Australia plans to slash R&D incentives Billions of dollars of research and development (R&D) tax breaks for large Australian businesses may be cut as a specialist panel seeks to remove loopholes from the corporate tax code. By Matthew Gilleard March 26 2012
ANALYSIS: Is Britain too open for business? While George Osborne’s budget last week continued to advance the government’s message that the UK is open for business, some argue that this end-goal is being too aggressively pursued and... By Matthew Gilleard March 25 2012
Australian carbon tax to be challenged at High Court Australian mining magnate Clive Palmer has announced his intention to go to the High Court regarding the Australian government’s planned tax on carbon emissions, saying he has advice that the... By Matthew Gilleard March 16 2012
Report explains why Ireland is right to stand by 12.5% rate One year on from the Irish general election, and against the backdrop of the eurozone crisis, Irish multinationals are predicting $7.5 billion investment in Irish operations as well as the... By Matthew Gilleard March 16 2012
Australia to cut corporate tax rate Wayne Swan, Australia’s Deputy Prime Minister and Treasurer, has released draft legislation to cut the corporate tax rate by one percentage point to 29%. By Matthew Gilleard March 14 2012
Why Australia is strengthening its GAAR Australia is strengthening its general anti-avoidance rule (GAAR) to ensure it counters tax avoidance schemes that are carried out as part of broader commercial transactions. By Matthew Gilleard March 13 2012
Why China is collecting more from non-residents than ever before In 2010, China collected a record amount of tax from non-resident enterprises. That momentum for growth was expected to continue in 2011, and recent figures confirm this. By Matthew Gilleard March 13 2012
How to manage Taiwan’s R&D credit regime The Industrial Development Bureau (IDB) in Taiwan has provided guidance for taxpayers to help them prepare the documentation required to benefit from the R&D investment tax credit. By Matthew Gilleard March 13 2012
INDIA DTC UPDATE: Standing committee urges changes India’s Standing Committee on Finance has sent its latest report on the Direct Taxes Code (DTC) to parliament, recommending a more user-friendly structure and stricter reviews of assessing officers, as... By Matthew Gilleard March 09 2012
UPDATE: Egyptian VAT must wait The Egyptian government is not ready to bring in VAT yet. It is also considering other tax policy options. By Matthew Gilleard March 09 2012
