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February 03, 2012
Taxpayers are angry over Germany’s unfair enforcement of interest on old VAT errors even when there has never been any loss to the exchequer. International Tax Review investigates.
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February 03, 2012
Companies importing or exporting to Mexico must use an electronic reporting system to file Customs information from March 1 2012.
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February 01, 2012
Banks will leave France and relocate their financial transaction branches to the UK and other jurisdictions if President Nicolas Sarkozy goes ahead with the financial transactions tax (FTT), according to UK Financial Secretary to the Treasury Mark Hoban.
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January 31, 2012
India’s decision to increase its cooperation with the OECD should trigger alarms for taxpayers as their Indian operations are likely to be put under more scrutiny from the country’s tax officials.
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January 31, 2012
A new report from the Canadian Labour Congress (CLC) has called into question the effectiveness of Canada’s corporate tax cuts. The three-step reduction in the country’s corporate tax rate, implemented with the objective of incentivising job creation, is not having the desired effects, says the report.
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January 31, 2012
Rudolf Elmer’s name hit the international headlines when he was exposed as the whistle-blower on the activities of his former employer, Swiss bank Julius Bär, in the Cayman Islands, handing over the names of 2,000 tax evaders to WikiLeaks. The episode was one of a number that focused attention on tax havens. In an exclusive interview, Elmer explains why he did it, what the impact has been on the world and his life and why he is the one being treated as a criminal.
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January 30, 2012
International Tax Review has compiled a special free pdf report on Vodafone’s Indian Supreme Court victory. View the ruling, read what industry had to say, and uncover what this decision means for your business.
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January 30, 2012
The British emergency services telephone number is 999. In times of trouble, this is the number that is relied on for help and, interestingly enough, this same number was the initial spark that propagated the focus on a particularly troublesome issue in the US – corporate tax reform.
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January 30, 2012
French President Nicolas Sarkozy has followed through with his promise to go it alone with a financial transactions tax (FTT). The announcement has already hit shares in the banking sector, but France should weather the short-term pain to see long-term gain.
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January 30, 2012
The US government has listened to the concerns of financial institutions and practitioners about the implementation of the Foreign Account Tax Compliance Act (FATCA).
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January 27, 2012
Rumours are rife that the Greek government will opt to reduce the VAT rate when it drafts a Bill for a new tax system next week.
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January 27, 2012
Indirect tax collections – comprising customs, central excise and service tax – rose to Rs 2,85,787 crore ($58 billion) during April to December. It is a significant boost to the government ahead of its plans to introduce GST.
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January 26, 2012
Shell CFO Simon Henry spoke about cooperation between taxpayers and tax authorities at the latest meeting of the OECD Forum on Tax Administration.
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January 26, 2012
The Supreme Court of Thailand has ruled in favour of Nike in a dispute over royalties with the Customs Department. The case sets a welcome precedent for companies looking to import goods from a third party.
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January 25, 2012
The European Tax Awards are expanding in 2012 with the inclusion of South Africa.
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January 25, 2012
The Belgian Ruling Commission (RC) has given new guidance on how it goes about its work. This has implications for any multinational company seeking a ruling on cross-border transactions involving Belgium.