This content is from: India Desai made partner at BMR Advisors Kalpesh Desai has been promoted to partner at BMR Advisors in Mumbai. March 27 2013
This content is from: Albania UK and Albania sign tax treaty The representatives of the two governments signed a treaty for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital. By ITR Correspondent March 27 2013
This content is from: Canada Canada budget 2013: Thin capitalisation rules broadened Canada’s 2013 federal budget (Budget 2013) was released on March 21 2013 and focused on spending in support of job creation and on tightening a number of tax measures. It also included a number of significant developm... March 26 2013
This content is from: United Kingdom UK Budget 2013: The impact on businesses One week after George Osborne, UK Chancellor of the Exchequer, delivered his Budget 2013, Stephen Herring, senior tax partner at BDO in London, looks at the impact on businesses. March 26 2013
This content is from: Denmark Finland looks to spur investment with 20% corporate tax rate Finland will cut its corporate tax rate from 24.5% to 20%, effective from January 1 2014. The move has been prompted by concerns about competitiveness and comes in response to falling rates around Europe. By Matthew Gilleard March 26 2013
This content is from: Germany Freshfields names new partners Freshfields Bruckhaus Deringer is making up three new tax partners in its latest round of promotions. March 26 2013
This content is from: Portugal Portugal outlines tax reform framework Portuguese Secretary of State for Finance, Paulo Nuncio, has announced 10 focus areas for reform of the tax code, as well as promising measures which will immediately stimulate investment. By Matthew Gilleard March 26 2013
This content is from: Direct Tax What you have missed on ITR Premium UK compliance; OECD after-tax hedging problems; BEPS; Cyprus 10%; Bundled supplies; British Colombia’s carbon tax; Fortescue Metals; Master Currency March 25 2013
This content is from: European Union Saint-Amans: BEPS project will not propose rule changes yet Pascal Saint-Amans, the OECD’s chief tax official, has said the organisation’s action plan on base erosion and profit shifting will give a sense of direction, rather than come up with a set of rules for changing how m... By Ralph Cunningham March 22 2013
This content is from: United Kingdom UK budget: Osborne tows “open for business” line with corporate tax cut George Osborne, UK Chancellor of the Exchequer, has delivered the 2013 budget, confirming a one percentage point cut in the corporate tax rate to 20% by April 2015, and claiming the government is building “the most co... By Matthew Gilleard March 20 2013
This content is from: Singapore Velten to join Deloitte Southeast Asia Deloitte’s tax practice in Southeast Asia is set to expand, with the hire of Michael Velten as partner, regional CEO Chaly Mah has announced. March 20 2013
This content is from: European Union Switzerland to present tax reform plan by mid-year in response to EU pressure Eveline Widmer-Schlumpf, Switzerland’s Minister of Finance, has confirmed the country will present a corporate tax reform plan by “mid-year”. Brussels has been pressuring the country to reform the incentives it offers... By Matthew Gilleard March 19 2013
This content is from: Direct Tax GE's Will Morris: How to manage your company's tax reputation While the image their tax affairs portray to the public is a greater concern for multinational companies than ever before, managing tax affairs across various countries with differing tax regimes has not become any ea... By Sophie Ashley March 19 2013
This content is from: United Kingdom Osborne’s tough task: Why he must cosy up to companies in tomorrow’s UK Budget The UK Budget 2013 is just one day away. International Tax Review has already looked at Chancellor of the Exchequer George Osborne’s likely budgetary announcements, including anti-avoidance measures and a corporate ta... By Matthew Gilleard March 19 2013
This content is from: Cyprus Cyprus to lose 10% corporate tax rate under bailout conditions Cyprus is likely to raise taxes including the country’s low 10% corporate income tax rate as part of the conditions attached to an international bailout agreement, despite previously resisting such a move. By Matthew Gilleard March 19 2013
This content is from: Germany Krampe moves up to partner at Berwin Leighton Paisner By ITR Correspondent March 19 2013
This content is from: Poland Taxand in Poland undergoes rebrand The Polish consulting firm belonging to the Taxand global network has changed its name to Crido Taxand. The company had been operating under the name Accreo Taxand. March 18 2013
This content is from: United States Ernst & Young announces raft of tax team changes Ernst & Young has announced the appointment of six new tax partners amid a host of hires. March 18 2013
