This content is from: Hong Kong SAR Hong Kong-Switzerland DTT analysis Since Hong Kong amended its tax law in 2010 to enable the adoption of the latest OECD information exchange standards in its tax treaties, it has made several moves to negotiate new treaties, and a double tax treaty wi... By Matthew Gilleard October 31 2012
This content is from: Direct Tax Future Focus: Tax and transformation in Iberoamerica's new business reality A series of articles from KPMG looks at the complex challenges facing tax directors who want to re-imagine their operations and reshape their long-term strategies. October 31 2012
This content is from: Australia Australian Business Tax Working Group fails Swan The Business Tax Working Group (BTWG), appointed by Treasurer Wayne Swan in 2011 to explore ways in which a corporate tax cut could be funded from within the business tax system, has produced its draft final report, s... By Matthew Gilleard October 30 2012
This content is from: United States RATE Coalition goes on campaign trail to speed up US reform President Barack Obama and his Republican opposite Mitt Romney are not the only ones travelling the length and breadth of the country to try and raise support for their campaign. The RATE Coalition, a bipartisan coali... By Matthew Gilleard October 30 2012
This content is from: Hong Kong SAR Hong Kong property tax may deter development The Hong Kong government has announced new taxes for non-residents and corporate buyers of property in the jurisdiction. By Matthew Gilleard October 30 2012
This content is from: Australia What you have missed on ITR Premium Financial institutions given more time for FATCA implementation; Shome discusses impact of expert committee report; Amazon's actions provoke calls for VAT reform; and How the FCE Bank ruling could help claimants behin... October 29 2012
This content is from: Canada Scott Wilkie makes another move in Canada Scott Wilkie, one of the most recognised names in the Canadian tax market, has joined Blake, Cassels & Graydon as a partner in the firm's Toronto office. By ITR Correspondent October 25 2012
This content is from: Portugal Portuguese corporate taxpayers hit by austere budget changes Portugal’s draft 2013 budget, released last week, has sparked unrest and protest because of the extreme austerity measures it included. While most of the anger stems from individual taxpayer provisions, corporates hav... By Matthew Gilleard October 22 2012
This content is from: Direct Tax OECD’s transparency forum expands in Africa The OECD’s Global Forum on Tax Transparency has welcomed its two newest members – Burkina Faso and Cameroon. October 22 2012
This content is from: Shome discusses impact of expert committee report The report of Parthasarathi Shome and his expert committee, which recommended that retrospective application of the tax law should only be used in the “rarest of rare” cases has been welcomed by taxpayers craving cert... By Matthew Gilleard October 22 2012
This content is from: Portugal OECD publishes latest proposals regarding beneficial ownership The OECD has published proposals regarding possible revisions of the rules to determine the beneficial owners of dividends, interest and royalties. By Matthew Gilleard October 22 2012
This content is from: United States What you have missed on ITR Premium US banks' effective tax rates; Starbucks, tax and CSR; Business Roundtable criticises Washington; Sales tax struck down in Egypt; Portugal's plans for FTT; Canadian Supreme Court favours GSK; How to manage tax dispute... October 21 2012
This content is from: United Kingdom Starbucks scandal could force tax onto CSR agendas Starbucks has gone to great pains to boost its corporate social responsibility (CSR) credentials by trumpeting fair trade products and environmentally sustainable practices, but after a scandal over the amount of tax ... By Salman Shaheen October 17 2012
This content is from: United States Business Roundtable accuses Washington of letting business down John Engler, Business Roundtable (BRT) president and former Michigan governor, said yesterday that inaction from Washington leaders on corporate tax and other issues has caused uncertainty for businesses and stalled e... By Matthew Gilleard October 15 2012
This content is from: China China reveals tax incentives for foreign investors In a bid to attract new foreign investment, China has moved to mitigate the impact of the enterprise income tax (EIT) that is levied on companies by offering reduced rates for foreign businesses satisfying certain cri... By Matthew Gilleard October 15 2012
This content is from: Global What you have missed on ITR Premium Miller to be acting IRS chief; Review of compliance in Australia but not GAAR; Italy changes mind on VAT; Norway hikes carbon tax; Finland relaxes interest deduction proposals; UK consults on games tax relief; NZ cour... By ITR Correspondent October 14 2012
