Retrospective amendments

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

Retrospective amendments

September 30 2012
cover-puff.jpg

The last 12 months have seen a surge in the use of retrospective amendments by governments around the world, all aimed at recouping extra revenue from taxpayers. Matthew Gilleard assesses the issues thrown up by lawmakers going back in time, and whether this worrying trend for taxpayers is set to continue.

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Take a Free Trial or Login

Topics

SponsoredCover storyITR MagazineOctober 2012
more across site & shared bottom lb ros

More from across our site

Direct Tax
Telecommunication tower Antenna at sunset sky.
Input tax credit eligibility for telecom towers: Indian case law analysis
Rishi Joshi, of the Institute of Chartered Accountants of India, warns of potential judicial overreach as assets are recharacterised to bypass a legislative exclusion
Rishi Joshi, September 10 2025
Transfer Pricing
Pia Honkala and Prasad Pardiwala.png
TP costs rocket for MNEs, report reveals
Only 2% of in-house survey respondents said they were ‘heavy’ users of AI for TP, Aibidia’s report also found
Tom Baker, September 09 2025
Direct Tax
Oslo, Norway - 24 September 2022: PricewaterhouseCoopers or PWC
Ex-PwC Australia CEO Thomas Seymour deregistered over tax scandal role
There was a ‘deeply embedded culture within PwC that routinely disregarded formal confidentiality obligations,’ the chairman of Australia’s Tax Practitioners Board said
Sam Sholli, September 09 2025
Direct Tax
Baker McKenzie
Baker McKenzie hires senior IRS official in US
Jennifer Best was most recently the acting commissioner of the IRS’s large business and international division
Sam Sholli, September 08 2025
Direct Tax
ArunaKalyanam.jpg
Bipartisan US opposition to DST ‘revenue pursuits’: EY leader
Section 899’s exclusion from the One Big Beautiful Bill does not mean it has been nipped in the bud, Aruna Kalyanam also tells ITR
Sam Sholli, September 08 2025
Direct Tax
Stuttgart, Germany - 06-19-2022: Cellphone with logo of American consulting company Alvarez and Marsal LLC on screen in front of website. Focus on center-right of phone display.
A taxing week: A&M Tax is coming to a country near you
Thanks to operational slickness and sheer force of will, A&M Tax will continue hoovering up talent across the globe
Tom Baker, September 05 2025
Direct Tax
hmrc.jpg
This week in tax: HMRC names barrister as tax avoidance promoter
Setu Kamal became the first practising barrister to be added to the UK’s tax avoidance promoter list; in other news, UHY expanded its network in Canada
Sam Sholli, September 05 2025
Transfer Pricing
Stamper_Dustin
‘Still volatile’: US tax director reveals tariff impact on clients
US President Donald Trump’s tariffs may get thrown out by courts in the future and taxpayers should already be planning for that possibility, BDO’s Dustin Stamper tells ITR
Sam Sholli, September 04 2025
Awards
itr midde east awards 2025 col_4x.png
ITR Middle East Tax Awards 2025: shortlist announced
ITR is delighted to reveal the first shortlisted nominees for the Middle East Tax Awards
John Harrison, September 04 2025
Direct Tax
A&M.jpg
A&M Tax launches Thailand practice with Deloitte team hire
The firm has appointed Deloitte’s former tax leader for Thailand to lead the new operation, which builds on considerable Asian investment in recent months
Sam Sholli, September 03 2025
Gift this article