COMPLIANCE MANAGEMENT Investment managers want FATCA delayThe trade body for the UK’s asset management industry has called on the US to delay the implementation of the Foreign Account Tax Compliance Act (FATCA).
Why HMRC is getting tougher about SAO compliancePractitioners have welcomed the clarifications to senior accounting officer guidance, one of the UK tax authorities’ key compliance measures.
CORPORATE TAX Country-by-country reporting: panacea of pipe dream?An ardent tax justice campaigner, an ex-cabinet minister and representatives from two of the largest companies in the extractive industry debated the merits of country-by-country reporting (CBCR) at International Tax Review’s Tax and Transparency Forum, unsurprisingly, the concept provoked mixed reactions.
UK obsession with tax under attackThe UK tax system has come under attack from taxpayers, protest groups and the general public alike. But the easy headlines of companies not contributing enough do not always depict an accurate representation of how things really are.
INDIRECT TAX South Korea’s carbon tax could prompt a regional emissions trading coalitionThe South Korean Parliament has passed an emissions trading scheme (ETS) to be introduced in 2015, and Australian climate change campaigners say this strengthens the possibility of forming a regional trading coalition.
Business nervous of split-payment, says GE’s NeedhamChris Needham, global VAT/GST director of GE talks to International Tax Review about the biggest challenges he is facing at the moment, the policy proposals which will make life easier for VAT directors and those which may pose greater headaches.
TAX DISPUTES
How to win a US tax disputeA US report claims that taxpayers are likely to lose tax disputes at the Supreme Court. Read the advice taxpayers need to know if they are to avoid being on the losing side.
Vale presents bond in CFC battle but remains confident of victoryBrazilian mining company Vale was ordered to present a bond to the Brazilian Federal Revenue Service (RFB) last week, but the company remains confident it will win its dispute over taxation of foreign profits.
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