Nonversion: AbbVie – Shire deal falls through but inversions will continue The impact of a US Treasury Notice to reduce the benefits of tax inversion deals is taking effect. AbbVie has scrapped its proposed $54 billion takeover of Shire, and Salix... By Matthew Gilleard October 24 2014
Bombay High Court rules in favour of Vodafone on share issue In a decision that could give relief to more than 20 other pending cases, the Bombay High Court has ruled in favour of Vodafone that in the absence of income,... By Matthew Gilleard October 10 2014
Ireland’s tax deals with Apple “constitute state aid”; Luxembourg’s Amazon arrangement ... Amazon has been drawn into a European Commission (EC) investigation into the tax regimes of three member states: Ireland, Luxembourg and the Netherlands. By Matthew Gilleard October 06 2014
US Treasury acts to halt inversions ANALYSIS: The US has moved to try and curb the practice of inversion transactions which has seen a handful of companies relocate overseas, with many more considering the option. By Matthew Gilleard September 25 2014
Scottish independence: UK tax professionals breathe sigh of relief at “No” vote Scotland yesterday voted to remain part of the UK, with 2,001,926 “No” votes versus 1,617,989 “Yes” votes in response to the question “Should Scotland be an independent country?” The rejection... By Matthew Gilleard September 19 2014
The tax market reacts to the BEPS 2014 deliverables: Do you agree? The OECD today unveiled its 2014 deliverables at the halfway stage of the multilateral organisation’s ambitious base erosion and profit shifting project, commissioned by the G20, which represents the biggest... By Matthew Gilleard September 16 2014
New Zealand: Tax reform hinges on election outcome If the existing government retains leadership after the general election, no material changes are expected from a tax perspective. But if a Labour-led government wins power, advisers warn of significant... By Matthew Gilleard & Jon Montgomery September 12 2014
Chile pursues biggest tax code overhaul in 30 years Chile is undertaking the most thorough review and reform of its tax system in three decades, but is not conforming to the most common reform trends being seen elsewhere around... By Matthew Gilleard September 05 2014
Australia back on tax transparency drive before G20 meetings COMMENT: Ahead of this month's G20 meetings in Cairns, Joe Hockey, Australian Treasurer, has reiterated the Abbott government's plans to clamp down on aggressive tax planning. By Matthew Gilleard September 05 2014
