This content is from: Revamp of taxation landscape for services in India Supriya Jain of KPMG looks at important changes that are happening to service taxation in India. April 26 2012
This content is from: Denmark Environmentalists disappointed by slow progress on revised ETD Environmentalists welcomed the European Commission’s revised Energy Tax Directive (ETD), but they feel Council negotiations over the reforms are taking too long and are in danger of weakening the proposals. By Salman Shaheen April 26 2012
This content is from: European Union Hungary’s FTT will not follow Commission’s model The Hungarian government has announced it will implement a financial transaction levy (FTL) in January 2013, but it seems the model will depart significantly from the European Commission’s (EC) proposals and that whic... By Joe Dalton April 26 2012
This content is from: Australia Lower interest rates to mitigate carbon tax impact Figures showing lower-than-expected inflation, released on Tuesday, indicate that interest rates will fall ahead of the July 1 introduction of the carbon pricing mechanism. By Matthew Gilleard April 26 2012
This content is from: UK government to crack down on LVCR avoidance schemes The UK government is taking steps to stop companies avoiding the removal of low value consignment relief (LVCR) on Channel Island imports two weeks after International Tax Review reported how companies are getting aro... By Salman Shaheen April 25 2012
This content is from: Germany German taxpayers to get extended grace period on Gelangenbestätigung The German government is likely to extend the grace period for accepting documentation to prove the intra-Community supply of goods from German companies to December 31 2012, according to a senior tax authority source. By Joe Dalton April 24 2012
This content is from: Austria Shortlists for European Tax Awards 2012 announced Companies such as Sony, AstraZeneca, Rank and E.ON Energy Trading have been nominated for the in-house awards at International Tax Review's European Tax Awards. By Ralph Cunningham April 23 2012
This content is from: European Union How to prepare for a eurozone breakup Multinationals operating in Europe would be foolish not to consider the treasury and tax implications of a country exiting the single currency, and conduct some impact assessments to help ensure the best outcomes for ... By Joe Dalton April 22 2012
This content is from: Why Germany's new VAT rules are bad news for taxpayers New German rules on the documentation required to obtain VAT exemptions on supplies between EU member states will lead to an increased administrative burden and VAT risks for companies. April 19 2012
This content is from: Indirect Tax Issues with environmental tax incentives and resource efficiency Chris Lenon, group strategic adviser, for tax policy at Rio Tinto looks at how best to design environmental tax policy and incentives April 19 2012
This content is from: Irish VAT relief likely to be extended The press is no longer policing whether businesses in the tourism industry are passing the VAT cut on to customers, but despite a few cynical moves, the cut is likely to be extended. By Salman Shaheen April 19 2012
This content is from: Italy Why Italy wants to introduce a carbon tax The Italian Ministry of Environment met yesterday to discuss plans for introducing a carbon tax. Aldo Ravazzi, an economist at the ministry who is working on the tax, tells International Tax Review what he hopes to ac... By Salman Shaheen April 19 2012
This content is from: European Union Hungary brings European FTT one step closer A leak from the Hungarian government’s convergence programme last week raised the prospect of the country adopting a financial transaction tax (FTT), and such a tax would have a broader scope than the European Commiss... By Joe Dalton April 12 2012
This content is from: India Study team inches India closer to GST The Indian government has established a study team to look at the possibility of harmonising service tax and central excise. By Salman Shaheen April 12 2012
This content is from: Indirect Tax The need to define environmental tax Chris Lenon, group strategic adviser for tax policy at Rio Tinto, argues that it is important to distinguish environmental taxation from general taxation for it to be effective. April 12 2012
This content is from: United Kingdom How Channel Island retailers are getting around LVCR abolition A source in a major Guernsey-based retailer has revealed how his company is going to attempt to get around the UK’s scrapping of low value consignment relief (LVCR) on Channel Islands imports. By Salman Shaheen April 11 2012
This content is from: Direct Tax Shortlists for European Tax Awards 2012 announced The number of firms in contention for International Tax Review’s European Tax Awards shows that the competition for the money tax executives have to spend on external advisers is intense. April 11 2012
This content is from: European Union Why the UK needs to simplify its carbon tax The Carbon Reduction Commitment (CRC) has been radically altered since it was devised by the previous UK government and businesses and environmentalists agree it may now be too complex. By Salman Shaheen April 04 2012
This content is from: Denmark Commission must go back to the drawing board on FTT Last week’s ECOFIN meeting brought yet more bad news for advocates of an EU financial transaction tax (FTT). By Joe Dalton April 04 2012
This content is from: Indirect Tax Businesses need effective global VAT management practices Despite the continued shift to indirect taxation globally, a majority of businesses still do not have effective global VAT/GST management practices in place, reports Niall Campbell, KPMG’s global head of indirect tax ... April 04 2012
This content is from: United States Alvarez & Marsal Taxand expands in New York Alvarez & Marsal Taxand has hired James Bartek as managing director in the firm’s New York office. April 04 2012
This content is from: Netherlands Dutch government hikes VAT with dying breath Despite resigning last week, the Dutch government found time to give taxpayers the parting gift of a VAT rise. By Salman Shaheen April 03 2012
This content is from: Finland Finnish industry condemns VAT hike Finland is following its Nordic neighbours in a race to the top of EU VAT rates and business is worried. By Salman Shaheen April 03 2012
This content is from: Direct Tax The importance of research when looking for tax advice Hiring the right external advisers can be one of the most difficult jobs for a tax department. April 01 2012
