This content is from: United States Two new tax partners arrive at Akin Gump Akin Gump Strauss Hauer & Feld has added two new partners to its tax practice. April 29 2015
This content is from: Direct Tax How hundreds of multinationals are preparing for BEPS legislation and what you can do BEPS is a significant landmark for multinational companies and international revenue organisations. It will mean big changes to companies’ tax and transfer pricing operations. And, while no one knows specifically how ... April 29 2015
This content is from: Malaysia Malaysia uses tax incentives to challenge Singapore for company HQs Malaysia has released detailed guidelines on four new tax incentives revealed in its 2015 Budget, the most attractive of which aims to encourage companies to establish headquarters in Malaysia with a 0% - 10% corporat... By Meredith McBride in Hong Kong April 28 2015
This content is from: Global The Brockman brief: Timing symmetry is shattered: CbCR and TP documentation May’s instalment of his column sees Keith Brockman, global tax director at Mars, lecturer and author of the Strategizing Multinational Tax Risks blog, look at the problems that may arise for taxpayers given the timing... April 27 2015
This content is from: Australia DPT: Counterbalancing the UK's 'open for business' agenda? The introduction of the UK's diverted profits tax (DPT) on April 1 2015 has dismayed tax practitioners and their multinational clients. Rushed through parliament (ahead of its dissolution before the general election) ... April 27 2015
This content is from: Turkey Turkey’s approach to fighting against BEPS As one of the founding members of the OECD and also a member of the G20 group – holding the group presidency position for 2015 – Turkey generally supports the OECD’s Action Plan to fight against base erosion and profi... April 27 2015
This content is from: European Union EU: Cross-border exchange of rulings - what's proposed? Timothy Lyons QC and Kelly Stricklin-Coutinho of 39 Essex Chambers analyse recent transparency developments across Europe, focusing on the proposed requirement for EU member states to provide a quarterly report on all... April 27 2015
This content is from: China Mirror, mirror on the wall, please show the purpose to all Rishi Joshi, associate member of the Institute of Chartered Accountants of India, analyses recent controversy and litigation on the issue of indirect share transfers. April 27 2015
This content is from: Sweden Swedish interest deductibility: Unilateral action proposed While Sweden may be seen as effectively preventing base erosion through limiting interest deductions, the effects on businesses and investments must be carefully scrutinised before being considered in other countries,... April 27 2015
This content is from: India Shome leaves ministerial adviser role behind Partho Shome’s 30-year career as a tax official and adviser to Indian governments and multilateral organisations may be at an end for now, but he will still take a keen interest in tax policy, as this exclusive interv... By Ralph Cunningham April 27 2015
This content is from: Turkey Navigating Turkey’s real estate tax considerations Arif Çelen of WTS & Çelen in Turkey looks at the significant tax and legal considerations relevant for taxpayers operating, or planning to operate, in the real estate sector in Turkey. April 27 2015
This content is from: Global Tax planners' task tougher than ever Failing to plan is planning to fail. We are all familiar with the phrase. But practising what one preaches in this regard has never been more important for corporate taxpayers. April 27 2015
This content is from: Direct Tax GCC: Investment opportunities and controversy concerns Mark Lindley, head of tax at the Qatar Financial Centre (QFC), looks at investment opportunities across the Gulf Cooperation Council (GCC) as the region moves away from a reliance on oil and prepares to host global ev... April 27 2015
This content is from: United States Australia and UK want to go “further and faster” than the OECD on diverted profits action The UK diverted profits tax (DPT) – dubbed the Google tax – has been in effect for almost a month, and Australia is looking at similar action to be included in its May 12 Budget speech, after signalling a desire to mo... By Matthew Gilleard April 26 2015
This content is from: India Shome spells out importance of TARC’s recommendations The chairman of India’s Tax Administration Reform Commission (TARC), which completed its work earlier this year, has highlighted an increased customer focus, the desirability to combine the country’s direct tax and in... By Ralph Cunningham April 23 2015
