COMPLIANCE MANAGEMENT
Swedish Tax Agency reveals compliance secrets
Börje Noring, tax auditor and national adviser at the large companies tax office of the Swedish Tax Agency (Skatteverket), talks to International Tax Review about the agency’s plans for the year ahead, the challenges it faces, inter-jurisdictional cooperation, and why Sweden has such high compliance rates.
James Hardie’s litigation victory helps bottom line
The Australian Taxation Office played a crucial role in the annual results of James Hardie, which were announced this week.
CORPORATE TAX
National Grid Indus case spurs new exit tax rules for Norway
The Norwegian government last week submitted its revised budget to parliament, with changes relating to exit taxes, all arising from the ECJ’s decision in National Grid Indus.
Tackling non-taxation: harmonization vs linking rules
Tax authorities are increasingly engaging with one another to fight double non-taxation, and as the European Commission’s consultation on the issue closes next week, there is debate over the best approach to adopt.
INDIRECT TAX
China extends VAT pilot: national roll-out expected soon
After a successful introduction in Shanghai, China is extending its VAT pilot to five more cities.
Why LVCR abuse may be unpoliceable
Despite the UK government’s decision to remove low value consignment relief (LVCR) on mail order products from the Channel Islands to prevent big offshore retailers exploiting a VAT loophole, the EU’s final importation rules may be making LVCR unpoliceable.
TAX DISPUTES
Taxpayer victory in FII GLO at UK Supreme Court
Six claimants in the Franked Investment Income Group Litigation Order (FII GLO) had their claims for corporation tax refunds reinstated today, after a UK Supreme Court ruling said retrospective legislation issued by HMRC was in breach of EU law.
CRA responds to TEI’s transfer pricing questions
The Canada Revenue Agency (CRA) recently released its responses to a series of transfer pricing questions posed by Tax Executive Institute (TEI) members at a liaison meeting in December in 2011.
