Slow progress, but UK tax gap is closing At its inception in 2005, one of HM Revenue & Customs’ commitments was to reduce the UK tax gap. The latest available figures show that the revenue body is sticking... By Matthew Gilleard October 10 2011
How pioneer industries will benefit from Indonesian tax holiday The Indonesian Ministry of Finance has released long awaited regulations regarding the provision of tax facilities in the form of exemption from, or reductions in, the rate of corporate income... By Matthew Gilleard October 10 2011
The verdict on the EC's financial transactions tax proposal The President of the European Commission, José Manuel Barroso, has proposed a financial transactions tax (FTT) in his annual state of the union address to the European parliament. By Matthew Gilleard September 28 2011
Yukos decision should not materially affect the tax landscape A judgement from the European Court of Human Rights is critical of Russia’s treatment of oil company Yukos, but states that it was not politically motivated and that no misuse... By Matthew Gilleard September 28 2011
INSIGHT: What Europe’s tax officials are looking for European tax officials gave delegates at the Global Transfer Pricing Forum last week an insight into the issues they look for when assessing taxpayers. By Matthew Gilleard September 27 2011
Why France and Germany are driving for a financial transaction tax If recent developments on the issue of a financial transactions tax (FTT) teach us nothing else, it is that France and Germany are wholeheartedly committed to the idea, despite the... By Matthew Gilleard September 26 2011
Dutch government leaks 2012 tax plan The Dutch government has released its tax plans for 2012 with changes to the rules on the deductibility of interest and the treatment of foreign permanent establishments topping the bill. By Matthew Gilleard September 19 2011
New updates for French corporate tax loss rules France has made considerable changes to its corporate tax system after the country’s parliament approved the 2011 Amended Finance Law. By Matthew Gilleard September 19 2011
Penny & Hooper ruling set to trigger more avoidance investigations Two orthopaedic surgeons from Christchurch, New Zealand have lost their tax dispute with the Inland Revenue Department (IRD), having used company and trust structures to artificially lower their salaries and... By Matthew Gilleard September 14 2011
US Senate witnesses agree on corporate rate reduction, but not territorial system The US Senate Finance Committee last week held a hearing to examine the tax code and propose recommendations for reform to the Joint Select Committee on Deficit Reduction, but the... By Matthew Gilleard September 12 2011
