Multinationals prepare as DPT claims 14 new victims in the UK UK multinationals are starting to feel the impact of HMRC’s focus on the diverted profits tax, as recent figures reveal the controversial tax has brought in £312 million ($415 million)... By Lena Angvik September 14 2017
BNP Paribas loses £35 million case on dividend stripping French bank BNP Paribas has lost a £35 million tax avoidance case against the UK’s tax authority, HMRC, after accusations that the bank had engaged in dividend stripping, making it... By Lena Angvik September 12 2017
Nangia & Co expands tax and TP team with two hires Indian tax advisory and tax consulting firm Nangia & Co is expanding its direct tax and transfer pricing team with the hiring of Nitin Narang and Neetu Singh. By Lena Angvik September 11 2017
India celebrates success of APA scheme with 175 APAs concluded India has become known as a trailblazer in the area of advance pricing agreements in the past few years, with the scheme having received more than 800 applications since 2012. By Lena Angvik September 07 2017
New scandal shines spotlight on European anti-money laundering efforts Global efforts to curb illicit money flows are wavering as some developed countries struggle to detect abuse of its banking systems. The latest scandal shows politically-motivated money from Azerbaijan circulating... By Lena Angvik September 05 2017
Trump’s tax reform: Economic growth tool or tax break for corporates? President Donald Trump on Wednesday delivered a new round of promises of a “pro-growth, pro-jobs and pro-American” tax reform, including a 15% corporate tax rate. By Lena Angvik August 31 2017
Dentons Boekel opens tax practice in Netherlands Dentons Boekels has launched its first Dutch tax practice in Amsterdam with the hire of four partners from Baker McKenzie. By Lena Angvik August 25 2017
Australian Senate probes tech giants on tax affairs The Australian subsidiaries of Apple and Microsoft told a Senate committee on Tuesday that their tax payments have been given the all clear by the ATO. By Lena Angvik August 24 2017
ATO’s position strengthened as Chevron withdraws appeal in TP dispute Oil major Chevron has announced its decision to withdraw the appeal in the landmark transfer pricing TP dispute against the Australian tax authority. By Lena Angvik August 22 2017
Tax justice activism impacts business, survey shows A series of global tax avoidance and evasion scandals over the past decade has led tax justice activist groups to work harder than ever before. By Lena Angvik August 17 2017