Direct Tax

Archive: Direct Tax

This content is from: United States

Max Baucus retires: What next for US tax reform?

Max Baucus, Senate Finance Committee chairman, has decided to not seek re-election and opinion is divided over whether this announcement improves or hampers the prospects for a comprehensive reform of the US tax code.
By Matthew Gilleard
April 29 2013
This content is from: United Kingdom

Insights on the latest UK GAAR Guidance

A paradox of the General Anti-Abuse Rule (GAAR) is that it is meant to be narrowly focussed, targeted at abusive tax avoidance schemes and yet some of the threshold tests – “one of the main purposes” and “tax arrangem...
April 29 2013
This content is from: United Kingdom

Tax: Law and morality - which way now?

International Tax Review magazine editor Salman Shaheen will chair an IF Campaign debate with UK Exchequer Secretary David Gauke and other members of Parliament on the impact of tax avoidance on developing countries.
April 29 2013
This content is from: France

France in capital gains tax U-turn

The French government has performed a U-turn which sees a reversal of the planned increase in capital gains tax (CGT). President Francois Hollande said he is correcting a “misunderstanding”.
By Matthew Gilleard
April 29 2013
This content is from: United Kingdom

Public Accounts Committee criticises Big 4 secondments to government

The UK Parliament’s Public Accounts Committee (PAC) has urged a ban on external accountants working temporarily inside government, as well as calling for tax code simplification, in its latest report Tax avoidance: Th...
By Matthew Gilleard
April 29 2013
This content is from: Direct Tax

What you have missed on ITR Premium

Cyprus corporate tax hike; India-Mauritius treaty; disputes in Chile; dispute resolution in Turkey; Indian GST; Polish VAT; G20 information exchange; EC tax evasion
April 28 2013
This content is from: United States

Doug Thomas is PwC's new tax leader for US east coast
By ITR Correspondent
April 25 2013
This content is from: Cyprus

Cyprus to increase tax on business

Cyprus has confirmed it will raise the corporate tax rate as part of a package of measures tied to a €10 billion ($13 billion) bailout package.
By Matthew Gilleard
April 22 2013
This content is from: Direct Tax

Deals of the week - April 23 2013
April 22 2013
This content is from: Spain

Hernandez becomes Ashurst partner
April 22 2013
This content is from: Direct Tax

Treaties of the week - April 23 2013
April 22 2013
This content is from: India

End of India tax treaty would hit Mauritius hard

According to a recent report from the International Monetary Fund (IMF), the end of the double taxation avoidance agreement between India and Mauritius is a high risk that would have a drastic impact on the Mauritian ...
By Matthew Gilleard
April 22 2013
This content is from: United Kingdom

Google defends tax policy

Eric Schmidt, Google’s executive chairman, has publicly defended his company’s corporation tax payments in the UK, but his comments are likely to rile subscribers to the Margaret Hodge (Labour MP) viewpoint that busin...
By Matthew Gilleard
April 22 2013
This content is from: Direct Tax

What you have missed on ITR Premium

HMRC GAAR guidance; Luxembourg and Austria on transparency; ECJ on Irish VAT grouping; UK SC M&S; EU rejects emissions trading plans; EU trade defence mechanisms; Dutch get relief from tax filing; US electronic filing
April 21 2013
This content is from: United States

Susan Repo joins Tesla Motors as head of global tax
By ITR Correspondent
April 18 2013
This content is from: United Kingdom

Patent box specialist joins MHA MacIntyre Hudson
By ITR Correspondent
April 17 2013
This content is from: United States

Ernst & Young hires Parcell for National Tax practice
By ITR Correspondent
April 17 2013
This content is from: United Kingdom

HMRC releases new GAAR guidance

HM Revenue & Customs has released new guidance on the UK’s General Anti-Abuse Rule (GAAR), which is scheduled to come into effect in July, after the Finance Bill 2013 becomes law.
By Matthew Gilleard
April 16 2013
This content is from: Sponsored

Albania: Changes in the tax deductibility of cross-border management and consulting fees

A new law, which becomes effective April 30 2013, has made stricter the requirements for the tax deductibility of consulting, technical service and management fees invoiced from abroad.
By ITR Correspondent
April 16 2013
This content is from: United States

Business Roundtable urges 2013 US tax reform action

The Business Roundtable (BRT), an association of the chief executive officers of leading US multinationals, released a report this week urging Congress and the Obama Administration to undertake comprehensive tax refor...
By Matthew Gilleard
April 16 2013
This content is from: Brazil

