This content is from: Foreign collective investment vehicles exempt from Polish income tax May 31 2011
This content is from: Asia directors unveil long list of concerns After last month’s Asia Tax Executives’ Forum in Singapore, International Tax Review investigates the real issues Asian tax directors face on a daily basis as they experience greater scrutiny from authorities while at... May 31 2011
This content is from: Austria’s new approach to banking secrecy Alexander Hofmann of Hofmann Law runs through Austria’s latest attempts to improve its banking secrecy and discovers that the country needs to make more concessions to global standards if it wants to shrug off its tax... May 31 2011
This content is from: Romania: Interest & Royalty Directive: Application and interpretation of facts May 31 2011
This content is from: Sponsored Mexico and Kuwait enter into tax treaty During the ordinary session period that closed on April 2011, the Mexican Senate approved the tax treaty signed between Mexico and Kuwait. By ITR Correspondent May 31 2011
This content is from: Draft regulations for new UK investment trust companies increase regime’s attractiveness Draft regulations have been published for the new UK Investment Trust Company Tax Regime. The draft investment trust company (ITC) rules provide details on how the UK ITC tax regime will look. By Matthew Gilleard May 30 2011
This content is from: India amends FDI policy for LLPs The Cabinet Committee on Economic Affairs in India, this month approved the much-awaited proposal for the amendment of the Foreign Direct Investment (FDI) Policy to allow FDI in Indian limited liability partnerships (... By ITR Correspondent May 30 2011
This content is from: Debate intensifies over Northern Ireland tax cut Supporters of the proposal to cut corporation tax to 12.5% gathered to hear Secretary of State for Northern Ireland, Owen Paterson, speak in Belfast on May 25 at the launch of the cross-party GrowNI campaign. May 30 2011
This content is from: Tax dominates 50th anniversary OECD meeting Jeffrey Owens, director of the OECD Centre for Tax Policy and Administration, was encouraged to see a strong tax current running through all the topics discussed at the Organisation’s ministerial meeting in Paris. By Salman Shaheen May 30 2011
This content is from: Ways and Means ponders lower corporate tax rate The Ways and Means Committee, the body in the US House of Representatives responsible for writing tax law, heard from advisers and lawyers on May 24 about how other developed countries have reformed their corporate ta... May 25 2011
This content is from: Opposition grows to UK oil tax rise Opposition to the UK’s controversial decision to increase taxes on the country’s energy industry has gained pace, with Scotland’s First Minister Alex Salmond branding the move a “smash-and-grab” raid that could cost u... By Salman Shaheen May 23 2011
This content is from: Eight member states show CCCTB yellow card Ireland and the UK have joined the Netherlands and five other countries in rejecting the EU’s proposals for a Common Consolidated Corporate Tax Base (CCCTB). By Matthew Gilleard May 23 2011
This content is from: New Zealand budget reforms thin capitalisation for banks and treatment of mixed-use assets New Zealand announced its Budget 2011 last week and issues of taxation have, for once, not dominated budget policy. But there are still a number of provisions affecting taxpayers in the country. By Matthew Gilleard May 23 2011
This content is from: US Senate votes to keep oil tax incentives The five largest oil and gas companies narrowly survived a Democrat attempt to scrap $21 billion in tax breaks over 10 years and use the cash to reduce the US deficit. May 23 2011
This content is from: Lagarde is favourite for IMF job, but Tobin tax may be real winner If Christine Lagarde becomes the IMF’s next managing director, her support for the Tobin tax may give it a new prominence. By Salman Shaheen May 22 2011
This content is from: Brazil looks to clarify issue of tax liability for consortiums The federal government of Brazil has sought to clarify the law regarding tax obligations of companies that enter into a consortium following the controversy of Provisional Measure No. 510. May 18 2011
This content is from: US considers corporate tax holiday The US Treasury Department is debating whether to allow companies to repatriate earnings at a lower tax rate as a draft Bill to enable it is brought before the House of Representatives. May 18 2011
This content is from: The winners of the 2011 European Tax Awards International Tax Review broke new ground last night with the presentation of awards for the leading in-house tax teams in Europe for direct and indirect tax. May 18 2011
This content is from: Reports of African audit for SABMiller are premature Five African tax authorities are convening in South Africa next month to discuss a UK development agency’s arguments that SABMiller avoids tax in the continent, but media reports suggesting the company is about to be ... By Salman Shaheen May 16 2011
