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  • Cross-border tax avoidance and evasion – A developing Asia perspective

    April 11, 2014

    Satoru Araki, of the Asian Development Bank, argues that more regional cooperation will help developing countries in Asia to contribute better to the discussion about changing international tax rules and to improve their tax administration capacity.

  • World Tax 2015 and World Transfer Pricing 2015: Research open

    April 10, 2014

    The research has started for World Tax 2015 and World Transfer Pricing 2015, International Tax Review's directories of the leading tax and transfer pricing firms around the world.

  • Nominations announced for European Tax Awards 2014

    April 10, 2014

    Deloitte and EY lead the race for International Tax Review’s 10th annual European Tax Awards, which will be presented at a dinner in London on May 21.

  • Reform erodes benefits of Mexican tax consolidation regime

    April 09, 2014

    The 2014 tax reform has abolished the previously-generous consolidation regime.

  • International updates - April 2014

    March 31, 2014

    The latest tax updates from around the world.

  • M&A Focus 2014 now available

    March 20, 2014

    M&A is on the up, particularly in emerging markets, such as China, Colombia and Mexico. Taxpayers expect to complete more divestitures but there are still issues for them to negotiate. This year's annual M&A supplement provides useful tips for negotiating the tax implications of M&A globally.

  • UK Budget: Welcome certainty for business as lobbying efforts pay off

    March 19, 2014

    Taxpayers craved certainty from the UK budget today and that is broadly what they got. George Osborne, the chancellor of the exchequer, even resisted the temptation to increase the bank levy, a regular measure in recent budgets, though the charge itself is set for a redesign.

  • Asia Transfer Pricing Focus 2014 now available

    March 14, 2014

    Leading transfer pricing advisers from KPMG in Australia, China, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, New Zealand, the Philippines, Singapore, Taiwan, Thailand and Vietnam bring you insights and advice from across the region.

  • US signs FATCA intergovernmental agreements with Chile and Finland

    March 12, 2014

    Chile and Finland have become the 23rd and 24th jurisdictions to sign bilateral intergovernmental agreements (IGA) to implement the Foreign Account Tax Compliance Act (FATCA) as the US moves slowly towards signing more than 50 with jurisdictions around the world.

  • Obama and Camp tax plans show distance left to travel on US tax reform

    March 07, 2014

    Reform of the US tax system is still a long way off judging by the differences between the proposals in the 2015 Budget which President Obama released this week and the plan of Dave Camp, the House Ways and Means Committee chairman, which came out a week earlier.

  • Swiss Focus 2014 now available

    March 07, 2014

    If one country has been a trailblazer in using the tax system to attract investment, it is Switzerland. But against a backdrop of international reforms and pan-European harmonisation, the scope for challenge of national regimes is increasing. Compliance initiatives such as the US FATCA, and the way it has been imposed on financial institutions and tax authorities around the world, highlight that outliers will no longer be tolerated. With this in mind, the 3rd edition of ITR's Swiss Focus brings you the latest domestic developments and analysis of how multilateral reforms are impacting taxpayers in Switzerland.

  • Chidambaram brings Indian DTC Bill back into focus

    February 28, 2014

    While this month’s interim Budget in India was merely a vote-on-account and went largely unheralded in the corporate tax world, Finance Minister Palaniappan Chidambaram did make pledges regarding the Direct Taxes Code (DTC) and goods and services taxation (GST).

  • Introducing the Fair Tax Mark

    February 26, 2014

    Inspired by the Fair Trade Mark, the Fair Tax Mark is a new standard to promote companies pursuing ethical tax policies and reward good behaviour among taxpayers. Richard Murphy, founder and technical director of the campaign, explains why it is necessary.

  • The unique challenges facing US inbound companies

    February 26, 2014

    Tax departments around the world are facing growing demands to do more with fewer resources. Joel Walters, inbound tax leader for PwC US, explores how in-house teams can successfully navigate the new corporate tax landscape in light of increased scrutiny on tax planning processes, reporting requirements and compliance initiatives.

  • Tax reform: An incomplete revolution - special focus

    February 26, 2014

    Last year saw the pace of tax policy changes across the world step up a gear. But the tax revolution is far from complete. From BEPS to US corporate tax reform and the EU financial transaction tax, many of the key initiatives that dominated the headlines in 2013 will continue to gather pace in 2014.

