Ensuring that their company’s interests are protected as tax policy takes shape is not an easy task, but is an essential one for any tax director. However, the choice of representative or industry organisation to align with to achieve that, is not always obvious, explains Ralph Cunningham.
Spain should have to pay the European Commission €50 million ($68 million) and the costs of the case for failing to implement a European Court of Justice (ECJ) decision against tax incentives in good time.
The US Department of Justice (DoJ) believes the defeat of a challenge to the validity of interest-reporting regulations has boosted the government’s efforts to clamp down on US taxpayers who do not declare income and assets held overseas.
The International Tax and Investment Center (ITIC), which works with politicians, officials, taxpayers, practitioners and others to encourage best practices in tax and investment policy, has appointed Beth Pessoa Ramos to manage its Latin American programmes.
The US National Taxpayer Advocate (NTA) has raised serious doubts about the creation of an international financial data regime as the goal of the Foreign Account Tax Compliance Act (FATCA).
