Direct Tax

Archive: Direct Tax

This content is from: Direct Tax

HMRC will be "taking no prisoners" in tax amnesty

HM Revenue and Customs in the UK will be "taking no prisoners" when it begins its pursuit of tax evaders in the country's second tax amnesty, a leading UK tax professional has said
July 30 2009
This content is from: Direct Tax

New partner at Taylor Wessing
July 30 2009
This content is from: Australia

Deloitte hires partner from Ernst & Young
July 30 2009
This content is from: United States

Report highlights changes needed to US corporate tax system

The Information Technology and Innovation Foundation(ITIF), a non-partisan research and educational institute, has demanded that Congress should expand the US R&D tax credit system significantly, among other recommend...
July 27 2009
This content is from: United States

Finance Committee confirms new chief counsel

The Internal Revenue Service (IRS) in the US will have a new chief lawyer soon if senators accept the Finance Committee's recommendation for the post
July 27 2009
This content is from: Direct Tax

Enhanced relationship holds key to compliance

An OECD report suggests that banks and tax agencies should work together to deal with compliance risks during the economic downturn
July 27 2009
This content is from: Belgium

European Court casts doubt on Belgium-France treaty

A ruling from the European Court of Justice (ECJ) has raised concerns as to whether the double tax treaty between Belgium and France violates European Community law on the free movement of capital
July 27 2009
This content is from: Australia

Crown dependencies bolster tax network

The UK crown dependencies have continued their campaign to implement international tax standards by signing two new tax information exchange agreements
July 27 2009
This content is from: Direct Tax

Insurance executives press for tax certainty

A committee co-chaired by the chancellor of the exchequer believes a stable, predictable and competitive tax system will be important for the medium and long term health of the insurance industry in the UK
July 27 2009
This content is from: Belgium

EU VAT grouping proposals split opinions

The European Commission's plans to tackle cross-border tax evasion by harmonising rules on VAT grouping have split opinions among Europe's tax professionals
July 23 2009
This content is from: Lithuania

Lithuania raises VAT rate
July 23 2009
This content is from: Spain

Martin quits Linklaters
July 21 2009
This content is from: Brazil

OECD applauds Brazil's tax policy responses to downturn

A new report says that tax strategies have been part of the sound policies that have enabled Brazil to resist the global downturn better than other countries.
July 20 2009
This content is from: Direct Tax

UK study favours carbon trading

A report commissioned by the UK prime minister has come down in favour of carbon trading, rather than a carbon tax, as vital in combating climate change.
July 20 2009
This content is from: Direct Tax

Tax professionals blast UK senior accounting officer rules

A tax lawyer at a leading UK law firm has slammed the government's new senior accounting officer rules, calling them "disproportionate" and "wholly unnecessary".
July 20 2009
This content is from: Direct Tax

IMF warns of increasing non-compliance in recession

Governments should strengthen transfer pricing regulations and enact a general anti-avoidance rule to address cross-border-compliance risks in the recession, an IMF report has said.
July 20 2009
This content is from: United States

Corporate tax changes to pay for healthcare reform

The economic substance doctrine is to be codified under new legislation relating to the restructuring of the US healthcare system.
July 20 2009
This content is from: Ireland

European Court rejects Ireland's VAT rules

The European Court of Justice has ruled that Ireland is in breach of European law in relation to how public bodies charge VAT.
July 20 2009
This content is from: Hong Kong SAR

Baker & McKenzie adds to Hong Kong practice
July 19 2009
This content is from: Singapore

Singapore signs up to more information exchange

Singapore has announced its second tax information agreement in a week.
July 16 2009
This content is from: United Kingdom

Manx government steps up tax cooperation campaign

The Isle of Man has continued its campaign to implement international tax standards by signing a double tax agreement with Belgium.
July 15 2009
This content is from: Direct Tax

Vote to find Asia's most admired tax directors

International Tax Review is conducting a poll to find the 10 most admired tax directors in Asia. We are inviting the leading tax advisers, tax directors, CEOs and CFOs across Asia to vote for their preferences.
July 14 2009
This content is from: Italy

DLA Piper signs up new tax litigation team
July 14 2009
This content is from: Luxembourg

Luxembourg gives in to OECD demands

Luxembourg has bowed to international pressure and signed its 12th tax information exchange agreement, removing it from the OECD's grey list of uncooperative jurisdictions.
July 13 2009
This content is from: Singapore

Singapore agrees to share tax information with France

Singapore will sign an agreement later this year to exchange tax information with France in a bid to improve its status worldwide.
July 13 2009
This content is from: Direct Tax

"Name and shame" campaign could hit UK corporates

Tax professionals in the UK are calling for appropriate safeguards and clear guidelines to make sure corporates that pay the correct amount of tax do not end up on the government's black list of tax dodgers.
July 13 2009
This content is from: United States

US makes dent in the tax gap

The US Treasury has told the Senate Finance Committee that the federal tax gap has fallen from about $345 billion in 2005 to about $290 billion now. The reduction has come mainly from enforcement actions and other lat...
July 13 2009
This content is from: Direct Tax

Tax executive slams UK CFC rules

A top UK tax strategist has criticised government plans to modernise the country's controlled foreign company rules, saying the concept of a CFC system is "questionable".
July 12 2009
This content is from: Italy

G8 call for more effort in establishing tax transparency

The requirement to sign 12 tax information exchange agreements should be seen as the start and not the end for countries wanting to comply with international standards of tax transparency, the leaders of the world's t...
July 09 2009
This content is from: Direct Tax

UK proposes new capital gains rules for groups

The UK government is asking for public opinion on new capital gains rules for groups of companies.
July 07 2009
This content is from: United States

Bingham announces merger with US law firm
July 06 2009
This content is from: Direct Tax

Korea to postpone tax cuts

Korea's plans to bring forward proposed corporate tax cuts may be on hold.
July 06 2009
This content is from: Italy

Italy broadens CFC rules

The Italian government has extended the country's controlled foreign company (CFC) rules in a bid to combat tax evasion.
July 06 2009
This content is from: Canada

Companies seize on prospect of lower rates in Canada

Jim Flaherty, Canada's finance minister, hopes cuts in federal and provincial tax rates will encourage companies to move their corporate structures to Canada.
July 06 2009
This content is from: South Africa

TPA moves into South Africa and Turkey
July 05 2009
This content is from: Germany

RP Richter joins international network
July 05 2009
This content is from: India

Fringe benefit tax gets the chop in Indian budget

After feverish build-up, today's Indian budget proved something of a disappointment for some tax professionals, while others welcomed the government's attempts at reform.
July 05 2009
This content is from: Belgium

Heyvaert quits Stibbe
July 01 2009

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