International taxes

Ireland just landed a challenge most countries would envy: how to spend an almost €13.8 billion ($15.2 billion) windfall that Apple Inc. was ordered to pay in taxes by the European Union's top court.

Apple lost its court fight over a ($14.4 billion Irish tax bill and Google lost its challenge over a €2.4 billion fine for abusing its market power.

The program has been used internally and is now available for non-audit clients for Pillar Two and U.S. international tax calculations.

The U.S. has taken a first step toward a challenge of Canada's DST on large foreign technology companies.

Transfer pricing, Pillar Two, GLAM and more are important considerations.

Former investment banker Martin Shields had already paid €3 million for his part in a dividend-tax refund scheme, and will now pay an extra €11 million.

Policies that lower the foreign taxes of U.S.-based multinational corporations are unlikely to benefit domestic workers, according to a recent academic study.

The final wording of the communique is subject to ongoing debates.

Taxpayers and financial institutions now need to verify their identities when they sign in or register to use the system as an extra security measure.

Wolters Kluwer announced CCH Tagetik Tax Provision & Reporting, a solution offering data collection and group tax provision calculations for multinationals.