This content is from: Luxembourg Luxembourg: The demise of 1929 Holding Companies A European Commission decision has forced Luxembourg to change its holding companies legislation, reports Keith O'Donnell and Samantha Nonnenkamp of ATOZ Tax Advisers May 31 2007
This content is from: India The Netherlands: It pays to participate Roland Brandsma and Suzanne Boers of PricewaterhouseCoopers praise the virtues of the new Dutch participation exemption May 31 2007
This content is from: Cyprus Cyprus: a genuine EU contender The tax advantages that Cyprus offers is increasing its appeal as a holding company jurisdiction in Europe, say Pieris Markou and Antonis Taliotis of Deloitte May 31 2007
This content is from: Sweden Sweden: A break with tradition Sweden is an interesting alternative to the more traditional holding company locations, says Carl Pihlgren of Ernst & Young May 31 2007
This content is from: Italy Italy: A day in the life of ItaCo Massimo Agostini of Gianni Origoni Grippo & Partners has created a hypothetical company to demonstrate the tax treatment of Italian holding companies and their shareholders May 31 2007
This content is from: Japan Japan: Beyond the obvious There are more reasons to set up a Japanese holding company than might be seen at first glance. Hiroshi Namba of Shin Nihon Ernst & Young explains May 31 2007
This content is from: Singapore Singapore offers tax breaks on LNG trading income Singapore, Asia's biggest oil trading centre, has announced tax breaks on income from liquefied natural gas (LNG) and carbon emission transactions to encourage overseas companies to invest in the city-state. May 30 2007
This content is from: France French parliament to meet in special session to review tax reform President Nicolas Sarkozy is calling a special session of the French parliament in late June to debate sweeping tax forms. May 30 2007
This content is from: India India faces OECD dilemma India will need to change its international tax regime if it accepts an offer from the Organisation for Economic Cooperation and Development (OECD) to become a member. May 30 2007
This content is from: Nigeria 100% increase in Nigerian VAT angers private sector The Nigerian government's increase in VAT from 5% to 10% has prompted a backlash from the country's private sector. May 30 2007
This content is from: China Stamp duty hike sends warning to Chinese investors China's tripling of stamp duty on shares is a signal that the government will act to cool what it perceives as the overheating the mainland's two stock markets. May 30 2007
This content is from: Canada Flaherty loses respect of tax community The fallout from Canadian federal finance minister Jim Flaherty's dramatic about-turn on the interest deductibility budget proposal has left his reputation in tatters. May 30 2007
This content is from: India India considers international tax tribunal India's Income Tax Appellate Tribunal (ITAT) may set up a separate bench to deal with an expanding workload of international tax disputes. May 29 2007
This content is from: Direct Tax FII case falls at final hurdle The taxpayer has lost its last chance to reverse a UK court decision in a test case over franked investment income and advance corporation tax (ACT). May 22 2007
This content is from: United States Sarbanes-Oxley set for revisions Some of the most controversial parts of the Sarbanes-Oxley legislation may undergo change this week. May 21 2007
This content is from: Direct Tax Euromoney tax institute requires director Euromoney Institutional Investor is looking for a senior professional to head up a new institute for heads of taxation. May 21 2007
This content is from: Direct Tax G8 look at tax Finance ministers from the G8 countries met in Potsdam in Germany over the weekend, and discussed some explosive tax matters. May 21 2007
This content is from: Switzerland Swiss reject negotiations with EU in tax row The Swiss government has ruled out formal negotiations with the EU to resolve the controversy over the country's corporate tax system. May 21 2007
This content is from: Australia Australian tax advisers face new regulation The Australian government has announced new laws to regulate the tax profession. May 14 2007
This content is from: Direct Tax Increasing global demand for independent tax advisers fuels major expansion of Taxand May 14 2007
This content is from: United States Illinois multi-billion dollar business tax hike unanimously defeated Members of Illinois' House of Representatives voted 107-0 against plans to tax businesses by an extra $7.6 billion. May 14 2007
This content is from: New Zealand NZ to slash business rate New Zealand's finance minister, Michael Cullen, is expected to cut corporate tax from 33% to 30% in Thursday's Budget. May 14 2007
This content is from: Japan Japanese merger rule will boost investment Japan's tax deferral for triangular mergers is expected to encourage cross-border M&A. May 14 2007
This content is from: Direct Tax Big hitters to review UK tax system The headline rate of UK corporate tax will fall two percentage points to 28% in April next year. This is clearly not enough of a reform for UK businesses. May 13 2007
This content is from: European Union Companies praise EU online database Businesses have welcomed the European Commission's Taxes in Europe database, launched May 11, which details 500 taxes applied by member states. May 13 2007
This content is from: Direct Tax Vote for the most admired tax directors in Europe International Tax Review is running a poll to reveal the ten most admired in-house tax directors in Europe. May 13 2007
This content is from: United States FIN 48 revised definition will save time for businesses The Financial Accounting Standards Board's (FASB) clarification of the term "ultimately settled" will cut the time it takes for businesses to deal with FIN 48 rules. May 08 2007
This content is from: European Union EU objects to pension fund dividend disparity The European Commission believes that nine member states are infringing EU rules on freedom of capital because domestic pension funds are paying less tax on dividends than their foreign rivals. May 08 2007
This content is from: United States Knowledge sharing urged to beat evasion A hearing of the US Senate Finance Committee was told last week that exchange of information is key to combating offshore tax evasion May 08 2007
This content is from: Canada Canada to reassess controversial change Jim Flaherty, Canada's finance minister, has admitted that a 2007 Budget measure, which critics say threatens Canadian competitiveness abroad, needs amending. May 08 2007
This content is from: Australia Australian budget disappointing for businesses With no plans to tackle Australia's growing business tax burden, the 2007-08 Budget has dissatisfied companies. May 08 2007
This content is from: New Zealand OECD recommends significant tax reform for New Zealand The OECD has called for a major overhaul of the New Zealand tax system. May 03 2007
This content is from: China Global governance standards would improve confidence in China tax system May 03 2007
This content is from: Czech Republic PricewaterhouseCoopers appoints Czech department head May 03 2007
This content is from: European Union EU promises to demolish tax obstacles with CCCTB The European Commission has published a second report on the progress towards a common consolidated corporate tax base for member states. May 02 2007
