New Zealand taxpayers should be watching Alesco’s Court of Appeal case with bated breath, as the outcome could give a big indication of the extent to which the country’s general anti-avoidance rule (GAAR) can be invoked against transactions.
eBay International has won its case before Mumbai’s Income Tax Appellate Tribunal (ITAT) which means two of its Indian subsidiaries will not be classed as permanent establishments (PEs) for tax purposes.
US whistleblowers received some bad news this week when the Tax Court said it does not have the authority to make the IRS pursue a taxpayer’s case under any circumstances.
Multinational companies operating in India can look forward to more timely resolution of cross-border tax and transfer pricing disputes after India’s Income Tax Appellate Tribunal (ITAT) agreed to devote separate benches to them.
Business lobbyists are attacking a new carbon tax that was introduced by the Japanese government on Monday, saying its implementation is ill-timed given that companies are still struggling in the wake of last year’s nuclear power plant accident.
A ruling by the Spanish Central Economic-Administrative Court (TEAC) against computer technology company Dell has narrowed the possibility for groups operating in Spain to declare they have no permanent establishment (PE) there.
