Accountants look for G20 commitment to IFRS
The G20 should commit to the adoption of International Financial Reporting Standards (IFRS) around the world and examine and improve how taxes are assessed and collected.
EFRAG questions proposal to amend IAS 12
The European Financial Reporting Advisory Group (EFRAG) is concerned that the International Accounting Standards Board (IASB) has not considered fully its proposed changes to IAS 12, which deals with accounting for income taxes.
What you need to know about the UK GAAR consultation
With the consultation document weighing in at 48 pages of technical detail, International Tax Review has done the hard work so you don’t have to, and highlighted the main features alongside analysis from leading advisers.
Dutch follow EU trend to restrict deduction
A Bill sent to Dutch parliament last week seeks to restrict interest expense deductions for debt used to finance qualifying participations.
Finland wants FTT, says foreign minister Erkki Tuomioja
Erkki Tuomioja, Finland's Minister for Foreign Affairs, has said the government wants to introduce a financial transaction tax (FTT), but not unilaterally
Colombia’s carbon tax to be first in Latin America
Colombia may become the first Latin American country to introduce a carbon tax in its forthcoming Tax Bill.
How to get faster dispute resolution at the Tax Court of Canada
Canadian taxpayers can look forward to their tax disputes being resolved quicker by the Tax Court of Canada (TCC), if draft legislation released last week is adopted.
HMRC in danger of discrediting taxpayer settlements, warns NAO
Taxpayers are at risk of not getting the best deal when it comes to negotiating a tax settlement with HM Revenue & Customs (HMRC), after a report from the National Audit Office highlighted flaws in the tax authority’s governance procedures.
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