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US Supreme Court to hear appeal against TCJA repatriation tax

by usoftax_admin | Sep 4, 2023 | Tax News

The Moore case could upend US tax policy if the Supreme Court deems the repatriation tax on unrealised income to be unconstitutional.

Provisional measure revokes limits on the deductibility of royalties in Brazil

by usoftax_admin | Sep 4, 2023 | Tax News

Paulo Victor Vieira da Rocha, Murilo Jakuk Ferreira Lopes and Marina da Silva Fernandes of VRMA Advogados discuss the effects of Provisional Measure No. 1,152/22 regarding the deductibility of royalties from the corporate income tax assessment basis.

Transparency and speed are key to EU withholding tax reform

by usoftax_admin | Sep 4, 2023 | Tax News

A drive for speed and efficiency defines the European Commission’s proposal for streamlining how EU member states deal with withholding tax reclaims. Ralph Cunningham reports.

Brazilian tax reform: cashback as a mechanism to reduce tax regressivity

by usoftax_admin | Sep 4, 2023 | Tax News

Paulo Victor Vieira da Rocha and Murilo Jakuk Ferreira Lopes of VRMA Advogados discuss a Brazilian tax reform approved by the Lower House of Representatives that includes the possibility of a VAT refund for lower-income taxpayers.

Business figures and campaigners unite over biofuel duty cuts

by usoftax_admin | Sep 4, 2023 | Tax News

The UK should cut duties to help phase out diesel, business figures and environmental campaigners have warned.

PwC Australia To Cut Partner Pay After Tax Scandal

by usoftax_admin | Sep 1, 2023 | Tax News

PwC Australia said Friday in its annual financial statement that it will cut partner salaries by up to 30% in fiscal year 2024 following a scandal in which the firm was found to have shared confidential government plans to tackle tax avoidance.
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