India continues to expand tax treaty network SS Palanimanickam, India’s Minister of State for Finance, in written response to a question in the Rajya Sabha last week, confirmed that India is in the process of signing double... By Matthew Gilleard December 18 2012
Switzerland: No more untaxed assets in our banks The Swiss Federal Council on Friday issued a statement saying it wants to prevent banks and other financial institutions from accepting untaxed assets by enhancing due diligence requirements. By Matthew Gilleard December 18 2012
Germany fails to revive Swiss tax deal The German Mediation Committee that was convened to try and save the German-Swiss tax agreement regarding undeclared and untaxed assets in Swiss accounts has failed to agree on a solution. By Matthew Gilleard December 13 2012
UK tourism industry calls for VAT cut as data reveals UK has highest consumption taxes ... A VAT cut to boost tourism is being called for in the UK, reinforced by data showing the country has the G8’s highest taxes on sales and consumption. By Matthew Gilleard December 12 2012
Why German officials are unconcerned about UK corporate tax competition George Osborne, the UK Chancellor of the Exchequer, said the UK will have the lowest corporate tax rate of any Western economy when he announced the tax would fall to... By Matthew Gilleard December 11 2012
UK draft Finance Bill confirms 21% rate from 2014 The UK government has released draft legislation for the Finance Bill 2013, marking the start of the consultation period for measures announced in last week’s Autumn Statement. By Matthew Gilleard December 11 2012
Australia announces expert group to tackle multinational tax minimisation strategies David Bradbury, Australia’s assistant treasurer, yesterday announced the members that will make up the country’s new specialist reference group, which is tasked with examining the tax minimisation strategies used by... By Matthew Gilleard December 11 2012
Ireland maintains 12.5% rate amid austere budget changes Michael Noonan, Ireland’s Finance Minister, reiterated the country’s commitment to its 12.5% corporate income tax rate last week. The commitment was the headline announcement in the country’s latest austerity budget. By Matthew Gilleard December 10 2012
Starbucks acknowledges benefits of tax transparency and pledges to pay £10 million a ye... Much-maligned coffee chain Starbucks this morning announced that, “having listened to customers and the British public”, it will pay higher corporation tax in the UK. By Matthew Gilleard December 06 2012
Calls continue for Australian GST reform The Australian goods and services tax (GST) regime is continuing to polarise opinion after former Liberal premier Nick Greiner’s review into GST distribution at the end of November. By Matthew Gilleard December 05 2012
