France and Spain’s refusal to back down over taxes they have imposed on telecommunications companies has landed them in conflict with the European Commission, which has referred the two countries to the European Court of Justice (ECJ).
The change to India’s 5% margin, for the determination of the arm’s-length price, made in the recent budget, was intended to simplify the process for taxpayers but it has only created further confusion.
UK business’s response to the additional corporate tax cut in today’s budget came as less of a surprise than the announcement itself, but not everyone is a winner. The government put up tax for banks and the oil and gas producers.
European governments have begun to respond to the Commission’s draft directive for a Common Consolidated Corporate Tax Base (CCCTB) and reactions have been far from the harmonious vision underlying the proposals.
A collection of comments from around Europe on the Commission’s long-awaited draft directive seeking to establish a Common Consolidated Corporate Tax Base.
A Johannesburg Tax Court decision suggests taxpayers should be able to prove the arm’s length nature of domestic, as well as cross-border, intra-group transactions.
