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Angola to set up tax court

The Angolan government has confirmed that it will establish the country’s first tax court within the next five years.

February 08 2012
US releases further FATCA guidance

The US Treasury has today issued proposed regulations on the implementation of FATCA.

February 08 2012
Harvey returns to KPMG in the US

Ken Harvey returns to the US following a three year secondment with KPMG China, where he was based in Hong Kong and supported the US tax practice for the Asia Pacific region. His role in Asia involved providing US corporate tax advice for China-based outbound investors and US-based multinationals operating in the Asia Pacific region.

February 08 2012
OECD transfer pricing translation is next step to ensnaring Brazil

The OECD has translated the Transfer Pricing Guidelines for Multinational Enterprises into Portuguese, a next step in aligning the country with global best practice.

Sophie Ashley, February 07 2012
How transfer pricing advisers are responding to changes in service demand

Previously, TPWeek reported on multinationals’ decrease in demand for outsourced transfer pricing advice. Advisers explain how they are keeping up with market trends and how the approach of accountants and lawyers varies.

Sophie Ashley, February 07 2012
Interpretation of new German rules adds to compliance for foreign holding companies

The German Ministry of Finance has published an interpretative letter dealing with how the tax authorities intend to enforce revised anti-treaty shopping rules, which took effect on January 1.

Ralph Cunningham, February 07 2012
Why the US reform of extender provisions cannot wait for tax code overhaul

The US Senate Finance Committee last week examined the role of extenders – tax provisions that require renewing annually – within the tax system, in the context of fundamental reform of the US tax code. Witnesses said waiting for comprehensive reform would distort business decisions, urging quick action on expired and expiring extenders.

Matthew Gilleard, February 07 2012
INSIGHT: What to expect in India’s budget next month

India’s finance minister will present his 2012 budget on March 16 and advisers are warning that taxpayers should be prepared for the adoption of controlled foreign company legislation, a general anti-avoidance rule and a place of effective management regime.

Matthew Gilleard, February 07 2012
Two new faces for Miller & Chevalier

Miller & Chevalier Chartered, the law firm, has added two members to its tax department in Washington, DC.

February 07 2012
Mexico: 2012 Tax Package update

In December 2011, the 2012 Mexican tax package was published in the Official Gazette.

February 07 2012

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