Direct Tax

Archive: Direct Tax

This content is from: Mexico

Electricity auctions in Mexico – relevant tax considerations for investors

When evaluating energy projects in Mexico it is common for companies focused on commercial and business matters to persevere without analysing the tax and legal considerations. These pose risks to the project, company...
By ITR Correspondent
October 30 2017
This content is from: United States

Survey: Do you know the best tax transactional and tax planning firms?

There are many tax practitioners willing to offer you advice on your next merger, acquisition or other deal, but how do you know which firm to choose?
By Anjana Haines
October 30 2017
This content is from: South Africa

South Africa stalls on tax hikes to deal with political ‘hot potato’

Despite the widespread perception of tax increases being inevitable, Finance Minister Malusi Gigaba avoided presenting any such changes in his mid-term budget.
October 27 2017
This content is from: Belgium

UK under investigation for rules enabling profit shifting

The European Commission (EC) has opened a state aid investigation into the UK’s tax laws, which it says exempt multinationals with certain types of subsidiaries in tax havens from controlled foreign company (CFC) rules.
By Joe Stanley-Smith
October 27 2017
This content is from: Sponsored

BEPS Action 1 – Where are we?

Widening the tax rules to address the evolving digital economy is a regular talking point for many. Channing Flynn, partner and global digital tax leader, and Jennifer Cooper, senior manager of international tax servi...
October 26 2017
This content is from: United States

The EU’s misguided tax war on US companies

The European Union has released another state aid decision that targets a US multinational corporation. Joe Kennedy, senior fellow at the US Information Technology and Innovation Foundation who specialises in tax and ...
October 26 2017
This content is from: United States

Harmful tax incentives critically curtailed: BEPS Action 5 in action

BEPS Action 5 – Countering harmful tax practices more effectively by taking into account transparency and substance is one of the four BEPS minimum standards. To date, 102 jurisdictions have committed to its implement...
October 26 2017
This content is from: Sponsored

Mexico: The “business reason” in the Mexican tax law

In order to provide legal and tax treaty certainty, such a concept should be included and described in legislation because, the mere use of it has a clear negative impact on such resolutions.
By Deloitte Mexico
October 26 2017
This content is from: Cyprus

Panama Papers committee calls for minimum EU tax rate

The final draft report of the European Parliament’s Panama Papers Committee of Inquiry (the PANA committee) calls for the EU to implement a minimum tax rate across its member states. This proposal is a part of package...
October 25 2017
This content is from: Global

World Tax 2018 released

After six months of research and contacting thousands of firms around the world, International Tax Review is pleased to present World Tax 2018, which can be viewed at http://www.itrworldtax.com.
By Joe Stanley-Smith
October 23 2017
This content is from: Morocco

Africa rapidly broadening tax base

A new report by the OECD documents a strong increase in the average tax-to-GDP ratio of 16 African countries, but shows that tax revenue potential has much room to accelerate further.
October 20 2017
This content is from: Austria

Austria’s next coalition spells tax cuts

Sebastian Kurz is poised to become the first conservative Austrian chancellor in more than a decade and his claim on power puts tax cuts on the agenda.
October 18 2017
This content is from: China

Hong Kong to encourage innovation among MNEs with two-tier tax plan

Hong Kong’s Chief Executive Carrie Lam has revealed the details of the two-tier profits tax system, as well as research and development (R&D) incentives, but big companies will gain little benefit.
By Anjana Haines
October 16 2017
This content is from: Mexico

Mexico announces first special economic zones

President Peña Nieto signed three decrees on September 29 2017 in order to create and delimit Mexico’s first special economic zones (SEZs), which are meant to attract investment in underdeveloped areas of the southern...
By ITR Correspondent
October 11 2017
This content is from: Ireland

Corporations reassured of tax stability in 2018 Irish budget

Ireland’s 2018 budget eyed corporate tax certainty with a basket of proposals that aim to support business investment, employment and economic stability, but more changes are expected next year.
By Anjana Haines
October 11 2017
This content is from: Ireland

Key Features of Ireland’s 2018 budget

The Irish Minister for Finance has delivered his budget speech. John Gulliver, Maura Dineen, Niamh Keogh and Eilis Griffin of Mason Hayes & Curran note the highlights.
By ITR Correspondent
October 10 2017
This content is from: European Union

What should businesses do with their taxes in Catalonia?

