Tony Abbott’s government is looking to repeal the carbon tax, even though emissions from Australia’s largest companies fell 7% on average in the first year since it was introduced.
Taxpayers can now rely on contractual analysis for determining VAT accountability, after the UK Supreme Court overturned the Court of Appeal’s decision in the Secret Hotels 2 (SH2) case.
The landmark judgement by the Delhi High Court (DHC) in the eFunds case offers clear guidance for what constitutes permanent establishment (PE) in India.
Finance ministers from France and Germany met in Paris to discuss the future of the financial transaction tax (FTT). Officials from both parties will be hoping to find common ground with regard to the definition and scope of the proposal.
