Copying and distributing are prohibited without permission of the publisher

Top Stories

  • Planning it safe: Less risk and more substance

    April 26, 2017

    Tax planning is adapting to reflect a more transparent and technological world, bringing with it a change in attitudes and new challenges for taxpayers. The decisions made now should not be underestimated as they could have unexpected consequences later.

  • CbCR nears: Reputational risk perceptions

    April 26, 2017

    Country-by-country reporting (CbCR) deadlines are approaching and MNEs are carefully preparing the information and diligence behind the numbers. CbCR brings us to the next phase and Keith Brockman asks how reputational risk will be questioned by the public (if disclosed) and defended or ignored by MNEs and tax administrations.

  • Indirect Tax Forum: Highlights

    April 26, 2017

    On March 30, International Tax Review hosted its Indirect Tax Forum at the Hyatt Regency Hotel in Düsseldorf, Germany, in association with WTS. The day was a great success, with open dialogue from in-house tax professionals, tax advisers and campaigners. Here, conference host Joe Stanley-Smith presents some of the highlights from the day.

  • Amazon and its lessons for transfer pricing professionals

    April 26, 2017

    In light of the US Tax Court’s decision in Amazon v. Commissioner of Internal Revenue, many important predictions have been made about the impact this case will have on future transfer pricing litigation. However, it is important to look at the valuable lessons that should be learned by practitioners, corporations, attorneys, and tax authorities when documenting intercompany transactions, specifically intangibles. John Wiora, director of operations at ktMINE, investigates.

  • CRS allows taxpayers to avoid detection as loopholes remain

    April 26, 2017

    Financial institutions are busy filing their first reports to tax authorities to comply with the common reporting standard (CRS), but loopholes in the global measure mean some taxpayers can remain undetected. Amelia Schwanke highlights the gaps appearing and the jurisdictions enabling them.

Corporate Tax

More Corporate Tax
  • Trump’s tax plan leaves many questions unanswered

    April 27, 2017

    Secretary of the Treasury Steven Mnuchin and other members of his team unveiled a broad set of goals and “core principles” for US tax reform, but skirted around several questions that would have provided more detail and clarity.

  • UK election could see tax bombshell hit businesses and investors

    April 26, 2017

    The UK political parties have begun jostling for votes ahead of the June 8 snap general election and the battle has already moved to taxation. So what will UK politics mean for businesses and their tax affairs?

  • Oxfam report: Large US multinationals stash billions offshore

    April 12, 2017

    Oxfam claims that the 50 largest US companies, including global brands Alphabet (Google), Pfizer, Goldman Sachs, General Electric, Chevron, Wal-Mart, Walt Disney and Apple, stashed $1.6 trillion offshore in 2015 to avoid tax – $200 billion more than the previous year.

Indirect Tax

More Indirect Tax
  • UK losing billions from leaky online VAT laws

    April 27, 2017

    The UK is losing between £1 billion and £1.5 billion ($1.3-1.9 billion) to online VAT fraud and errors per year, a new report has said. The report comes just days after the EU said it could fine the UK €2 billion for failing to charge customs duties on the import of Chinese goods.

  • GCC VAT: Half of businesses have not begun preparing – they must start now

    April 13, 2017

    Half of all businesses and MNEs operating across the Middle East or selling into the region have not started preparing for the new VAT system that is scheduled to be implemented on January 1 2018.

  • Belgium introduces exit tax rules as it implements ATAD

    April 06, 2017

    Belgium introduces a deferred payment regime for companies required to pay exit taxes on the cross-border relocation of assets, migration or restructuring in line with the EU Anti-Tax Avoidance Directive (ATAD).

Compliance Management

More Compliance Management
  • UK losing billions from leaky online VAT laws

    April 27, 2017

    The UK is losing between £1 billion and £1.5 billion ($1.3-1.9 billion) to online VAT fraud and errors per year, a new report has said. The report comes just days after the EU said it could fine the UK €2 billion for failing to charge customs duties on the import of Chinese goods.

  • Trump’s tax plan leaves many questions unanswered

    April 27, 2017

    Secretary of the Treasury Steven Mnuchin and other members of his team unveiled a broad set of goals and “core principles” for US tax reform, but skirted around several questions that would have provided more detail and clarity.

  • Corporates seek stability as uncertainty grows in Asia-Pacific’s tax landscape

    April 26, 2017

    Companies want tax regimes across the Asia-Pacific region to be more consistent and predictable, but believe they are becoming increasingly complicated in countries such as India and China, according to a recent survey.

Tax Disputes

More Tax Disputes
  • Chevron’s landmark loss against ATO sets a precedent

    April 28, 2017

    The Australian Tax Office (ATO) will go after other multinationals that it believes to be guilty of tax avoidance after winning a landmark transfer pricing case against global oil and energy company Chevron over shifting profits to the US.

  • India uncovers thousands of shell companies and $2 billion in fake transactions

    April 07, 2017

    The Indian government’s efforts to tackle the black economy has led to a crackdown against thousands of shell companies and tax bills to recover billions in unpaid taxes. The revenue department has warned of further intensified action over the coming days.

  • Rio Tinto to challenge A$447 million Australian tax bill

    April 07, 2017

    The Australian Taxation Office (ATO) has issued tax assessments to seven multinational companies for a total of A$2.9 billion ($2.2 billion) in alleged unpaid taxes. Mining giant Rio Tinto is the first to come forward and says it will challenge the unfair assessment.

ITR Magazine

More ITR Magazine
  • International updates - May 2017

    April 28, 2017

    The latest international updates from our correspondents around the world.

  • CbCR nears: Reputational risk perceptions

    April 26, 2017

    Country-by-country reporting (CbCR) deadlines are approaching and MNEs are carefully preparing the information and diligence behind the numbers. CbCR brings us to the next phase and Keith Brockman asks how reputational risk will be questioned by the public (if disclosed) and defended or ignored by MNEs and tax administrations.

  • Indirect Tax Forum: Highlights

    April 26, 2017

    On March 30, International Tax Review hosted its Indirect Tax Forum at the Hyatt Regency Hotel in Düsseldorf, Germany, in association with WTS. The day was a great success, with open dialogue from in-house tax professionals, tax advisers and campaigners. Here, conference host Joe Stanley-Smith presents some of the highlights from the day.

People Moves

More People Moves
International Tax Review Profile

Good progress son #ATAD2 after EU MEPs voted today to stop MNEs using hybrid mismatches to avoid tax

Apr 27 2017 11:15 ·  reply ·  retweet ·  favourite
International Tax Review Profile

ITR agrees that Trump's tax plan was hugely disappointing.Announcing a 15% corporate tax rate will only trigger a… https://t.co/vNwCvfudky

Apr 27 2017 11:01 ·  reply ·  retweet ·  favourite
International Tax Review Profile

It appears as though a 15% corporate tax rate may go ahead in the US. #UStaxreform Will this spark another #racetothebottom?

Apr 26 2017 03:05 ·  reply ·  retweet ·  favourite
International Tax Review Profile

UK football clubs are being watched by the taxman: Newcastle United and West Ham raided in HMRC tax investigation https://t.co/RwcNfeMdiU

Apr 26 2017 11:22 ·  reply ·  retweet ·  favourite
International Tax Review Profile

'Controversial' digital tax returns delayed after being dropped from Finance Bill  https://t.co/xypI4iKuGg via @telegraphnews

Apr 25 2017 12:54 ·  reply ·  retweet ·  favourite
International Correspondents