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  • APM Terminals global tax head: Divergent thinking is the way forward

    August 01, 2014

    In part two of International Tax Review’s exclusive interview, Steven Ouwerkerk, global head of tax & treasury at APM Terminals, based in the Netherlands, discusses the transition from adviser to in-house professional, analyses the challenges an in-house tax team faces, and stresses the importance of thinking divergently to find creative solutions.

  • Americas Awards nominations released

    August 01, 2014

    The nominations for the Americas Tax Awards, which take place in New York on September 18, have been announced on www.internationaltaxreview.com.

  • Inversions - special focus

    August 04, 2014

    Between 1983 and 2004 there were 29 inversion transactions out of the US. In the decade following, almost 50 companies restructured using the method. With foreign profits trapped offshore by an outdated, worldwide system which would hit them with a tax on repatriation, as well as a high tax rate, the temptation to consider an inversion is proving too much for US companies, particularly those in the highly-mobile pharmaceuticals sector. Whatever the motivation, inversions are in vogue. ITR’s special report looks at the knock-on impacts of the current wave of inversions, including shareholder pressure to consider an option they see their rivals pursuing and the possible inflammation of the tax morality debate in the US. We also bring you exclusive insight as to why Danaher is not looking to invert.

  • Malaysia: Clock is ticking for GST registration

    August 20, 2014

    With the introduction of the goods and services tax (GST) from April 2015, the Malaysian Customs Department has released its GST handbook to help prepare businesses for the new tax, but time is running out.

  • The OECD answers your questions about the global automatic exchange standard

    July 24, 2014

    EXCLUSIVE: On Monday July 21 the OECD released the full version of the Standard for Automatic Exchange of Financial Account Information in Tax Matters, which requires financial institutions to report detailed financial account information to their governments, which then exchange such information automatically with other jurisdictions on an annual basis. The Standard developed by OECD in response to a mandate by the G20 was first presented to and endorsed by the G20 Finance Ministers in February 2014.

Corporate Tax

More Corporate Tax
  • Inversions highlight antiquated US tax system

    August 22, 2014

    Comment: Far from representing the lack of economic patriotism of US companies, the trend of inversions out of the US is indicative of just how antiquated the US tax code is.

  • TEI raises concerns about Chinese GAAR

    August 21, 2014

    The Tax Executives Institute (TEI) submitted comments to China’s State Administration of Taxation (SAT) regarding its draft of administrative measures on general anti-avoidance rules (GAAR). The group, which represents the interests of in-house tax professionals, expressed concern that the new measures inappropriately expand the scope of GAAR and do not provide clarity to taxpayers.

  • Voluntary self-disclosure in Austria: New restrictions ahead

    August 21, 2014

    New tax law amendments in Austria are set to take effect from October 1. The amendments will mean taxpayers have more options to correct instances of negligence without criminal proceedings.

Indirect Tax

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  • Australia unveils tax guidance on digital currencies

    August 26, 2014

    Bitcoin users in Australia will have to report and pay GST on their digital currency transactions, after the Australian Taxation Office (ATO) announced that digital currencies such as Bitcoin are not money or foreign currency under the GST Act.

  • Brazil: Tax benefits of Manaus Free Trade Zone extended until 2073

    August 26, 2014

    Ricardo M Debatin Silveira and Gabriel Caldiron Rezende of Machado Associados have good news for investors in the state of Amazonas in the north of Brazil.

  • Malaysia: Clock is ticking for GST registration

    August 20, 2014

    With the introduction of the goods and services tax (GST) from April 2015, the Malaysian Customs Department has released its GST handbook to help prepare businesses for the new tax, but time is running out.

Compliance Management

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Tax Disputes

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  • New protocol to Canada-UK tax treaty could affect future tax disputes

    August 26, 2014

    Jeffrey Shafer and Ian Caines, of Blake, Cassels & Graydon, explain how the recent protocol to the Canada-UK tax treaty could induce a change in the way taxpayers approach disputes covering the two jurisdictions.

  • HMRC to close EBT settlement initiative

    August 21, 2014

    UK taxpayers have until March 2015 to eliminate employee benefit trusts (EBT) from their tax planning. However, the warning does not apply to every company that has used the technique, advisers say. A settlement initiative for employers who used Employee Benefit Trusts (EBT), as a tax avoidance vehicle will close in seven months’ time, HM Revenue and Customs (HMRC) has announced.

  • TEI raises concerns about Chinese GAAR

    August 21, 2014

    The Tax Executives Institute (TEI) submitted comments to China’s State Administration of Taxation (SAT) regarding its draft of administrative measures on general anti-avoidance rules (GAAR). The group, which represents the interests of in-house tax professionals, expressed concern that the new measures inappropriately expand the scope of GAAR and do not provide clarity to taxpayers.

ITR Magazine

More ITR Magazine
  • Environmental fiscal reform: Windows of opportunity

    August 06, 2014

    Constanze Adolf, of Green Budget Europe, looks at environmental fiscal reform (EFR) in a post-crisis context, assessing the prospects for EFR to raise government revenue and promote the polluter-pays principle.

  • Convergence or divergence: New reporting standards in India

    August 06, 2014

    India has announced the adoption of IFRS converged standards for financial reporting and tax accounting standards for the computation of taxable income. Sai Venkateshwaran, partner and head of the accounting advisory services group at KPMG in India analyses the impact and challenges of these announcements.

  • International updates - July/August 2014

    July 11, 2014

    The latest international updates from our correspondents around the world.

International Tax Review Profile

Government warned against corporate tax changes http://t.co/Fgn6tHKZqy via @IrishTimes

Aug 27 2014 06:45 ·  reply ·  retweet ·  favourite
International Tax Review Profile

New from @BlakesLaw: How #tax disputes could change following the recent protocol to the Canada-UK tax treaty http://t.co/ljdGk7cK51

Aug 26 2014 05:39 ·  reply ·  retweet ·  favourite
International Tax Review Profile

If you thought you had heard the last of Manaus after the World Cup, we have some #tax news about its free trade zone http://t.co/L3YkVzWwL9

Aug 26 2014 05:37 ·  reply ·  retweet ·  favourite
International Tax Review Profile

@GlobalTaxAdvice appoints Alain Recoules as new global #indirecttax leader http://t.co/CgvYQzFGeD

Aug 26 2014 02:36 ·  reply ·  retweet ·  favourite
International Tax Review Profile

#Singapore and #Rwanda sign #doubletaxagreement http://t.co/2zMCbF8Yds Full text here: http://t.co/oMTjb589FX

Aug 26 2014 11:49 ·  reply ·  retweet ·  favourite

Which possible outcome of the G20 / OECD BEPS project would carry the biggest fear for your company?