Abbott uses Davos speech to outline Australia’s G20 aims Tony Abbott, Prime Minister of Australia, gave an address today at the 44th Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland, setting out Australia’s priorities for its... By Matthew Gilleard January 23 2014
Semeta proposes phased implementation of FTT Algirdas Semeta, European Commissioner for Taxation and Customs Union, Audit and Anti-Fraud, has urged member states not to water down proposals for a financial transactions tax (FTT), arguing that present... By Matthew Gilleard January 22 2014
UK makes use of automatic information exchange agreement with Cayman Islands HMRC has issued letters to people it believes hold bank accounts in the Cayman Islands, encouraging them to disclose any previously undeclared income and capital gains. By Matthew Gilleard January 22 2014
Polish proposals prompt double taxation concerns for multinationals Some of Europe's biggest taxpayers are concerned about the increased risk of double taxation from Poland’s proposed changes to its controlled foreign corporation (CFC) rules and thin capitalisation regime. By Matthew Gilleard January 16 2014
Study confirms EU businesses’ claim that double taxation remains a key problem A report from BUSINESSEUROPE reinforces the business community’s claims that double taxation outside of the area of transfer pricing remains a significant problem. By Matthew Gilleard January 16 2014
Influential German state finance minister urges unilateral action against BEPS Norbert Walter-Borjans, finance minister for North Rhine-Westphalia, has repeated his claim that Germany must act unilaterally to target multinational tax avoidance through BEPS (base erosion and profit shifting) if insufficient... By Matthew Gilleard January 15 2014
Japan still wants corporate tax reduction Yasutoshi Nishimura, Japan’s Deputy Economy Minister, is the latest government figure to join the calls for a corporate tax rate reduction. By Matthew Gilleard January 14 2014
France reworks millionaire tax to hit companies French President Francois Hollande is to hit companies with a new charge on annual salaries of more than €1 million ($1.4 million). By Matthew Gilleard January 09 2014
Italy imposes Google tax on web advertising Italy’s parliament has passed the Google tax which will require companies to buy internet advertisements from locally-registered companies and not from companies based in tax havens including Bermuda and Ireland. By Matthew Gilleard January 08 2014
COMMENT: Baucus’ China role to derail US tax reform even further Progress towards reforming the US tax code will be delayed even further now that Max Baucus, the Montana Democrat who chairs the Senate Finance Committee, is moving to Beijing to... By Matthew Gilleard January 08 2014
