Copying and distributing are prohibited without permission of the publisher

Latest Issue

Magazine archive
  • Risky business: How bad tax planning could get your company into trouble

    Tax planning is a gamble for many taxpayers. There is a fine line between a plan that saves a company millions and a plan that costs just as much in litigation. Knowing your risks is vital for survival. As this year’s Tax Planning Survey explains, managing these risks and knowing when to take the gamble is a prerequisite for hiring the right adviser.


Features

  • Battle lines drawn between OECD and Tax Justice Network

    Salman Shaheen looks at the two main camps working for tax transparency, the OECD and the Tax Justice Network (TJN), and finds out why they no longer agree on the best way to stamp out avoidance.

  • Leading forces in global transfer pricing revealed

    Transfer pricing is now a prominent and global economic consideration for governments, taxpayers and the societies in which they operate. Considering this there is an increasing number of official global organisations, NGOs, individuals, governments and companies working to promote its development and set practical guidelines for others to follow. Sophie Ashley finds out who, or what, international transfer pricing professionals think are the 2012 leading forces in global transfer pricing.

  • Tax reforms set to change real estate in Spain

    Víctor Viana and Luis Suárez de Centi of Uría Menéndez warn taxpayers that key tax amendments, along with an overhaul of the Spanish banking system, could have a big effect on international investments.

  • Changes to UK controlled foreign company legislation

    UK controlled foreign company (CFC) rules are going through a period of change. The government is trying to develop EC compliant legislation that achieves the twin objectives of minimising tax leakage through avoidance, while not being perceived as a barrier to business, so allowing the UK to remain commercially competitive, explains Ross Welland, tax partner at Haines Watts.

  • Transfer pricing adjustments can trigger withholding taxes

    Canada’s Federal budget in March 2012 included changes to the transfer pricing rules. Matthew Wall, a transfer pricing expert at MDW Consulting, and Susan Robins, an international tax lawyer at Robins Tax Law, explain the benefits for the tax authority and certain concerns for taxpayers and their advisers. Though required reading for Canadians, these changes should also interest other countries particularly if they have a tax treaty with Canada or if they have issues that might be corrected by making similar changes.

  • Changes to German transfer pricing regulations affect PEs

    The German Ministry of Finance published a draft Bill of the Annual Tax Act for 2013. The publication, dated March 5 2012, will implement several EU as well as OECD regulations into the German Tax Law. Oliver Wehnert and Ivo Tankov of Ernst & Young explain what these changes mean for taxpayers and their transfer pricing operations.

  • Ireland: always open for business

    Ireland continues to attract investment across a wide range of sectors. Pádraig Cronin and Louise Kelly of Deloitte explain why Ireland is an ideal location for multinationals looking to take advantage of the country’s low tax rate and advantageous geographical reach.

  • Risky business: How bad tax planning could get your company into trouble

    Tax planning is a gamble for many taxpayers. There is a fine line between a plan that saves a company millions and a plan that costs just as much in litigation. Knowing your risks is vital for survival. As this year’s Tax Planning Survey explains, managing these risks and knowing when to take the gamble is a prerequisite for hiring the right adviser.

  • How to effectively manage new mining taxes

    Paul McCartin and James Strong of PwC Australia outline some of the issues the head of tax at a mining company might wish to take into account when mitigating risks associated with the country’s new mining tax, including possible strategies to develop robust audit defence.

  • The taxation of German offshore wind farms

    In June 2011 the German parliament decided to significantly limit the useful life of German nuclear power plants. Stefan Schultes-Schnitzlein and Michael Dettmeier of Hogan Lovells explain peculiarities of German taxation of wind farms in offshore sites within the German exclusive economic zones.

  • UK tax and North Sea decommissioning

    William Arrenberg and Isaac Zailer, of Herbert Smith, consider the uncertainties created by the UK tax and regulatory regime associated with North Sea decommissioning. They then compare the difficulties faced by companies in the UK with the position in a number of other jurisdictions, before finally considering the recent UK budget announcement aimed at reducing the uncertainty relating to decommissioning tax reliefs.

  • The consequences of Brazil’s ICMS tax war

    Júlio de Oliveira and Carlos Eduardo de A Navarro of Machado Associados find out what Brazil’s sales tax war between the states means for taxpayers.

  • Why Germany’s new supply rules are bad news for business

    Germany recently amended its VAT rules on what evidence is required to exempt intra-Community supplies. As of July 1 2012, the exemption for intra-Community supplies originating from Germany only applies if the supplier can produce a Gelangenbestätigung, which has been signed by the customer. Martin Morawski and Johan Visser of Baker & McKenzie look at what this means for businesses.

  • Shifting tax responsibility from civil to criminal

    Raffaele Rizzi, group general counsel at Monte dei Paschi di Siena bank explains the consequences of the Italian government’s approach to tax and how a recent ruling of the Italian Supreme Court takes this approach to the extreme.

  • UK rules on stamp duty reserve tax

    In February the UK First-tier Tribunal delivered a landmark stamp duty reserve tax ruling. Michael Quinlan and Marguerite Sheldon of Deloitte, who acted for the taxpayer in the case, scrutinise the decision and explain why it has ramifications beyond UK stamp duty.

  • Euromoney LMG Europe Women in Business Law Awards 2012


News Analysis



Editorial


Tax Relief

  • Tax Relief

    A monthly commentary on the notable facts, figures and goings-on in the tax world. Suitable items should be sent to taxrelief@euromoneyplc.com


International Correspondents


International Tax Review Profile

RT @BrigitteAlepin: So proud of the new book WINNING THE TAX WARS. Bringing together well-known tax experts, this book presents outstanding…

Dec 7 2017 04:08 ·  reply ·  retweet ·  favourite
International Tax Review Profile

REVEALED: The top 10 of ITR's #GlobalTax50 2017 is out now. Find it here: https://t.co/IXiaRrE3vH (subscription or free trial required)

Dec 7 2017 01:42 ·  reply ·  retweet ·  favourite
International Tax Review Profile

ITR has opened the submissions period for the European Tax Awards 2018. Full details here: https://t.co/WKBWijhBgt

Dec 6 2017 01:40 ·  reply ·  retweet ·  favourite
International Tax Review Profile

@aloysrigaut @AuroChardon @ElodieLamer @JeanComte @diego_bxl @bsmithmey @afpfr @pierremoscovici @EU_Taxud @EU2017EE… https://t.co/oS4sDvQtdL

Dec 5 2017 04:55 ·  reply ·  retweet ·  favourite
International Tax Review Profile

RT @AuroChardon: Is this it? https://t.co/O1XhoWQw2F 17 #taxhavens, mostly tiny countries or emerging economies on the #EUblacklist? ❌Swit…

Dec 5 2017 02:25 ·  reply ·  retweet ·  favourite
International Correspondents