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IASB seeks comments on proposed IFRS changes

The International Accounting Standards Board (IASB) has released an exposure draft outlining 11 proposed changes to its International Financial Reporting Standards (IFRS).

Matthew Gilleard, May 08 2012
Reed Smith launches German tax practice with new partner

International law firm Reed Smith has appointed Thomas Gierath to its partnership.

May 08 2012
How to manage iXBRL filing in-house

For many companies, the transition to filing corporate tax returns in inline extensible business reporting language (iXBRL) has been far from smooth.

Ralph Cunningham, May 08 2012
Asia reacts to the arm’s-length principle

Asia is seen as less tolerant of the OECD's thinking on transfer pricing, compared to Europe and the Americas, but the region’s acceptance of the arm’s-length principle (ALP) is growing, say speakers at International Tax Review’s Asia Tax Forum in Singapore this week.

Sophie Ashley, May 08 2012
India reacts to retroactive amendments

With the Indian Parliament this week approving the amended Finance Bill 2012, a precedent has been set. The legislature has the power to overrule the country’s judiciary through the use of retroactive law amendments. Read what India’s leading taxpayers, officials and advisers have to say on this latest development.

Jack Grocott, May 08 2012
McCarter & English hires partner in New Jersey

Alan Kornstein has joined McCarter & English’s Newark office, New Jersey, as a partner in the tax and employee benefits group.

May 08 2012
Doran rejoins Macfarlanes

Nigel Doran is rejoining Macfarlanes’ tax and structuring group in London, effective from May 14.

May 08 2012
UK clamping down on anti-avoidance

HM Revenue and Customs’ (HMRC) anti-avoidance group has published six monthly disclosure statistics that show a marginal increase in the number of disclosures made by promoters.

Joe Dalton, May 08 2012
Asia officials highlight compliance priorities

Past and present tax officials from Asia and the US, speaking on the first day of International Tax Review's Asia Tax Forum in Singapore, painted a picture of compliance in their jurisdictions where in some areas efforts are being radically restructured, such as the reorganisation of the US mutual agreement procedure and advance pricing agreement (APA) programmes, and in others change is more gradual.

Ralph Cunningham, May 08 2012
What you have missed on ITR Premium

Coverage of International Tax Review’s Tax & Transparency Forum, GE’s Chris Needham on split-payments, and why the UK’s obsession with tax is under attack were just three of the topics that dominated ITR Premium last week.

May 07 2012

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