The French Council of State has ruled that tax authorities cannot substitute fair market value for the sale price in a notarized deed without proving an actual under-the-table payment. This landmark decision clarifies the limits of tax authority powers in challenging real estate transaction prices and establishes important precedent for cross-border property disposals involving non-resident entities.

Cross-border mergers and acquisitions (M&A) – particularly between Europe and the United States – play a central role in the global economy. Together, the regions account for approximately one third of global GDP...

For market veterans, the violent price action evoked memories of the Hunt Brothers' infamous attempt to corner the silver market four decades ago.

In Italy in recent years, having a tax control framework (TCF) has emerged not only as a key instrument for tax risk management and mitigation, but also as a lever for corporate value creation in extraordinary transactions...

Cash pooling arrangements are widely used by multinational groups to improve liquidity and financial efficiency through centralised treasury management.

On 17 November 2025, the European Commission published EU VAT Committee Working Paper No. 1118, regarding free-of-charge access to platforms in exchange for user data.

The Italian Supreme Court has shifted toward a substance-over-form approach in determining permanent establishment (PE) status, moving beyond formal contractual arrangements to examine...

Cross-border tax structures often fail not due to technical flaws, but because they cannot be properly explained or defended over time. As operations evolve and documentation becomes outdated...

Poland currently finds itself at a point where demographic change, economic adjustment, and deeper global integration intersect in ways that are increasingly visible from outside the country.

US renewable energy projects face significant supply chain challenges under the One Big Beautiful Bill Act (OBBBA)...

The Register records all formal debt enforcement proceedings initiated against inpiduals or legal entities in Switzerland.

Art. 20 para. 1 of the Swiss Value Added Tax Act (VATA) provides that: "a supply is deemed to be made by the person who appears to the outside...

As audit practices evolve, integrating technology into audit methodology becomes essential for maintaining both efficiency and audit quality.

Trusts serve as essential instruments for estate and tax planning, offering asset protection and control. Key considerations include understanding tax implications of income distribution versus accumulation, proper trust funding procedures, selecting between individual and corporate trustees, and navigating common implementation pitfalls that can undermine trust effectiveness.

What makes high performers stand out from the crowd? LP Partner Russell Shapiro recently sat down with legendary consultant Allan Koltin for an in-depth video conversation...

Artificial intelligence tools offer turnaround and restructuring practitioners powerful capabilities to manage complexity and time pressure, but deploying them effectively requires understanding...

Among developed countries, the United States is one of few without a broad-based national consumption tax. Instead, states can enact their own consumption taxes, often in the form of sales tax.

Section 1202 of the US tax code offers qualified small business stock (QSBS) holders the ability to exclude significant capital gains from federal income tax, with recent legislation raising the exclusion cap to $15 million per taxpayer for stock acquired after July 4, 2025. Strategic use of properly structured non-grantor trusts can multiply these tax benefits through "trust stacking" while simultaneously achieving substantial estate tax savings. Cross-border families and multinational founders must coordi

In August 2025, Vietnam issued Decree No. 236/2025/ND-CP, its first on implementing the global minimum tax (GMT). This milestone reflects Vietnam's efforts to prevent base erosion and profit shifting...

Vietnam's indirect tax system encompasses value-added tax, special consumption tax, and import/export duties that apply throughout production and trade processes. Understanding the rates, exemptions, and compliance requirements for each tax type is essential for businesses operating in Vietnam's evolving regulatory environment.