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Deloitte

Victoria Chornovol

Grant Thornton

True Partners Consulting LLC

Morgan Lewis has announced the hiring of Paul Beausang as a partner in its tax practice and structured transactions team.

The OECD today delivered the second part of its recommendations to reform international tax rules by tackling base erosion and profit shifting (BEPS). While unanimity across all points discussed was impossible, a higher level of agreement - either in the form of consensus or agreement on 'minimum standards' - has been achieved than many expected, though this has not stopped non-governmental organisations (NGOs) from criticising the package as "a sticking-plaster approach".

The Indian government’s decision not to apply the minimum alternate tax (MAT) to foreign investors has translated into a positive Supreme Court decision for Castleton Investment.

With the release of the OECD’s final package of recommendations to tackle base erosion and profit shifting (BEPS), the focus now shifts to the manner in which national authorities take up, and implement, the measures outlined. Country-by-country reporting (CbCR) implementation has already begun in a number of countries, including Germany, and use of the reporting method is set to be expanded next year.

Facebook was on the front page of one of the UK’s most-read daily newspapers for all the wrong reasons this week after it emerged the company paid £4,327 ($6,702) in corporate tax in 2014.

Koen Lenaerts has been elected by his peers to a three-year presidential term at the helm of the European Court of Justice (ECJ). Antonio Tizzano will serve as vice-president.