This content is from: India ANALYSIS: How India’s increased OECD cooperation will increase taxpayer scrutiny India’s decision to increase its cooperation with the OECD should trigger alarms for taxpayers as their Indian operations are likely to be put under more scrutiny from the country’s tax officials. By Matthew Gilleard January 31 2012
This content is from: Switzerland EXCLUSIVE: Rudolf Elmer explains why he blew the whistle on Julius Bär’s secret evasion... Rudolf Elmer’s name hit the international headlines when he was exposed as the whistle-blower on the activities of his former employer, Swiss bank Julius Bär, in the Cayman Islands, handing over the names of 2,000 tax... By Salman Shaheen January 31 2012
This content is from: Canada Canada’s corporate tax cuts need more time to work A new report from the Canadian Labour Congress (CLC) has called into question the effectiveness of Canada’s corporate tax cuts. The three-step reduction in the country’s corporate tax rate, implemented with the object... By Matthew Gilleard January 31 2012
This content is from: India SPECIAL REPORT: Everything you need to know about the Vodafone ruling International Tax Review has compiled a special free pdf report on Vodafone’s Indian Supreme Court victory. View the ruling, read what industry had to say, and uncover what this decision means for your business. By Jack Grocott January 30 2012
This content is from: United States COMMENT: The US emergency: corporate tax reform to define presidential election The British emergency services telephone number is 999. In times of trouble, this is the number that is relied on for help and, interestingly enough, this same number was the initial spark that propagated the focus on... By Matthew Gilleard January 30 2012
This content is from: United States New FATCA guidance to lift compliance burden The US government has listened to the concerns of financial institutions and practitioners about the implementation of the Foreign Account Tax Compliance Act (FATCA). By Ralph Cunningham January 30 2012
This content is from: Netherlands Trust, transparency and understanding are key, says Shell CFO Shell CFO Simon Henry spoke about cooperation between taxpayers and tax authorities at the latest meeting of the OECD Forum on Tax Administration. By Ralph Cunningham January 26 2012
This content is from: United States Obama on tax code: “Let’s change it” President Obama yesterday used his State of the Union address to stress the need for tax reform, claiming “My message is simple...Send me those tax reforms, and I’ll sign them right away”. By Matthew Gilleard January 25 2012
This content is from: Belgium Belgian authorities clarify approach to tax The Belgian Ruling Commission (RC) has given new guidance on how it goes about its work. This has implications for any multinational company seeking a ruling on cross-border transactions involving Belgium. January 25 2012
This content is from: United States Why 2012 will be a busy year for tax treaty developments in the US During 2011, the US did not enter into any new treaties or protocols. However, 2012 looks set to be very different, with negotiations aimed at new agreements expected to continue with Chile, Hungary, Luxembourg and Sw... By Matthew Gilleard January 24 2012
This content is from: Russia TREATY ANALYSIS: Russia-UAE DTA A double tax treaty signed between Russia and the UAE last month will facilitate greater investment into Russia, but only through state-owned funds. By Joe Dalton January 24 2012
This content is from: Boeing, FedEx and Nike demand lower US corporate tax rate Some of the world's largest multinational companies have this week renewed calls for a lower US corporate tax rate. By Matthew Gilleard January 24 2012
This content is from: United Kingdom Why the future of UK CFC reform is looking bright With the consultation on the future of the UK’s controlled foreign company (CFC) regime coming to an end, the planned liberalisation is already starting to pay dividends. By Matthew Gilleard January 24 2012
This content is from: United States Effective tax rate watch: US banks announce results for 2011 Some large US multinational companies reported their annual and quarterly results this week, including details of their effective tax rates. By ITR Correspondent January 20 2012
This content is from: Argentina How tax administrators plan to get close to biggest companies The most senior officials from tax authorities around the world have committed their organisations to a stronger relationship with large businesses in an effort to instil good tax compliance habits. By Ralph Cunningham January 19 2012
This content is from: India Everything you need to know about tomorrow’s Vodafone ruling India’s Supreme Court will tomorrow issue its ruling on whether Vodafone is to pay $2.5 billion in tax to the Indian government. Here is everything you need to know to prepare for the decision. By Jack Grocott January 19 2012
This content is from: Commissioners to keep pressure on compliance How to work most effectively with large businesses, how to improve the efficiency of tax administrations and offshore compliance will be on the agenda when the world’s most senior tax officials meet in Buenos Aires to... January 18 2012
This content is from: Singapore Income tax project remains possibility for IASB Organisations and individuals with responsibility for accounting standards in Asia got the opportunity to raise their concerns with International Accounting Standards Board (IASB) trustees at a public roundtable in Si... By ITR Correspondent January 18 2012
