Copying and distributing are prohibited without permission of the publisher

UK Archive

  • October 2017

    Amazon and eBay profiting from foreign traders avoiding UK VAT

    October 18, 2017

    The UK is losing billions of pounds in revenues each year from online VAT fraud committed by foreign traders. But with Amazon and eBay profiting from the fraudsters, and HMRC not doing enough to tackle the problem, is collaboration or conviction the better solution?

  • ECJ clarifies VAT treatment of hire purchase contracts in Mercedes case

    October 12, 2017

    Businesses could find VAT accounting easier after the European Court of Justice (ECJ) ruled that hire purchase-like contracts, which include an option to buy, should be treated as a supply of goods, rather than services, if exercising this option is the lessee’s obvious choice.

  • RSM appoints Sophie St John

    October 12, 2017

    Sophie St John has joined RSM as a private client partner in its client legal services practice, which offers tax and wealth advice to individuals, trustees and estates.

  • UK and Ireland brace for customs chaos as ‘no-deal’ Brexit looms

    October 10, 2017

    The UK has released a white paper examining possibilities for its post-Brexit customs system once it leaves the EU’s customs union, and a more revealing report by Ireland’s Revenue has added further detail.

  • Esther Wood and Simon Sutcliffe join Blick Rothenberg

    October 05, 2017

    Esther Wood and Simon Sutcliffe have joined the accounting, tax and advisory practice at Blick Rothenberg in the UK.

  • EU VAT gap falls ahead of VAT reform to tackle fraud

    October 05, 2017

    The EU hopes that its plan to reform the VAT system, which includes changes to the digital single market, will make it more resilient to the massive level of fraud currently prevalent within its borders.

  • World Tax showcases the world’s top tax firms

    October 02, 2017

    International Tax Review and TP Week are proud to present World Tax 2018 and World Transfer Pricing 2018, the comprehensive guides to the leading tax advisory practices, including law and accountancy firms, around the world. Joe Stanley-Smith, World Tax editor, introduces the guides.

  • September 2017

    Will the UK one day tax robots?

    September 29, 2017

    With UK opposition Labour leader Jeremy Corbyn turning his attention to the dangers of automation for the labour market, might a future British government look to introduce a tax on robots?

  • Businesses not ready for new UK criminal liability for tax evasion

    September 28, 2017

    The UK’s Criminal Finance Act is effective from September 30 2017 and all companies operating in the UK and abroad could be liable to criminal penalties if they or their associates are found to be engaging in tax evasion practices, but many are not prepared for the new rules.

  • Fiona Fernie joins Blick Rothenberg as dispute resolution partner

    September 28, 2017

    Blick Rothenberg has appointed Fiona Fernie as a partner in its tax investigations and dispute resolution team in the UK.

  • Liz Pierson joins Squire Patton Boggs as tax partner

    September 27, 2017

    Squire Patton Boggs has appointed Liz Pierson as a partner in its tax strategy and benefits practice group in London.

  • EU to redesign tax net to catch online giants

    September 27, 2017

    The European Commission (EC) will set out a “strong and ambitious” vision on how to tax the digital economy in early 2018, targeting companies such as Google, Amazon, Microsoft and Apple.

  • What CETA means for taxpayers

    September 27, 2017

    The Comprehensive Economic and Trade Agreement (CETA) between the EU and Canada has provisionally entered into force, offering tax advantages for businesses.

  • ITR showcases the best women in tax in its latest guide

    September 25, 2017

    The third edition of the Women in Tax Leaders guide has been released, with several new countries and more than 150 new names included this year.

  • Sugar taxes forcing soft drinks giants to change, but they could be the ultimate winners

    September 20, 2017

    Soft drinks companies such as Coca-Cola are changing the way they invest due to the introduction of sugar taxes around the world. They claim that the taxes are doing more harm than good to each country’s economy and its citizens.

  • Will EU member states bring in a turnover tax on digital multinationals?

    September 20, 2017

    Ten EU member states agreed that large digital multinational such as Google, Amazon, Apple and Facebook will have to pay their ‘fair share of tax’. However, a lack of consensus around the core proposal for an equalisation tax remains.

  • Companies set aside billions as risk of UK tax disputes rise

    September 18, 2017

    UK FTSE 100 companies are putting more money aside than ever before to deal with the cost of tax litigation. These figures come a few days after the UK tax authority said it has yielded £312 million since the diverted profits tax (DPT) regime was introduced in 2015.

  • ECOFIN to consider virtual PE rules to tax digital MNEs

    September 13, 2017

    Multinational technology giants like Google, Amazon, Apple, Microsoft and Facebook could face higher tax bills under EU plans to introduce virtual permanent establishment rules. However, such rules could be difficult for governments to administer.

