HM Revenue and Customs states that transfer pricing and permanent establishment simplification remains a priority despite concerns from the House of Commons.
The US could lose over $120 billion in tax revenue by 2033 should the rest of the world adopt the OECD’s pillar two framework in 2025, according to a congressional committee.
PwC Australia is grappling with the fallout from revelations that its partners used confidential government information to secure new business and advise clients.