This content is from: United States The real reason Aon is moving its headquarters to the UK Insurance giant Aon has denied that tax is the reason why it is relocating its global headquarters from Chicago to London, but documents seen by International Tax Review suggest otherwise. By Joe Dalton January 17 2012
This content is from: Direct Tax How tax could replace aid for developing countries Speaking to International Tax Review, Pascal Saint-Amans, the incoming head of tax policy and administration at the OECD, highlighted the goal of replacing aid with tax collection. But what will it mean for taxpayers? By Salman Shaheen January 16 2012
This content is from: European Union Kenny: Irish corporation tax rate stays In advance of negotiations between EU member states about new economic and financial rules for the eurozone, Enda Kenny, Ireland’s Taoiseach or prime minister, has emphasised his government’s commitment to a 12.5% cor... By Ralph Cunningham January 12 2012
This content is from: United States US tax gap widens as share from business increases Official figures suggest that US federal tax compliance by corporations has got worse since 2001. However, that is not the whole picture. By Ralph Cunningham January 12 2012
This content is from: United States Tax planning lacks detail in SEC disclosures A study has found that US taxpayers do not always explain in their statutory disclosures what tax planning strategies they plan to use to generate taxable income to allow them make use of deferred tax assets. By Ralph Cunningham January 11 2012
This content is from: United States Why the US tax gap is increasing The US tax gap has increased to $385 billion suggesting the IRS is not doing enough to enforce compliance, official statistics reveal. By Matthew Gilleard January 10 2012
This content is from: BUDGET PREVIEW: The future of Singapore’s low corporate tax rate Ahead of next month’s budget, opinions are divided as to whether Singapore should reduce its corporate tax rate. By Matthew Gilleard January 10 2012
This content is from: United States Schedule M-3 stays the same The Internal Revenue Service in the US has announced no changes are planned to Schedule M-3 forms for tax year 2012, apart from any changes that may have to take place because of the enactment of new law. January 05 2012
This content is from: Accounting relief for Romanian banks The Romanian government provided some welcome tax accounting news for the banking sector at the end of 2011. January 04 2012
This content is from: How Indian businesses can prepare for IFRS The implementation of IFRS in India has suffered several setbacks and is now not expected to be introduced until 2013, but tax advisers say that businesses can take some important steps before their introduction. By Joe Dalton January 04 2012
This content is from: United States IRS takes new approach to corporate tax compliance The commissioner of the Internal Revenue Service has said the US tax authorities want to take a more strategic approach to dealing with corporate taxpayers. January 04 2012
This content is from: United States Fatca: IRS is listening, says Shulman New guidance on US legislation dealing with offshore tax compliance will respond to overseas concerns about implementation, the head of the Internal Revenue Service (IRS) has said. January 04 2012
This content is from: Australia TREATY ANALYSIS: Amendments to the India-Australia DTAA India and Australia have signed a new protocol amending their double taxation avoidance agreement (DTAA) which makes a number of changes that will benefit multinationals operating in both countries. By Joe Dalton January 04 2012
This content is from: Albania New year brings new changes for taxpayers As the world welcomed a new year, January 1 also saw the introduction of new tax rules and legislation in various international jurisdictions. By Matthew Gilleard January 03 2012
This content is from: United States What the US Republican presidential candidates have to say about corporate tax Over the next six months Republicans in each US state will vote for the candidate they want to represent the party in next November's presidential election. Here’s what the hopefuls have to say on corporate taxes. By Matthew Gilleard January 03 2012
This content is from: Australia Why 2012 could be a big year for Australian tax reform Corporate tax reform in Australia was expected in 2011, but widespread change did not materialise and the issue looks set to continue in 2012 as the government seeks input on how the system should operate. By Matthew Gilleard January 03 2012
This content is from: Argentina Argentina: Software promotional regime extended Through the enactment of law 26692, the software promotional regime, created by law 25922, has been extended from September 2014 until the end of 2019. January 01 2012
This content is from: Sponsored Finland: Finnish government considers new tax incentives In October 2011, major Finnish trade unions and employers’ organisations agreed on the conditions of a new framework agreement. To support the tendencies of both parties, the Finnish government made suggestions regard... January 01 2012
This content is from: Sponsored US Outbound: IRS issues final regulations on treatment of disregarded entities for empl... The Internal Revenue Service (IRS) recently released final regulations clarifying that a disregarded entity, which is treated as a corporation for employment tax purposes, will also be treated as a corporation for tax... January 01 2012
