Direct Tax

Archive: Direct Tax

This content is from: United States

Perceived avoiders declare support for tax reform

Multinational companies Apple and Google, which have been accused of tax avoidance by a number of governments, say they want to see the tax laws changed.
By Matthew Gilleard
May 28 2013
This content is from: India

Deadline approaching for tax planning changes in India

Multinationals with operations in India have only a few days to act before a newly proposed provision in India's new Finance Bill will affect their tax planning.
May 28 2013
This content is from: Direct Tax

What you have missed on ITR Premium

BCA on Australian budget; SAT on secondments; US SC PPL ruling; Expert evidence in Canadian court rulings; FTT potential delay; Mexican VAT; beneficial ownership; compliance in UK public sector procurement.
May 27 2013
This content is from: United Kingdom

Changes to UK partnership tax rules could cause headaches

The UK government is holding a consultation on how to change two aspects of its partnership tax rules, with the aim of preventing tax loss arising from when employment relationships are disguised through limited liabi...
By Matthew Gilleard
May 27 2013
This content is from: European Union

EU tax transparency reforms expanded to all large companies

The EU is seeking to extend tax transparency reforms for banks and resources groups to all large public and private companies. The move to install country-by-country reporting (CBCR) disclosure requirements on compani...
By Matthew Gilleard
May 27 2013
This content is from: United Kingdom

Hartnett joins Deloitte

Dave Hartnett, formerly the most senior tax official at HM Revenue & Customs (HMRC), has landed a job at Deloitte.
May 27 2013
This content is from: United States

Legal & General: Why we support greater transparency in tax reporting

Legal & General won PwC’s 2012 Building Public Trust award for the best tax reporting in the FTSE 100. The company’s tax team explains its approach to tax transparency and tax reporting, including why it has published...
By Matthew Gilleard
May 22 2013
This content is from: United States

Transparency, trade and tax: a G8 action plan

Jeffrey Owens, the OECD’s former head of tax, and Mick Moore, of the University of Sussex, believe their 10 point action plan for the G8 summit next month could achieve fairer taxation of multinationals, improve tax t...
May 21 2013
This content is from: United Kingdom

Google hauled before UK PAC again, but international tax framework cited as real villain

Google vice president Matt Brittin was called back to give evidence in front of the UK Parliament’s Public Accounts Committee (PAC) last week, after its members were unsatisfied with his responses in the November hear...
By Matthew Gilleard
May 20 2013
This content is from: Ireland

Donnelly wins promotion at William Fry
By ITR Correspondent
May 20 2013
This content is from: Australia

BCA brands Australian budget "lost opportunity"

The Business Council of Australia (BCA) has criticised last week's Australian budget, saying the business tax measures announced fall short of what business wants and may hamper investment, and that tax changes should...
By Matthew Gilleard
May 20 2013
This content is from: China

SAT provides guidance on companies’ secondments in China

China’s State Administration of Taxation (SAT) has issued guidance to help taxpayers understand the tax authority’s assessment of how secondment arrangements should work.
By Matthew Gilleard
May 20 2013
This content is from: United Kingdom

Margaret Hodge calls for HMRC to become more aggressive

The chairwoman of the UK Parliament’s Public Accounts Committee said that HM Revenue & Customs (HMRC) is not being aggressive enough in pursuing the public interest by combating tax avoidance by large companies.
By Salman Shaheen
May 19 2013
This content is from: United Kingdom

Hodge’s PAC blasts HMRC officials for “lousy judgment”

Margaret Hodge, chairwoman of the House of Commons’ Public Accounts Committee (PAC) tore into HM Revenue & Customs (HMRC) officials on Thursday, accusing them of “lousy judgment” and branding them “not fit for purpose”.
By Matthew Gilleard
May 19 2013
This content is from: Netherlands

Juggins takes Unilever tax role
By ITR Correspondent
May 19 2013
This content is from: Direct Tax

What you have missed on ITR Premium

Australian budget; Brazil income tax exemptions; Dutch Supreme Court tax ruling; Germany DTA arbitration; France invoicing; Croatia’s EU membership; Tax compliance rules; FATCA
May 19 2013
This content is from: United Kingdom

Tax compliance rules aimed at multinationals involved in UK public sector procurement

