On August 1, 2017, Greece published Law No. 4484 (the “Law”) in the Government newspaper, The Hellenic Democracy. The Law implements EU Directive 2016/881 (amending Directive 2011/16, which was previously amended by Directives 2014/107 and 2015/2376) on the mandatory automatic exchange of tax information (e.g., country-by-country (CbC) reports) into domestic legislation. See BEPS Action 13. […] … Read More

On June 15, 2017, U.K. HMRC issued updated guidance on the Worldwide Disclosure Facility (WDF). See BEPS Action 12. On December 31, 2015, all HMRC offshore facilities closed. The WDF is currently available to anyone who would like to disclose a U.K. tax liability that relates wholly or partly to an offshore issue, which includes […] … Read More

Following the success of the Thomson Reuters attendance at and sponsorship of SAP Ariba Live in Las Vegas, Alex Ellis (Head of Enterprise Sales EMEA) and Kim Hau (Indirect Tax Proposition Manager EMEA), along with 1,500 other sponsors and procurement leads attended the SAP Ariba Live conference for Europe, held at the Hilton hotel in […] … Read More

Tax and fiscal authorities are being more creative about how they audit financial data for tax purposes and we are seeing a growing trend towards digital reporting of tax data which increases the burden on taxpayers to provide orderly and accurate records, closer to, or, in real-time. On the 7-8 June 2017, we held a […] … Read More