This content is from: Tax policy makers seek to boost venture capital investment for SMEs EU member states should do more to coordinate tax policy in an effort to eradicate the double taxation risk cross-border venture capital investors often face. May 16 2011
This content is from: European taxpayers yet to see the benefit of lower rates For European countries crawling out from under recession, a key growth strategy has been a focus on shifting the burden of taxation from companies to consumption. However some of its leading taxpayers report they have... By Salman Shaheen May 16 2011
This content is from: Simplifying UK tax system will take time, shows budget assessment The Treasury committee has presented UK members of Parliament with a detailed analysis of the tax developments announced in Chancellor of the Exchequer George Osborne’s budget, highlighting the over-complexity of the ... By Matthew Gilleard May 15 2011
This content is from: Asia forum hears of more risks for taxpayers Beneficial ownership commanded attention when the Asia Tax Executives’ Forum kicked off on May 11 with a discussion about tax developments in the region. May 12 2011
This content is from: South East Asia emphasises enforcement Transfer pricing is a global compliance concern now and this is the case in Asia too, a tax director told International Tax Review’s Asia Tax Executives’ Forum in Singapore this week. May 12 2011
This content is from: Australian budget overshadowed by carbon omissions Julia Gillard’s government has come under fire once again over its proposed carbon tax. Though it did not feature in this week’s budget, its omission has only sparked more debate on the issue. By Matthew Gilleard May 11 2011
This content is from: Asia tells tax transparency story The age of tax scrutiny has arrived, a practitioner told International Tax Review's Asia Tax Executives ' Forum today. May 10 2011
This content is from: CCCTB cons outweigh pros for Netherlands The Dutch government has rejected the recent EU proposals for a Common Consolidated Corporate Tax Base (CCCTB), citing a number of key objections to the proposals as they stand. By Matthew Gilleard May 10 2011
This content is from: Confusion over Australia’s anti-avoidance laws leading to complex litigation An Australian judge has claimed that tax avoidance cases in Australia have become more complex than they need to be because of the way judges are interpreting the tax law. By Matthew Gilleard May 09 2011
This content is from: UK tax changes hastening North Sea’s demise Opposition to the UK’s controversial decision to increase taxes on the country’s energy industry has gained pace, with major players active in the North Sea writing an open letter to finance minister George Osborne, t... By Salman Shaheen May 09 2011
This content is from: OECD recommends tax changes to combat sluggish Italian growth Measures beyond the aggressive pursuit of tax evasion will have to be implemented if the Italian government fails to meet its target to reduce government deficit, the OECD warned. May 09 2011
This content is from: Venezuela hikes oil taxes President Hugo Chavez has unveiled a revamp of Venezuela’s upstream regime, hiking the already-hefty 60% tax rate on oil production to as much as 95%. But the massive rise may not be as onerous as it looks, and may no... By Salman Shaheen May 09 2011
This content is from: Oil companies brace for increased taxes on the back of high prices The US and UK governments rarely see eye-to-eye with Venezuela, but tax policy in all three countries looks set to make life more difficult for oil companies. By Salman Shaheen May 08 2011
This content is from: US tax policy chief steps down As President Obama prepares a proposal to overhaul the corporate tax system in the US, the top tax policy adviser in the Treasury is leaving his post. May 06 2011
This content is from: Slovenia plans unusual bank levy Slovenia has announced plans to introduce a bank levy, following in the footsteps of a number of other European countries, but its tax has quite a different purpose. By Salman Shaheen May 02 2011
This content is from: OECD starts discussion on beneficial ownership Taxpayers will get an opportunity to have their say on the interpretation of the term beneficial owner in the OECD Model Tax Convention. By ITR Correspondent May 02 2011
This content is from: OECD urges New Zealand to review tax incentives The OECD believes the reform of property taxes, rather than any changes to corporate taxation, would help the New Zealand economy. By ITR Correspondent May 02 2011
This content is from: Tax planning in US must be tied to business With multinational companies expanding their businesses in more parts of the world than ever before, the implications for tax planning continue to cause headaches for advisers. By Matthew Gilleard May 02 2011
