Tax & Accounting Blog

Sweden’s Tax Committee Endorses Draft Interest Limitation Rules

Sweden’s Tax Committee Endorses Draft Interest Limitation Rules

On June 14, 2018, Sweden’s Parliamentary Tax Committee released a report (2017/18: SkU25), endorsing the government’s proposal in Bill No. 2017/18:245 to introduce a general interest deduction limitation in the corporate sector to 30% of earnings before interest, tax, depreciation and amortization (EBITDA). The proposal includes a simplification rule, where a negative net … Read More

Thomson Reuters Recognized in Gartner Market Guide for Global Trade Management Software

Thomson Reuters Recognized in Gartner Market Guide for Global Trade Management Software

Thomson Reuters is excited to be recognized as a Representative Vendor in the May 2018 Gartner Market Guide for Global Trade Management Software. Gartner, Inc. is the world’s leading research and advisory company. The guide is used by supply chain leaders to inform and support their investments in global trade management applications and services. This … Read More

International Tax Institute Discusses Group Financing Following U.S. Tax Reform

International Tax Institute Discusses Group Financing Following U.S. Tax Reform

On June 11, 2018, the International Tax Institute (ITI) held a session on “Tax Reform Issues Related to Group Financing – 163j, 267A, BEAT and GILTI Issues.” The speakers included James Tobin, Senior Tax Partner at EY and Kevin Glenn, Tax Partner at King & Spalding. The discussion focused on current financing structures for inbound … Read More

Denmark Issues Proposals to Implement EU Anti-Tax Avoidance Directives

Denmark Issues Proposals to Implement EU Anti-Tax Avoidance Directives

On May 31, 2018, the Denmark Ministry of Taxation issued draft proposals to implement provisions of the EU Anti-Tax Avoidance Directive (“ATAD 1”) (e.g., EU Directive 2016/1164). The proposals would also implement Directive 2017/952, which amends Directive 2016/1164 with respect to hybrid mismatches with third countries (“ATAD 2”). Denmark proposes to implement … Read More