Direct Tax

Archive: Direct Tax

This content is from: Australia

Analysing the Canada-Australia DTA

TREATY ANALYSIS: Last month Australia and Canada announced they are in the process of renegotiating the double tax avoidance treaty between the two countries.
By Matthew Gilleard
August 28 2012
This content is from: Canada

Canada presses ahead with corporate tax reforms

The Canadian government has released a document containing draft legislative proposals for a range of corporate tax reforms.
By Matthew Gilleard
August 28 2012
This content is from: India

Chidambaram’s comments put future of India’s DTC in doubt

India’s new Finance Minister Palaniappan Chidambaram has cast doubt over the future of the Direct Taxes Code (DTC), and now advisers say it may be permanently shelved.
By Matthew Gilleard
August 28 2012
This content is from: United Kingdom

UK government urged to implement country-by-country tax reporting

A report from the UK Parliament’s International Development Committee has highlighted the importance of tax collection in developing countries, demanding greater transparency and country-by-country reporting.
By Matthew Gilleard
August 27 2012
This content is from: Sponsored

Japan adopts earnings stripping rules

As part of the 2012 Tax Reform, Japan adopted earnings-stripping provisions under which a corporation's deduction for net interest expense paid to a related party will be limited to 50% of adjusted income effective fo...
August 27 2012
This content is from: Direct Tax

Deals of the week - August 27 2012
August 27 2012
This content is from: Direct Tax

Treaties of the week - August 27 2012
August 26 2012
This content is from: India

India names new CBDT chairwoman

The Indian Ministry of Finance has confirmed Poonam Kishore Saxena has been appointed as chairwoman of the Central Board of Direct Taxes (CBDT), effective immediately.
August 21 2012
This content is from: United States

TJN’s Markus Meinzer looks at why bank reporting obligations are vital for AIE

The Tax Justice Network and CCFD-Terre Solidaire have a new report out today exploring lessons for registries of trusts and foundations and for improving automatic tax information exchange (AIE). International Tax Re...
By Salman Shaheen
August 20 2012
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Analysing the revised India-Indonesia DTA

TREATY ANALYSIS: India and Indonesia last month signed an updated version of their 1987 tax treaty.
By Matthew Gilleard
August 20 2012
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French Amended Finance Act brings corporate tax changes

France has amended its Finance Act to include a 3% surtax on dividend distributions, changes to the controlled foreign company (CFC) rules, and further restrictions on tax loss carryforwards.
By Matthew Gilleard
August 20 2012
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Sweden reiterates intention to cut corporate tax rate

Swedish Prime Minister Fredrik Reinfeldt has paved the way for a corporate tax cut, saying the measure is necessary for Sweden to remain competitive.
By Matthew Gilleard
August 20 2012
This content is from: Direct Tax

Deals of the week - August 20 2012
August 19 2012
This content is from: Direct Tax

Treaties of the week - August 20 2012
August 19 2012
This content is from: Direct Tax

What you have missed on ITR Premium

An update on the UK’s SAO compliance efforts; why South Korea is the latest country to announce an FTT; and an analysis of the recently updated HK-Mexico DTA were just three articles that appeared on ITR Premium last ...
By ITR Correspondent
August 19 2012
This content is from: China

China issues clarification on beneficial ownership in tax agreements

For the first time, China's State Administration of Taxation has provided for the direct recognition of a beneficial owner without references and analysis.
By ITR Correspondent
August 16 2012
This content is from: Hong Kong SAR

Analysing the new Hong Kong-Mexico DTA

TREATY ANALYSIS: Mexico has become the first North American country to sign a tax treaty with Hong Kong. The new treaty will make it easier for Mexican outbound investment to Asia.
By Matthew Gilleard
August 13 2012
This content is from: Austria

TJN’s Markus Meinzer unveils global progress on automatic information exchange

The Tax Justice Network is about to release a new study on the progress being made to introduce automatic information exchange (AIE). International Tax Review speaks to the author of the study, Markus Meinzer, ahead o...
By Salman Shaheen
August 13 2012
This content is from: Direct Tax

ATAF countries sign new tax cooperation agreement

Twenty-one African countries have reached a consensus on the text of an African Agreement on Mutual Assistance in Tax Matters.
By Matthew Gilleard
August 13 2012
This content is from: United States

