This content is from: Canada 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. April 30 2009
This content is from: Portugal State of play on outbound interest and royalty payments Portugal has historically favoured source-based taxation on passive income, which has been coupled with stringent documentation requirements to claim the application of tax treaties (the so-called RFI forms). The Port... By Garrigues Portugal & Tiago Cassiano Neves April 30 2009
This content is from: United States Ways and Means staffer discounts reform By Catherine Snowdon, Washington DC April 30 2009
This content is from: Norway Permanent establishment on the Norwegian continental shelf: a never ending story April 30 2009
This content is from: France Tax guidelines boost Islamic finance in France Economic context and UK experience explain France's move on Islamic finance, says Nicolas Jacquot of Landwell & Associés April 30 2009
This content is from: Sweden Tax deduction for final losses in subsidiaries within the EEA April 30 2009
This content is from: South Africa Tax havens come under more scrutiny from world leaders Miles Walton of Allen & Overy argues that tax havens play an important role in achieving certainty of tax treatment, while Martin Hearson of ActionAid believes that global information exchange is the key to ensuring t... April 30 2009
This content is from: Ireland Ireland maintains appeal for direct or onward investment The corporate tax system that created Ireland's economic success story is still in place. It has other benefits apart from the headline rate, argues Kevin McLoughlin of Ernst & Young April 30 2009
This content is from: United States World leaders keep their word and crack down on tax havens By Joanna Faith and Jack Grocott April 30 2009
This content is from: Finland Depreciation allowances of production investments to double for two years April 30 2009
This content is from: United Kingdom Whiting gets his point across One of the most well-known figures in UK tax tells Georgiana Head that the government should continue to work at how legislation is introduced and implemented April 30 2009
This content is from: Argentina Firms show sparkle in tax planning Uncertainty about the fate of the global economy and a more uncompromising attitude generally from tax authorities around the world has encouraged taxpayers to go to tax planning with long-standing reputations. As a r... April 30 2009
This content is from: Cyprus Spanish structuring and back-to-back financing developments April 30 2009
This content is from: India How the concept of residence is dealt with Residency is not an easy idea to grasp in India's tax treaties, explains Sunil Shah and Geeta Ramrakhiani of Deloitte Haskins & Sells April 30 2009
This content is from: Pakistan Pakistan's ACCA proposes corporate tax changes By International Tax Review April 30 2009
This content is from: Belgium Revolutionary VAT changes for taxation of services from 2010 April 30 2009
This content is from: United States Emergency budget improves Ireland's IP regime By Joanna Faith April 30 2009
This content is from: Hong Kong SAR Exemption reforms are timely benefit The changes to its exemption regime for foreign-sourced income has boosted Singapore's credentials as a pro-business, tax-competitive jurisdiction, explains Sunil Agarwal and Kah Chuan Ho of PricewaterhouseCoopers April 30 2009
This content is from: China Exemption for select credit guarantee institutions announced April 30 2009
This content is from: Australia Australian tax office attacks aggressive tax planning The Australian tax authorities are cracking down on cross border financing arrangements. April 27 2009
This content is from: India Indian court says foreign currency loans are deductible The Supreme Court in India has ruled that a company can deduct the additional liability arising from a fluctuation in foreign currency, in respect of loans taken for revenue purposes, from its tax bill. April 27 2009
This content is from: Direct Tax UK to modernise CFC rules The UK's tax minister has rubbished speculation the government is planning to increase the scope of the country's controlled foreign company rules. April 27 2009
This content is from: United States Study finds US businesses underpay taxes An international business magazine reports US companies are paying too little in corporate taxes. April 27 2009
This content is from: Canada Supreme Court rules against CRA The Canada Revenue Agency must return almost C$3 million ($2.4 million) to a taxpayer after a Supreme Court of Canada decision in a case concerning goods and sales tax (GST) deductions. April 27 2009
This content is from: Direct Tax ECJ says Royal Mail is VAT exempt The European Court of Justice has ruled that the UK's Royal Mail postal service is exempt from VAT on the grounds that it is the country's only universal provider. April 23 2009
This content is from: Direct Tax HMRC to make online VAT returns compulsory Companies will have to file all VAT returns online under draft legislation from the UK tax authorities. April 21 2009
This content is from: European Union European Commission is satisfied with interest and royalties directive The European Commission has reported that the interest and royalties directive has been implemented satisfactorily, despite the need for improvements. April 21 2009
This content is from: Direct Tax UK budget boosts North Sea investment The UK government has unveiled a package of incentives to encourage oil and gas companies to invest in the North Sea. April 21 2009
This content is from: Direct Tax Foreign profits top the bill in quiet budget Tax professionals have welcomed modifications to proposals on the taxation of foreign profits, which were contained in a UK budget that included few headline-grabbing tax measures for business. April 21 2009
This content is from: Direct Tax Tax dodgers to be named and shamed under UK budget measure The UK government will name and shame deliberate tax defaulters to protect the country's tax system from abuse, the chancellor of the exchequer said today. April 21 2009
This content is from: Direct Tax Nominations for European Awards announced The nominations for the European Tax Awards have been announced. The shortlists are compiled of the firms that took part in the most innovative direct and indirect tax transactional, structuring, litigation and transf... April 13 2009
This content is from: Pakistan Pakistan's ACCA proposes corporate tax changes An organisation representing Pakistan's professional accountants has said the government should enhance the fairness of the country's corporate tax system in this year's budget. April 13 2009
This content is from: Hungary Hungary appoints Deloitte ex head of tax as finance minister April 13 2009
This content is from: Direct Tax HMRC reveals details of worldwide debt cap proposal The UK tax authorities amended some definitions in an update last week on the design and function of the proposed worldwide debt cap but have still not released any draft legislation. April 13 2009
This content is from: Luxembourg Luxembourg delays implementation of EU VAT package measure The EU has delayed implementing parts of it new value-added tax package after pressure from the Luxembourg government. April 13 2009
This content is from: Ireland Emergency budget improves Ireland's IP regime Ireland will introduce a tax relief scheme for the acquisition of intellectual property, the country's finance minster announced yesterday in his supplementary budget speech. April 08 2009
This content is from: Bulgaria Commission calls on Bulgaria to justify withholding tax regime The European Commission has formally requested Bulgaria to change its tax provisions relating to withholding tax April 06 2009
This content is from: United States Ways and Means staffer discounts reform A senior Congressional aide has told US taxpayers they should not expect any significant reforms. April 06 2009
This content is from: Direct Tax New tribunals shake up UK litigation A new system of tax litigation in the UK before a case reaches the courts will see appeals go from a tax chamber to a higher level in a reformed tribunals system, rather than to the High Court. The regime started oper... April 06 2009
This content is from: Direct Tax OECD removes final four from tax black list The London Summit of the world's biggest economies has produced results already. The OECD has confirmed that Uruguay, Costa Rica, Malaysia and the Philippines are no longer on its black list of uncooperative tax juris... April 06 2009
This content is from: Netherlands VMW Taxand poaches three from Deloitte in the Netherlands April 05 2009
This content is from: European Union Corporate tax systems past "best before date" Corporate tax systems are past their "best before date", Shell's vice president of tax policy told the European Commission's annual tax forum in Brussels on Monday. April 01 2009
This content is from: Direct Tax Four remain on OECD non-compliant list The OECD's progress report on adherence to global standards on the exchange of tax information has an effect already since it was published yesterday April 01 2009