  • Tax authorities hone in on banks’ tax avoidance strategies

    September 13, 2017

    French bank BNP Paribas paid HMRC millions for ‘dividend stripping’ before a court ruled against the bank on the tax avoidance case. But this is just one case across four continents of such tax abuse.

  • Hall Morrice appoints Shona Duncan in new senior management post

    September 01, 2017

    Shona Duncan has been appointed as a senior tax manager to oversee Hall Morrice’s tax and payroll teams.

  • August 2017

    The world’s best tax controversy leaders revealed

    August 29, 2017

    The seventh edition of the Tax Controversy Leaders guide has been released, with more than 300 new names and seven additional countries this year.

  • Tax risk pendulum: Collaboration vs. uncertainty

    August 23, 2017

    Tax risk is a modern ‘term of art’ perception; this risk can be viewed as a pendulum. Keith Brockman looks at the advantages of corporate collaboration and threats of uncertainty and public distrust.

  • UK Criminal Finance Act imposes corporate tax evasion controls

    August 23, 2017

    All companies operating in the UK and abroad could be liable to criminal penalties if they or their associates are found to be facilitating tax evasion. Dominic Stuttaford, head of tax at Norton Rose Fulbright for the EMEA region, highlights the impact of the new Criminal Finance Act and what companies need to being doing now to ensure compliance.

  • Tax havens: An unnecessary evil?

    August 23, 2017

    The finance ministers of some of the world’s most notorious tax havens believe their countries’ policies are fair, robust and meet international standards. Anjana Haines cuts through the PR to see what role these jurisdictions play in an era of BEPS measures and increasing transparency.

  • Q&A: Gig economy taxation – Is it all about to change?

    August 23, 2017

    The tax regimes governing the gig economy, combined with the rules on self-employed individuals, have led to the success of companies such as Uber and Deliveroo. However, the Taylor Review on modern working practices has suggested radical changes that could change it all and stop other sectors adopting similar practices. Anjana Haines talks to the report’s author, Matthew Taylor, to discuss his recommendations and what they could mean for the future of the gig economy.

  • EU holding company structure in treaty shopping cases

    August 23, 2017

    The tax status and characterisation of passive holding companies has gained renewed interest with Article 7 of the OECD’s Multilateral Instrument (MLI) containing some reference to these entities. Mauro Manca of Giovannelli e Associati looks at how these structures can still work if there are sound organisational reasons in the MNE structure.

  • Avinash Persaud: The banker who designed FTT to tame City

    August 23, 2017

    Former managing director of State Street Bank and leading financial expert Avinash Persaud tells Salman Shaheen why he has designed a financial transaction tax (FTT) for Britain’s opposition Labour Party to help rein in the City of London.

  • France takes on digital corporations with EU tax harmonisation plans

    August 23, 2017

    The tax payments of Airbnb, Google, Facebook and Amazon have prompted the French finance minister to push, together with Germany, for the EU harmonisation of corporate tax rates. But will this solve the ‘paying a fair share’ argument, or does the problem lie with domestic PE rules?

  • Sports Direct emerges victorious over HMRC in VAT ruling

    August 21, 2017

    Sports Direct has won an appeal ruling against the UK tax authorities in a VAT case concerning de-coupling. Adam Peacock of Baker McKenzie looks at why the company won and what this decision means.

  • Diageo falls victim to France’s tougher tax stance

    August 16, 2017

    A tax battle with Google is clearly not enough for the French tax authority. Now it is engaging British drinks giant Diageo as it tries to shut down the tax advantages of multinationals.

  • eBay slaps businesses trading in UK with VAT

    August 09, 2017

    Since August 1, eBay has been charging VAT on its fees to businesses trading in the UK in a move to crack down on avoidance schemes. But do the measures go far enough?

  • Boost for HMRC after first GAAR ruling

    August 09, 2017

    Companies using employee benefits trusts to reward their employees need to review their structures after the first ruling from the UK’s GAAR panel went in favour of HMRC and reinforced the Supreme Court’s decision in the Glasgow Rangers case.

  • July 2017

    The Netherlands and UK sit at the heart of the global tax haven industry

    July 27, 2017

    Researchers from the University of Amsterdam have uncovered the extent of the role highly developed countries play in squirreling money into tax havens. But what is in it for them, and what can be done to tackle such practices?

  • EU case to set precedent on VAT treatment of rebates for parties outside the distribution chain

    July 27, 2017

    The ECJ will soon rule on a case involving global pharmaceutical company Boehringer Ingelheim that will set a VAT precedent for the pharmaceutical sector. Jan Sanders, indirect tax manager at RELX, discusses the impact of a ruling on this long-debated matter concerning the VAT treatment of supplies outside a distribution chain.

