India’s director general for international tax and transfer pricing promises a robust interaction with various stakeholders, especially industry associations, to create a solution to contentious transfer pricing disputes in a move seen as meeting taxpayers halfway,
A group of UK politicians is calling for a British version of FATCA to help stem cross-border tax evasion, but this demand has been criticised for being unrealistic.
The International Swaps and Derivatives Association (ISDA) has released a new protocol to deal with a provision in FATCA, that could subject derivative transactions to a 30% withholding tax on certain US-sourced payments.
60 SECOND READ: International Tax Review talks to HMRC about senior accounting officer guidance, one of the UK tax authorities’ key compliance measures.
International Tax Review speaks to two leading Irish tax lawyers and asks for their advice on how to avoid disputes and what the future holds for Irish tax controversy.
Taxpayers have been given a glimpse of a draft version of the IRS' modified W-8IMY form. Several new requirements have been added making the form significantly more complex.
The American Institute of CPAs has urged the IRS to change its rules governing how foreign corporations with US income tax filing responsibilities can comply voluntarily with US tax accounting principles.
International Flavors & Fragrances (IFF) has announced that it has reached a settlement with the Spanish tax authorities regarding income tax deductions.
India’s new finance minister, Palaniappan Chidambaram, has moved to increase taxpayer confidence by ordering a review of the recently proposed retroactive tax law amendments.
AIG, the international insurance and financial services company, reported an increase in second-quarter profit yesterday, boosted by the use of a much-criticised tax benefit.
Seven months after Shanghai became China’s first city to roll out the country’s VAT pilot regime, the State Council has announced the program’s expansion to include 10 more cities and provinces.
India’s new president, Pranab Mukherjee, has confirmed that consultations and review of the proposed general anti-avoidance rule (GAAR) had started before he stepped down as finance minister.
Taxpayers are at risk of not getting the best deal when it comes to negotiating a tax settlement with HM Revenue & Customs (HMRC), after a report from the National Audit Office highlighted flaws in the tax authority’s governance procedures.
Tax avoidance campaign group, UK Uncut Legal Action, has been given permission to challenge the conclusion of a tax dispute between Goldman Sachs and HM Revenue and Customs (HMRC) that the campaigners allege cost the UK millions of pounds.