The latest on countries’ responses to the OECD’s BEPS recommendations

First published to ey.com as a Global Tax Alert. OECD On 5 January 2016, the OECD updated the list of BEPS members to include Bermuda, Côte d’Ivoire and Kazakhstan, bringing the total Members in the inclusive framework to 94. As BEPS Members, these countries have committed to comply with the BEPS minimum standards contained in … More The latest on countries’ responses to the OECD’s BEPS recommendations

Countries continue to legislate in response to the OECD’s BEPS

EY’s “Latest on BEPS” covers the most recent legislative responses to the OECD’s BEPS project across the globe: Austria On 1 August 2016, the European Union (EU) Tax Amendment Act 2016, including among other provisions, the new Austrian Transfer Pricing Documentation Law (TPDL) was authenticated by the Federal President and published in the Federal Law … More Countries continue to legislate in response to the OECD’s BEPS

Navigating Brexit: Tax and legal implications for life sciences

The historic decision by the voters of the UK to leave the EU marks a significant change for the UK and EU and will impact other trading partners such as the US. However, all EU directives and regulations, as well as the treaties themselves, remain in force in respect of the UK until it formally … More Navigating Brexit: Tax and legal implications for life sciences

Legal disruption in a blockchain-enabled world

While the internet is a world-changing medium for information exchange, blockchain is the first native digital medium for peer-to-peer value exchange. EY’s analysis of blockchain suggests it may have the most impactful potential of the entire portfolio of disruptive technologies that are now emerging. But it also has the most obstacles to success, ranging from … More Legal disruption in a blockchain-enabled world

EY bolsters legal services presence in Canada, Chile and Argentina

By EY Americas Vice Chair – Tax, Kate Barton Demands for holistic professional services, including legal services where permissible, are increasing as companies across the globe face a greater number of complex requirements and guidelines. Cross-border business and associated compliance require professional services firms to provide more comprehensive offerings to clients. EY is addressing this … More EY bolsters legal services presence in Canada, Chile and Argentina

EY’s Tax Insights: legal education is changing for the tax professionals of the future

By Giselle Weiss The skills that businesses are looking for in entry-level tax professionals are increasingly at odds with the skills that graduating students possess. To produce practice-ready staff equipped to deal with today’s complex tax challenges, universities and hiring organizations need to work together. At an EY event held last year in Zurich on … More EY’s Tax Insights: legal education is changing for the tax professionals of the future

EY webcast to explore implications of OECD’s BEPS on companies’ legal functions

  The final reports on the Base Erosion and Profit Shifting (BEPS) Action Plan have been released by the Organisation for Economic Co-operation and Development (OECD) and endorsed by the G20. These reports on the 15 BEPS focus areas reflect recommendations for significant changes in international tax laws and treaties. Attention has now turned to … More EY webcast to explore implications of OECD’s BEPS on companies’ legal functions

The latest on BEPS: how three jurisdictions are adopting new laws in response

This update summarizes recent developments relating to OECD BEPS, and how Luxembourg, Poland and Spain are introducing legislation in response. Read EY’s Global Tax Alerts for the latest in BEPS developments. On 2-3 November 2015, the OECD’s Task Force on Tax and Development met to review progress during 2015, including the latest on the OECD … More The latest on BEPS: how three jurisdictions are adopting new laws in response

Issue 14 of EY’s Tax Insights explores data security and the race to beat cybercrime

A sophisticated hack can be catastrophic for a company. If executed with skill and precision, companies can lose sensitive product information to corporate espionage, reams of consumer information to malicious hacking syndicates and potentially a significant chunk of its share price once the world finds out — and find out it will. For tax departments, … More Issue 14 of EY’s Tax Insights explores data security and the race to beat cybercrime