Âé¶¹´«Ã½360 Tax Authority: Tax Authority International /tax-authority/international?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Tax Authority International Copyright 2025 Âé¶¹´«Ã½. en-US Fri, 06 Jun 2025 18:54:15 +0000 EU Monitoring Import Surges Amid Global Trade Tensions /tax-authority/international/articles/2349845?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2349845 The European Union is surveilling imports to detect shipments being diverted to its borders because of shocks in the global trading system and is inviting companies to assist with the effort, the bloc's executive branch said. Fri, 06 Jun 2025 17:34:16 +0000 Facebook Ruling Casts Uncertainty On Cost-Share Disputes /tax-authority/international/articles/2350341?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2350341 The U.S. Tax Court recently rejected Facebook's challenge to regulations that determine the buy-in payment for affiliated companies to share the costs of developing intangibles, raising questions about objections to similar rules by pharmaceutical multinationals. Fri, 06 Jun 2025 17:05:51 +0000 Arizona Mining Co. Challenges $417M Ruling In Peru Dispute /tax-authority/international/articles/2349915?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2349915 Peru breached its U.S. trade agreement by imposing $417 million in penalties and interest on the unpaid royalties of an Arizona-based mining company's local operator, the company said while asking international arbiters to partially annul an award that it claimed mistakenly ignored the issue. Fri, 06 Jun 2025 16:04:00 +0000 How Attorneys Can Become Change Agents For Racial Equity /tax-authority/international/articles/2342370?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2342370 As the administration targets diversity, equity and inclusion efforts and law firms consider pulling back from their programs, lawyers who care about racial equity and justice can employ four strategies to create microspaces of justice, which can then be parlayed into drivers of transformational change, says Susan Sturm at Columbia Âé¶¹´«Ã½ School. Fri, 06 Jun 2025 14:43:49 +0000 Labour Gov't Eases Carried Interest Rules On Fund Managers /tax-authority/international/articles/2350218?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2350218 The Labour government has unveiled a series of concessions on changes to the tax rules for carried interest, the investment income passed onto fund managers, following a consultation on the plans. Fri, 06 Jun 2025 14:21:42 +0000 Taxation With Representation: Winston, Stibbe, Weil, Goodwin /tax-authority/international/articles/2350469?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2350469 In this week's Taxation With Representation, Chart Industries Inc. and Flowserve Corp. merge, Aedifica NV and Cofinimmo NV unite, Sanofi buys Blueprint Medicines Corp., and Kimberly-Clark Corp. sells a majority stake in its international tissue business to Suzano. Fri, 06 Jun 2025 12:21:16 +0000 Darts Champ Banned As Director Over Unpaid £450K Tax Bill /tax-authority/international/articles/2349647?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2349647 A former darts world champion has been banned from running companies for five years after his business failed to pay more than £450,000 ($610,000) in tax, the Insolvency Service has revealed. Fri, 06 Jun 2025 11:59:08 +0000 Switzerland Plans Tax Data Reporting For Crypto /tax-authority/international/articles/2350217?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2350217 The Swiss government said Friday that it has approved a plan to extend the automatic exchange of information for tax matters to apply to crypto-assets. Thu, 05 Jun 2025 17:57:35 +0000 Swedish Tax Cuts Could Imperil Emission Targets, OECD Says /tax-authority/international/articles/2349798?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2349798 Energy tax cuts included in Sweden's 2025 budget run counter to greenhouse gas reduction goals and may result in Sweden failing to meet its legally binding targets, the Organization for Economic Cooperation and Development said Thursday. Thu, 05 Jun 2025 17:51:38 +0000 OECD Suggests South Africa Expand Tax Base To Cut Debt /tax-authority/international/articles/2349791?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2349791 South Africa overly limits its tax base through expenditures like deductions and exemptions, the Organization for Economic Cooperation and Development said Thursday, recommending the country broaden its base in order to reduce its debt. Thu, 05 Jun 2025 17:31:38 +0000 Trump Expects China Trade Talks To Resume After Xi Phone Call /tax-authority/international/articles/2349905?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2349905 President Donald Trump said he and Chinese President Xi Jinping spoke over the phone Thursday about an impasse in ongoing trade talks over U.S. claims China was slow-walking the exports of rare earths, with Trump saying he expects meetings between the countries' negotiating teams to resume. Thu, 05 Jun 2025 17:13:19 +0000 EU Wants To Loosen State Aid For Affordable Housing /tax-authority/international/articles/2349918?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2349918 The European Union wants to address a lack of affordable housing by making it easier for governments to provide state aid to support the construction of new buildings and renovations of existing buildings, the bloc's executive branch said in a consultation. Thu, 05 Jun 2025 15:38:47 +0000 Sweden Proposes $2.6M Cap On Interest Deductions /tax-authority/international/articles/2349922?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2349922 Sweden would ignore contributions within corporate groups and deficits from prior years when calculating a company's interest deduction, under rules proposed Thursday. Thu, 05 Jun 2025 15:37:53 +0000 German Court Convicts 2 More Tied To €100M VAT Fraud /tax-authority/international/articles/2349890?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2349890 A German court convicted two more people for their roles in a €100 million ($114 million) value-added tax fraud scheme involving services that let users make phone calls via the internet, the European Public Prosecutor's Office said Thursday. Thu, 05 Jun 2025 15:17:48 +0000 HMRC Loses £47M To Phishing Targeting PAYE Accounts /tax-authority/international/articles/2349649?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2349649 HM Revenue & Customs has detected phishing attacks on 100,000 taxpayer accounts, costing the revenue service £47 million ($64 million), the tax authority's new chief executive told members of Parliament. Thu, 05 Jun 2025 14:36:24 +0000 US Biz Council Wants Treaty Talks With Switzerland, Taiwan /tax-authority/international/articles/2349809?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2349809 Large U.S. multinational corporations want to see the U.S. Department of the Treasury prioritize tax treaty negotiations with Switzerland and Taiwan, according to survey results published Thursday by the National Foreign Trade Council. Thu, 05 Jun 2025 14:11:55 +0000 EU OKs Irish Tax Credit For Unscripted Cultural TV Programs /tax-authority/international/articles/2349912?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2349912 The European Commission announced Thursday that it approved the Irish government's €211 million ($241 million) tax credit designed to support unscripted audiovisual programs with Irish and European cultural content. Thu, 05 Jun 2025 13:19:06 +0000 About 30% Of Firms Paying UK DST Aren't In US, Report Says /tax-authority/international/articles/2349779?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2349779 Nearly 30% of companies that paid the U.K.'s digital services tax in 2023-2024 were headquartered outside the U.S., which contrasts with the popular notion that American firms pay the tax almost exclusively, advocacy group TaxWatch said Thursday, citing data provided by HM Revenue & Customs. Thu, 05 Jun 2025 11:15:53 +0000 KFC Parent Co. Fights $4B IRS Bill In Tax Court /tax-authority/international/articles/2349553?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2349553 The parent company of Pizza Hut, KFC and Taco Bell is challenging $2.5 billion in taxes and penalties that the IRS claims it owes for a corporate reorganization to restructure its international operations, according to a U.S. Tax Court petition served Thursday, a figure that has topped $4 billion with interest. Wed, 04 Jun 2025 20:01:34 +0000 NJ Man Cops To Dodging $2M Tax Bill On Real Estate /tax-authority/international/articles/2349443?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2349443 A New Jersey man linked to an intricate pension plan scheme involving refunds from the Dutch government pled guilty to evading more than $2.4 million in U.S. taxes by concealing ownership of more than $5.5 million in real estate, the U.S. Department of Justice said Wednesday.Â