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EY has turned heads with its acquisition of legal technology firm Riverview Law, and says it will “aggressively” recruit to expand its legal managed services offering. Is this a ground-breaking development, or part of an established trend?

Tax is evolving at an ever-quicker pace. With BEPS action points being legislated into domestic law, treaty actions for the Multilateral Instrument (MLI), the introduction of the US Tax Cuts and Jobs Act from December 2017, trade/tariff initiatives and business complexity, is it time to create a formal high-level organisational role of chief strategic officer?

Luxembourg hopes the new VAT grouping regime will help the financial sector get over the loss of IGP Luxembourg's VAT grouping regime will help soften the blow of losing the independent group of persons (IGP) option for some financial companies, but one VAT manager at a financial services company says the new rules are useless.

A tax dispute can cost a business its profitability and its reputation Around $75.3 billion of Fortune 500 capital is under dispute with tax authorities, and almost two thirds of tax directors expect the lack of consensus on value creation to push this figure even higher.

The House Ways & Means Committee has embarked on an ambitious plan to rush a trio of tax bills through Congress.

Joe Stanley-Smith sits down with Walter Hellerstein, the leading US academic on state and local taxation, to talk about Wayfair chaos, the US and EU’s shared indirect tax maladies and why so much intellectual effort is wasted on corporate taxation.

Glenn Price, head of international tax at Vodafone, talks to Josh White about the risks taxpayers face in an increasingly uncertain world.

Tax incentives in Croatia for research and development (R&D) projects were granted between 2007 and 2014 based on Articles 111 a. to 111 f. of the Act on Scientific Activity and Higher Education. However, the European Union issued Commission Regulation (EU) No. 651/2014 in June 2014, concerning certain categories of state aid; this used significantly different terminology, definitions, and requirements, and rendered the abovementioned articles invalid. Croatian entrepreneurs found themselves in something of a vacuum for more than three years, awaiting a new legal framework for R&D incentives, as the relevant tax incentive had been abolished on January 1 2015. In July 2018, the Croatian Parliament adopted and published the Act on State Aid for Research and Development Projects, which the government had submitted in January 2018.

In general terms, inherence can be described as the relationship between the cost and the enterprise, where the cost has a specific relevance to the determination of income; this is a result of its connection not to a specific revenue, but rather to an activity potentially able to produce income. Based on this assumption, in order to consider a cost deductible (i.e. inherent), the taxpayer is required to demonstrate clearly the connection with the activity, providing the tax authority with "sufficient" documentation.

It has been reported that by the end of September 2018, the Directorate General of Tax (DGT) will commence the automatic exchange of information (AEOI) through the common transmission system (CTS). There are five types of data that are expected to be exchanged within the AEOI framework: (i) identity of bank account holder; (ii) bank account number; (iii) identity of financial institution; (iv) bank account balance; and (v) income deriving from the bank account (interest). Effective implementation of the AEOI may increase tax revenue, especially in terms of income tax. The DGT is authorised to utilise the collected data to evaluate taxpayers' compliance with their taxation obligations, including reporting requirements such as the submission of annual tax returns.