This content is from: United Kingdom Nicholas Shaxson on Mitt Romney’s offshore millions EXCLUSIVE: In an interview with Salman Shaheen of International Tax Review, Nicholas Shaxson discusses how his investigation into US presidential candidate Mitt Romney’s tax affairs and his book Treasure Islands highl... By Salman Shaheen October 14 2012
This content is from: India India’s Shome report: Retroactivity only in “rarest of rare” cases The recommendations of the Parthasarathi Shome-led committee regarding the validity and appropriateness of retrospective amendments to the Indian tax law in light of the retroactive law change following Vodafone, have... By Matthew Gilleard October 14 2012
This content is from: Finland Finland softens interest deduction restriction Earlier this year, the Finnish government announced its intention to introduce an interest deduction limitation for companies. The EBITDA-based interest deduction limitation proposal was met with opposition from vario... By Matthew Gilleard October 08 2012
This content is from: United States PwC reinforces US tax disputes practice Multinational professional services firm PwC has strengthened its US Tax Controversy and Dispute Resolution practice with the addition of Elizabeth Askey as a principal. October 08 2012
This content is from: United States US presidential candidates draw tax battle lines in live debate Last week’s live televised debate between President Barack Obama and his Republican challenger, Mitt Romney, saw moderator Jim Lehrer try to draw out for the electorate the differences between the two men’s policies, ... By Matthew Gilleard October 08 2012
This content is from: Australia Australia ratifies multilateral tax cooperation agreement Australia’s Assistant Treasurer, David Bradbury, has announced that the country has ratified the Convention on Mutual Administrative Assistance in Tax Matters. By Matthew Gilleard October 08 2012
This content is from: United Kingdom UK consults on cultural test for games tax relief The UK government has opened a consultation period for tax executives and practitioners to comment on the design of a cultural test for eligibility to benefit from certain tax reliefs for the creative sector. By Matthew Gilleard October 08 2012
This content is from: Cyprus Kriek leaves Consulco Rutger Kriek has left Consulco after eight years to set up his own firm in Cyprus, Equation Corporate Services. October 07 2012
This content is from: United States What you have missed on ITR Premium Audit risk and extra tax; Shulman on US compliance; Business unhappy about Australian delay: French and Spanish 2013 budgets; Japanese business against carbon tax; Netherlands raises VAT rate; PepsiCo in debt vs equit... October 07 2012
This content is from: Belgium New partner for Liedekerke Laurence Pinte, formerly head of tax at Dexia, the European banking group, joined Liedekerke Wolters Waelbroeck Kirkpatrick as a partner on October 1 2012. October 07 2012
This content is from: United States Outstanding firms unveiled at Americas Tax Awards Hot on the heels of the presentation of the primetime Emmy awards earlier in the week, the seventh annual Americas Tax Awards ceremony took place in New York on September 27. By Ralph Cunningham October 02 2012
This content is from: What you have missed on ITR Premium New Indian tax accounting standards; Netherland to abolish thin capitalisation; Malaysia moots corporate tax cut; Possibility of US carbon tax; Serbia changes VAT; GAP's Indian TP dispute; the future for TP disputes October 02 2012
This content is from: India India awaits final Shome committee report The Parthasarathi Shome-led committee appointed by the Indian government to assess the merits of a general anti-avoidance rule (GAAR) in the country, as well as to assess the appropriateness of the retrospective amend... By Matthew Gilleard October 01 2012
This content is from: Australia Business becoming impatient over Australian reform Despite reiterating that a corporate tax cut is a top priority, Australia is yet to reduce the headline rate, and now the Business Council of Australia (BCA) has urged the government to stop its piecemeal approaches t... By Matthew Gilleard October 01 2012
This content is from: United States What Obama and Romney agree on Tomorrow night’s televised debate between President Barack Obama and Republican presidential candidate Mitt Romney is likely to see the two men reiterate the ways in which they differ from one another, and give reason... By Matthew Gilleard October 01 2012
This content is from: France France and Spain reveal 2013 budgets France has unveiled its 2013 budget, which contains tax hikes for large companies on top of the controversial and much-discussed 75% top tax rate for individuals earning more than €1 million ($1.3 million), while Spai... By Matthew Gilleard October 01 2012
