Taxpayers and advisers fearful as PwC is drawn into Nokia’s Indian controversy Concerns of Indian taxpayers and advisers are growing after PwC confirmed it has been pulled in for questioning by the Indian Income Tax Department in connection with its investigation of... By Joe Dalton January 17 2013
Wegelin pleads guilty but FATCA's passthru payment rule will catch all foreign banks Switzerland's oldest private bank, Wegelin, has become the first foreign financial institution (FFI) to plead guilty in a US court for helping Americans to evade tax. By Joe Dalton January 16 2013
Why India's renewed Vodafone withholding tax claim is worrying taxpayers UK telecommunications multinational Vodafone has announced that Indian tax authorities are still chasing it for $2.5 billion in withholding tax from its 2007 Hutchison Essar acquisition, despite the Indian Supreme... By Joe Dalton January 10 2013
Hong Kong Court of Appeal clarifies rules for characterising income Hong Kong’s Court of Appeal has clarified whether a payment received by a taxpayer should be categorised as capital or revenue in its judgment on the Aviation Fuel Supply Company... By Joe Dalton January 09 2013
India still hunting Vodafone over Hutchison acquisition withholding tax The Indian tax authorities are still arguing that UK-headquartered telecommunications multinational Vodafone must pay a $2.5 billion tax bill in relation to its 2007 acquisition of Hutchison Essar, the company... By Joe Dalton January 09 2013
Eastern Value gets Russia-Cyprus treaty benefits despite beneficial ownership challenge Eastern Value Partners (Eastern Value), a subsidiary of Cyprus-based private equity group Exelor, with a permanent establishment in Russia, is entitled to tax benefits under the Russia-Cyprus double tax treaty... By Joe Dalton January 08 2013
Steel producer Gerdau International beats Brazil revenue over taxation of indirectly co... Steel production multinational Gerdau International (Gerdau) has beaten the Brazilian Internal Revenue Service (IRS) in an administrative-level appeal concerning the taxation of indirectly controlled foreign companies, but this is not... By Joe Dalton January 03 2013
How public company directors can be liable for corporate tax evasion in India The Gujarat High Court’s decision that the corporate veil can be lifted, for public as well as private companies, is a stark warning to tax evaders in India. By Joe Dalton January 03 2013
Chinese 2012 tax rulings deliver mixed messages Tax disputes in China can often be a one-sided affair with the tax authorities dictating terms to taxpayers. But the situation is slowly changing. By Joe Dalton January 02 2013
Disputes in 2012: where the tax authorities succeeded Taxpayers often learn just as much from defeats in the courtroom as from their victories. While decisions against the revenue authorities vindicate the positions companies take over their planning or... By Joe Dalton December 18 2012
