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  • Kalliopi Kalogera Greece has recently experienced a radical reform on the applicable tax framework by implementing new provisions abolishing the ones of the former Greek Income Tax Code (L.2238/1994). The withholding taxes regime is among the various tax subjects affected. Under the provisions of the New Greek Income Tax Code (L.4172/2013), withholding tax applies (among others) to dividend (10%), interest (15%) and royalties (20%) payments as well as to the consideration for the provision of several services (20%).
  • The winners of the European Tax Awards 2014 were announced at a dinner in London on May 21.
  • Hans Rudolf Habermacher
  • Privacy concerns still hamper the re-proposed rule What a messy few months Argentinean football star, Lionel Messi, has had with the Spanish tax authorities. We are used to seeing the diminutive star running rings around his opponents on the football field, but recently the question has arisen as to whether Messi has been trying to run rings around the taxman, too. Thankfully for him, and the rest of his countrymen, his performance on the pitch has not suffered, and now neither will his bank balance, after the case against him in relation to charges of tax fraud was dropped by prosecutors. Leo can now let out a sigh of relief and focus all of his attention on the 2014 FIFA World Cup in Brazil safe in the knowledge that he will not have to swap his blue and white jersey for an orange jumpsuit.
  • Ernie Lai King has joined Hogan Lovells in their Johannesburg office. King was previously head of the China Group at Edward Nathan Sonnenbergs and will now lead Hogan Lovells’ tax and China practices in South Africa.
  • One of the most contentious issues being considered as part of the OECD’s base erosion and profit shifting (BEPS) project is the notion of country-by-country reporting (CbCR) of multinational companies' tax information. Frank Schoeneborn, head of group operational transfer pricing in the finance and accounting division at Merck Group in Germany, steps forward in time to take a hypothetical look at the reporting standard five years after implementation.
  • John Gimigliano KPMG has appointed John Gimigliano as principal in charge of the Federal Legislative and Regulatory Services group, which is part of the firm's Washington National Tax practice. He succeeds Hank Gutman. Gutman remains with the firm, but is taking up other responsibilities. Gimigliano has previously held roles including senior tax counsel for the US House of Representatives' Ways and Means Committee and staff director for the House Subcommittee on Select Revenue Measures.