Malta has reformed the structure of its tax administration to bring four organisations together under a new chief, who will be known as the commissioner for revenue.
One of the leading international organisations of tax practitioners has come out against the UK government’s plan to require non-UK businesses to register for VAT.
Closer scrutiny of the settlement of tax disputes with large taxpayers is on the way in the UK after Dave Hartnett, the permanent secretary for tax at HM Revenue & Customs, made proposals yesterday for how the authorities should deal with such arrangements in the future.
US corporations are fully behind the principles in a discussion draft from members of the House Ways and Means Committee on moving to a territorial tax system, if early reaction is a good guide.
The OECD project on the transfer pricing aspects of business restructuring has clarified a lot of the issues around the topic since it began in 2005, but uncertainties still remain, the annual congress of the International Fiscal Association (IFA) was told on Monday.
Two new OECD tax initiatives could be up and running soon if remarks by Jeffrey Owens, the outgoing director of the organisation’s Centre for Tax Policy and Administration, are followed through.
