Mexico tax reform will bring VAT changes The tax reform Bill passed earlier this month by Mexico’s Congress contains various changes to the country’s VAT and maquiladora regimes. By Matthew Gilleard November 20 2013
UK tourism industry steps up campaign for VAT cut The tourism industry in the UK believes a VAT reduction would be revenue neutral and generate £4 billion ($6.4 billion) each year for the economy. By Matthew Gilleard November 20 2013
Mexican Congress passes tax reform Mexico’s Congress has passed a tax reform measure which would see the imposition of a new dividend tax and a new tax mailbox system, among other changes. By Matthew Gilleard November 18 2013
Business lobbies Putin to review tax authorities’ powers of enforcement Business leaders have pleaded with Russian President Putin to reassess proposed amendments to the Criminal Code which would allow investigators to open tax cases at their own discretion. By Matthew Gilleard November 14 2013
India sends tax evasion notification to Cyprus The Indian Ministry of Finance has notified Cyprus that it is being treated as a “notified jurisdictional area” under section 94A of the Income Tax Act (ITA) 1961. By Matthew Gilleard November 13 2013
JPMorgan prompts Senators Reed and Grassley to introduce corporate settlement deductibi... US Senators Jack Reed and Charles Grassley have introduced legislation to close a loophole that allows companies to claim tax deductions on penalties and fines paid to the federal government... By Matthew Gilleard November 13 2013
Hungary signs OECD Convention Hungary has become the 61st signatory to the OECD’s Convention on Mutual Administrative Assistance in Tax Matters. By Matthew Gilleard November 13 2013
UK views foreign business investment as positive despite Starbucks saga A report from PwC shows that most people in the UK view an overseas business moving its headquarters to the country as a positive sign, despite some of the negative... By Matthew Gilleard November 06 2013
Chile signs OECD Convention Chile has become the 59th signatory to the OECD’s Multilateral Convention on Mutual Administrative Assistance in Tax Matters. By Matthew Gilleard November 06 2013
Cameron announces public UK company register David Cameron, UK Prime Minister, has announced a proposal for a register of company ownership, to “shine a spotlight on who owns what and where money is really flowing”. By Matthew Gilleard November 05 2013