The dust has finally settled on the quick-fire legislation introduced to encourage tax compliant behaviour among groups which are suppliers to the UK government. The outcome is that the government has introduced an ad...
May 16 2013
This content is from: United States

Sarah Priestley joins Shearman & Sterling
By ITR Correspondent
May 15 2013
This content is from: United States

OMB controller joins IRS as acting commissioner

President Obama has appointed Daniel Werfel as acting commissioner of the Internal Revenue Service.
By ITR Correspondent
May 15 2013
This content is from: Austria

Winners of European Tax Awards 2013 revealed

Rosneft, the Russian energy company, was named as European in-house team of the year for direct tax at International Tax Review’s European Tax Awards last night.
By Ralph Cunningham
May 15 2013
This content is from: Brazil

Brazil’s income tax exemption on dividends

Cristiane Magalhães and Fernanda Fiasco Ribeiro, of Machado Associados, explore a recent opinion (Opinion 202/2013) issued by the Office of the Attorney General of the National Treasury (PGFN) about the tax exemption ...
By ITR Correspondent
May 13 2013
This content is from: United States

Baucus and Camp diversify tax reform approach with new website

The main driving forces behind tax reform attempts in the US Congress - Max Baucus and Dave Camp - have launched a new website to increase stakeholder engagement in the tax reform process.
By Matthew Gilleard
May 13 2013
This content is from: Australia

Australian budget restricts companies’ room for manoeuvre

With the backdrop of an increasing budget deficit in an election year, Julia Gillard’s Labor Government has targeted large corporates, multinationals and the mining industry in an attempt to raise additional revenue. ...
May 13 2013
This content is from: Denmark

Norway to reform corporate tax regime

Norway is to implement changes to the corporate tax regime in a bid to stimulate investment and maintain competitiveness with other European countries, with a company tax cut and an increased depreciation allowance on...
By Matthew Gilleard
May 13 2013
This content is from: Hong Kong SAR

Ellliott takes CLSA tax role
By ITR Correspondent
May 09 2013
This content is from: United States

Linklaters takes two from Bingham McCutchen in US

David Brockway and Jasper Howard have joined Linklaters as partners, based in the Washington, DC office.
May 08 2013
This content is from: European Union

The collateral damage of the fight against tax avoidance and evasion

TAXPAYER OPINION: Since the beginning of the financial crisis, governments and mainstream media have increasingly been moralising about tax compliance. Frederic Gourlot, tax manager at a leading multinational electric...
May 08 2013
This content is from: United States

PwC US expands International Tax Services practice

Andy Baik has joined PwC US as a principal in its International Tax Services practice.
May 07 2013
This content is from: United States

Osterberg departs Vinson & Elkins for Mayer Brown

Edward Osterberg has joined Mayer Brown in Houston as a partner in the Tax Transactions and Consulting practice.
May 07 2013
This content is from: United States

Survey reveals further taxpayer pessimism about US tax reform

Ernst & Young is the latest organisation to dampen US tax reform spirits, producing a survey which indicates that pessimism regarding reform among corporate and tax executives has never been higher.
By Matthew Gilleard
May 06 2013
This content is from: United Kingdom

CBI proposes tax principles for UK businesses

The Confederation of British Industry (CBI) has today released a list of seven tax principles for UK businesses.
By Matthew Gilleard
May 06 2013
This content is from: Australia

Australian Industry Group lobbies for corporate tax cut in budget

The Australian budget 2013-14 is one week away, and while taxpayers want a corporate tax cut, they should prepare for tightened thin capitalisation rules and a reformed research and development (R&D) tax incentive, th...
By Matthew Gilleard
May 06 2013
This content is from: Germany

Sieber is new head of tax at Bilfinger
By ITR Correspondent
May 02 2013
This content is from: United Kingdom

Cartwright joins the partnership at Pinsent Masons
By ITR Correspondent
May 02 2013
This content is from: United Kingdom

KPMG Treasury secondee behind UK patent box hits back at PAC criticisms

When KPMG’s Jonathan Bridges finished a Treasury secondment to help design the patent box, he thought he would resume life as a corporate tax adviser at the Big 4 firm without much fanfare. He did not expect to be out...
By Salman Shaheen
May 02 2013
This content is from: Italy

Eversheds promote Melisse and Sciliberto in Italy
By ITR Correspondent
May 02 2013

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