AIG benefits from controversial US tax benefit AIG, the international insurance and financial services company, reported an increase in second-quarter profit yesterday, boosted by the use of a much-criticised tax benefit. By Jack Grocott August 02 2012
Dealing with the transfer pricing peculiarities in Brazil, India and Russia Taxpayers are suffering as a result of the OECD’s lack of involvement with the world’s leading emerging economies when it comes to transfer pricing. By Jack Grocott July 29 2012
China’s State Council confirms expansion of VAT pilot Seven months after Shanghai became China’s first city to roll out the country’s VAT pilot regime, the State Council has announced the program’s expansion to include 10 more cities and... By Jack Grocott July 24 2012
Belgium increases penalties for VAT non-compliance Belgium has released new rules on VAT non-compliance, including the doubling of financial penalties. By Jack Grocott July 23 2012
India's GAAR making progress, says new president India’s new president, Pranab Mukherjee, has confirmed that consultations and review of the proposed general anti-avoidance rule (GAAR) had started before he stepped down as finance minister. By Jack Grocott July 22 2012
India’s DTC and GST in doubt as Mukherjee to leave office The future of India’s Direct Taxes Code and goods and service tax looks uncertain as the country’s finance minister is set to leave office. By Jack Grocott June 24 2012
HMRC in danger of discrediting taxpayer settlements, warns NAO Taxpayers are at risk of not getting the best deal when it comes to negotiating a tax settlement with HM Revenue & Customs (HMRC), after a report from the National... By Jack Grocott June 13 2012
Goldman Sachs’ HMRC tax deal to face judicial review Tax avoidance campaign group, UK Uncut Legal Action, has been given permission to challenge the conclusion of a tax dispute between Goldman Sachs and HM Revenue and Customs (HMRC) that... By Jack Grocott June 12 2012
EC’s Semeta is right to demand better European tax cooperation, but blame lies with Aus... COMMENT: The EU is not united about information exchange, one of the most important global tax policy issues of recent years, and Austria and Luxembourg are to blame. By Jack Grocott May 27 2012
Beneficial ownership ruling shows how to avoid Danish withholding tax Danish taxpayers should be able to avoid withholding tax on reorganisations, after the National Board delivered a landmark ruling on deemed dividend distributions. By Jack Grocott May 27 2012