The Catalonia region of Spain has been plunged into chaos with police violence, riots and strikes following an independence referendum declared illegitimate by the Spanish government on October 1. How should businesse...
By Joe Stanley-Smith
October 06 2017
This content is from: European Union

EC loses patience with Irish stalling over €13 billion Apple state aid reclaim

The European Commission is taking Ireland to court as the country still hasn’t reclaimed the €13 billion ($15.2 billion) state aid from Apple more than a year after the company’s tax treatment was deemed illegal.
By Salman Shaheen
October 05 2017
This content is from: European Union

Amazon slapped with €250 million bill for illegal state aid

Luxembourg will have to reclaim €250 million ($294 million), plus interest, from Amazon for “undue tax benefits” after the European Commission announced its state aid decision in the case. But the amount is surprising...
By Anjana Haines
October 04 2017
This content is from: Jersey

Does Jersey’s 2018 budget spell the end of a tax haven?

Around 30 foreign-owned companies will be affected by plans announced in Jersey’s 2018 budget to raise taxes on the island’s biggest retailers and redefine the term “financial services company” to increase revenues.
By Anjana Haines
October 04 2017
This content is from: Greece

Recent tax and transfer pricing developments in Greece

Eftichia Piligou and Vasiliki Athanasaki of Deloitte Greece discuss the major tax and transfer pricing developments taking place in Greece.
By Anjana Haines
October 03 2017
This content is from: Argentina

Argentina looks to tackle inflation by revaluing assets

Florencia Fernández Sabella of Laiún, Fernández Sabella & Smudt examines a bill in Argentina that allows taxpayers the choice to value certain fixed assets, including intangibles, at market value by paying a one-time ...
October 02 2017
This content is from: Direct Tax

Challenging asymmetric data, leveraging public data

The OECD has continued to evaluate and work on refining its transfer pricing guidelines regarding several BEPS initiatives, write David Jarczyk and John Wiora of ktMINE.
October 02 2017
This content is from: Sponsored

Poland: Changes to income taxes coming in 2018
By MDDP

& Monika M Dziedzic
October 02 2017
This content is from: European Union

Aggregation v consolidation: Getting CCCTB’s accounting right

With the CCCTB back on the EU agenda, Richard Murphy, professor of practice in international political economy at City, University of London, argues it does not represent true consolidation and could fail in its objec...
October 02 2017
This content is from: Global

World Tax showcases the world’s top tax firms

International Tax Review and TP Week are proud to present World Tax 2018 and World Transfer Pricing 2018, the comprehensive guides to the leading tax advisory practices, including law and accountancy firms, around the...
October 02 2017
This content is from: Mexico

Mexico’s mandatory disclosure rule

Jorge Correa and Gerardo Farías of Creel, García-Cuéllar, Aiza y Enríquez discuss the proposal to amend the mandatory disclosure rule included in Mexico’s 2018 budget.
October 02 2017
This content is from: Austria

Austria’s Hans Jörg Schelling eyes EU digital tax rules

Austrian Federal Minister of Finance Hans Jörg Schelling has not held back on his views of how to tax multinational corporations so they pay their fair share. He talks to Anjana Haines about what he has planned over t...
October 02 2017
This content is from: United States

Americas Tax Awards 2017

International Tax Review honoured the best firms across the Americas at a ceremony in New York on September 14 2017.
October 02 2017

Instant access to all of our content. Corporate Subscription | 30 Day Trial