Australian corporate tax cut needs to happen, says Gillard Australian Prime Minister Julia Gillard has indicated she still supports a reduction in the corporate tax rate, despite omitting the proposal from last month’s budget. By Matthew Gilleard June 13 2012
What you need to know about the UK GAAR consultation ANALYSIS: HM Revenue & Customs (HMRC) this week released the long-awaited consultation document on the UK general anti-abuse rule (GAAR). By Matthew Gilleard June 12 2012
US Ways and Means re-examines treatment of tax extenders The US House Ways and Means Subcommittee on Select Revenue Measures convened on Friday to discuss the framework within which expiring tax extenders should be evaluated. By Matthew Gilleard June 11 2012
Senate’s Baucus outlines US tax reform goals Senate Finance Committee chairman Max Baucus yesterday laid out his goals for comprehensive US tax reform in a speech to the Bipartisan Policy Center. By Matthew Gilleard June 11 2012
Dutch follow EU trend to restrict interest deductions A Bill sent to Dutch parliament last week seeks to restrict interest expense deductions for debt used to finance qualifying participations. By Matthew Gilleard June 11 2012
HMRC releases UK GAAR consultation HM Revenue & Customs today released the long-awaited consultation document on the UK general anti-abuse rule (GAAR). By Matthew Gilleard June 11 2012
India will “handsomely exceed” indirect tax revenue target, says Mukherjee The Indian government is confident that the indirect tax collection target of $90 billion in 2012-13 will be met, says finance minister Pranab Mukherjee. By Matthew Gilleard June 07 2012
Sweden’s Anders Borg plans corporate tax rate reduction Anders Borg, Sweden’s finance minister, has reiterated that the country’s corporate tax rate may be lowered. By Matthew Gilleard June 05 2012
EU CCCTB will hurt economy, says Malta Business Bureau The Maltese Labour Party and the Malta Business Bureau have rejected the EU’s proposal for a common consolidated corporate tax base (CCCTB), saying it could damage the country’s economic interests. By Matthew Gilleard June 05 2012
India’s Mukherjee clarifies scope of retroactive tax amendment India’s finance minister, Pranab Mukherjee, has said that tax cases settled before April 1 will not be reopened, in a move which aims to allay investor fears over the retroactive... By Matthew Gilleard June 05 2012