The US Court of Appeals for the Second Circuit’s ruling against Union Carbide will create headaches for manufacturing companies claiming research and development (R&D) credits.
US taxpayers need to take a fresh look at their internal compliance processes if they want to deal with a likely surge in tax whistleblowers, following a highly publicised $104 million IRS payout to ex-UBS employee Bradley Birkenfeld.
The Australian Taxation Office (ATO) has released its first publication reviewing trends in its tax litigation and has identified that taxpayers are increasingly avoiding court by turning to alternative dispute resolution (ADR) and have enjoyed more success in recent cases.
Today’s judgment by the European Court of Justice (ECJ) in the Portugal Telecoms case should give taxpayers increased flexibility in choosing VAT deduction methods, advisers say.
The European Court of Justice (ECJ) has decided that HMRC’s attempts to stop Philips UK claiming group tax relief on losses transferred from a domestic permanent establishment (PE) infringed EU law.
Several recommendations have been agreed Taxpayers can look forward to earlier, more cost effective dispute resolution after the Australian Taxation Office (ATO) agreed to several recommendations in a recent report published by the Inspector-General of Taxation (IGT). The IGT's Review into the ATO's use of early and Alternative Dispute Resolution highlighted taxpayers' views that the vast majority of disputes could be resolved without resorting to objection and litigation procedures.