  • Blick Rothenberg strengthens global mobility team with new partner

    July 24, 2017

    Blick Rothenberg has appointed Lee Hamilton to partner at its global mobility tax team.

  • HMRC hails success of controversial APNs

    July 21, 2017

    UK tax authority HM Revenue and Customs (HMRC) has won every court challenge against its controversial accelerated payment notices (APNs) issued to individuals and businesses under enquiry for tax avoidance.

  • Avinash Persaud: The ex-banker who designed an FTT to tame the City

    July 20, 2017

    Former managing director of State Street Bank and leading financial expert Avinash Persaud tells Salman Shaheen why he has designed a financial transaction tax (FTT) for Britain’s opposition Labour Party to help rein in the City of London.

  • UK Taylor Review rocks the boat for tax compliance

    July 19, 2017

    The much-anticipated Taylor Review on modern working practices has suggested radical changes to the UK’s tax system that could raise the compliance burden for businesses. But will the recommendations see the light of day?

  • OPINION: Progressive tax policies are crucial to reducing inequality, and businesses should care

    July 18, 2017

    In the long-term it is important for businesses that gaping inequalities across the world are tackled and tax plays a big part in that, argues Salman Shaheen.

  • HMRC’s new customs system may not be ready in time for Brexit

    July 13, 2017

    The UK’s National Audit Office (NAO) has published a report on the progress of a new customs system. Questions remain about whether it will be ready in time for Brexit, and whether it will be fit for purpose.

  • New president appointed to UK First-tier Tribunal

    July 13, 2017

    The UK Courts and Tribunals Judiciary has appointed Gregory John Sinfield to president of the First-tier Tribunal’s Tac Chamber.

  • European Tax Awards 2017: Winners announced

    July 11, 2017

    Over 30 different firms and individuals won recognition for their unique achievements at this year’s European Tax Awards 2017 held at The Savoy, London.

  • The economics behind EU tax investigations: The way forward

    July 11, 2017

    The European Commission has made some surprising decisions in recent years about how tax rulings between multinationals and EU member states constitute state aid. In the second of this two-part series of articles, Carina Lange, senior consultant at CEG Global in the Netherlands, discusses how multinationals can maintain legal certainty and assess the risks associated with tax rulings.

  • Tax director 2.0

    July 11, 2017

    Tax work is being transformed by technology, and the role of the tax director is changing with it. Joe Stanley-Smith looks at the new tools on offer to businesses, the skills needed to use them properly, and why companies need to jump on the bandwagon sooner rather than later.

  • Can the race to the bottom be reversed?

    July 07, 2017

    Gathering for their annual conference, Tax Justice Network activists are gearing up for their next big battle: reversing the global race to the bottom on corporate tax rates and social protections.

  • HMRC scores against Glasgow Rangers in Supreme Court

    July 07, 2017

    HMRC has triumphed in its five-year dispute with Scottish football club Glasgow Rangers over the use of employee benefit trusts (EBTs) to avoid taxation. The case gives the UK tax authority a golden ticket to go after other individuals and companies that have used similar structures, but not all cases are likely to be easy wins for the tax authority.

  • After years of delay, has the FTT’s time finally come?

    July 05, 2017

    With finance ministers meeting in Brussels next week, Robin Hood Tax campaigners are ramping up the pressure. But will the financial transaction tax (FTT) see the light of day?

  • Dentons hires Alex Tostevin as a partner in London

    July 03, 2017

    Alex Tostevin has joined the London office of Dentons from Weil Gotshal & Manges, where he was a senior associate.

  • Q&A: Paul Morton talks tax simplification

    July 03, 2017

    After the UK Office of Tax Simplification (OTS) released its first ever annual report last week, Salman Shaheen spoke to its new tax director, Paul Morton, about the impact it has made and where it will be going under his leadership.

  • June 2017

    The world’s best indirect tax leaders revealed

    June 29, 2017

    The sixth edition of the Indirect Tax Leaders guide has been released, with more than 200 new indirect tax leaders recognised around the world.

  • Sovos hires Peter Russell-Smith as EMEA managing director

    June 27, 2017

    Tax compliance and reporting software provider Sovos has announced the appointment of Peter Russell-Smith to its newly created role of managing director, EMEA.

  • Final week to submit nominations for the Women in Tax Leaders guide

    June 26, 2017

    There are only a few days left to nominate the leading women in the tax advisory world for the third edition of the Women in Tax Leaders guide. The submission period closes on June 30.

