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  • China streamlines taxpayer services

    October 31, 2014

    China has been accelerating its fiscal and tax reforms in recent years. The central government is keen to establish a healthy fiscal and tax system to help optimise allocation of resources, establish a fair market playground, and ultimately achieve prosperity of the nation. Wang Jun, Minister of Taxation of the People's Republic of China, outlines how the government is achieving this.

  • Time is up for the double Irish

    October 14, 2014

    The Irish government announced in its 2015 Budget today the abolition of the so-called double-Irish structure and its intention to introduce an income-based system for the taxation of intellectual property, which it is calling a Knowledge Development Box.

  • European IP tax regimes set for reform after UK-Germany agreement

    November 11, 2014

    The scope of the UK Patent Box regime is to be restricted after Germany and the UK reached agreement to reduce the competitive advantages it provides. The restrictions are likely to be extended to other European intellectual property (IP) tax regimes.

  • GST reform expected to make appearance in Australia’s 2015 white paper

    November 12, 2014

    In 2015, the Australian government is releasing a white paper on tax policy reform, which analysts expect will include suggestions to increase goods and services tax (GST) rate and expands its base.

  • EU and OECD move forward on administrative coooperation directive and Common Reporting Standard

    October 10, 2014

    Fifty countries, including 26 of the EU’s 28 member states, though not the US, have signed up to be early adopters of the Common Reporting Standard (CRS), the instrument unveiled by the OECD in July to implement the global exchange of tax information.

  • Capital gains tax issue still unresolved ahead of momentous Shanghai-Hong Kong Stock Connect launch

    November 12, 2014

    While Beijing’s lawmakers are preoccupied with the APEC (Asia-Pacific Economic Cooperation) summit, traders and brokers are holding their breath to hear whether gains under the new Shanghai-Hong Kong exchange, called Stock Connect, will be exempt from China’s 10% capital withholding tax on foreign investors.

  • Extending the G20 tax mandate

    October 06, 2014

    Examinations of how tax systems can promote growth and the use of tax incentives in developing countries, and capacity building are all important parts of the G20’s expanding tax work, argues Jeffrey Owens, Director, Vienna University’s Global Tax Policy Centre.

  • The European Tax Awards 2015 season kicks off on Monday December 1

    November 20, 2014

    That is when companies and firms will be able to download the submission forms from this website and compete for the awards, which are now in their 11th year. The closing date for submissions is Monday February 2 2015 and the awards will be presented at a dinner at the Grosvenor House hotel in London on Thursday May 21 2015.

  • Ireland’s tax deals with Apple “constitute state aid”; Luxembourg’s Amazon arrangement also called into question

    October 06, 2014

    Amazon has been drawn into a European Commission (EC) investigation into the tax regimes of three member states: Ireland, Luxembourg and the Netherlands. The EC has said its preliminary view on Ireland is that “the tax rulings of 1990 (effectively agreed in 1991) and of 2007 in favour of the Apple group constitute state aid”.

Corporate Tax

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  • G20’s tax evasion concern stymies Australia’s patent box scheme before it starts

    November 26, 2014

    Though base erosion and profit shifting (BEPS) took the front seat during meetings between global leaders on November 15 and 16 at the G20 forum, country leaders also expressed concern over the taxation of intellectual property (IP). Patent box regimes in particular were mentioned as a method used by large corporations to exploit tax incentives.

  • Top 500 American company ‘M Corporation’ owes China $137 million after tax evasion

    November 26, 2014

    On November 23 China’s Xinhua News, a state-run media company, ran a story on what it calls the “first major Chinese anti-avoidance case”. An American-headquartered corporation has admitted guilt for evading Chinese taxes and will pay the Chinese authorities 840 million yuan ($137 million).

  • Brazil: Tax incentives for the oil sector

    November 25, 2014

    In recent years, the Brazilian Government has granted significant tax relief to the oil sector, amounting to billions in savings for corporations.

Indirect Tax

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  • Battiau highlights OECD and EU overlap on VAT

    November 27, 2014

    Piet Battiau, head of consumption taxes at the OECD’s Centre for Tax Policy and Administration, believes the OECD is working effectively with other multilateral organisations and that common ground is being found on key indirect tax issues.

  • Ghanaian Budget introduces 17.5% petroleum tax, raises other taxes

    November 25, 2014

    Ghana has moved to cut its budget deficit and rate of inflation by introducing a new 17.5% petroleum tax and raising a raft of other taxes in its 2015 Budget, delivered last week.

  • EC’s Raponi speaks about future of EU VAT mini one-stop shop

    November 21, 2014

    Donato Raponi, head of the European Commission’s VAT Unit, has spoken about the potential for the scope of the EU’s VAT mini one-stop shop (MOSS), which will be rolled out from January 1 2015, to be expanded further.

Compliance Management

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Tax Disputes

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ITR Magazine

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  • International updates - November 2014

    October 31, 2014

    The latest international updates from our correspondents around the world.

  • China streamlines taxpayer services

    October 31, 2014

    China has been accelerating its fiscal and tax reforms in recent years. The central government is keen to establish a healthy fiscal and tax system to help optimise allocation of resources, establish a fair market playground, and ultimately achieve prosperity of the nation. Wang Jun, Minister of Taxation of the People's Republic of China, outlines how the government is achieving this.

  • Digital goods enter the 21st century of taxation

    October 31, 2014

    Richard Asquith, VP of Global Tax Compliance at Avalara, explains upcoming changes to European Union VAT rules and how they will affect digital service providers from January 1 2015. The changes are contained within article 58 2006/122/EC of the EU VAT Directive and all 28 member states are in the process of ratifying the changes through local VAT legislation.

People Moves

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International Tax Review Profile

EUobserver / Juncker survives confidence vote over #Luxembourg #tax practices. 101-461, with 88 abstentions http://t.co/6wrWOHa7bx

Nov 27 2014 05:44 ·  reply ·  retweet ·  favourite
International Tax Review Profile

.@RichardJMurphy @CanRevAgency doesn't estimate #taxgap because it would be "inaccurate" and "of limited utility" http://t.co/0rVsFmwUyf

Nov 27 2014 12:15 ·  reply ·  retweet ·  favourite
International Tax Review Profile

RT @katiewalshAFR: Eager to see which companies land in court next year in ATO $1.5bn profit shifting crackdown: http://t.co/DZ7RVnr0j5 #ta…

Nov 27 2014 12:06 ·  reply ·  retweet ·  favourite
International Tax Review Profile

Why #Singapore risks losing top spot in #Asia for regional headquarters http://t.co/XnvV9GpHRl #BEPS

Nov 27 2014 12:02 ·  reply ·  retweet ·  favourite
International Tax Review Profile

#SmithCommission: @GOVUK @scotgov will work together to avoid #doubletaxation and make tax admin simple as possible http://t.co/iWFd0uLNLD

Nov 27 2014 11:33 ·  reply ·  retweet ·  favourite
International Correspondents

After the Irish budget, what would make you more likely to put more substance into Ireland?