Brazil: Analysing R&D tax incentives

Cristiane Magalhaes and Manoela Nunes Dias, of Machado Associados, explore research and development (R&D) tax incentives in Brazil.
By ITR Correspondent
April 15 2013
This content is from: Argentina

TREATY ANALYSIS: New Argentina-Spain DTT

Argentina and Spain signed a new double taxation treaty (DTT) on March 11 2013, replacing the version that was terminated in June 2012. Guillermo Teijeiro, founding partner of Teijeiro & Ballone Abogados, analyses the...
By Matthew Gilleard
April 15 2013
This content is from: Direct Tax

Deals of the week - April 16 2013
April 15 2013
This content is from: Germany

Haase returns to Roedl & Partner
By ITR Correspondent
April 15 2013
This content is from: United Kingdom

Prichard Jones moves up at Nabarro
By ITR Correspondent
April 15 2013
This content is from: India

Treaties of the week - April 16 2013
April 15 2013
This content is from: Austria

Europe ups ante on tax transparency as Luxembourg succumbs; Austria may follow

After a joint statement from the finance ministers of France, Germany, Italy, Spain and the UK (the G5) that they will push for greater exchange of bank information, other countries have signalled their willingness to...
By Matthew Gilleard
April 15 2013
This content is from: United Kingdom

Tax mentions in FTSE 100 annual reports highlight transparency drive

Berwin Leighton Paisner (BLP) has analysed the number of mentions of the word “tax” in FTSE 100 companies’ 2010/11 annual reports, finding a substantial increase compared with 2005/6.
By Matthew Gilleard
April 08 2013
This content is from: United States

Peter Blessing leaves Shearman & Sterling for KPMG
By ITR Correspondent
April 08 2013
This content is from: United States

Camp and Baucus go on bipartisan US tax reform offensive

In a week that will see President Barack Obama release his budget, the two top tax-writing figures in Congress have stepped up the prospects for US tax reform by publicly reinforcing their desire to implement a bipart...
By Matthew Gilleard
April 08 2013
This content is from: United States

Herrick, Feinstein hire Tuchman to co-chair tax practice
By ITR Correspondent
April 08 2013
This content is from: Australia

Australia aims to publish 2,000 companies’ tax returns

The Australian government has released a discussion paper regarding its proposed move to force the largest 2,000 companies to disclose more tax information, an initiative which represents a significant shift away from...
By Matthew Gilleard
April 08 2013
This content is from: European Union

EU Commissioner Olli Rehn calls for unified EU tax policy

Olli Rehn, European Union Economic and Monetary Affairs Commissioner, has called for greater harmonisation in EU taxation policy.
By Matthew Gilleard
April 08 2013
This content is from: Italy

Eleonora Briolini reaches partnership at Bird & Bird
April 07 2013
This content is from: Austria

Shortlists announced for European Tax Awards 2013

In-house tax departments, both big and small, have extra chances at recognition at International Tax Review’s European Tax Awards 2013 presentation at the Dorchester hotel in London on May 15.
By Ralph Cunningham
April 07 2013
This content is from: Direct Tax

What you have missed on ITR Premium

Boeing and Ford on US tax reform; UK GAAR; Canada Revenue Agency; Dolce & Gabbana; Canadian GST/HST; Germany invoicing; IRS information reporting group; TIGTA
April 07 2013
This content is from: France

Why OECD says France should reform its tax regime

The OECD has urged France to implement reforms of its tax and transfer pricing system to improve the competitiveness of the nation’s companies, describing such action as “essential”.
By Matthew Gilleard
April 01 2013
This content is from: United Kingdom

Alvarez & Marsal Taxand UK adds two

Alvarez & Marsal Taxand UK has appointed two new managing directors in London.
April 01 2013
This content is from: Australia

GAAR: How the UK has failed to learn from other countries’ anti-avoidance examples

Last week’s publication of Finance Bill 2013 confirmed the UK is to introduce a General Anti-Abuse Rule (GAAR) later this year. But there is no consensus that the proposed measure is necessary or that it will be effec...
By Matthew Gilleard
April 01 2013
This content is from: United States

Boeing, Ford and others reiterate US tax reform demands

One year after Japan cut its corporate tax rate and left the US with the highest rate in the developed world, the RATE Coalition of businesses has written a letter to Congress reinforcing the corporate call for action...
By Matthew Gilleard
April 01 2013
This content is from: Direct Tax

What you have missed on ITR Premium

Canadian tax reporting requirements; Australian income tax changes; Canada thin capitalisation; Finland corporate tax rate; Bulgarian VAT; OECD on Chinese carbon tax; Brazil Supreme Court on Vernicitec; India High Cou...
April 01 2013

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