  • India ramps up pressure on Cairn

    June 23, 2017

    After the long tax dispute between the Indian government and Cairn Energy, the Indian Income Tax Department (ITD) is demanding $350 million in payments from Cairn Energy, claiming the company owes $1.6 billion in unpaid taxes.

  • OPINION: The UK needs a VAT cut

    June 22, 2017

    As inflation bites and fraught Brexit negotiations begin under the uncertainty of a hung Parliament, and with a government that has had to scrap many of its pledges to cling to power, Salman Shaheen argues it is time to consider cutting VAT.

  • Are beneficial ownership registers the key to transparency or a waste of time?

    June 21, 2017

    The Financial Action Task Force (FATF) wants to enhance the implementation of international standards on transparency, and enable the exchange of beneficial ownership information. But the Australian Taxation Office’s (ATO) commissioner has declared beneficial ownership registers could be “a waste of time”.

  • European Commission to crack down on ‘supply side’ of tax avoidance

    June 20, 2017

    Leaked documents reportedly reveal the Commission is seeking to tighten its regulation of what activists term the ‘supply side’ of tax avoidance – the banks, law and accountancy firms that devise aggressive schemes.

  • Taylor Wessing appoints Graham Samuel-Gibbon as tax partner

    June 19, 2017

    Taylor Wessing has expanded its London tax & incentives practice, with the appointment of Graham Samuel-Gibbon as partner.

  • Hunt commences for VAT fraudsters in Canada and UK

    June 16, 2017

    An ongoing international investigation into an alleged carousel fraud has led to a crackdown by the Canadian and British governments on suspected fraudsters.

  • ECJ backs UK in Gibraltar Betting and Gaming Association case

    June 15, 2017

    The European Court of Justice (ECJ) has added to Gibraltar’s list of Brexit worries by ruling against the Gibraltar Betting and Gaming Association’s (GBGA’s) appeal for its members to be spared from paying the UK’s 15% consumption tax.

  • Will the European Public Prosecutor’s Office successfully tackle terror and VAT fraud?

    June 15, 2017

    Twenty EU member states have agreed to establish a Public Prosecutor’s Office to crack down on billions in VAT fraud. But will it prove effective and how will it impact multinational companies?

  • EU’s public CbCR loophole slammed for failures

    June 14, 2017

    Two European Parliament committees that adopted a draft report on public country-by-country reporting (CbCR) have received heavy criticism over a proposed ‘loophole’ that will allow MNEs to not publically disclose “commercially-sensitive” information.

  • Liz Truss takes over from David Gauke as UK’s Chief Secretary of the Treasury

    June 12, 2017

    Following the UK’s general election, which led to several government ministers losing their seats, former Justice Secretary Liz Truss, the MP for South West Norfolk, has taken the place of former Chief Secretary of the Treasury David Gauke.

  • What now for taxes as hung Parliament throws UK into uncertainty?

    June 09, 2017

    With 42.4% of the vote, the Conservative Party has lost its majority in Parliament and may now have to rely on the Democratic Unionist Party (DUP) for getting their tax measures passed.

  • Who benefits from carbon tax increases?

    June 08, 2017

    A recent report calls for a global effort to save the planet by introducing high carbon taxes, but will tough tax measures work and who will gain from them?

  • Skadden promotes Jonathon Egerton-Peters to counsel

    June 07, 2017

    Skadden Arps, Slate, Meagher & Flom has promoted barrister Jonathon Egerton-Peters to counsel in its London office. He has represented some of the world’s leading corporations and countries.

  • Corporate tax risks in developed nations grow

    June 07, 2017

    Tax executives have ranked the UK, US and Australia as having surpassed emerging markets, putting the countries among the top five tax risk countries as geopolitical events and uncertainty surrounding tax rules create insecurities.

  • MLI to create long-term uncertainty in tax planning

    June 07, 2017

    The signing ceremony of the OECD multilateral instrument (MLI) is a big step towards implementing tax treaty-related BEPS recommendations, but the potential for governments to ‘cherry-pick’ treaty amendments risks long-term problems.

  • May 2017

    EU adopts directive to tackle hybrid mismatches

    May 31, 2017

    The European Union (EU) Council has adopted rules to prevent multinationals using hybrid mismatch arrangements to avoid taxation, but the measures risk conflicts with national laws and could give rise to disputes.

  • OECD releases peer review criteria for BEPS Action 6

    May 31, 2017

    Governments have six months to prepare before peer reviews begin on how they meet the minimum standards of the BEPS project, including Action 6 on treaty shopping. But tax authorities could face some difficulties in meeting their targets.

  • The Brockman brief: Double taxation: Does it matter?

