Commission denies FTT rumours The European Commission has denied the financial transaction tax (FTT) is set to be watered down. By Salman Shaheen June 11 2013
Taxpayers should continue to prepare for the FTT despite reports of its demise A number of media reports in the last week suggest that the financial transaction tax (FTT) is going to be watered down and delayed. By Salman Shaheen June 05 2013
Internal divisions over the FTT emerge in France and Germany France and Germany have been among the strongest backers of the financial transaction tax (FTT), but opposition is rising in both countries. By Salman Shaheen May 29 2013
Margaret Hodge calls for HMRC to become more aggressive The chairwoman of the UK Parliament’s Public Accounts Committee said that HM Revenue & Customs (HMRC) is not being aggressive enough in pursuing the public interest by combating tax avoidance... By Salman Shaheen May 20 2013
UK Exchequer Secretary David Gauke pressured to make a stand on LVCR abuse Retailers Against VAT Avoidance Schemes (RAVAS) will send a position paper to David Gauke, the UK’s tax minister, urging him to crack down on the incorrect application of low value... By Salman Shaheen May 15 2013
KPMG Treasury secondee behind UK patent box hits back at PAC criticisms When KPMG’s Jonathan Bridges finished a Treasury secondment to help design the patent box, he thought he would resume life as a corporate tax adviser at the Big 4 firm... By Salman Shaheen May 03 2013
US tops new list of countries using tax code to promote sustainable corporate activity KPMG’s first Green Tax Index sees the US ranked first for its extensive use of incentives. By Salman Shaheen May 01 2013
UK Shadow Business Secretary Chuka Umunna would not back an FTT without New York The opposition Labour member of Parliament said it would be “lunacy” for the UK to unilaterally adopt a financial transaction tax (FTT). By Salman Shaheen April 15 2013
China to roll out VAT pilot nationwide in August China will roll out a pilot programme to replace business tax with VAT on August 1. By Salman Shaheen April 11 2013
Romania considers a VAT cut, but 19% may be optimistic The Romanian government is considering a VAT cut next year, but advisers believe bringing the rate down by five percentage points that quickly is unlikely. By Salman Shaheen April 09 2013
