This content is from: France France creates tax credit for films The French government is to introduce a tax credit to bring filmmakers from around the world to shoot films in France. December 22 2008
This content is from: United States FedEx boss presses for business tax changes The chairman and chief executive of FedEx, the US transport company, has called for a cut in the US corporate income tax rate of at least 10 percentage points. December 22 2008
This content is from: Germany German taxpayers complain that changes will hurt business in economic downturn Changes to withholding tax and how taxpayers can use losses are included in important changes to the taxation of inbound and outbound cross-border transactions in Germany. December 22 2008
This content is from: Luxembourg Luxembourg reforms corporate tax regime The government of Luxembourg has enacted a corporate tax reform package that hopes to create a more favourable tax framework for businesses. December 22 2008
This content is from: Netherlands Netherlands wants to change group interest rules to transform corporate tax system The Dutch government has announced a study of measures relating to the treatment of group interest and participation interest in corporate taxes in a bid to create a more attractive, more balanced and simpler corporat... December 19 2008
This content is from: European Union European Court says Gibraltar tax reform is compliant The European Court of First Instance has annulled the veto imposed by the European Commission against the reform of corporate tax in Gibraltar December 18 2008
This content is from: Hong Kong SAR Hong Kong and Vietnam sign treaty Hong Kong signed its fifth double tax treaty when it completed an agreement with Vietnam on December 16 December 18 2008
This content is from: Direct Tax Mayor's review calls for competitive and predictable UK tax regime The UK's tax system is a critical reason why London's position as the world's financial centre is at risk, a report produced for the city's mayor says December 16 2008
This content is from: Ireland Tax rate changes in Irish Finance Bill seek to attract R&D investment The Irish government has changed the recent Finance Bill to try to attract new business to the country December 16 2008
This content is from: Switzerland Switzerland plans comprehensive tax reform The Swiss government is proposing a corporate tax reform package that it hopes will improve the country's international tax competitiveness December 16 2008
This content is from: United States Washington event watches for tax implications of economic crisis Keeping an eye on companies shifting losses, while at the same time trying to assist struggling businesses come through the economic downturn, is a priority for some of the tax officials that attended the Annual Insti... December 16 2008
This content is from: Canada Canada tax reform panel criticise Flaherty on double dipping Canada's Finance Minister Jim Flaherty is under fire for his plans to forbid companies from making two tax deductions on overseas investments December 16 2008
This content is from: United States Caplin & Drysdale establishes alternative dispute resolution tax practice December 16 2008
This content is from: Latvia IMF forces Latvia to increase VAT rate Latvia's standard and reduced rates of VAT are to increase to 21% and 10% respectively. The increase of the standard rate amounts to three percentage points and the reduced rate has been doubled from 5%. The move come... December 15 2008
This content is from: United States Korb leaves IRS The chief counsel of the Internal Revenue Service in the US is leaving to join Sullivan & Cromwell in Washington, DC December 15 2008
This content is from: United States Tyco changes domicile Tyco, the US industrial company, is planning to move its tax residence from Bermuda to Switzerland December 12 2008
This content is from: Direct Tax Business unhappy with Commission's plans to tax financial services Banks and insurance companies made clear yesterday that the European Commission has a long way to go before they could agree with its proposals to change the value added tax (VAT) treatment of insurance and financial ... December 11 2008
This content is from: Direct Tax UK foreign profits proposals split opinions Draft legislation published by the UK Treasury on the taxation of foreign profits has received mixed reviews by the country's tax professionals. December 11 2008
This content is from: Hungary Hungary introduces new tax regime Hungary's parliament has passed a bill changing the country's tax laws. December 09 2008
This content is from: South Korea South Korea extends tax breaks on corporate investments December 09 2008
This content is from: United States UBS forced to name US tax evaders UBS has finally succumbed to US pressure and will release the names of an unspecified number of American customers who may have committed tax fraud. December 09 2008
This content is from: United States US and Liechtenstein sign historic agreement on information exchange The US and Liechtenstein have signed an agreement to allow for the exchange of information on tax matters between the two countries. The agreement signifies a significant development for a country which has been slamm... December 09 2008
This content is from: Direct Tax Event gives chance to contribute to restructuring debate The OECD is looking to update its guidance on the transfer pricing aspects of business restructuring. It published a discussion draft in September and is seeking comments by February 19 next year. December 09 2008
This content is from: Direct Tax Georgia announces tax cuts to lure foreign investment Georgia's prime minister hopes that a reduction in dividend taxes will mean multi-million dollar investment in his country. December 09 2008
