LeSage re-appointed as vice chairman of KPMG’s US tax practice Jeffrey LeSage has been re-appointed as vice chairman of KPMG’s US tax practice while Laura Newinski – who had been the national managing partner for tax – has moved to... By Joe Stanley-Smith July 07 2015
Anson case escapes the rabbit hole to give more certainty for LLCs The UK Supreme Court has ruled in favour of taxpayer George Anson who, after a five-year legal battle, has successfully avoided being double-taxed on income through a Delaware limited liability... By Joe Stanley-Smith July 02 2015
Taxpayers get Indian MAT reprieve for now; Aberdeen case delayed until Castleton verdict Tax demands on foreign companies to pay India’s controversial minimum alternate tax (MAT) have been suspended until the Justice A P Shah Panel submits a report to the government on... By Joe Stanley-Smith July 02 2015
Ghana amends VAT Act; hits real estate but exempts pharmaceuticals The Ghanaian Parliament has approved several amendments to its VAT legislation, dealing a blow to real estate developers and making several additions to the list of exempted goods and services. By Joe Stanley-Smith July 01 2015
Belgium referred to ECJ in overseas property tax dispute The European Commission (EC) has referred Belgium to the European Court of Justice (ECJ) over its tax treatment of Belgian taxpayers holding property abroad. By Joe Stanley-Smith June 25 2015
Switzerland makes Bitcoin VAT exempt The Swiss Federal Tax Administration has confirmed that VAT does not apply to Bitcoin in Switzerland, adding further credence to the cryptocurrency. By Joe Stanley-Smith June 24 2015
FTT announcement likely next month The proposed European financial transaction tax (FTT) could be back on track after the 11 participating nations met on Thursday (June 18) to discuss the plan. By Joe Stanley-Smith June 24 2015
Indian Income Tax Department’s Rs 20,000 crore demand disrupts Cairn merger The Indian Income Tax Department (ITD) has decided to pursue a Rs 20,495 crore ($3.2 billion) tax case against Cairn India, jeopardising the company’s proposed reverse merger with parent company... By Joe Stanley-Smith June 19 2015
HMRC could lose one in five staff The UK revenue collection agency, HMRC, could lose more than a fifth of its staff because of government cuts, a trade union has warned ahead of the government’s comprehensive spending... By Joe Stanley-Smith June 18 2015
ECJ rules against UK’s reduced VAT rate for green services The European Court of Justice (ECJ) has told the UK that it is in breach of the VAT Directive by offering a reduced VAT rate for the supply and installation... By Joe Stanley-Smith June 18 2015
