This content is from: US tax certainty more important than lower rates for CFOs, says A&M report US CFOs say they consider certainty in the tax code more important than a reduction in corporate tax rates. At present, few businesses even perform impact assessment models for US tax proposals; such is the extent of ... By Matthew Gilleard May 31 2012
This content is from: India India’s Mukherjee says share of direct taxes to reach 12% of GDP India’s finance minister, Pranab Mukherjee, has said that the share of direct tax should be 12% of the country’s GDP, and that it will soon reach that point. By Matthew Gilleard May 28 2012
This content is from: United States Eaton’s move to Ireland highlights need for US tax reform, more relocations expected soon Eaton Corporation’s decision to move its headquarters from the US to Ireland, following its acquisition of Dublin-based electrical equipment supplier Cooper Industries, highlights the need for US tax reform, warn advi... By Matthew Gilleard May 28 2012
This content is from: European Union Eurostat confirms EU average corporate tax rate increases for first time since 2001 The average corporate tax rate among EU member states has increased for the first time in more than a decade, and taxpayers can expect fewer rate cuts while the financial crisis continues, according to advisers. By Joe Dalton May 28 2012
This content is from: United Kingdom Pressure grows on UK government to devolve corporate tax powers to Northern Ireland Northern Ireland may be one step closer to convincing the UK government to allow it to control its own corporate tax rate. By Matthew Gilleard May 28 2012
This content is from: Clare Short talks country-by-country reporting and the Extractive Industries Transparen... EXCLUSIVE: Clare Short, chair of the Extractive Industries Transparency Initiative (EITI) and former UK Secretary of State for International Development, tells International Tax Review about her efforts to introduce c... By Salman Shaheen May 28 2012
This content is from: EC’s Semeta is right to demand better European tax cooperation, but blame lies with Aus... COMMENT: The EU is not united about information exchange, one of the most important global tax policy issues of recent years, and Austria and Luxembourg are to blame. By Jack Grocott May 27 2012
This content is from: Canada Tackling non-taxation: harmonisation vs linking rules Tax authorities are increasingly engaging with one another to fight double non-taxation, and as the European Commission’s consultation on the issue closes next week, there is debate over the best approach to adopt. By Joe Dalton May 22 2012
This content is from: United States Sutherland adds two new partners to insurance tax group Dennis Allen and Kristan Rizzolo have joined Sutherland Asbill & Brennan as partners in the firm’s Washington DC insurance tax practice after holding similar roles at Dewey & LeBoeuf. May 22 2012
This content is from: United States Morrison & Foerster adds partner to NY tax group Domnick Bozzetti has joined Morrison & Foerster’s New York office, as a partner in the firm’s tax department. By ITR Correspondent May 22 2012
This content is from: Spain New global head of tax for Freshfields Freshfields Bruckhaus Deringer has appointed Madrid partner Silvia Paternain as its new global head of tax. May 21 2012
This content is from: United Kingdom 2020 Tax Commission urges government to cut tax burden on business and banks A report by the 2020 Tax Commission says the UK government should cut corporate tax rates, remove financial sector taxes and simplify tax rules to give the UK a tax system fit for the 21st Century. By Joe Dalton May 21 2012
This content is from: Norway National Grid Indus case spurs new exit tax rules for Norway The Norwegian government last week submitted its revised budget to parliament, with changes relating to exit taxes, all arising from the ECJ’s decision in National Grid Indus. By Matthew Gilleard May 21 2012
This content is from: United States Batter returns to Baker & McKenzie Anne Batter has rejoined Baker & McKenzie, where she was an attorney between 2000 and 2008, as a partner in the firm’s Washington, DC office. May 21 2012
This content is from: India Mukherjee’s defence of Indian retroactive amendment fails to please India’s finance minister has defended his government’s decision to amend the tax law with retroactive effect, but practitioners are not convinced by his arguments. By Matthew Gilleard May 20 2012
This content is from: Why linking rules not harmonisation will tackle double non-taxation If tax authorities are to combat double non-taxation then the application of targeted linking rules, and not harmonisation, is the only realistic option. By Joe Dalton May 20 2012
This content is from: Australian tax reform still on the table Treasurer Wayne Swan has told Australian businesses that the abandoned corporate tax rate reduction from 30% to 29% was down to the opposition coalition and the Greens, and has restated the Labor party’s commitment to... By Matthew Gilleard May 17 2012
