This content is from: Brazil Brazilian lawmakers axe financial transaction tax Taxpayers will no longer have to pay a financial transaction tax in Brazil from the end of this year after the country's senate rejected the President President Luiz Inacio Lula da Silva's bid to extend the tax December 18 2007
This content is from: Direct Tax Government moves forward with capital allowances changes The UK government has published the results of a consultation on the changes to the capital allowances regime it announced in this year's budget December 18 2007
This content is from: Direct Tax Different NI rate would cost £300 million The loss the UK exchequer would sustain from reducing Northern Ireland's corporate tax rate to 12.5%, the same as in the Republic of Ireland, would not be easily recovered, said a review of tax policy in the province ... December 18 2007
This content is from: Estonia Commission urges response to European Court The European Commission wants member states to work together on anti-abuse rules that would take recent case law from the European Court of Justice into account December 18 2007
This content is from: Direct Tax Complexity and inconsistency annoy executives A fistful of surveys of leading executives and directors of multinationals published in the last week point to widespread concerns about increasing complexity, aggressive administration and growing inconsistency in in... December 18 2007
This content is from: China China unveils implementation rules for new company tax law A State Council order signed by prime minister Wen Jiabao promulgated the implementation regulations for China's new corporate tax law on December 11 December 12 2007
This content is from: United States US announces temporary decision on new Mexican tax The US tax authorities said on December 10 that while they continue to study whether the Impuesto Empresarial A Tasa Única (IETU), Mexico's new flat business tax, is a creditable income tax, they would not object to a... December 11 2007
This content is from: Japan Okawara leaves Ernst & Young Ken Okawara has joined Baker & McKenzie in Tokyo as head of transfer pricing and economic analysis December 05 2007
This content is from: United States Canada looks at rules revamp The Canadian government has set up an advisory panel to look at how the country's international tax rules can be used to improve fairness and competitiveness in the economy December 04 2007
This content is from: Direct Tax Alvarez & Marsal Taxand adds to west coast practice December 04 2007
This content is from: European Union European financial services and insurance edge closer to VAT reform Industry associations believe a European Commission proposal is a good start towards reform of VAT arrangements for the financial services and insurance sectors December 04 2007
This content is from: Australia Asia Awards winners announced PricewaterhouseCoopers was named the Asia tax firm of the year at International Tax Review's second annual Asia Tax Awards held in Hong Kong last week December 03 2007
This content is from: India India gets closer to advance pricing agreements Indian tax officials met representatives of the big-four accounting firms on November 27 as they continue to build up to the introduction of advance pricing agreements in India December 03 2007
This content is from: Pakistan Pakistan looks to reform international tax rules Pakistan's Federal Board of Revenue has created a task force to review how multinationals' international transactions are taxed. December 03 2007
This content is from: United States US slams transfer pricing abuses A US Treasury report on earnings stripping, transfer pricing and tax treaties accuses foreign multinationals of manipulating international tax rules and sets transfer pricing improvements as a key priority for the Ame... December 03 2007
This content is from: United States Carried away by the birthday party Andrew Immerman, of Alston & Bird, says that the capital gains taxation of private equity managers faces attack in the US December 01 2007
This content is from: Pakistan Pakistan launches inquiry into taxation of multinationals December 01 2007
This content is from: United States US Treasury identifies key areas for tax change By Catherine Snowdon, Americas correspondent December 01 2007
This content is from: Direct Tax Zambia negotiates fixed-term tax deals with multinationals December 01 2007
This content is from: Isle of Man How zero-10 tax works The Isle of Man has adopted a zero-10 tax regime. Jersey and Guernsey are about to do so. KPMG's Tony Mancini in Guernsey, John Riva in Jersey and Greg Jones in the Isle of Man compare the three systems December 01 2007
This content is from: Mexico Clearing the way for flat tax Roberto del Toro, David Cuellar, Cesar Acosta and Fernando Lopez of PricewaterhouseCoopers discuss the benefits and challenges of Mexico's new flat tax December 01 2007
This content is from: Hong Kong SAR Asia winners step forward Tax executives and advisers came from all over Asia to attend the second annual International Tax Review Asia Tax Awards in Hong Kong in November December 01 2007
