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Country-by-country reporting (CbCR) deadlines are approaching and MNEs are carefully preparing the information and diligence behind the numbers. CbCR brings us to the next phase and Keith Brockman asks how reputational risk will be questioned by the public (if disclosed) and defended or ignored by MNEs and tax administrations.

Uber faces a big question over its tax responsibilities Uber could be forced to pay millions of pounds in indirect tax if the UK High Court decides that the company should be charging VAT on its services. HMRC could also face questions as to why it did not take action at the first opportunity.

While tax authorities get better at detecting tax fraud, the fraudsters also find new ways to remain under the radar The sharing economy has offered numerous opportunities to individuals and businesses to minimise their tax liabilities, but tax authorities are now using sophisticated software to target those avoiding tax via platforms such as Airbnb, eBay, Amazon and Uber.

Rio Tinto has called on Australia and the US to cut their corporate tax rates to become more attractive investment locations, and it seems that Australian Prime Minister Malcolm Turnbull is listening to big businesses despite strong opposition. Will the US follow?

If the bill becomes law, it could be bad news for businesses US Congressman Mark Pocan has introduced the Tax Fairness and Transparency Act in the House of Representatives to close tax loopholes and encourage transparency among corporations that hide their profits overseas. Multinationals should take note of the proposals as they may influence the wider tax reforms.

Businesses must start preparing for VAT across the GCC now Half of all businesses and MNEs operating across the Middle East or selling into the region have not started preparing for the new VAT system that is scheduled to be implemented on January 1 2018 across the Gulf Cooperation Council's member states.

Amazon’s win reinforces the tax treatment of transfer pricing methods Amazon has triumphed over the US tax authority after the US Tax Court ruled in favour of the online retailer in a tax dispute involving Amazon's use of a Luxembourg subsidiary for its European operations and transfer pricing arrangements.

Multinationals will be subject to Australia's divert profits tax (DPT) rules from July 1 after the legislation received Royal Assent on April 4. Businesses must pay close attention to the details to avoid hefty fines.

See who has done the tax work on this month’s biggest deals

With a spate of big elections on the horizon, we are seeing a rollercoaster ride of political rhetoric, false promises, shocks and surprises. Multinationals establishing their long-term tax plans during these uncertain times face the prospect of multiple strategies.