Switzerland and Italy will negotiate a new bilateral tax deal to settle a dispute over Italian assets held in Swiss accounts and improve waning relations between the two countries.
The High Court of Australia ruled on Wednesday in favour of BHP Billiton after a lengthy dispute between the mining company and the Australian Taxation Office (ATO), awarding BHP a $580 million tax credit.
Draft regulations have been published for the new UK Investment Trust Company Tax Regime. The draft investment trust company (ITC) rules provide details on how the UK ITC tax regime will look.
Ireland and the UK have joined the Netherlands and five other countries in rejecting the EU’s proposals for a Common Consolidated Corporate Tax Base (CCCTB).