    May 30, 2017

    There is one topic that is seemingly silent by tax administrations, non-governmental organisations (NGOs), parliamentarians and international tax bodies: double taxation. Keith Brockman reviews the state of play and what can be done to help multinationals.

  • UK parties split over taxes

    May 30, 2017

    As the UK election approaches, the Conservatives, the Labour Party and the Liberal Democrats have presented their respective proposals on tax policy. Josh White examines the party manifestos.

  • Talking to the OECD: Tech disruption in tax administration

    May 30, 2017

    Peter Green, head of the Forum on Tax Administration (FTA) Secretariat at the OECD shares his views with the Inland Revenue Authority of Singapore (IRAS) and International Tax Review on how technology is changing the status quo for many industries and tax administrations with the constant emergence of new technologies and rising taxpayer expectations.

  • Transforming tax – under pressure

    May 30, 2017

    Tax departments are feeling the heat. A tsunami of changes is causing them to rethink their purpose and review how they operate. Mark Body, director, tax transformation (financial services) at KPMG in the UK, considers how corporate tax leaders are adapting to the changes, and what the future is likely to hold for them and their teams.

  • Using blockchain for transparent beneficial ownership registers

    May 30, 2017

    The OECD and the Financial Action Task Force (FATF) are considering how to improve implementation of the international standards on transparency, including on the availability of beneficial ownership information and its international exchange. Julia de Jong, Alexander Meyer, and Jeffrey Owens of the Global Tax Policy Centre at the Institute of Austrian and International Tax Law within the Vienna University of Economics and Business explore how blockchain technology could be used to achieve this goal.

  • The economics behind EU tax probes: What it means for you

    May 30, 2017

    Understanding competition economics can help multinationals and national authorities restore and maintain the legal certainty of tax rulings. In the first of a two-part series of articles, Carina Lange, senior consultant at CEG Global in the Netherlands, explains the approach the Commission is taking to assess whether tax rulings or systems distort competition and how it fits into the general economic assessment of state aid cases.

  • Wells Fargo found liable for penalties under abusive tax shelter scheme

    May 26, 2017

    A federal court in Minneapolis, US, has found financial institution Wells Fargo liable for a 20% negligence penalty in connection with $350 million of foreign tax credits that it claimed while participating in an abusive cross-border tax shelter, but it wasn’t all bad news for the bank.

  • UK parties split over taxes

    May 24, 2017

    As the UK election approaches, the Conservatives, the Labour Party and the Liberal Democrats have presented their respective proposals on tax policy.

  • EU finance ministers agree on MAP for double taxation disputes

    May 23, 2017

    Businesses operating in the EU could see their litigation and compliance costs fall considerably after the EU Economic and Financial Affairs Council (ECOFIN) agreed on a new system for resolving double taxation disputes within the 27-member bloc.

  • Salman Shaheen discusses Labour's UK FTT plans on TalkRADIO

    May 18, 2017

    Salman Shaheen, managing editor of International Tax Review, speaks to TalkRADIO’s Julia Hartley-Brewer about Labour’s plans for a financial transaction tax, should it win next month's UK general election.

  • RSM expands UK office with two senior tax professionals

    May 17, 2017

    Andrew Stackhouse and Anthony Cox have joined RSM UK’s office in Preston, Lancashire.

  • Corporate tax compliance burdens are rising despite lower tax rates and more incentives

    May 17, 2017

    Governments worldwide are seeking alternative means to attract businesses as global tax reforms and weak economic growth drive tax rates down, but the tax changes are anything but positive for businesses.

  • Taylor Wessing promotes two in UK tax and incentives group

    May 16, 2017

    Taylor Wessing has promoted Robert Young from partner to head of the tax and incentives group for the UK, and Anna Humphrey to tax and incentives partner.

  • Last chance to submit for World Tax and Transfer Pricing 2018

    May 15, 2017

    The submission period for World Tax and World Transfer Pricing 2018 has ended. Firms interested in making submissions should contact their country's researcher immediately if they have missed the deadline.

  • Diageo prepares to pay $138 million as it falls foul of UK DPT

    May 12, 2017

    UK multinational and alcoholic drinks producer Diageo is the first company that will have to make an upfront tax payment to UK tax authority, HMRC, before it can challenge preliminary notices of assessment issued under the diverted profits tax (DPT) regime.

  • Blick Rothenberg strengthens its corporate tax team with two additions

    May 11, 2017

    Blick Rothenberg has hired James Dolan and Daphne Hemingway as new partners in its corporate tax team.

  • Quinn Emanuel Urquhart & Sullivan appoints Liesl Fichardt as partner

    May 10, 2017

    Liesl Fichardt joins Quinn Emanuel Urquhart & Sullivan as a partner in its London office.

