IBFD

As 2024 wraps up, we celebrate the success of the EU Tax Focus (ETF), launched by the IBFD EU Tax Law Study Group. We’re proud to have published 23 ETF notes, offering valuable insights on key EU tax developments and initiatives. A big thank you to all the authors who contributed with their expertise, both IBFD colleagues and external partners. We look forward to continuing this journey in 2025, exploring more exciting EU tax issues! Don’t forget to subscribe for exclusive content in our monthly newsletter and for a special issue and online raffle for ETF 1-year anniversary celebration: https://lnkd.in/ghyD-bbQ #IBFD #EUTLSG #ETF #EUTaxLaw Belema Obuoforibo, Ola Ostaszewska, Oana Popa ADIT, Carla Valério, Angelika Xygka, Laura Ambagtsheer-Pakarinen, Pedro Costa Monteiro, Ph.D., Catarina Gomes Correia, Madalina Cotrut, Filip Krajcuska, Argyro Myzithra, Maxine Avlihou, Timoleon Angelos Christodoulopoulos, Bruno Gonçalves, MEP, Katerina Ilieva, Katerina Pantazatou, Laura Alarcón Díaz, Sónia Fernandes Martins, Francesco De Lillo, Ruxandra Vlasceanu

As 2024 draws to a close, we would like to wish you the warmest Season's Greetings and a prosperous New Year. We look forward to being your trusted partner in international tax expertise again in 2025.

IBFD Update: Supporting Vietnam’s Global Minimum Tax Implementation Since June, we’ve been collaborating with the Vietnam General Department of Taxation (GDT) on drafting regulations to implement the Global Minimum Tax (GMT) under the OECD/Inclusive Framework Two-Pillar Solution. This effort is part of the GIZ project “Strengthening Public Financial Management in Viet Nam,” co-funded by the EU and the German Government. 📢 Public Consultations in Hanoi & Ho Chi Minh City In November and December, GDT organized public consultations to gather feedback on the draft decree for the GMT law. IBFD participated actively, presenting comments on the alignment of the draft with OECD Model Rules and addressing stakeholder queries. 🎯 Key Contributions • Presented at consultations chaired by GDT leaders, alongside stakeholders like the Big4 and international chambers of commerce. • Collaborated with GDT’s drafting team to incorporate feedback into the draft regulations. • Leveraged insights from the Knowledge Centre to review and refine the draft decree. This milestone reflects the dedication of our IBFD team. Special thanks to GDT for acknowledging IBFD’s contributions and to GIZ for their partnership. Together, we’re shaping a robust tax framework for Vietnam! Read more about the collaboration here: https://bit.ly/3BoEhOc #CapacityBuilding #GlobalMinimumTax #IBFD #Vietnam

Exciting News! Aibidia and IBFD have just released a must-watch webinar: "AI in Tax and Transfer Pricing: Behind the Innovation with Aibidia and IBFD." Join us to pull back the curtain on our partnership and see how we’re driving innovation in tax and transfer pricing. Expect: Behind-the-Scenes Detail: Discover why and how we brought together top minds from tech, research, and taxation to identify game-changing AI use cases. Emerging Trends & Challenges: Get a forward-looking perspective on the key trends shaping the tax community’s needs. Don’t miss out—watch now: https://bit.ly/4iN9Vpp #TaxInnovation #AI #TransferPricing #Webinar #Aibidia #IBFD

Last week, IBFD and Caplin & Drysdale hosted the international tax conference 'What Will Survive, What Will Thrive in '25' in Washington, DC. The event brought together global tax experts, policymakers, and thought leaders for a day of insightful discussions on the challenges and opportunities shaping the future of international tax. We'd like to thank our speakers and moderators for sharing their expertise and all participants for making this event a resounding success. #InternationalTax #DTS #GlobalTaxPolicy #Tax #GlobalExperts #IBFDxCD IBFD

