Why a Europe-wide FTT will never happen Tuesday’s meeting of EU finance ministers has plunged the Commission’s proposals for a financial transaction tax (FTT) into further confusion. By Joe Dalton March 16 2012
European investors face increased compliance to gain US withholding tax exemptions A lesser-known part of the Foreign Account Tax Compliance Act (FATCA) will prevent US issuers from selling bearer debt to foreign investors from next week, which may hit demand for... By Joe Dalton March 15 2012
Why HMRC’s VAT crackdown on the Channel Islands won’t stop companies exploiting loophole The Channel Islands are defending their right to the UK’s low value consignment relief (LVCR) at a High Court judicial review this week, but their legal team say that regardless... By Joe Dalton March 14 2012
Why the French FTT could force companies to relocate Draft legislation for France’s financial transaction tax (FTT) was adopted last week, and it is French-listed companies who look set to lose out. By Joe Dalton March 09 2012
Why the IRS’s attack on Transocean is not good news The IRS’s latest transfer pricing challenge against offshore drilling company Transocean sets a worrying precedent which could reduce the benefit of entering into advance pricing agreements (APAs). By Joe Dalton March 08 2012
UK ruling on VAT claims provides glimmer of hope for taxpayers The UK High Court has ruled that where taxpayers have unlawfully paid VAT to a supplier, they are not entitled to bring claims against HMRC under UK law but may... By Joe Dalton March 08 2012
Why Ireland won’t budge on corporate tax cut, despite signing EU pact Irish leader Enda Kenny signed up to the EU’s fiscal compact on tighter budgetary controls last week, pending ratification by a referendum, but this should not be taken as a... By Joe Dalton March 06 2012
COMMENT: Why Greece must develop a permanent plan for future tax reform It is no secret that the Greek tax authorities are not exactly up to scratch. Inefficient tax collection and a lack of knowledge in specialist areas such as transfer pricing... By Joe Dalton March 05 2012
Why Bulgarian VAT changes pose compliance challenge to multinationals Companies operating in Bulgaria face compliance challenges and possible penalties after an amendment to the application of the country’s VAT laws. By Joe Dalton March 02 2012
Why Canada’s second ruling on beneficial ownership bodes well for taxpayers Multinationals applying Canadian tax treaties to reduce withholding tax on royalty payments before paying funds to entities in non-treaty countries were boosted by a favourable Canadian Tax Court ruling last... By Joe Dalton March 01 2012
