 Oct 2021 OECD triumph as momentum gathers for a global minimum tax By Rhiannon Kinghall Were The global minimum tax proposed by the OECD is nearing implementation following the latest round of negotiations. The OECD has managed to...
07 Jul 2021 BEPS 2.0 - the latest developments for private equity By Rhiannon Kinghall Were Over the weekend, the OECD/G20 Inclusive Framework issued a further agreement (by 131 countries) on the key components of the two-pillar...
10 Jun 2021 G7 tax plan and its implications for investment managers By Rhiannon Kinghall Were As the dust settles on the recent G7 announcement the analysis turns to the winners and losers from the deal. The FT highlights that the...
08 Apr 2021 Why a global minimum tax rate now seems possible By Gregory Price In recent years, OECD member countries have been debating an ambitious plan to impose a global minimum tax rate on corporate profits for...
21 Dec 2020 An end in sight or Sisyphean slog? The race to reform the international tax landscape By Lucy Urwin Even amidst the disruption and uncertainty that has characterised 2020, international efforts to reform the global tax system through the...