This content is from: Brazil Brazil: Withholding income tax on service fee remittances and tax treaties Cristiane Magalhaes and Tatiana Villani, of Machado Associados, explore the latest trends in Brazilian corporate tax, including the high taxation at source on the import of services, despite the evident increase of Br... By ITR Correspondent March 18 2013
This content is from: Direct Tax What you have missed on ITR Premium OECD report after tax hedging problems; Camp discussion draft on small business tax; UK budget preview; Westinsure loses against HMRC over VAT; ECJ VAT question; New Zealand GAAR scope increase after Alesco March 18 2013
This content is from: United Kingdom Judith Freedman awarded CBE for tax research work Judith Freedman, professor of taxation law and director of legal research at the Oxford University Centre for Business Taxation in the UK (which she also co-founded), has been awarded a CBE in the New Year honours lis... March 13 2013
This content is from: United Kingdom UK budget preview: Staying open for business With Chancellor of the Exchequer George Osborne trying to balance an “Open for Business” agenda with claims that the UK is becoming a corporate tax haven, next week’s budget speech will dictate the continued direction... By Matthew Gilleard March 12 2013
This content is from: United States Dave Camp set to release discussion draft on tax treatment of small businesses Dave Camp, chairman of the House Ways and Means Committee, is due to release a discussion draft on the tax treatment of small businesses as part of his continuing efforts to get meaningful tax reform implemented durin... By Matthew Gilleard March 12 2013
This content is from: Canada Canada-Hong Kong tax treaty moves closer to implementation The tax treaty between Canada and Hong Kong has taken another step closer to implementation, following Canadian Minister of Finance Jim Flaherty’s announcement of the Tax Conventions Implementation Act 2013. By Matthew Gilleard March 12 2013
This content is from: India India Budget 2013 special focus It is fair to say the Indian budget this month left corporate investors disappointed. Expectation was high for business-friendly tax measures but few appeared, save for an announcement that safe harbour rules and guid... By Sophie Ashley March 08 2013
This content is from: Direct Tax What you have missed on ITR Premium Australian corporate tax deadline; Vietnamese tax compliance; Danish corporate tax cut; EU ECON; Indian customs; Swiss VAT deduction; Japanese tax disputes; Portuguese CUP March 08 2013
This content is from: United States Michael Faber leaves Wilson Sonsini for Cooley By ITR Correspondent March 08 2013
This content is from: United States Shanwu Yuan leaves SAT to join Baker & McKenzie in New York Shanwu Yuan, a former senior official in China's State Administration of Taxation (SAT), has joined Baker & McKenzie's global tax practice as a director in the New York office. By ITR Correspondent March 07 2013
This content is from: United States Lewis Greenwald moves to Mayer Brown By ITR Correspondent March 07 2013
This content is from: United States No US tax reform before 2014 says business – despite Dave Camp’s efforts Business does not expect comprehensive tax reform this year despite positive sounds emanating from key tax-writing figures such as House Ways and Means Committee chairman Dave Camp in recent weeks. By Matthew Gilleard March 05 2013
This content is from: European Union EC and European Parliament’s ECON driving European tax harmonisation The European Commission has launched two public consultations on proposed measures aimed at improving tax collection and tax compliance. Both consultations take forward possible measures identified in the Commission’s... By Matthew Gilleard March 05 2013
This content is from: Denmark Denmark to cut corporate tax rate The Danish government has presented its plan for growth (Growth Plan DK), which includes a reduction of the corporate tax rate from 25% to 22%, with a Bill expected to be tabled in the coming months. By Matthew Gilleard March 05 2013
This content is from: United States Chan and Karimi join KPMG's alternative investment funds tax practice KPMG has hired two experienced managing directors for its alternative investment funds tax practice in the US. By ITR Correspondent March 05 2013
This content is from: Direct Tax Germany introduces refund procedure for withholding tax on portfolio dividends In reaction to the European Court of Justice’s (ECJ) October 20 2011 judgment, on March 1 2013 Germany passed a law according to which EU and EEA corporations are allowed to apply for a refund of the German dividend w... March 04 2013
This content is from: Direct Tax What you have missed on ITR Premium Taxpayers’ code, EU; Russian IFRS; India Finance Bill; US deficit reduction; South African VAT; FTT; Russian beneficial ownership ruling; UK BAA Court of Appeal March 04 2013
This content is from: India Indian budget leaves taxpayers disappointed Foreign investors have every reason to be disappointed with Finance Minister P Chidambaram’s eighth annual budget, which contained fewer business-friendly measures than expected. By Matthew Gilleard March 04 2013
