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...
20 Jan 2022 2022 edition of the OECD Transfer Pricing Guidelines By Bahar Ozbaris The OECD has today released the 2022 edition of the OECD Transfer Pricing Guidelines for multinational enterprises and tax...
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...
11 Jan 2022 The latest twist for Pillar Two By Ceinwen Rees In an interesting twist to the Pillar Two roll-out, last week (6 January) the Business at OECD (BIAC) issued a very negative open letter...
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...
02 Dec 2021 Tax Day: points for private client practitioners By Paul Hardwick Tuesday was the UK’s second so-called “Tax Day” and, as promised earlier this month, the Government has published various papers,...
05 Nov 2021 A digital tax by any other name? By Bezhan Salehy As part of the agreement on the Pillar One international tax reforms 136 OECD Inclusive Framework countries have committed to withdraw...
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...
02 Jul 2021 The global minimum tax rate looks set to become reality By Gregory Price The OECD has just announced (on 1 July 2021) that it has reached a consensus amongst 130 jurisdictions for a plan to adopt a 15% global...
20 May 2021 EU tax reform: is “BEFIT” befitting of introduction now? By Rhiannon Kinghall Were The European Commission (EC) has recently set out its plans for business tax reform in the 21st Century. The BEFIT measure (which stands...
17 May 2021 The OECD sets its sights on inherited wealth By Michael Shaw There has been public debate over using wealth taxes as a way to fund the massive government spending during the Covid-19 pandemic. But...