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ITR celebrates International Women's Day | International Tax Review


We still have further to go to achieve gender equality for women lawyers globally
There is an abundance of talented and inspirational individuals in the tax sector. However, despite widespread awareness of gender inequality and some fantastic groups and events designed for women in tax, many women find that some form of the glass ceiling still exists. Women who are successful during their early career are often unable to progress beyond the senior manager level because of personal priorities.
The remote working conditions required because of the COVID-19 pandemic have shifted traditional gender roles faster than many expected, but the health crisis has also had a negative effect on women in the workplace. McKinsey found that women’s jobs are 1.8 times more vulnerable to the crisis than men’s jobs and that women make up 54% of redundancies despite accounting for only 39% of global employment. ....

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This week in tax: Tax disputes for Samsung and Rio Tinto


Samsung s victory may be a short celebration
The Indian Supreme Court’s ruling on the tax treatment of software licensing fees has been one of the week’s biggest talking points.
Tax experts and those working within MNEs have told
ITR that they expect the Indian revenue authorities to find an alternative way to tax these fees.
“Though many cross-border software payments would be relieved from royalty tax, these transactions could still be covered under the expanded equalisation levy that was introduced in April last year,” said Rakesh Nangia, chairman of Nangia Andersen India.
This view was shared by many others across the tax sector and companies may want to prepare themselves for another long-running dispute. ....

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