This content is from: United States Obama starts conflict over international reforms Companies and even fellow Democrats are lining up to fight President Obama over his plans to reform America's international tax rules. By Ralph Cunningham, London and Catherine Snowdon, New York May 31 2009
This content is from: United States New winds blowing for US energy tax policy Environmental taxation is becoming more and more relevant to companies around the world. President Barack Obama is leading the way to encouraging better practices by offering numerous tax breaks and incentives. John G... May 31 2009
This content is from: Italy Italy implements provisions for the tax treatment of IFRS adopters May 31 2009
This content is from: India Courts raise doubts about permanent establishment Recent case law in India suggests that international taxpayers should review their permanent establishment risk periodically, believe Srinivasa Rao and Rajendra Nayak of Ernst & Young May 31 2009
This content is from: United Kingdom New rules for senior accounting officers in the UK mean more work for tax directors By Joanna Faith May 31 2009
This content is from: Hong Kong SAR Administration unveils foreign tax reform proposals Alan Winston Granwell, Jeffrey Korenblatt and Evan Migdail from DLA Piper discuss the implications of Obama's plans for taxation of foreign income May 31 2009
This content is from: United States Managing the bankruptcy of Lehman Brothers Bankruptcy is a trying time for any company. For a business as large and as complex as Lehman Brothers, the process was and continues to be nothing short of traumatic. Working through the tax implications is a signifi... May 31 2009
This content is from: Australia Executives confront economic implications Tax executives at the Asia Tax Executives' Forum had much on their minds, including a mounting compliance burden, the increasing aggression of the tax authorities in the region and pressure from management to generate... May 31 2009
This content is from: United States Tools of the trade for the stand alone tax director Anthony Lewis, EU tax & treasury director of Affiliated Computer Services, provides an insight into the unwritten job of the stand alone tax director at the average US multinational May 31 2009
This content is from: Netherlands Norwegian revenue authorities focus on thin capitalisation May 31 2009
This content is from: Denmark Recession keeps Europe's top tax directors on their toes Though companies continue to feel the strain of the downturn, the top 10 tax directors in Europe tell Joanna Faith that the recession is not the only issue keeping in-house tax departments busy May 31 2009
This content is from: Direct Tax Tax collectors want role in economic recovery Tax authorities worldwide have agreed to join forces to tackle the fiscal challenges posed by the recession. May 31 2009
This content is from: Australia 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. May 31 2009
This content is from: European Union Ending discrimination against EU-based foreign pension funds May 31 2009
This content is from: South Africa Ex-tax commissioner appointed South African finance minister May 31 2009
This content is from: Australia Outsourcing becomes luxury in recession Joanna Faith finds out the pros and cons of outsourcing in-house tax functions in a recession May 31 2009
This content is from: Direct Tax UK releases draft legislation on foreign profits regime The UK government has published draft legislation connected to the country's new foreign profits regime. May 31 2009
This content is from: United States Time arrives for coordination on green taxes The potential of tax policy to help combat climate change will be lost unless governments start cooperating, argue Mark Schofield and Harry Manisty of PricewaterhouseCoopers May 31 2009
This content is from: United States IRS identifies subpart F income partnership blocker as transaction of interest May 31 2009
This content is from: Direct Tax Garrett pulls out of top US tax policy role In a statement released on May 28, Helen Elizabeth Garrett withdrew as President Barack Obama's nominee for assistant Treasury secretary for tax policy May 28 2009
This content is from: Direct Tax Vodafone to fight on after Court of Appeal defeat Vodafone's long running dispute with the UK government over the taxation of its foreign earnings looks set to continue after the company lost the latest stage of its case on Friday in the Court of Appeal. May 26 2009
This content is from: Direct Tax Deals of the Week Find out which advisers and firms did the tax work on recent leading transactions May 26 2009
This content is from: Australia Downturn not an excuse for poor tax compliance, says Australian tax official Australia's deputy commissioner for taxation has warned companies not to use the economic downturn as an excuse to avoid paying taxes May 25 2009
This content is from: Singapore Singapore seeks public opinion on tax treaties The Singapore government is asking the public for feedback on the country's network of double taxation agreements. May 25 2009
This content is from: United States Transactions need economic substance and business purpose The US Court of Appeals for the Fifth Circuit confirmed district court decisions that transactions need both economic substance and non-tax business aims to be valid for tax purposes May 25 2009
This content is from: India India waits for new government's tax initiatives As India's new government was being sworn in last week, tax professionals across the country were speculating about what changes the government will make to the tax system in its first budget to revive the declining e... May 25 2009
