Tax & Accounting Blog

What every tax professional needs to know about Intercompany Agreements for transfer pricing compliance

What every tax professional needs to know about Intercompany Agreements for transfer pricing compliance

Paul Sutton, LCN Legal Intercompany Agreements (often referred to as ICAs) are legal agreements between related parties. They define the legal terms on which services, products and financial support are provided within a group. Why do multinational organisations need them? It has long been accepted that ICAs are a fundamental part of Transfer Pricing compliance […] … Read More

Introducing our inaugural European Taxologist Awards: ‘Enabled by technology, driven by people’

Introducing our inaugural European Taxologist Awards: ‘Enabled by technology, driven by people’

We received numerous impressive nominations for our inaugural European Taxologist Awards – a celebration for what we sometimes call ‘Tax Pioneers’ across the continent – but we had to pick winners, which were all announced this week at SYNERGY 2017 on Thursday 19 October. Tax Technologist of the Year First up, the winner of ‘Tax […] … Read More

SYNERGY UK 2017: Coping with volatility and uncertainty

SYNERGY UK 2017: Coping with volatility and uncertainty

Laurence Kiddle, Managing Director of Thomson Reuters’ Tax and Accounting team in Europe, kicked off today’s event and pointed out that nearly 100 different organisations had chosen to attend, with close to 200 people having registered. 2017 marks first-ever SYNERGY awards This year also marked our first-ever SYNERGY awards and the inaugural ‘European Taxologist Award’, […] … Read More

Portugal Implements EU Directives on Exchange of Tax Rulings and CbC Reports

Portugal Implements EU Directives on Exchange of Tax Rulings and CbC Reports

On August 24, 2017, Portugal published Law No. 98/2017 in the official gazette, which implements EU Directives 2015/2376 and 2016/881 on the automatic exchange of tax ruling and CbC reporting information among EU member states, respectively. The measures apply retroactively from January 1, 2017. Tax Rulings (BEPS Action 5) Building on the OECD work on […] … Read More

Webinar Recap | Streamlining Tax Data Management with Advance Tax Compliance

Webinar Recap | Streamlining Tax Data Management with Advance Tax Compliance

On 31 August Thomson Reuters and Advance Tax Compliance presented a webinar called a “Streamlining Tax Data Management – Take Control and Improve Your Tax Data Processes”. In this webinar we focused on the usage of tax data management technology by tax departments, specifically ONESOURCE DataFlow. We also shared a live example how an improved […] … Read More