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PwC adds partner to San Francisco office

Kevin Nishioka has joined PwC as a tax partner based in the firm’s San Francisco office.

November 21 2011
The challenges of cutting the US corporate tax rate

Tax reform in the US is easier said than done. With the congressional supercommittee failing yesterday to agree on a deal to tackle the nation's deficit, the likelihood of a lower corporate tax rate looks even more unlikely.

November 21 2011
VAT not on UAE’s horizon

Contrary to earlier reports, the UAE has ruled out introducing VAT next year, while Gulf Cooperation Council (GCC) states have indefinitely delayed plans to introduce the tax.

Salman Shaheen, November 21 2011
Leaked documents confirm Irish 2% VAT hike

Ireland will increase its VAT rate by 2% in next month's budget, leaked documents to the German parliament confirm.

Jack Grocott, November 18 2011
China launches pilot programme to reform turnover tax regime

China this week released details of its pilot programme to reform its turnover tax regime.

Salman Shaheen, November 18 2011
Singapore decision highlights importance of taxpayer honesty

The High Court of Singapore has held that losses caused to a company by a fraudulent director who had overriding power or control in the company are not deductible for tax purposes.

Jack Grocott, November 17 2011
Why carbon tax is not the main reason Rio Tinto is closing its UK smelter

Rio Tinto announced this week that it is closing its only aluminium smelting plant in the UK. Much of the coverage surrounding the decision suggests that it is a reaction to the burden of changing environmental tax policy, but the reality is somewhat different.

Salman Shaheen, November 17 2011
PwC expands International Tax Services practice in Washington

PwC US has hired a new principal in the firm’s International Tax Services practice. Rebecca Rosenberg joins and will be based in Washington, DC.

November 17 2011
VAT relief for Channel Islands will end in April

The UK government has decided to end VAT relief available on products from the Channel Islands, effective from April 1 2012, saying it will bring increased fairness for UK businesses, benefit the economy and protect millions of pounds in tax revenue.

Matthew Gilleard, November 17 2011
Montenegro to maintain competitive tax system

To prevent consequences similar to those in the European countries regarding current debt crisis, the Montenegrin government plans to implement a number of economic measures by the end of the year, which will mostly concern public sector spending.

November 16 2011

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