Corporate Tax Archive

• December 2015

  Will CCCTB succeed this time?

  December 18, 2015

  We are living in an era where ‘tax avoidance’ is a popular theme amongst voters and, hence, politicians. This is in spite of the fact that tax avoidance is legal – it is tax evasion that is illegal.

• The Cunningham column: China gets ready to lead tax world in 2016

  December 15, 2015

  China will be at the forefront of BEPS implementation in 2016, as president of the G20. Ralph Cunningham says it is a big opportunity for a non-OECD member to shape the international tax system.

• The Brockman brief: BEPS implementation: A holiday wish

  December 15, 2015

  Drafters of the new base erosion and profit shifting (BEPS) actions and precision watchmakers share a common wish; that their immeasurable efforts devoted to refining and juxtaposing complex parts result in an instrument that is respected and trusted around the world.

• BEPS Special

  December 15, 2015

  Matthew Gilleard introduces this exclusive, comprehensive insight into the work of the OECD in the area of countering tax base erosion and profit shifting (BEPS). Within these covers you will find out about the key messages delivered under each of the OECD’s 15 Actions, direct from the individuals responsible for putting each aspect of the project together.

• Intercompany charges below EBIT: A double-edged sword

  December 15, 2015

  Luis Abrantes, tax director and head of transfer pricing at Carlsberg Group, draws on practical experiences to unpick the intricacies of intercompany charges.

• 2016 Look-Ahead: BEPS implementation to dominate international tax landscape

  December 15, 2015

  With the final deadlines for the OECD’s BEPS Project falling at the end of this year, 2016 was always going to be a year dominated by questions about implementation. While BEPS-related activity is not the only issue on the horizon, that alone will ensure multinationals are kept busy over the next 12 months. Joe Stanley-Smith and Matthew Gilleard look through the peephole to analyse taxpayer hopes, fears and expectations for the year ahead.

• India and Korea: New memorandum suspends tax collection during MAP

  December 14, 2015

  India and South Korea have signed a new MoU [memorandum of understanding] tax treaty on December 9 to strengthen the ease of doing business in each country.

• Pfizer-Allergan: How the US tax code is pushing companies through the exit door

  December 11, 2015

  Pfizer’s $160 billion acquisition of Allergan shows that highly-mobile American companies are still looking to “self-help” action such as inversion as the US tax code fails them on competitiveness.

• European Tax Awards 2016: Submission period now open

  December 10, 2015

  Companies and firms can now enter for the European Tax Awards 2016.

• China - Looking Ahead (5th edition) now available

  December 09, 2015

  The 5th edition of China - Looking Ahead, published in association with KPMG, is now available online.

• Treaty analysis: South Africa and Kenya’s double taxation agreement

  December 08, 2015

  A new double tax treaty (DTT) between South Africa and Kenya has been passed by officials which will strengthen capital import rules and will take effect from January 1 2016.

• Taxpayers fearful as EC investigates Luxembourg’s tax treatment of McDonald’s

  December 07, 2015

  Taxpayers in Luxembourg are waiting nervously for the European Commission to add to the list of companies it is scrutinising under state aid laws after McDonald’s became the latest multinational to be investigated.