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India’s new Finance Minister Palaniappan Chidambaram has cast doubt over the future of the Direct Taxes Code (DTC), and now advisers say it may be permanently shelved.

Brewing multinational SABMiller filed a petition in Bombay’s High Court last week against the Indian tax authorities’ retrospective claims for unpaid capital gains tax, initiating a dispute that will ramp up the pressure on the government to overturn the retrospective amendments introduced in Finance Act 2012.

The Canadian government has released a document containing draft legislative proposals for a range of corporate tax reforms.

Tom Aston of KPMG asks whether greater powers of information exchange will really benefit tax authorities in developing countries.

TREATY ANALYSIS: Last month Australia and Canada announced they are in the process of renegotiating the double tax avoidance treaty between the two countries.

South Africa’s tax regime is undergoing significant reform. International Tax Review speaks with two of the country’s leading tax advisers to discover how taxpayers can avoid disputes and what strategy the South African Revenue Service (SARS) is likely to pursue in the near future.

India’s Finance Bill 2012 amended the definition of international transaction by widening the definition of intangibles, with the introduction of human capital related intangibles such as trained and organised workforce, employment agreements and union contracts.

Tax policy and implementation is changing rapidly in Asia. Regulations are constantly being reformed and taxpayers' tactics and strategies need to be consistently reviewed to keep up. The region is wising-up to the notion that tighter tax regulations mean higher revenues and, while this is nothing new, some of the procedures that are in place and they way they are scrutinising taxpayers' operations are becoming more sophisticated. General-anti avoidance rules (GAAR), sanction-lifting, managing certain types of structures and compliance are just a few of the issues taxpayers are facing.

VAT fraud costs the EU and the national budgets several billion euros every year. Thus, avoiding fraud has become the most important issue for the EU and the member states. Ronny Langer and Thomas Küffner of Küffner Maunz Langer Zugmaier look at the measures that have been introduced to address the problem and how they are affecting honest businesses.

A report from the UK Parliament’s International Development Committee has highlighted the importance of tax collection in developing countries, demanding greater transparency and country-by-country reporting.