EU FSR and the impact of non-EU tax incentives
Recent enforcement under the EU Foreign Subsidies Regulation shows that tax incentives from non-EU countries are attracting scrutiny that can affectdeals and bids. With broad reporting requirements and growing Commission activity, companies should expect closer examination of many non-EU tax benefits.
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Pillar Two filing pressures, retroactive tax risk
The first GloBE Information Returns are due by June 30, and uneven readiness across tax administrations is raising compliance risks. Recentdevelopments in India and Australia also highlight increasing scrutiny and the potential for retroactive tax effects.
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