  • Canada unveils new Offshore Tax Informant Program

    February 21, 2014

    On January 15 2014, the Canada Revenue Agency (CRA) launched a new Offshore Tax Informant Program, or OTIP, under which awards may be paid to individuals providing information to the CRA about major incidents of international tax non-compliance.

Latest Magazine Issue

Latest Issue April 2014

Semeta’s legacy: The Commissioner’s greatest achievements

Algirdas Semeta, European Commissioner for Taxation, Customs Union, Audit and Anti-Fraud, has proven himself to be an ambitious reformer over the past four years. As Semeta approaches the end of his term, Salman Shaheen speaks to him about his greatest achievements, and what he wants to do before he leaves Brussels.


  • Managing TP risks in Nigeria: The importance of proactivity

    Nigerian transfer pricing rules are still in their relative infancy, but taxpayers must take adequate steps to prepare now if they are to effectively identify risk areas and plan with both the company policy and the prospect of audit in mind. Victor Adegite of KPMG Nigeria provides an overview and looks at what lessons can be learnt from experiences around the world.

  • The journey into the future for Swiss principal companies?

    Urs Landolf, Martina Walt and Christoph Pauli of PwC explain the impact new interpretations of principal company taxation by the Swiss federal tax authorities will have on all existing companies benefiting from circular no 8.

  • Teamwork central to Telefônica’s tax compliance in Brazil

    Vasco Gruber Franco is head of tax for the Telefônica group in Brazil. He previously worked on the advisory side at Arthur Andersen, and has held other in-house roles at DuPont and Philip Morris. Here, he talks to Matthew Gilleard about heading up a tax department in Brazil.

  • Europe’s plan for FTT fails to convince

    Andrew Thomson of Sullivan & Cromwell believes the Robin Hood Tax Campaign's justification for an EU financial transaction tax, published in the February issue, is flawed.

  • Tax technology a key component of globalisation planning

    The need for holistic, end-to-end solutions to assist global tax teams in managing the entire life cycle of reporting, compliance, audits and planning across all tax types around the world has never been more critical, believe Chris Walsh and Bernadette Pinamont of Vertex.

  • The global harmonisation of exchange of information

    Corporate tax reporting in an era of exchange of information is still uncertain, but, as Samantha Merle, Sumeet Hemkar and Katrina Dautrich-Reynolds, of Taxand explain, taxpayers can still take steps to prepare for the introduction of new regulations.

  • Operational TP: When tax function meets finance function

    Frank Schoeneborn, head of global operational transfer pricing in the finance and accounting division at Merck Group with headquarters in Germany, looks at the practical problems in the implementation of operational transfer prices, illustrating the new tax risks stemming from these problems and showing how holistic management can be the solution.

  • India: Profit attribution to permanent establishments

    Sanjay Sanghvi and Ashish Mehta of Khaitan & Co. analyse recent tax rulings dealing with the attribution of profits to permanent establishments, looking at what multinationals can do to avoid becoming embroiled in similar disputes in the future.

  • Indian transfer pricing changes take time to benefit taxpayers

    Transfer pricing reforms, such as the introduction of safe harbour rules, have not reduced litigation or cut the compliance burden in India. And the government’s approach to the BEPS project could increase reporting requirements, explain Rajendra Nayak and Shweta Pai of EY.

  • Implications for maquiladoras of the 2014 Mexican tax reform

    Ricardo León-Santacruz and Fernando Lujan of Sánchez-DeVanny Eseverri explain how the Mexican 2014 tax reform limits tax incentives and imposes new administrative burdens on the maquiladora sector, which is made up of wholly owned companies that process or assemble imported materials and parts into finished products for sale to the country of origin or other parts of the world.

  • Shared service centres require clear thinking

    Transferring processes to a shared service centre can work for a tax department, explain Robert Risse, tax director of Henkel, and Ruediger Loitz of PwC, but taxpayers should work out why they are doing it first.


Most read articles

Latest Issue

April 2014

Semeta’s legacy: The Commissioner’s greatest achievements

Algirdas Semeta, European Commissioner for Taxation, Customs Union, Audit and Anti-Fraud, has proven himself to be an ambitious reformer over the past four years. As Semeta approaches the end of his term, Salman Shaheen speaks to him about his greatest achievements, and what he wants to do before he leaves Brussels.

International Correspondents


What is your biggest FATCA concern?

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