India seeks streamlining of service tax refunds for service exporters In a step that should be welcomed by service exporters, the Central Board of Excise and Customs (CBEC) has issued a draft circular on the refunds of service tax. By Jack Grocott November 07 2011
GFKL ruling clarifies VAT treatment for debt recovery The ECJ has today ruled that where a bank assigns a portfolio of debts at a price below face value, there is no supply of services by the assignee to... By Jack Grocott October 27 2011
Final twist in Vodafone’s India SC case A final twist in Vodafone’s Supreme Court case played out last week with AT&T questioning the court on a matter that could affect the outcome of the telecommunication company's case. By Jack Grocott October 26 2011
FREE: Tax evasion clampdown draws in €14 billion, says OECD International efforts to clamp down on tax evasion have drawn in €14 billion ($19 billion) from would-be tax evaders, the OECD has confirmed. By Jack Grocott October 26 2011
China to replace turnover tax with VAT The State Council of China has approved a pilot programme to replace turnover tax with a VAT. By Jack Grocott October 26 2011
HK court slams tax official for delayed responses The Hong Kong Court of First Instance has reiterated a high court ruling that it is unacceptable for the Inland Revenue Department's (IRD) commissioner to delay a determination unnecessarily after... By Jack Grocott October 20 2011
Australian foreign fund tax breaks to start next month Australia’s Assistant Treasurer expects to implement a series of tax breaks for foreign investment funds next month. By Jack Grocott October 18 2011
Vodafone SC hearing: Week 10 Ten weeks after the case began, the hearing ended with Chief Justice Kapadia briefly toy with idea of referring the case to a larger bench to reconcile the conflicting principles... By Jack Grocott October 13 2011
Connecticut joins calls for Amazon to pay sales tax Connecticut has become the latest US state to put pressure on online retailer Amazon over the payment of sales taxes. By Jack Grocott October 12 2011
FREE: China’s nationwide resource tax starts next month China’s State Council has confirmed that the recently trialled resource tax on domestic sales of crude oil and natural gas will be extended nationally from November 1. By Jack Grocott October 11 2011