  • Quinn Emanuel Urquhart & Sullivan hires Liesl Fichardt

    May 09, 2017

    Liesl Fichardt has joined the London team at Quinn Emanuel Urquhart & Sullivan as a partner. Formerly a partner at Clifford Chance, Fichardt was the head of the Tax Investigations and Disputes practice.

  • HMRC showcases new powers with raids on Premier League football clubs

    May 04, 2017

    The offices of West Ham United and Newcastle United have been raided as part of a broad criminal tax fraud investigation by UK revenue authority HMRC, with English and French clubs in its sights.

  • April 2017

    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.

  • 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.

  • 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.

  • 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.

  • Proposed new tax regime targets real estate in Sweden

    April 26, 2017

    Sweden plans to introduce new rules on the taxation of commercial real estate that may complicate tax credits for foreign taxpayers and potentially result in double taxation. Richard Hedin Thyr, tax partner, and Hussein Abdali, tax adviser, at Skeppsbron Skatt, Taxand Sweden, analyse what these proposals could mean.

  • 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?

  • Equiom group expands eastwards with Solid Japan acquisition

    April 25, 2017

    International professional services provider Equiom has acquired Tokyo-based corporate services provider Solid Japan, thereby expanding its network to 11 jurisdictions.

  • 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.

  • Will a corporate tax cut attract MNEs to the US and Australia?

    April 12, 2017

    Rio Tinto has called on Australia and the US to cut their corporate tax rates to become more attractive investment locations, and it seems that Australian Prime Minister Malcolm Turnbull is listening. Will the US follow?

  • UHY Hacker Young merges with John A Tuffin & Co

    April 06, 2017

    The UK Hove office of UHY Hacker Young has merged with Brighton-based accountancy firm John A Tuffin & Co.

  • Technology uses grow to tackle tax fraud across the sharing economy

    April 05, 2017

    The sharing economy has offered numerous opportunities to individuals and businesses to minimise their tax liabilities, but tax authorities are now using sophisticated software to target those avoiding tax via platforms such as Airbnb, eBay, Amazon and Uber.

  • March 2017

    Joint international investigation targets tax evasion enablers and Credit Suisse

    March 31, 2017

    A joint international investigation, involving Australia, Germany, the UK and the Netherlands, has led to several arrests and an increase in inquiries against individuals involved in tax evasion that are linked to Swiss bank accounts at Credit Suisse.

  • Uber faces big VAT bill if tax campaign wins in UK court

    March 30, 2017

    Uber could be forced to pay millions of pounds in indirect tax if the UK High Court decides that the company should be charging VAT on its services. HMRC could also face questions as to why it did not take action at the first opportunity.

  • EU Parliament backs ATAD II to push ahead with hybrid mismatch rules

    March 29, 2017

    The EU Parliament’s Economic and Monetary Affairs Committee (ECON) has accepted proposals to end the use of hybrid mismatch arrangements by multinationals, but has made several amendments to expand the rules.

  • World Tax and World Transfer Pricing submissions open

    March 29, 2017

    The research period for World Tax and World Transfer Pricing 2018 has now begun. Firms interested in making submissions can download the relevant forms from this page.

  • Sugar tax: The winners and losers

    March 23, 2017

    Countries worldwide have followed Mexico’s lead to tax sugar-sweetened drinks in an effort to curb obesity and unhealthy habits, but these measures are coming at a cost to manufacturers and may not be as profitable for governments as they suggest.

  • Brexit: Knowing the unknowns for taxation

    March 23, 2017

    Dealing with the known unknowns is all any business can seek to do in the uncertain environment, whether it stems from the US or the UK. Cormac Kelleher, international tax partner at Mazars in Dublin discusses the plethora of unknowns and how companies can navigate through it all.

  • Bridging the digital gap: How tax fits into cryptocurrencies and blockchain development

    March 23, 2017

    The world is on the cusp of a major tax revolution as cryptocurrencies and online distributed ledger technologies, such as blockchain, push financial systems from the physical world to online. Amelia Schwanke speaks to the experts in a roundtable discussion about the tax implications and usage of digital currencies and blockchain.

  • Technology solutions in a post-BEPS world

    March 23, 2017

    There has been a complete paradigm shift in global taxation with the rise in audit risks caused by new global initiatives like the OECD’s BEPS Project. JD Choi, CEO at Tax Technologies, explores the technology solutions that should be administered to mitigate these audit risks in a post-BEPS world.

