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Member News
Member News
24
Apr
CFOs and CISOs should collaborate to mitigate cyber risks, strengthen internal controls and confirm accurate financial reporting.
Regular evaluations of cyber risks, including identity management, endpoint security and third-party risks help maintain financial data integrity.
Prioritizing financial systems in response plans supports resilience, accurate disclosures and faster recovery from cyber threats.
Ongoing communication between finance and security teams makes sure cybersecurity measures evolve with business changes and regulatory demands.
As cyber threats become more sophisticated and pervasive, collaboration between...
24
Apr
The Netherlands
Personal Income Tax: Information request for assessment actual yield on savings
Savings and investments (Box 3) in income tax returns are currently taxed based on a notional yield - a fixed yield, that is expected based on the type of savings or assets. Changes have been made to the structure of Box 3, which was required due to supreme court rulings. The house of representatives wishes to have a tax system whereby the actual yield is being taxed, aiming...
21
Apr
There is now data to support what has been feared. The impact of tariffs includes a dramatic drop of 64% in US ocean container bookings from March to April 2025. This is after a temporary spike, as importers rushed to ship goods ahead of the tariffs. But as soon as the tariffs went into effect, bookings collapsed as businesses faced higher costs and uncertainty. And while some tariffs were suspended, havoc had already descended on supply chains. Companies are taking a...
17
Apr
"May you live in interesting times” – this backhanded well-wish may never have been as applicable as it is today. Since January, the news cycle has been a steady stream of market-disrupting announcements, false starts, military escalations and political and economic gamesmanship that has humbled economists and wonks who normally have strong insight on things to come. Interesting (unstable) times can be challenging for any business, and regardless of political leaning, no one can deny that since Trump’s return...
17
Apr
IPTI’s usual monthly newsletter - the “President’s Message” - contains, inter alia, some summarised news articles from around the world. This IPTI publication - “Property Tax in the News” - contains some of the more interesting news articles concerning property taxes in North America and Europe which is where many of our members have a particular interest. Links to these and more, similarly summarised, articles - from North America, Europe and around the globe - can be found in...
16
Apr
In certain scenarios, there will be an overlap between the EU Artificial Intelligence Act (“AI Act”) and the EU General Data Protection Regulation (“GDPR”) when personal data is processed through regulated AI systems. To illustrate such overlaps in these scenarios, the table below gives an overview of the key requirements under the AI Act applicable to Providers* and Deployers*1 relating to high-risk AI systems* and links each of those requirements to a correlating requirement under GDPR.
This overview shall support...
16
Apr
Key insights
Higher tariffs mean companies must adapt their transfer pricing policies and supply chain management strategies to account for increased costs associated with importing goods.
If a company's actual results from transactions during the tax year are not arm's length, they are required to make retroactive adjustments to the transfer prices paid during the year.
Strategic declaration of transaction prices and participation in initiatives like Customs and Border Protection’s reconciliation program can help reduce duty liability.
By accurately...
15
Apr
By: Ryan Last, Daniel N. Anziska, Lindsay Austin, Sean P. McNally, Tom Tilton, and Charlene C. Goldfield, Troutman Pepper Locke
On April 11, the White House released a Presidential Memorandum, “Clarification of Exceptions Under Executive Order 14257 of April 2, 2025, as Amended,” which exempts a list of semiconductors and electronics from reciprocal tariffs issued under Executive Order 14257, “Regulating Imports with a Reciprocal Tariff to Rectify Trade Practices that Contribute to Large and Persistent Annual United States Goods Trade Deficits,” as...
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