All you need to know about #DEBRA, in 4 tweets.
#DEBRA is the new Directive that may introduce across the EU:
Notional Interest Deduction +
Further interest deduction limitations
#TAXTWITTER
[🧵thread]
@adammarkowitzEA 2. The tax consulting industry needs to put in more innovation efforts. With help of technology, knowledge can be made scalable. E.g. instead of writing a memo for 1 client, write a script that automates the analysis so that it can be used over and over again.
@adammarkowitzEA 1. (Almost) all of us (incl myself) are contributing to the asymmetry of wealth by trying to sell our knowledge for the highest price. The result is that the best knowledge is only available to the happy few. I don’t think that the solution is giving free advice to some.
All you need to know about #DEBRA, in 4 tweets.
#DEBRA is the new Directive that may introduce across the EU:
Notional Interest Deduction +
Further interest deduction limitations
#TAXTWITTER
[🧵thread]
@DanNeidle Why is that in appropriate? Where should this end? Would she still be allowed to choose to claim a foreign tax credit or deductible expense her return?
As a result of the Russian government’s invasion of Ukraine we have decided that PwC should no longer have a member firm in Russia and consequently PwC Russia will leave the Network.
139 members of the Inclusive Framework on #BEPS are negotiating a solution on the #tax challenges arising from digitalisation. Statement coming soon. ⤵️
@jordan_law21 @inspiredcat@kristinhodgins E.g. that straight forward stuff is done by a BIG4 with good legal tech while for complicated stuff a law firm is hired
@jordan_law21 @inspiredcat@kristinhodgins Thanks both for sharing your perspective. I think I agree. Don’t you think that law firms may lose some of their work to others?