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  • microsoft-logosmall.jpg
    How Microsoft uses Puerto Rican incentives to lower US tax bill
    Microsoft’s Form 10-K filing with the Securities Exchange Commission (SEC) shows the company’s effective tax rate in the US is just over half the statutory tax rate. But how has it managed to achieve this?
    Salman Shaheen, August 01 2011
  • UK government divided over 50p tax rate
    The 50p tax rate is a significant factor for companies in choosing where to locate and a key means of convincing people that the coalition’s deficit reduction programme is not just hitting the poor. Cracks, however, are beginning to appear between the Liberal Democrats and the Conservatives.
    July 31 2011
  • Indian taxpayers face challenging future
    Next year will herald a widescale period of change for tax in India. It will force tax directors from domestic and international companies to completely reconsider their strategies and to seek efficiencies at all levels of their company's tax affairs.
    July 31 2011
  • FREE: REITs in the Philippines may no longer be a suitable option
    The Philippines has finally issued the much-delayed revenue regulations governing the tax incentives granted to real estate investment trusts (REITs).
    Jack Grocott, July 31 2011
  • Canada considers changing taxation of SIFTs
    Canadian Finance Minister Jim Flaherty announced possible plans to close a corporate tax loophole associated with specified investment flow-through (SIFT) entities.
    July 31 2011
  • Majure is new addition for KPMG
    Kimberly Tan Majure has joined KPMG’s Washington National Tax practice as a principal in the international corporate services group.
    July 28 2011
  • Freshfields strengthens TP economics department
    Freshfields have strengthened their transfer pricing economics capability, in London, with the assistance of a second doctoral-level economist, Rupert Macey-Dare, who is a member of the dispute resolution practice and regularly assists Danny Beeton, head of transfer pricing economics at the firm.
    July 28 2011
  • IRS undergoes transfer pricing reshuffle
    The IRS is moving its advance pricing agreement (APA) and mutual agreement procedure (MAP) programmes, to bring them together under the Large Business & International (LB&I) Division’s international operation.
    July 28 2011
  • India wades into EU airline tax debate
    India’s aviation ministry has formally opposed the EU’s plans to tax airlines on the basis of carbon emissions from the start of 2012.
    Jack Grocott, July 27 2011
  • Could Germany end up with €10 billion from Swiss banks?
    Negotiations between Swiss banks and German authorities over the tax treatment of thousands of accounts held by German taxpayers are heating up.
    July 27 2011
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