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).
The Treasury committee has presented UK members of Parliament with a detailed analysis of the tax developments announced in Chancellor of the Exchequer George Osborne’s budget, highlighting the over-complexity of the UK’s tax system.
Julia Gillard’s government has come under fire once again over its proposed carbon tax. Though it did not feature in this week’s budget, its omission has only sparked more debate on the issue.
The Dutch government has rejected the recent EU proposals for a Common Consolidated Corporate Tax Base (CCCTB), citing a number of key objections to the proposals as they stand.
An Australian judge has claimed that tax avoidance cases in Australia have become more complex than they need to be because of the way judges are interpreting the tax law.
The case looks at Portuguese tax provisions which require non-resident taxpayers who obtain a taxable income in Portugal to appoint a tax representative there.