News update: FASTER is formally adopted 🎉 If you're looking to refresh your memory on what #FASTER will practically entail, here are some valuable resources: - Our recent webinar on FASTER, where Anzhela Popova & Paul Radcliffe guided us through the intricacies of the rules (available on demand: https://lnkd.in/e6Z_5U2g) - Our European Taxation Journal article written by Paul Radcliffe & Reinhart Devisscher analysing the latest version of FASTER (available on the IBFD Tax Research Platform: https://lnkd.in/gREjMJPn) - EU Tax Focus pieces: one written by Carla Valério who delved into the details of the latest version of FASTER and another one providing a sneak peak into the recent FASTER webinar (written by yours truly) (available for free on https://lnkd.in/ekmZB_De) Explore these materials to gain a comprehensive understanding of the new rules and their practical implications! #FASTER #withholdingtax #EUtaxlaw

During our fruitful collaboration in the International Tax Committee of the International Law Association, Pasquale Pistone, Mariya Serafimova, and I wrote a long article on tax nexus, which examined this traditional tax issue from multiple angles. One of those angles is a realignment of tax issues with fundamental principles of (public international) law. From the comparative side, there is also a comparison with competition law's doctrine of jurisdiction there, among the other issues discussed. The article was recently published, and the IBFD World Tax Journal has selected our article to be available in open access, which is accessible to all under the link below. Of course, we are very happy with that decision, and equally so with the countless useful comments and feedback we received along the way from people within and outside the International Tax Law Committee, the peer-reviews, and the guest editor of this special issue. https://lnkd.in/dbp_gf9s

           During the recent #UK elections, #Labour pledged to address a huge gap in the country’s finances by raising taxes on the wealthy, while sparing “working people” from tax increases. In October, the Rt Hon Rachel Reeves laid out Labour’s fall budget, which abolishes the non-dom rules & raises capital gains tax rates, among other things. In this Talking Points, Claire Shelemay, BFP FCA reviews the Fall Budget & examines whether Labour did, in fact, keep their promises. Only from IBFD & IBFD Americas. Read the full article on the Tax Research Platform (TRP) now! Subscription required: https://lnkd.in/ecnajeSP #TalkingPoints #Internationaltax #IBFD

🎥 Behind the Scenes: New EU VAT Rules for Small Businesses Webinar! We just wrapped up an insightful webinar on the upcoming VAT simplification rules for small businesses in the EU, starting 1 January 2025. These changes are set to reduce compliance costs and modernize VAT systems with the taxation-at-destination principle. With the wonderful conversations and presentations from Fabiola Annacondia and Fernando Matesanz. Hosted by the amazing Laura Alarcón Díaz Produced by Alessia Petrone, Mariana Barata, Alechandre António and Osvaldo J. Genco Here’s a sneak peek behind the scenes of our studio setup 👀👇 – from technical prep to delivering key insights, our team worked hard to make this event successful and the audience engaged with prompt questions about the upcoming changes on important schemes! Did you miss the webinar? Don’t worry! Go to: https://lnkd.in/e6-b5QtZ #Webinar #VAT2025 #SME #TaxSimplification #studio #ibfd #EU

We are delighted to announce the successful completion of the comprehensive course "Using Beneficial Ownership Transparency for Tax Collection", a pioneering collaboration between IBFD and the NTO! Delivered to over 1,500 tax officials from over 80 tax jurisdictions, this hybrid program featured: ✅ 4 modules, 16 submodules ✅ Pre-recorded videos + live interactive sessions with group work & case studies ✅ Multilingual platforms in English, Spanish, and French The course covered essential topics such as beneficial ownership, anti-abuse measures, combating money laundering, and enhancing tax compliance through cross-jurisdictional cooperation. A huge thank you to NTO and our incredible team of experts, trainers, and project leads who made this record-breaking training possible. Together, we’re strengthening tax authorities worldwide! Read more: https://lnkd.in/dtFaPucV #IBFD #NTO #BeneficialOwnership #Transparency The International Tax Compact (ITC) facilitates the Secretariat of the NTO. The ITC is funded by the German Federal Ministry for Economic Cooperation and Development (BMZ), co-funded by the European Union, and implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH.