Direct Tax

Archive: Direct Tax

This content is from: Direct Tax

Authorities focus proposed cost-sharing rules on buy-in payments

Buy-in payments are the focus of proposed US cost sharing regulations.
September 12 2005
This content is from: European Union

European parliament passes one-stop shop VAT scheme

The EU Council of Minister will now consider a one-stop shop VAT scheme after it was approved by the European Parliament on September 6.
September 12 2005
This content is from: European Union

Abbey National gets over first hurdle in investment management VAT action

Certain services associated with the management of investment funds should be VAT-free, according to an advocate-general of the European Court of Justice
September 12 2005
This content is from: Direct Tax

Report of US tax reform panel set to be delayed again

The publication of the report of the panel advising President Bush on federal tax reform may have to be postponed
September 12 2005
This content is from: Poland

Polish VAT refund survives veto

The Polish lower house has unanimously defeated the president's proposed veto over the 15% value-added tax (VAT) refund on construction materials
September 05 2005
This content is from: Philippines

The Philippines increases VAT

The Philippine Supreme Court has reinstated a controversial tax law that removes indirect tax exemptions and paves the way for a planned 2% rise in value-added tax
September 05 2005
This content is from: France

French authorities release draft disclosure rules

The French tax authorities have released provisional rules similar to the US and UK disclosure laws as part of Prime Minister Dominique de Villepin's tax reform drive
September 05 2005
This content is from: United States

IRS's DeNovio moves into private practice

Nicholas DeNovio, former deputy chief counsel (technical) at the US Internal Revenue Service (IRS), has quit his job to move into private practice
September 05 2005
This content is from: United States

KPMG settles IRS tax-shelter case for $456 million

Last Monday, KPMG in the US settled with the Department of the Treasury and the Internal Revenue Service (IRS) for $456 million to prevent the firm's prosecution over tax shelters
September 05 2005
This content is from: Direct Tax

Revenue wins Scottish depreciation judgment

The House of Lords, the highest court in the UK, is likely to be asked to decide on two test cases concerning when companies should pay tax on profits after the Court of Session in Scotland ruled against a Scotch whis...
September 05 2005
This content is from: Direct Tax

Taxpayers critical of UK's call-centre move
September 05 2005

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