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  • The general anti-avoidance rule (GAAR) is set to become the UK tax authorities’ latest tool for targeting and counteracting tax avoidance. Sandy Bhogal and Ben Fryer of Mayer Brown analyse the consultation, and assess how such a rule will affect taxpayers.
  • See who has done the tax work on this month’s biggest deals
  • After a series of court losses suffered by the Commissioner of Taxation, Australia's general anti-avoidance regime (GAAR), part IVA, looks set to undergo a significant modification to its scope and application. Mark Friezer and John Boyagi of Clayton Utz explore the reasons motivating the reform and why taxpayers need to keep track of the changes.
  • Two new partners have been appointed at Stibbe, the Benelux law firm.
  • The claimants and other tax professionals are waiting for the European Court’s judgment in the FII Group Litigation to see if it will add clarity to issues about different levels of taxation and third countries, says Philippe Freund of Dorsey & Whitney.
  • HM Revenue & Customs (HMRC) has announced that Edward Troup, the Treasury's director general for tax and welfare, succeeded Dave Hartnett as the revenue's most senior tax professional, on August 1.
  • Francisco Almada and Ekow Eghan of Ernst & Young’s transaction tax team go through the key M&A challenges faced by foreign investors in Africa.
  • The Finnish government was forced to clarify figures released by the Parliament's Audit Committee which stated that the Finnish exchequer lost up to $2 billion annually because of transfer mispricing.
  • Proposed Indian general anti-avoidance rules (GAAR) were not met with much support when details were revealed earlier this year. But a recent consultation period has brought transparency and clarity to proposal, much to the benefit of taxpayers explains Rajendra Nayak of Ernst & Young.
  • Natalie Napier has joined ENS – Taxand as a director in Johannesburg, specialising in corporate tax. Napier has 12 years experience and has acted for both listed and unlisted companies in the mining, telecommunications, banking, retail and health industries.