Tax & Accounting Blog

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

Trump Grants Another Pardon as U.S. Commerce Department and ZTE Reach Agreement Reversing Ban

Trump Grants Another Pardon as U.S. Commerce Department and ZTE Reach Agreement Reversing Ban

Part 2 of article: ZTE, President Trump, and the Elephant in the Room: https://tax.thomsonreuters.com/blog/onesource/zte-president-trump-and-the-elephant-in-the-room/   On June 7, 2018 the U.S. and ZTE agreed to a deal allowing ZTE, the Chinese Telecom company, to stay in business.  Part of this deal is to reverse the ban placed on U.S. companies prohibiting them in selling … Read More