Direct Tax

Archive: Direct Tax

This content is from: Direct Tax

What you have missed on ITR Premium

Debt ceiling deadline, G8 discussion and US tax reform; Japan corporate tax rate cut; Finnish VAT; FTT delay; cooperative compliance; Jersey, Norway and TIEA; FATCA
June 30 2013
This content is from: United States

Baucus and Hatch call for proposals on US tax expenditures

The most senior members of the Senate Finance Committee in the US have called on other senators to send them their proposals, by the end of July, for tax expenditures to add back and improve a reformed tax code.
By ITR Correspondent
June 27 2013
This content is from: Australia

Bowen takes over as Australia's Treasurer
By ITR Correspondent
June 27 2013
This content is from: Brazil

DuPont LatAm tax director launches GR8 Tax & Finance Consulting

Cristina Sampaio Cavalieri Teixeira has left her role as Latin America tax director and Brazil Finance Director at DuPont, to launch GR8 Tax & Finance Consulting.
By Matthew Gilleard
June 25 2013
This content is from: Australia

Teresa Dyson joins Deloitte

The chairwoman of the Australian Board of Taxation will join Deloitte from July 1 as a partner in the firm’s Brisbane office.
June 24 2013
This content is from: United States

The tax market reacts to G8 Lough Erne Declaration: Do you agree?

David Cameron, UK Prime Minister, championed progress on the issues of tax and transparency by placing them at the top of his agenda for the UK’s chairmanship of the G8. But now the summit is over, and the Lough Erne ...
By Matthew Gilleard
June 24 2013
This content is from: European Union

OECD wants non-member engagement on company tax payments issue

The OECD is seeking increased input from non-member countries as part of its efforts to ensure multinational corporations cannot exploit loopholes in the international tax system.
By Matthew Gilleard
June 24 2013
This content is from: United States

Japan to update corporate tax incentives; may cut 38% rate

The ruling Liberal Democratic Party (LDP) has released more tax policy details in the run-up to July’s elections for the Upper House of Councillors, heightening the prospect of a cut in the 38% tax rate faced by busin...
By Matthew Gilleard
June 24 2013
This content is from: United States

Debt ceiling deadline and G8 discussions could force US tax reform

A looming deadline for the US federal debt ceiling, and the discussions that came out of last week’s G8 summit in Lough Erne, could prompt action on reforming the US tax code sooner than expected.
By Matthew Gilleard
June 24 2013
This content is from: Sponsored

Albania: Prerequisites for banks’ bad debt tax deduction streamlined

Juliana Xhafa of Ernst & Young outlines new changes to the conditions required for banks and other financial institutions to have bad debts qualify for tax deductibility.
By ITR Correspondent
June 23 2013
This content is from: Brazil

Brazil: Taxation of profits earned abroad on accrual basis

Cristiane Magalhaes and Tatiana Villani, of Machado Associados, explore Brazil’s peculiar rules regarding the taxation of profits earned abroad.
By ITR Correspondent
June 18 2013
This content is from: United States

Understanding FIRPTA: Tax pitfalls of foreign investment in US real estate

The US Foreign Investment in Real Property Tax Act (FIRPTA) was established in 1980 for the purpose of withholding the estimated amount of taxes which may be due on the gain of the disposition of a US real property in...
June 17 2013
This content is from: Peru

Change of authority attitude will drive taxpayer cooperation in Peru

Ramon Esquives Espinosa, head of tax processes in the management and tax advisory unit of BBVA’s finance area, explores the status of tax transparency in Peru in light of recent changes on tax authority assessment and...
June 17 2013
This content is from: United States

US tax reform: Modern tax rules needed for modern age of business

Since the early 1960s the US corporate tax structure has remained relatively similar, while the world around it has changed radically. But as the percentage of total US tax revenues contributed from the corporate inco...
June 17 2013
This content is from: United States

