The South Korean Parliament has passed an emissions trading scheme (ETS) to be introduced in 2015, and Australian climate change campaigners say this strengthens the possibility of forming a regional trading coalition.
A US report claims that taxpayers are likely to lose tax disputes at the Supreme Court. Read the advice taxpayers need to know if they are to avoid being on the losing side.
US states are employing third party audit firms to conduct transfer pricing assessments on a contingency fee basis, which is leading to more aggressive audits, and companies must devote more resources to state documentation in response.
Brazilian mining company Vale was ordered to present a bond to the Brazilian Federal Revenue Service (RFB) last week, but the company remains confident it will win its dispute over taxation of foreign profits.
The Canadian Supreme Court's (SCC) decision in the St Michael Trust Corp (St Michael) case will impact taxpayers with existing trust structures both in Canada and abroad.