Olin chooses Alvarez & Marsal Taxand

Jeffrey Olin has left his role as vice-president – tax for Fortune Brands to join Alvarez & Marsal Taxand as a managing director in Chicago.
August 13 2012
This content is from: Direct Tax

Deals of the week - August 14 2012
August 13 2012
This content is from: Australia

Australia one step closer to corporate tax cut, says BTWG

Australia’s Business Tax Working Group (BTWG) has released a consultation document exploring the merits of a reduction in the corporate tax rate, calculating the cost of reaching Ken Henry’s suggested 25% rate at A$26...
By Matthew Gilleard
August 13 2012
This content is from: Direct Tax

Treaties of the week - August 14 2012
August 13 2012
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New venture for Teijeiro

Argentinian lawyer, Guillermo Teijeiro, has launched a new firm.
August 12 2012
This content is from: Luxembourg

Analysing the LoB clause in the new Luxembourg-Poland DTA

Henri Prijot of Deloitte Luxembourg analyses the limitation of benefits (LoB) provision in the recently updated Luxembourg-Poland treaty.
August 12 2012
This content is from: South Africa

New director at ENS South Africa

Natalie Napier has joined ENS – Taxand as a director in Johannesburg, specialising in corporate tax.
August 12 2012
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What you have missed on ITR Premium

What the future holds for Japan's indirect tax system; the UK updating its CFC regime; and US lawmakers agreeing how to speed up tax reform were just three articles that appeared on ITR Premium last week.
By ITR Correspondent
August 12 2012
This content is from: Singapore

Why Singapore is naming and shaming corporate tax evaders

The Singapore tax authorities have fined a company S$12,000 ($9,500) after it was discovered to have evaded taxes and levied a penalty of S$250,990 on the taxpayer, equivalent to three times the amount of tax evaded.
By Matthew Gilleard
August 06 2012
This content is from: South Korea

South Korea to hike taxes on large companies

The South Korean government and ruling Saenuri Party have produced a revised tax Bill targeting large companies, which is expected to raise tax revenue by KRW1.8 trillion ($887 million).
By Matthew Gilleard
August 06 2012
This content is from: India

India’s Chidambaram to reconsider Vodafone retroactive tax amendments

India’s new finance minister, Palaniappan Chidambaram, has moved to increase taxpayer confidence by ordering a review of the recently proposed retroactive tax law amendments.
By Jack Grocott
August 06 2012
This content is from: United Kingdom

UK updates CFC excluded territories exemption

The UK Treasury has revised the draft regulations for the excluded territories exemption (ETE) of the controlled foreign companies (CFC) regime.
By Matthew Gilleard
August 06 2012
This content is from: United States

US lawmakers agree on how to speed up tax reform

US lawmakers have passed a Bill to expedite tax reform procedural issues in 2013. The Bill will provide a fast-track procedure for enacting tax reform, if the reform proposals meet certain requirements.
By Matthew Gilleard
August 06 2012
This content is from: Direct Tax

Deals of the week - August 7 2012
August 06 2012
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Treaties of the week - August 7 2012
August 06 2012
This content is from: United States

Annette Ahlers is new Moss Adams partner

Annette Ahlers has joined Moss Adams as a partner in its tax specialty group in Los Angeles. She will advise businesses on corporate tax planning related to areas such as transactions, restructuring, post-acquisition ...
August 06 2012
This content is from: Sponsored

IRS releases new foreign tax credit regulations

The Internal Revenue Service (IRS) and US Treasury Department recently released two sets of regulations addressing the foreign tax credit rules.
August 05 2012
This content is from: Direct Tax

What you have missed on ITR Premium

How to survive an Indian tax audit; why taxpayers have not welcomed the EC’s Quick Reaction Mechanism; and how AIG is still benefiting from a controversial US tax benefit were just three articles that appeared on ITR ...
By ITR Correspondent
August 05 2012
This content is from: Sponsored

Spanish tax authorities deny characterisation as shares in income

The Central Economic Administrative Tribunal concluded that, contrary to the view taken by taxpayers, the juros sobre o capital próprio (JSCP) distributed by Brazilian subsidiaries should not qualify in Spain for the ...
August 02 2012

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