  • UK’s embarrassing U-turn on budget’s central tax proposal

    March 16, 2017

    In a humiliating change of events, UK Chancellor of the Exchequer Philip Hammond ditched his proposals – announced only a week ago – to increase Class 4 national insurance contributions (NICs) for the self-employed and target gig economy workers, relieving many taxpayers of a higher tax burden.

  • Webinar: Transfer pricing issues for MNEs investing in Africa

    March 13, 2017

    Recent studies show that the African continent is attracting a growing amount of investments from foreign multinational enterprises. BonelliErede and International Tax Review will provide an overview of the main transfer pricing issues to consider for structuring investments into selected countries.

  • Mark Davies & Associates hires new senior tax manager

    March 13, 2017

    Chartered accountant and chartered tax adviser Priya Dutta has been appointed as a senior tax manager at Mark Davies & Associates, a private client tax boutique for international clients.

  • ECJ stands firm on e-books standard VAT rate

    March 10, 2017

    The European Court of Justice (ECJ) has reiterated its stance on the controversial issue of taxing e-books in a decision against Poland.

  • New Director for Indirect Taxation and Tax Administration at the European Commission

    March 09, 2017

    The European Commission has decided to appoint Maria Teresa Fabregas Fernandez as its Director for Indirect Taxation and Tax Administration. She takes over the role from Donato Raponi on March 16.

  • UK Finance Chief says Britain is listening to businesses, but many don’t think so

    March 08, 2017

    Chancellor of the Exchequer Phillip Hammond unveiled a steady budget with no big surprises for businesses as the UK prepares for Brexit negotiations, but that didn’t mean it was all good news.

  • Vertex relocates to central London

    March 07, 2017

    Vertex, a tax automation solutions and services provider, has relocated its UK offices from Uxbridge to central London.

  • Potential structuring risks in Russia after court upholds Mondelez-Cadbury decision

    March 06, 2017

    Companies operating in Russia should urgently re-assess their tax structures after one of the country’s courts delivered a landmark decision concerning substance in a cross-border M&A deal, creating serious risks for corporate restructuring.

  • UK Spring Budget preview: A low-key affair

    March 06, 2017

    UK Chancellor of the Exchequer Phillip Hammond will deliver the last Spring Budget speech on Wednesday, March 8 ahead of the switch to Autumn Budgets and Spring Statements.

  • EU takes the global lead with rules on hybrid mismatches

    March 01, 2017

    The EU will lead the way in defining how countries worldwide will implement rules to stop the use of hybrid mismatch arrangements in line with BEPS Action 2 after the Economic and Financial Affairs Council (ECOFIN) agreed its position on the rules to prevent the practice with the tax systems of non-EU countries.

  • February 2017

    The Brockman brief: Tax haven blacklist: Talk of the town

    February 28, 2017

    As EU member states determine the criteria for what constitutes a tax haven, while at the same time lowering their tax rates, the debate over tax havens is growing. Keith Brockman considers the parameters of the ideas of ‘transparency’ and ‘tax haven blacklist’.

  • GE/PwC deal advances trend to outsource tax functions

    February 28, 2017

    With corporations meeting the demands of rapidly changing regulations, increased audits, and new tax technology functions, some are overwhelmed with how much tax is influencing their business strategy – leading to a number of outsourcing arrangements. Amelia Schwanke explores whether General Electric (GE) and PwC’s recent agreement has ignited a new trend for outsourcing a business’s tax function

  • Inside M&A: Welcome to the Tax Transactional Survey 2017

    February 28, 2017

    International Tax Review’s flagship tax transactional feature looks at the global M&A market during 2016, explores the tax trends in major deals that may continue into 2017, and provides a breakdown of the leading firms in transactional advice across multiple jurisdictions.

  • Nominations open for Tax Controversy Leaders guide

    February 27, 2017

    The research period for the seventh edition of International Tax Review’s Tax Controversy Leaders guide has begun.

  • Nominations open for Indirect Tax Leaders guide

    February 13, 2017

    The research period for the sixth edition of International Tax Review's Indirect Tax Leaders guide has begun.

  • Transatlantic tax tensions grow over business poaching

    February 08, 2017

    EU leaders are queuing up to criticise the US and UK over plans to slash corporation tax, while US President Donald Trump makes provocative comments on the European project. The growing conflict means corporate CEOs are left scratching their heads on tax planning and whether to shift manufacturing, IP and profit into the US.

  • GE/PwC deal advances trend to outsource tax functions

    February 08, 2017

    With corporations meeting the demands of rapidly changing regulations, increased audits, and new tax technology functions, some are overwhelmed with how much tax is influencing their business strategy – leading to a number of outsourcing arrangements. Could General Electric (GE) and PwC’s recent agreement have ignited a new trend of outsourcing a business’s tax function?

