This content is from: India SPECIAL REPORT: Everything you need to know about the Vodafone ruling International Tax Review has compiled a special free pdf report on Vodafone’s Indian Supreme Court victory. View the ruling, read what industry had to say, and uncover what this decision means for your business. By Jack Grocott January 30 2012
This content is from: European Union COMMENT: France’s decision to unilaterally tax financial transactions is a risk, but on... French President Nicolas Sarkozy has followed through with his promise to go it alone with a financial transactions tax (FTT). The announcement has already hit shares in the banking sector, but France should weather t... By Salman Shaheen January 30 2012
This content is from: Greece What a Greek VAT U-turn would mean for multinationals Rumours are rife that the Greek government will opt to reduce the VAT rate when it drafts a Bill for a new tax system next week. By Joe Dalton January 27 2012
This content is from: Indian indirect tax collection surges Indirect tax collections – comprising customs, central excise and service tax – rose to Rs 2,85,787 crore ($58 billion) during April to December. It is a significant boost to the government ahead of its plans to intro... By Matthew Gilleard January 27 2012
This content is from: Thailand Nike Thailand victory brings good news for importers The Supreme Court of Thailand has ruled in favour of Nike in a dispute over royalties with the Customs Department. The case sets a welcome precedent for companies looking to import goods from a third party. By Salman Shaheen January 26 2012
This content is from: European Union FTT could hit UK financial sector even if it opts out The UK Lords Select Committee on the EU today heard the fears of financial institutions on the European Commission’s proposed financial transactions tax (FTT). By Salman Shaheen January 24 2012
This content is from: Australia Carbon tax continues to inflame Australians State treasuries in Australia have claimed that the nation’s planned carbon tax will have disastrous effects on state finances, by increasing costs and reducing the profits of government-owned electricity utilities th... By Matthew Gilleard January 20 2012
This content is from: European Union Why EU FTT hitting cross-border transactions might not be so bad The Alternative Investment Management Association (AIMA) believes the European Commission’s proposed financial transactions tax (FTT) could lead to a significant decrease in cross-border trading of financial instrumen... By Salman Shaheen January 20 2012
This content is from: France Why France’s social VAT could make life harder for taxpayers France is pressing ahead with what it is calling a social VAT to reduce labour costs and stimulate jobs, but it could end up producing bigger headaches for companies. By Salman Shaheen January 20 2012
This content is from: UK: Littlewoods opinion not the end of the road for compound interest debates On January 12 2012, Advocate General Trestenjak’s Opinion in Case C-591/10 Littlewoods Retail Ltd and Others was published. This represents the next phase in the VAT compound interest journey. Should the Court of Jus... January 20 2012
This content is from: What the One Stop Shop will mean for EU taxpayers Taxpayers will welcome news that a One Stop Shop (OSS) for EU trade across borders is on its way, after the European Council adopted a proposal advocating the scheme. By Joe Dalton January 19 2012
This content is from: European Union Why the Littlewoods opinion is bad news for taxpayers The Advocate General’s opinion in the Littlewoods case, heard by the ECJ in November, means that taxpayers are unlikely to be able to claim back substantial amounts interest on overpaid VAT. By Salman Shaheen January 13 2012
This content is from: FYR Macedonia: VAT law amended The Parliament of FYR Macedonia picked up the speed of its law passing in September, ratifying a number of amended tax laws. Accordingly the VAT Law has been amended and its changes published in the Official Gazette o... January 13 2012
This content is from: China Why China’s carbon tax is not going to work The Chinese government wants to introduce a carbon tax from 2015, however even if it is enacted, which remains doubtful, it is unlikely to help the country meet its climate commitments. By Salman Shaheen January 13 2012
This content is from: Australia progresses with GST law amendments The Australian assistant treasurer has today announced a development in the amendment of the financial supply provisions of the goods and services tax (GST) law. By Joe Dalton January 13 2012
This content is from: France Should France go it alone with a Tobin tax? With elections on the horizon, President Nicolas Sarkozy is pushing for a Financial Transaction Tax (FTT) with renewed vigour. By Joe Dalton January 12 2012
This content is from: Malaysia: Customs audits on the rise The intensification of audits by the Malaysian tax authorities should serve as an urgent call to businesses to enhance their indirect tax risk management activities, argues Tan Eng Yew of KPMG. January 11 2012
This content is from: Japan seeks tax rises despite opposition In what acting Secretary General Shinji Tarutoko has described as a “make or break year”, the ruling Democratic Party of Japan is struggling to get the support required for tax hikes which the party sees as essential ... By Matthew Gilleard January 10 2012
This content is from: China EXCLUSIVE: Saint-Amans will make VAT one of his top priorities Speaking to International Tax Review today, Pascal Saint-Amans, who will replace Jeffrey Owens as the OECD’s head of tax policy and administration next month, said that formulating a set of VAT guidelines and creating... By Salman Shaheen January 10 2012
This content is from: China China plans carbon tax If the government’s proposals are enacted, China’s biggest polluters will face a new tax on their carbon emissions from 2015. By Salman Shaheen January 06 2012
This content is from: Poland The real reason behind Poland’s mining tax Disputes continue over Poland’s mining tax despite the announcement of a reduced rate this week, but one adviser claims the government’s real motivation for introducing the levy is the projected growth of Poland’s sha... By Joe Dalton January 06 2012
This content is from: China The VAT changes you need to know about in 2012 This month will be an uncomfortable one for taxpayers as VAT hikes come into force around the world. Here are the changes you need to be aware of. By Salman Shaheen January 06 2012
This content is from: COMMENT: Why protests against EU carbon tax on airlines are a load of hot air Since airlines were brought into the EU Emissions Trading Scheme (ETS) last month, long-haul countries have been stepping up the noise of protests which will only hurt the environment and taxpayers. By Salman Shaheen January 06 2012
This content is from: India Chinese airlines strike back against EU tax While airlines were brought into the EU Emissions Trading Scheme (ETS) at the beginning of this week, Chinese airlines have today refused to pay the tax. By Salman Shaheen January 05 2012
This content is from: India Why taxpayers should welcome India’s shift to a negative list of services Aseem Chawla and Sandeep Chilana of Amarchand & Mangaldas tell International Tax Review why India’s shift to a negative list of services should help clients with compliance and avoiding disputes, although there may be... By Salman Shaheen January 03 2012
This content is from: Portugal The importance of VAT in the Portuguese economic turmoil The Portuguese sovereign chaos led to the request for an emergency bailout package from the European Commission and the IMF in coordination with the European Central Bank. Rui Guedes Henriques and Lara Castro of Baker... January 03 2012
