Search results for

The French government has said it will include green tax policy in next year’s budget in response to a government commissioned report, which has recommended increasing excise duties on oil products.

EU taxpayers will need to change their accounting systems and may be at a greater risk of audit after EU changes to the place of supply for VAT and mini one-stop-shop (MOSS) are introduced.

How the tax affairs of trusts are managed and claims for capital gains tax (CGT) relief will come under the Australian Taxation Office’s scrutiny in the next 12 months.

London Mayor Boris Johnson has called on German, Italian and Spanish banks to move their headquarters to London to avoid the financial transaction tax (FTT). But in doing so he has failed to understand how the tax will actually work.

Indirect tax compliance in the US is not limited to filing and remitting monthly regular sales and use tax returns, argues Leah Durner of KPMG. Businesses across all industries must comply with a variety of taxes, fees, licences and regulations at the federal, state, and local level.

Now the dust from last week’s G20 finance ministers’ meeting in Moscow is beginning to settle, the question is to what extent the OECD’s action plan for tackling base erosion and profit shifting (BEPS) marks a turning point in the history of international taxation, and whether the timeframes outlined in the report are realistic.

In view of Brazil’s complex constitutional system, the country’s large number of taxes, and the great frequency with which taxpayers file lawsuits to challenge tax assessments, it is quite common for companies in Brazil to face a large number of tax assessments and/or to be involved in numerous tax challenges at any given time.

Type of Agreement Country Country Date Signed Tax Information Exchange Agreement Macau Malta May 30 2013

TYPE OF DEAL VALUE ACQUIRER TARGET ADVISER TO ACQUIRER (TAX) ADVISER TO TARGET (TAX) Acquisition $11.9 billion Loblaw Shoppers Drug Mart Torys Osler, Hoskin & Harcourt Acquisition $1.9 billion Baidu Holdings 91 Wireless Websoft Davis Polk & Wardwell Acquisition $1.78 billion Tsinghua Unigroup Spreadtrum Communications Morrison & Foerster Fenwick & West - Adam Halpern, William Skinner Acquisition $1.3 billion Bally Technologies SHFL Entertainment Gibson, Dunn & Crutcher - Dora Arash Skadden, Arps, Slate, Meagher & Flom Acquisition $1.2 billion AT&T Leap Wireless Sullivan & Cromwell Wachtell, Lipton, Rosen & Katz - Joshua Holmes Acquisition $700 million Gentex Johnson Controls (Automotive Electronics' HomeLink) Wachtell, Lipton, Rosen & Katz - Eiko Stange Acquisition $225 million Platinum Equity CBSO International Wachtell, Lipton, Rosen & Katz - Jodi Schwartz Acquisition $180 million Providence Equity Partners Informa (Corporate Training Businesses) Weil Gotshal & Manges Acquisition Undisclosed Colt Defense New Colt Holding Cahill Gordon & Reindel Davis Polk & Wardwell - Kathleen Ferrell TYPE OF DEAL VALUE ISSUER / BORROWER LEAD MANAGERS / ARRANGERS ADVISER TO ISSUER / BORROWER ADVISER TO LEAD MANAGERS Notes Offering $2.63 billion Oracle BNP Paribas / Deutsche Bank / RBS Davis Polk & Wardwell - Rachel Kleinberg Simpson Thacher & Bartlett Notes Offering $1 billion Naspers Barclays / Citigroup / JP Morgan Cravath Swaine & Moore / NautaDutilh UK / Webber Wentzel Davis Polk & Wardwell - John Paton Refinancing $830 million Technicolor JP Morgan / Goldman Sachs / Morgan Stanley Davis Polk & Wardwell / Slaughter and May / Arendt & Medernach Cleary Gottlieb Steen & Hamilton