This content is from: Peru Peru modifies withholding tax for financial derivatives The Peruvian tax authorities have changed the period within which settlement must take place for income derived from financial derivatives to be considered sourced in Peru. April 23 2015
This content is from: Malaysia Philippines corporate tax could fall from 30% to 20%; VAT likely to rise The Philippines is preparing for a major tax overhaul which will include a hefty corporate income tax (CIT) cut, but could mean an increase in VAT and excise taxes. By Meredith McBride & Joe Stanley-Smith April 22 2015
This content is from: Direct Tax Date announced for next BEPS webcast from OECD June 8 is the date of the next webcast to update stakeholders on the progress of the OECD-led base erosion and profit shifting (BEPS) project. April 22 2015
This content is from: India Vodafone back in India’s sights for more tax The Indian government is attempting to promote a more taxpayer-friendly environment, but is not being helped by demands from the tax authorities for more revenue from multinational companies. Vodafone received a noti... By Matthew Gilleard April 21 2015
This content is from: India India’s ‘taxpayer-friendly regime’ short-lived as investors get MAT bills A seemingly positive exemption on Indian minimum alternate tax (MAT) for foreign portfolio investors turned sour when Prime Minister Narendra Modi announced back-taxes of more than $6.4 billion on 100 foreign investor... By Meredith McBride in Hong Kong April 20 2015
This content is from: Belgium EC launches infringement procedure against 3% dividend distribution tax, but it may not... The European Commission (EC) has launched an infringement procedure against France concerning its 3% tax on dividend distributions by companies liable for French corporate income tax. By Joe Stanley-Smith April 20 2015
This content is from: United Kingdom UK political manifestos target avoidance and evasion The Conservative, Labour and Liberal Democrat parties agree on one thing about tax: evasion and aggressive avoidance are bad and should be tackled. By Ralph Cunningham April 16 2015
This content is from: Australia Australia’s managed investment trust tax regime creates opportunities and liabilities Though Australian tax advisers and fund managers have made positive noises about long-awaited amendments to the managed investment trust (MIT) tax regime, they say the government still needs to fine-tune some aspects,... By Meredith McBride in Hong Kong April 15 2015
This content is from: France HSBC under criminal investigation in France France has opened a formal criminal investigation into HSBC’s Swiss subsidiary, and will also probe the financial institution’s global holding company. By Joe Stanley-Smith April 14 2015
This content is from: China Support for Hong Kong leasing and asset management industries from updated China – Hong... On April 1 2015 the governments of the People’s Republic of China (PRC) and the Hong Kong Special Administrative Region (Hong Kong SAR) signed the fourth protocol (the Protocol) to the China - Hong Kong double tax avo... April 13 2015
This content is from: United Kingdom 10 ways UK Labour plans to cut tax evasion and avoidance Unveiling a plan to tackle tax avoidance and evasion, Ed Balls, the shadow chancellor of exchequer, said the issue will be at the top of a new Labour government's to-do list. By Ralph Cunningham April 12 2015
This content is from: Denmark Danish GAAR threatens taxpayers with more uncertainty and aggression The Danish government has introduced a Bill (L167) to implement a general anti-avoidance rule (GAAR) in the country for the first time, which would enable authorities to deny treaty benefits if obtaining those benefit... By Matthew Gilleard April 08 2015
This content is from: Australia Australian inquiry scrutinises Apple, Google, Microsoft tax structures Apple, Google and Microsoft have denied that they avoid tax during a day-long grilling by Australian senators. By Joe Stanley-Smith April 07 2015
This content is from: Direct Tax Women in Tax leaders guide - nominations open This is your chance to nominate the leading women in the tax advisory world. Vote now. By Matthew Gilleard April 02 2015
This content is from: Global World Tax and World Transfer Pricing 2016: The research period is now open Don't miss out on your chance to be included in International Tax Review's directories of the leading tax and transfer pricing firms around the world. By Ralph Cunningham April 01 2015