This content is from: Direct Tax HMRC loses High Court battle over VAT exemption HM Revenue & Customs was dealt another blow last week as the UK high court ruled that introductory services from online insurance providers can be exempt from VAT. May 19 2009
This content is from: United Kingdom European Awards winners announced Europe's leading international tax advisers and their clients last night gathered at the Dorchester Hotel in London for International Tax Review's fifth annual European Tax Awards. May 19 2009
This content is from: Direct Tax Deals of the Week Find out which advisers and firms did the tax work on recent leading transactions May 18 2009
This content is from: Greece ECJ says Greece violated dividends rules The European Court of Justice has ruled that Greek rules on inbound and outbound dividends violate European law. May 17 2009
This content is from: European Union European Commission threatens Latvia and Poland The European Commission has threatened to take Latvia and Poland to the European Court of Justice over irregularities in their respective tax systems. May 17 2009
This content is from: China China releases corporate restructuring tax rules China has issued its long-awaited rules on the tax treatment of corporate restructurings. May 11 2009
This content is from: Direct Tax Competitive tax system is vital for UK's future, report says The UK requires a stable and sustainable tax system if it wants to remain a competitive location for the world's financial institutions, a report has said. May 11 2009
This content is from: United States Obama reveals further details of tax plans The US Treasury department yesterday issued an extensive general explanation of the tax relief and revenue-raising proposals included in the Administration's FY2010 budget. The publication, known as the green book, gi... May 11 2009
This content is from: India Indian high court passes brewer case back to tax authorities Bombay's high court has told the Indian tax authorities to decide whether it has the power to investigate a transaction involving a UK-based brewer. May 11 2009
This content is from: Direct Tax HMRC faces paying billions in compound interest HM Revenue and Customs may have to payout more than £1 billion ($1.5 billion) to taxpayers after a high court ruling stated that companies should receive higher rates of interest when claiming back overpaid VAT. May 10 2009
This content is from: Australia Australia offers advice on permanent establishments The Australian Taxation Office has issued a new interpretative decision that highlights important tax issues facing foreign resident taxpayers leasing substantial equipment in Australia. May 10 2009
This content is from: South Africa Ex-tax commissioner appointed South African finance minister May 10 2009
This content is from: Hungary Hungary to get tougher CFC regime Hungary is set to introduce a new, more stringent foreign controlled companies regime under government plans to combat the economic and financial downturn. May 10 2009
This content is from: Ireland Ireland reveals details of new IP regime The Irish government has released details of its new intellectual property tax regime including a broad definition of what qualifies as an IP asset. May 07 2009
This content is from: Russia Russian court informs taxpayers on loss carry forward The Russian high arbitration court has upheld the position that taxpayers can carry forward tax losses in full, without deducting income derived from other activity and dividends where the latter is taxed at a 0% rate. May 07 2009
This content is from: United Kingdom Isle of Man signs double tax treaty with Estonia The Isle of Man has today signed a double taxation agreement (DTA) with Estonia. May 07 2009
This content is from: Hungary Hungarian VAT rules breach EU law The European Court of Justice has ruled that certain parts of Hungary's VAT Act violate EU law. May 06 2009
This content is from: China Report warns US investors to tread carefully in China US companies wanting to invest in China are being warned not to rush their decision and to consider the tax implications before they move. May 04 2009
This content is from: Luxembourg Luxembourg makes treaty with UAE legal Luxembourg's Parliament will finally make its double tax treaty with the United Arab Emirates legal this week after a wait of almost four years. May 04 2009
This content is from: Iceland Iceland unveils new CFC regime Iceland has introduced its first controlled foreign company regime in a bid to prevent tax evasion. May 04 2009
This content is from: Thailand Thailand ready to create APA guidelines Taxpayers in Thailand will be provided with more clarity and confidence for their related-party transactions as the revenue department has begun drafting long-awaited advance pricing agreement guidelines. May 04 2009
This content is from: Direct Tax UK Finance Bill reveals details on new rules for senior accounting officers The administrative burden on tax departments in UK companies is set to increase after the government released further details on new requirements for senior accounting officers. May 04 2009
This content is from: Direct Tax UK foreign profits rules still under discussion Debate around the taxation of foreign profits in the UK will continue after the government announced it wanted more time to consider some areas of the new legislation. May 04 2009
This content is from: United States Obama unveils international tax reforms President Obama has revealed what he meant by "international enforcement, reform deferral and other tax reform policies" in his budget request issued at the end of February May 03 2009