  • Jeremy Cape joins Squire Patton Boggs

    February 06, 2017

    Squire Patton Boggs has appointed Jeremy Cape as a partner in the tax strategy and benefits practice group in its London office.

  • EU Advocate General: UK and Gibraltar ‘one entity’ for tax issues

    February 01, 2017

    Companies could continue to face a double tax charge after an Opinion from a European Court of Justice (ECJ) advocate general said that the UK and Gibraltar should be treated as a single entity for tax purposes in the high-profile Gibraltar Betting and Gaming Commission case.

  • January 2017

    European Tax Awards 2017: Final week for submissions

    January 30, 2017

    Companies and firms have one week left to enter for the European Tax Awards 2017.

  • Final days to vote for the top tax transactional and tax planning firms

    January 26, 2017

    Two forthcoming issues of International Tax Review will include surveys of the leading tax transactional (March) and tax planning firms (May) around the world. This is your opportunity to vote.

  • The Brockman brief: Leadership attributes: developing relationships

    January 25, 2017

    Tax professionals from all areas of the tax sphere need to move outside their comforts zone to grasp the opportunities available and boost skills. Keith Brockman highlights the need for internal and external networking that could offer previously unknown possibilities.

  • M&A considerations for 2017: Don’t let tax derail the deal

    January 25, 2017

    Tax considerations will never make a deal, but they certainly can break a deal. Laurence Field, a senior tax and corporate business partner at national audit, tax and advisory firm Crowe Clark Whitehill, reflects on the M&A tax landscape that evolved through 2016 and looks ahead to assess what businesses need to know if they are planning to get a transaction over the line in 2017.

  • General VAT reverse charge: The view from Central Europe

    January 17, 2017

    Austria, Bulgaria, the Czech Republic, Hungary and Slovakia are seen as the key supporters of the European Commission’s generalised reverse charge mechanism (GRCM), but not all industries or multinationals in these countries will benefit from it.

  • Simon Skinner becomes head of tax at Travers Smith

    January 12, 2017

    Simon Skinner has been appointed as the new head of UK firm Travers Smith’s tax practice.

  • Global VAT reform takes on new impetus in 2017

    January 11, 2017

    In 2017, governments in Europe and around the world will divert their energies away from austerity VAT hikes aimed at combating various financial crises to refining their indirect tax regimes to fight fraud and help promote their economic priorities.

  • No more secret tax rulings in the EU?

    January 10, 2017

    The European Union’s new transparency rules for tax rulings have entered into force, but will it really be the end of secret or controversial tax rulings?

  • Proskauer adds new partner to London office

    January 09, 2017

    Stephen Pevsner has joined international law firm Proskauer at its London office as a tax partner.

  • EU to take ‘nuclear option’ on VAT fraud and allow reverse charge systems

    January 06, 2017

    The European Commission (EC) plans to take drastic action to tackle the €50 billion ($53 billion) in annual EU cross-border VAT fraud by allowing member states to deviate from the VAT Directive.

  • Grant Thornton appoints new partner in London

    January 05, 2017

    Vinny McCullagh has been appointed as a partner at Grant Thornton’s London office.

  • Akin Gump announces three new tax partners

    January 03, 2017

    Akin Gump Strauss Hauer & Feld has promoted Sophie Donnithorne-Tait, Olivier De Moor and Alexander Specht to partners in the firm’s tax practice as of January 1 2017.

International Tax Review Profile

RT @AuroChardon: Let's honour the #memory of a brave #journalist and woman ➡️ vigil tomorrow, 18 Oct, 6pm, in front of Residence Palace #Da…

Oct 18 2017 04:42 ·  reply ·  retweet ·  favourite
International Tax Review Profile

Big Soda scores victory as Chicago-area tax repealed - could this be the beginning of the end of the sugar tax trend?https://t.co/PNuafWHy9K

Oct 12 2017 04:03 ·  reply ·  retweet ·  favourite
International Tax Review Profile

Ebay and Netflix pay total UK tax of less than £1.9m - How long until HMRC investigate their TP practices? https://t.co/VPPsT3aGMZ via @FT

Oct 12 2017 03:59 ·  reply ·  retweet ·  favourite
International Tax Review Profile

Panama Papers: German authorities carry out first raids in connection with tax leaks https://t.co/LgalVGGw0x via @dwnews

Oct 12 2017 03:49 ·  reply ·  retweet ·  favourite
International Tax Review Profile

RT @ScoopOnTaxes: @Skynet This will not end well for humanity. https://t.co/jsxVwDoDc5

Oct 11 2017 12:02 ·  reply ·  retweet ·  favourite
International Correspondents