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ECJ backs Rank in £250 million VAT reclaim

The ECJ has ruled in favour of Rank Group's claim that it overpaid VAT to HM Revenue & Customs by more than £250 million ($397 million).

Jack Grocott, November 10 2011
Australia’s commissioner clarifies source in LBOs

Australia’s tax commissioner has finalised his views on the issue of source in leveraged buyouts.

Jack Grocott, November 10 2011
Why BIAC wants more involvement in OECD’s intangibles project

The business advisory body to the OECD (BIAC) is asking for more involvement in the OECD’s drafting of guidelines for the transfer pricing aspects of intangible assets. Read a full transcript of the BIAC tax and fiscal policy committee’s plea.

November 10 2011
Poland: New documentation requirements for cross-border payments

The amended CIT Act imposed new documentation requirements on payments of income to foreign entities that seek tax exemptions.

November 09 2011
Indian court explains how to calculate tax holidays

An Indian high court ruling has clarified one of the important issues surrounding tax holiday computation when a holiday period has ended.

Jack Grocott, November 09 2011
Advisers object to compulsory VAT registration for non-UK companies

One of the leading international organisations of tax practitioners has come out against the UK government’s plan to require non-UK businesses to register for VAT.

Ralph Cunningham, November 09 2011
Indian court explains how to calculate tax holidays

An Indian high court ruling has clarified one of the important issues surrounding tax holiday computation when a holiday period has ended.

Jack Grocott, November 09 2011
FREE: New list of software and forms for UK tax returns

HM Revenue and Customs has published the latest list of software and forms for corporation tax return filing purposes in the UK.

November 09 2011
US Outbound: President Obama releases deficit reduction plan

President Obama has released his plan to cut the US federal deficit by more than $4 trillion over the next decade, in part by undertaking tax reforms that are projected to raise approximately $1.5 trillion over the next 10 years.

November 09 2011
O’Melveny & Myers establishes Indonesian association

O’Melveny & Myers has announced that a formal association has been established between itself and Indonesian firm Tumbuan & Partners. Joel Hogarth, a partner in O’Melveny & Myers (OMM) who is based in Singapore, will relocate to Jakarta to coordinate the association.

November 09 2011

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