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  • Quotes of the month
    "If I had been chief secretary and after all this time I hadn't found the key to the fridge I wouldn't tell people"
    December 16 2014
  • shanghai-flyover-c.jpg
    China streamlines taxpayer services
    China has been accelerating its fiscal and tax reforms in recent years. The central government is keen to establish a healthy fiscal and tax system to help optimise allocation of resources, establish a fair market playground, and ultimately achieve prosperity of the nation. Wang Jun, Minister of Taxation of the People's Republic of China, outlines how the government is achieving this.
    December 16 2014
  • Hickman’s TP challenge at the OECD and his post-BEPS plan
    The OECD’s transfer pricing baton has now been passed over to Andrew Hickman, formerly a transfer pricing partner at KPMG in the UK, who has spoken exclusively with TPWeek of his trepidation about taking on such a demanding role and what he hopes the next TP project will be.
    Sophie Ashley, December 16 2014
  • The battle ahead for India Shell
    The defence team involved in the India Shell case provide a breakdown of the litigation so far and a look forward for the company’s court battle.
    December 15 2014
  • India’s ITAT hands control back to tax authority in Vodafone case
    The Income Tax Appellate Tribunal (ITAT) has asked the income tax (IT) department to review its valuation of Vodafone’s taxable income.
    Sophie Harding, December 15 2014
  • New Indonesian tax minister targets transfer pricing to collect $112 billion in 2015
    Following his appointment by Indonesia’s Finance Minister Bambang Brodjonegoro on December 1, new acting director general of taxation Mardiasmo has indicated his intention to improve Indonesia’s tax collection record by gaining access to taxpayers’ bank accounts.
    December 12 2014
  • UK diverted profits tax reaction: Don’t jump the gun, George
    The UK government has published draft legislation for the diverted profits tax (DPT) – dubbed the ‘Google tax’ – announced by George Osborne, Chancellor of the Exchequer, in last week’s Autumn Statement. The consensus is that the UK would be better served waiting for the delivery of international initiatives on tackling aggressive tax avoidance.
    Matthew Gilleard, December 12 2014
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    Taxing taxis: GST may cause Uber confusion for e-commerce companies in India
    A Bill amending the taxing rights of the states and central government is rumoured to appear in the winter session of India’s parliament. This reallocation of taxing rights, however, will cause technology companies who may be liable for services tax in India to reassess their tax positions.
    December 12 2014
  • flag-netherlands.jpg
    Netherlands court reinforces ECJ position on Dutch fiscal unity regime
    Judgments in three cases by the Court of Appeals Amsterdam (CAA) yesterday have stated that the Netherlands’s restrictions on its fiscal unity rules go against European freedom of establishment principles.
    Joe Stanley-Smith, December 12 2014
  • ApplePhotoforInteriorITRStory Square
    Status of constitutional appeal against electronic record uploading in Mexico
    On November 26 2014, the Mexican Supreme Court ruled, through a contradiction, that taxpayers should be granted a suspension for the obligation to upload their accounting records electronically until the constitutional appeal (amparo) against such obligation is decided.
    December 11 2014
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