November 22, 2013
Four jurisdictions have received the thumbs-down from their peers in new compliance ratings issued by the OECD's Global Forum on Transparency and Exchange of Information for Tax Purposes.
November 01, 2013
Developing countries often impose withholding tax on payments for certain offshore services. Companies should be aware of where in the world this occurs and the potential protection under tax treaties so they can plan accordingly, says Konstantin Korobchenko of EY and the University of Leiden.
October 22, 2013
Find out which firms have been ranked in World Tax 2014, the annual directory of the leading tax advisory and law firms, is now live online.
September 16, 2013
The IRS has published "technical corrections" to the final FATCA regulations, reports Burt Staples & Maner
August 14, 2013
The third edition of International Tax Review’s Tax Controversy Leaders guide is out now. Find out who the top-rated disputes specialists are in your jurisdiction.
August 01, 2013
The European Court of Justice (ECJ) has followed its decisions in previous exit tax cases such as National Grid Indus by declaring Denmark’s rules against EU law, but has added that member states are permitted to define additional taxable events to charge taxpayers whose assets may never be realised.
June 19, 2013
Denmark’s largest listed company, Novo Nordisk, has been hit with transfer pricing adjustments of DKK 22 billion ($3.95 billion) by the Danish tax authority (SKAT) resulting in an increased tax bill of DKK 5.5 billion.
May 20, 2013
International Tax Review has produced tax disputes reference guides for 26 countries. The guides look at how multinationals can avoid and manage tax disputes in each jurisdiction as well as offering insight about the future litigation strategies of individual tax authorities.
May 16, 2013
Rosneft, the Russian energy company, was named as European in-house team of the year for direct tax at International Tax Review’s European Tax Awards last night.
May 14, 2013
Norway is to implement changes to the corporate tax regime in a bid to stimulate investment and maintain competitiveness with other European countries, with a company tax cut and an increased depreciation allowance on the horizon.
April 18, 2013
Ireland has won a case (C-85/11) in the European Court of Justice (ECJ) against the EU Commission over allowing holding companies and other non-taxable persons to be included in VAT groups.
April 10, 2013
The European Court of Justice (ECJ) yesterday ruled that non-taxable entities such as holding companies are permitted to join VAT groups, dismissing an action brought by the European Commission against Ireland and confirming a solution to BAA’s (now Heathrow Airport Holdings) England and Wales Court of Appeal defeat in the process.
April 10, 2013
Foreign financial institutions (FFIs) now have a good indication of the information they will need to register for compliant status, under America’s Foreign Account Tax Compliance Act (FATCA), and the detail the Internal Revenue Service’s monthly list of compliant FFIs could include.
April 08, 2013
In-house tax departments, both big and small, have extra chances at recognition at International Tax Review’s European Tax Awards 2013 presentation at the Dorchester hotel in London on May 15.
April 04, 2013
Brazilian taxpayers remain in suspense after the Supreme Federal Court (STF) began its judgment in Extraordinary Appeal 611,586 on the constitutionality of Brazil’s controlled foreign company (CFC) rules yesterday, only to suspend the full verdict until next week.
April 03, 2013
The research has now started for the new edition of World Tax and the first edition of World Transfer Pricing, International Tax Review's directories of leading tax and transfer pricing firms around the world.
March 27, 2013
March 26, 2013
Finland will cut its corporate tax rate from 24.5% to 20%, effective from January 1 2014. The move has been prompted by concerns about competitiveness and comes in response to falling rates around Europe.
March 20, 2013
The lack of certainty on the VAT status of bundled supplies is causing problems for taxpayers across Europe, according to advisers at Baker & McKenzie’s ITEM conference in London.
March 18, 2013
Hans Severin Hansen, of Plesner, looks at where the Danish tax authorities (SKAT) will be focusing their resources in future and what engagement opportunities are open to large taxpayers to help cut the risk of disputes.
March 14, 2013
Multinationals with operations in Denmark may be able to profit from a recent ruling by the country’s National Tax Tribunal (NTT).
March 05, 2013
The Danish government has presented its plan for growth (Growth Plan DK), which includes a reduction of the corporate tax rate from 25% to 22%, with a Bill expected to be tabled in the coming months.
January 24, 2013
The European Tax Awards are back in 2013, even bigger and better than before.
January 18, 2013
The US Treasury and IRS have published 544 pages of final regulations about how the controversial information reporting legislation should work.