George Osborne claims G8 is driving ahead on tax issue

George Osborne, UK Chancellor of the Exchequer, said more progress has been made on countering tax secrecy and corporate tax evasion in the last 24 hours than in the previous 24 years. But conflicting messages could y...
By Matthew Gilleard
June 17 2013
This content is from: Direct Tax

What you have missed on ITR Premium

UK Patent Box versus Dutch Innovation Box; Dave Camp on BEPS; Writ of payments benefits; Israel’s attempts to deny Medinol relief on Boston Scientific payout; Brazil scraps IOF on foreign investment in domestic bonds;...
June 16 2013
This content is from: United Kingdom

UK debt-for-equity swaps to become taxable under HMRC proposal

The UK tax authority has published a consultation paper to seek stakeholder feedback on its proposals to modernise the taxation of corporate debt and derivative contracts. But the paper also features a proposal that c...
By Matthew Gilleard
June 10 2013
This content is from: United States

Ways & Means chairman Dave Camp to examine US BEPS issues

United States House Ways & Means Committee chairman Dave Camp will hold a hearing on Thursday to examine US and foreign multinationals’ use of tax havens to avoid tax and shift profits outside of the US.
By Matthew Gilleard
June 10 2013
This content is from: Direct Tax

What you have missed on ITR Premium

China – Netherlands tax treaty; German patent box; Vijai Electricals judgement; Vodafone conciliation; China VAT pilot; Luxembourg accounting systems; Authorised tax collection in China; OECD mutual administrative ass...
June 09 2013
This content is from: United States

Corwin returns to KPMG after stint at US Treasury

Manal Corwin has rejoined Big 4 firm KPMG, having completed her tenure as deputy assistant secretary of tax policy for international tax affairs at the US Department of the Treasury.
June 06 2013
This content is from: United States

Skadden promotes two attorneys to Counsel

Skadden, Arps, Slate, Meagher & Flom has promoted two tax attorneys to the position of Counsel.
June 06 2013
This content is from: United States

German Min Fin could introduce patent box to compete with others in Europe

German state tax ministers are concerned about the country’s potential loss of competitive advantage because of new intellectual property tax incentives being offered by other EU member states such as the UK.
By Matthew Gilleard
June 05 2013
This content is from: China

Analysing the new China â€“ Netherlands tax treaty

On May 31 2013, China and the Netherlands signed a new double taxation avoidance treaty which will come into effect in 2014.
By Matthew Gilleard
June 05 2013
This content is from: United States

US industry bodies lobby Obama to take tax message to G8

Industry organisations in the US have urged President Barack Obama to prioritise the international competitiveness of worldwide American companies by championing tax policies to that end at the G8 summit later this mo...
By Matthew Gilleard
June 05 2013
This content is from: Direct Tax

How the fast changing environment of transfer pricing is impacting taxpayers

International Tax Review and TPWeek’s 13th Annual Global Transfer Pricing Forum will be held on September 18 and 19 at the Crowne Plaza in Times Square, New York, in association with Deloitte.
June 04 2013
This content is from: United States

Why India is at a critical stage in tax policy development - India Tax Forum 2013

The Indian economy grew by 5% in 2012. Outstanding by anyone’s standards, except China’s, but not enough if the country wants to create prosperity for all of its more than 1 billion citizens.
By Ralph Cunningham
June 04 2013
This content is from: Germany

Will German REITs be subject to regulation under the AIFM-Directive?

Germany is in the final stage of implementing the Alternative Investment Fund Managers Directive (AIFM-Directive), with implementation due by July 22 2013. But German real estate investment trusts (REITs) could be sub...
June 04 2013
This content is from: Direct Tax

What you have missed on ITR Premium

Tax planning deadline India; Tax reform; Expert evidence in Canadian tax cases; ATO challenges to energy companies; China carbon emissions pilot; Germany and France on FTT; Beneficial ownership form.
June 03 2013

Instant access to all of our content. Membership Options | 30 Day Trial