What you have missed on ITR Premium

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What you have missed on ITR Premium

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Insight into why Finland wants to introduce a financial transaction tax, why HMRC is in danger of discrediting UK taxpayer settlements, and how to get faster dispute resolution at the Tax Court of Canada were just three articles that appeared on ITR Premium last week.


COMPLIANCE MANAGEMENT

Accountants look for G20 commitment to IFRS
g20.jpgThe 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.


CORPORATE TAX

What you need to know about the UK GAAR consultation
aaronson.jpgWith 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
netherlands.jpgA Bill sent to Dutch parliament last week seeks to restrict interest expense deductions for debt used to finance qualifying participations.



INDIRECT TAX

Finland wants FTT, says foreign minister Erkki Tuomioja
erkki.jpgErkki 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.


TAX DISPUTES

How to get faster dispute resolution at the Tax Court of Canada

tax20court20canada.jpgCanadian 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
hmrc20small2.jpgTaxpayers 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.



more across site & shared bottom lb ros

More from across our site

Wim Wuyts, who had been head of the specialist tax network since 2017, is moving on to a new role with WTS’s Belgian member firm
MNEs are increasingly using algorithmic tools in TP. Sahasranshu Dash argues that data ethics should therefore plug directly into the TP design process
The Institute of Chartered Accountants in England and Wales also queried whether HMRC resources could be better spent scrutinising larger entities
Grant Thornton’s Austria tax head likens his practice to an escape room, shares his football coaching ambitions, and explains why tax is cool
Awards
ITR is delighted to reveal all the shortlisted nominees for the 2025 EMEA Tax Awards
Awards
ITR is delighted to reveal all the shortlisted nominees for the 2025 Asia-Pacific Tax Awards
The fates of pillars one and two hang in the balance after the US successfully threw its weight around in G7 and Canadian negotiations
Rafael Tena tells ITR about the ‘crazy’ Mexican market, ditching the hourly rate, and refusing to grow his fledgling firm in an ‘unstructured way’
It should be easy for advisers to be transparent about costs, Brown Rudnick partner Matthew Sharp said in response to exclusive ITR in-house data
The sprawling legislation phases out Joe Biden-era green tax incentives for businesses; in other news, the UK will reportedly maintain its DST despite US pressure
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