This content is from: Austria EMI and Rank’s tax teams show their worth at European Tax Awards The tax groups of two entertainment companies won the in-house accolades at International Tax Review’s European Tax Awards last night. By Ralph Cunningham May 16 2012
This content is from: Global World Tax 2013 questionnaires can be submitted now The research has now started for World Tax 2013, International Tax Review's directory of leading tax law and tax accounting firms around the world. May 15 2012
This content is from: Germany Simmons & Simmons expands in Germany Simmons & Simmons is the latest law firm to prosper from the turmoil at Dewey & LeBoeuf after it hired one of the firm’s tax partners, Bernulph von Crailsheim. May 14 2012
This content is from: Hong Kong SAR TREATY ANALYSIS: Hong Kong – Malaysia DTA Hong Kong and Malaysia have entered into a new double taxation agreement (DTA), pending ratification, with provisions to clarify that a tax liability on business profits only arises if the company has a permanent esta... By Matthew Gilleard May 14 2012
This content is from: India India seeks Mauritius treaty renegotiation The Indian government has long held the view that the India-Mauritius tax treaty is used by foreign investors to avoid capital gains tax payments in India, and the authorities are looking to alter its clauses, though ... By Matthew Gilleard May 14 2012
This content is from: Direct Tax New OECD launch will bring global experts to developing countries The OECD’s Task Force on Tax and Development has launched a new initiative aimed at bolstering developing countries’ domestic revenues by improving their tax systems. By Matthew Gilleard May 14 2012
This content is from: Obama unveils tax to-do list for Congress US President Barack Obama is calling on Congress to enact a number of measures to encourage businesses to move back to the country. By Matthew Gilleard May 14 2012
This content is from: KPMG UK has new head of tax Jane McCormick has become head of tax for KPMG in the UK, succeeding Alastair McLeish, who has been in the position since July 2010. May 13 2012
This content is from: United States New departures from Dewey & LeBoeuf Another two Dewey & LeBoeuf tax partners have left the firm. May 10 2012
This content is from: Canada Gowlings adds partner Serge Gloutnay has joined Gowlings – Taxand Canada in Montreal as a partner in its Montréal office. May 10 2012
This content is from: Reed Smith launches German tax practice with new partner International law firm Reed Smith has appointed Thomas Gierath to its partnership. May 08 2012
This content is from: BUDGET ANALYSIS: No cut for Australian businesses Australian Treasurer Wayne Swan used today’s budget speech to confirm the retention of the 30% corporate tax rate, introduce new loss carry-back measures, and alter the treatment of capital gains. By Matthew Gilleard May 07 2012
This content is from: India India delays GAAR as Finance Bill is amended India’s parliament today passed amendments to the much-criticised Finance Bill 2012, including delaying the implementation of the general anti-avoidance rule (GAAR) by one year, and shifting the burden of proof from t... By Matthew Gilleard May 07 2012
This content is from: India Rao elected EY global COO Srinivasa Rao has been elected as Ernst & Young's global COO. May 07 2012
This content is from: Why the OECD must improve the model for information exchange The OECD’s tax chief says the organisation is the standard setter when it comes to promoting tax information exchange and tackling tax avoidance, but it’s a bold claim to make when the standard it is advocating relies... By Joe Dalton May 07 2012
This content is from: United Kingdom Companies must take initiative on CSR and tax transparency Delegates at International Tax Review’s inaugural Tax and Transparency Forum heard how taking the initiative is the most important step to take when it comes to tax transparency and corporate social responsibility (CS... By Matthew Gilleard May 07 2012
This content is from: Direct Tax Shortlists for European Tax Awards 2012 announced Companies such as Sony, AstraZeneca, Rank and E.ON Energy Trading have been nominated for the in-house awards at International Tax Review's European Tax Awards. By Ralph Cunningham May 03 2012
This content is from: United States Country-by-country reporting : panacea or pipe dream? An ardent tax justice campaigner, an ex-cabinet minister and representatives from two of the largest companies in the extractive industry debated the merits of country-by-country reporting (CBCR) at International Tax ... May 03 2012
This content is from: United States GM makes profit while avoiding US tax General Motors has revealed that its worldwide tax rate has gone up, having paid no US federal tax since exiting bankruptcy. By Jack Grocott May 03 2012
This content is from: United States Christensen: “Inexorable” move to automatic information exchange The executive director of the leading campaign organisation for tax justice believes the world must make more progress on making automatic exchange of information (EoI) between tax authorities the international standa... By Ralph Cunningham May 03 2012
