British MPs’ plan to lower VAT on recycled goods undone by EU The UK Parliament’s Environmental Audit Committee wants reduced VAT rates on recycled goods in order to encourage businesses to be less wasteful and promote reuse, but EU VAT agreements stand... By Aaran Fronda July 29 2014
ECJ rules Danish tax system violates freedom of establishment over recapture of losses Nordea Bank receives a favourable ruling in the European Court of Justice (ECJ), after Denmark’s recapture of losses rule is found in breach of EU freedom of establishment. By Aaran Fronda July 23 2014
Arthur Laffer: Where US tax policy has gone wrong Arthur Laffer, renowned economist and inventor of the curve that bears his name, met with International Tax Review to discuss what he would change about US tax policy, why he... By Aaran Fronda July 22 2014
Arthur Laffer guides governments on optimising tobacco taxes As excise taxes become increasingly important sources of revenue for national governments around the world, Arthur Laffer explains why countries must retain fiscal sovereignty when setting rates on products such... By Aaran Fronda July 22 2014
Australia repeals carbon tax Tony Abbott’s government has today won its battle to scrap the controversial carbon pricing mechanism, which sought to place a levy on the country’s biggest polluters. By Aaran Fronda July 17 2014
Chinese authorities offer greater guidance on GAAR China’s State Administration of Taxation (SAT) published its discussion draft on ‘Administrative Measures on the General Anti-Avoidance Rule (GAAR)’ this month, which outlines key principles and procedural guidelines for its... By Aaran Fronda July 16 2014
UK tax authority to acquire new controversial powers HM Revenue & Customs (HMRC) will be granted the authority to issue ‘follower’ and ‘accelerated payment’ notices when the Finance Bill comes into effect later this month, forcing users of... By Aaran Fronda July 16 2014
EU VAT Forum paves the way to greater harmonisation The European Commission’s pilot scheme looks to improve the framework for resolving cross-border VAT disputes, and while the project is making some positive strides in harmonising EU VAT, it requires... By Aaran Fronda July 16 2014
India Budget: FM Jaitley wants GST by end of year Arun Jaitley, Indian finance minister, wants to end continuing uncertainty surrounding the implementation of the goods and services tax (GST) by introducing the regime by the end of this year. By Aaran Fronda July 10 2014