This content is from: Direct Tax UK tax authorities announces job cuts and office closures HM Revenue & Customs in the UK will close 93 offices across the country and cut over 3,400 jobs by 2011, said the Public and Commercial Services (PCS) union which represents over 70,000 HMRC employees. December 08 2008
This content is from: Bulgaria Bulgaria introduces tax holidays for big investors Bulgaria's parliament has approved plans to introduce tax holidays for significant corporate investments. December 08 2008
This content is from: India Vodafone loses but lives on in Indian capital gains litigation Vodafone is faced with a multi-billion dollar tax bill in India after it lost a case in the Bombay High Court concerning its purchase of a controlling stake in an Indian phone business December 03 2008
This content is from: Direct Tax Governments sign five tax treaties The US and New Zealand have signed a protocol to an income tax treaty. December 02 2008
This content is from: Direct Tax UK reforms loan rules for connected companies HM Revenue and Customs is to introduce corporate tax legislation that amends the loan relationships rules affecting connected companies. December 02 2008
This content is from: European Union Four member states face wrath of European Commission The European Commission has told the UK and Luxembourg to amend their tax legislation or risk being taken to the ECJ. December 02 2008
This content is from: Canada Canadian companies to pay less tax next year Canadian companies will pay less tax next year despite no emergency tax cuts, a government paper released on November 27 confirmed. December 02 2008
This content is from: Sri Lanka New tax commission aims to boost Sri Lanka's competitiveness The Sri Lankan government will appoint a new taxation commission in a bid to simplify the country's tax system. December 02 2008
This content is from: Direct Tax High Court judge ends UK's complex double tax relief rules A High Court judgement has ruled that the UK's regulations on the taxation of foreign dividends are unlawful December 02 2008
This content is from: United Kingdom AMEC tax chief wants CFC reform Karen Hayzen-Smith of AMEC tells Georgiana Head that the UK's controlled foreign companies rules should change to encourage investment December 01 2008
This content is from: United States IRS liberalises short-term obligation exception under section 956 December 01 2008
This content is from: United States Recent US tax developments David Forst, James Fuller and Ron Schrotenboer, of Fenwick & West comment on recent international tax proposals, such as changes to the treatment of outbound asset transfers December 01 2008
This content is from: United States Tax chiefs use experience to deal with economic turmoil The growing economic crisis has hit multinational companies everywhere. For the ten most admired tax directors in Latin America, the challenges are the same as for large corporations the world over, but there are addi... December 01 2008
This content is from: Singapore Winners take all International Tax Review's third Asia Tax Awards were held in Singapore on November 26 December 01 2008
This content is from: Canada Mexico: Renegotiation of tax treaties By Luis Liñero and Juan Carlos Molina December 01 2008
This content is from: United States Treaty's technical explanation needs more clarity The Technical Explanation provides limited guidance on the Fifth Protocol to the Canada-US treaty, say Jeffrey Trossman and Jesse Brodlieb of Blake, Cassels & Graydon December 01 2008
This content is from: Germany The bank rescue plan Hans-Ulrich Lauermann and Sascha Demgensky of PricewaterhouseCoopers outline specific tax effects resulting from recapitalisation measures December 01 2008
This content is from: Mexico Mexico produces new revenue proposals Roberto del Toro, David Cuéllar and Angélica Gonzalez of PricewaterhouseCoopers discuss what the National Development Plan will mean for taxation in Mexico between now and 2012 December 01 2008
This content is from: United States Companies look for help through financial crisis Jack Grocott finds out from companies and advisers about what tax authorities could be doing to help taxpayers survive the economic downturn December 01 2008
This content is from: United States Tax havens refuse to take the blame for economic woes Some of the world's most powerful politicians have blamed tax havens for contributing to the financial crisis and have called for them to be abolished. Joanna Faith finds out if these calls are justified or whether wo... December 01 2008
This content is from: Brazil Additional new regulations for the tax on financial transactions December 01 2008
This content is from: Spain Spain unveils own version of Reits Jose Maria Cusi, head of tax in Bird & Bird Madrid, explains the key issues of the project on the future Spanish real estate investment vehicle December 01 2008
This content is from: Australia ATO focuses on inappropriate shifting of business losses into Australia December 01 2008
This content is from: Germany Time for an update Stefan Ditsch of PricewaterhouseCoopers outlines some recent changes to German tax legislation December 01 2008
This content is from: United Kingdom UK government announces exemption on foreign profits December 01 2008
This content is from: Sweden Sweden makes unpopular move to limit deductions The proposal to curb the amount of tax that can be offset against interest payments has not gone down well in Sweden, reveals Lars Jonsson of Linklaters December 01 2008
This content is from: France Tax relief A monthly commentary on the notable facts, figures and goings-on in the tax world, so called to give you a gentle exit from International Tax Review each month December 01 2008
This content is from: European Union High Court raises doubts about UK dividend tax The claimants came out on top of High Court's verdict in the franked investment income group litigation order. However, the European Court of Justice will be pressed into action on further points in the case December 01 2008