This content is from: Brazil The most admired tax directors in Latin America Tax authorities in Latin America are developing more intrusive regulatory regimes by introducing stricter rules and promoting tougher legislation. Catherine Snowdon finds out from the most admired tax directors in the... December 01 2007
This content is from: South Korea Korea's tax commissioner steps down after corruption scandal December 01 2007
This content is from: United States Playing ball with the IRS David Forst and Barton Bassett of Fenwick & West discuss new income tax rules and a treaty that will affect international deals December 01 2007
This content is from: Brazil Favourable court decision given in Article 7 tax treaty case December 01 2007
This content is from: Argentina Authorities take on transfer pricing Horacio Dinice of Deloitte in Argentina, Ricardo González Orta of Deloitte in Mexico and Marcelo Natale of Deloitte in Brazil survey the variations in transfer pricing throughout Latin America December 01 2007
This content is from: Russia Tax clarifications issued by the Russian authorities: binding or not binding December 01 2007
This content is from: Germany Read my lips In 2007 Germany reformed its tax system to make itself more attractive to foreign investors. Stefan Ditsch, of PricewaterhouseCoopers, explains December 01 2007
This content is from: Australia Australia cuts financial compliance burden Daren Yeoh, tax partner of Moore Stephens in Australia, in the second of a two-part series, looks at the methodologies for calculating taxable gains and loses December 01 2007
This content is from: European Union CCCTB: it's on the horizon Brussels and EU member states are putting the finishing touches to the Common Consolidated Corporate Tax Base (CCCTB). It is expected to arrive fully operational by 2011. Peter Cussons, tax partner at PricewaterhouseC... December 01 2007
This content is from: European Union European Commission issues progress report on common consolidated tax base December 01 2007
This content is from: China Higher tax costs face multinationals in China Yongjun Peter Ni and Gilbert Ng of Ernst & Young predict the scope of the regulations which implement China's new Enterprise Income Tax Law December 01 2007
This content is from: United States A harsh protocol Jeffrey Trossman and Kathleen Penny of Blake, Cassels & Graydon outline the disadvantages that the amendments to the Canada-US Treaty bring December 01 2007
This content is from: Costa Rica Central America rushes to catch up Alan Saborio of Deloitte in Costa Rica and Taufic Aranky of Deloitte in Guatemala reveal what countries in Central America are doing to update their international tax rules December 01 2007
This content is from: United States New treaties get one step closer to ratification December 01 2007
This content is from: Brazil How banks are taxed in Brazil Brazil's financial services industry is gaining momentum. Camilo Santos of Deloitte in Brazil outlines how the sector is taxed and how investors can take advantage of acquisitions December 01 2007
This content is from: Canada Panel reviews fairness of international tax rules By Catherine Snowdon, Americas correspondent December 01 2007
This content is from: United Kingdom Defining tax risk for revenue authorities Bob Reynolds talks to Dave Hartnett, acting chairman of HMRC, about openness and dialogue with international businesses December 01 2007
This content is from: Argentina Taxing shared service centres How to treat shared service centres is a key issue for tax officials and taxpayers in Latin America today, report Luis Liñero of Deloitte in Mexico, Cristina Arantes Berry of Deloitte in Brazil, Daniel Caracciolo of D... December 01 2007
This content is from: South Africa South Africa offers amnesty In the past decade South Africa has introduced a series of amnesties to catch tax evaders. Beric Croome, of Edward Nathan Sonnenbergs, examines the policy's success December 01 2007
This content is from: United States Cost-sharing considerations for taxpayers Bob Alltop and Mark Bronson of Ballentine Barbera discuss the implications of the IRS' Coordinated Issue Paper on cost-sharing buy-ins December 01 2007
This content is from: Canada Major changes in store for Canada-US treaty Todd Miller and Michael Friedman of McMillan Binch Mendelsohn in Toronto explain why the new protocol to the treaty offers both significant tax benefits and new challenges December 01 2007
This content is from: United Kingdom Latham & Watkins promotes international tax specialist December 01 2007
This content is from: Germany Reforming business Heiko Stoll of Simmons & Simmons assesses particular aspects of the Business Tax Reform Act and discusses the problems in its wording December 01 2007
This content is from: Israel Acquiring technology companies in Israel - tax considerations December 01 2007
This content is from: Germany The impact of flat tax German banks should put their strategy into place now if they want to be ready for the flat tax. Hans-Ulrich Lauermann and Benjamin Laves of PricewaterhouseCoopers explain why December 01 2007
