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  • Taxpayers win reprieve for German debt restructurings
    The Federal Tax Court in Germany has confirmed that debts waived because of a restructuring, can be offset against tax losses.
    September 08 2010
  • Xilinx team takes top award
    The tax team at the company that was part of one of the most significant transfer pricing cases in US history will be honoured at this year's Americas Tax Awards.
    September 08 2010
  • Intercompany financial transactions up for discussion
    The Intercompany financial transactions talk at International Tax Review’s Transfer Pricing Forum in Amsterdam this month will be moderated by Antonio Russo of Baker & McKenzie in the Netherlands.
    September 07 2010
  • dutch-flag-tiny.jpg
    Panel praises Dutch tax system
    Tax authorities from across the world should pay close attention to the way the Dutch authorities interact with taxpayers, a leading tax adviser has said.
    September 07 2010
  • china-flag.jpg
    China completes first MAP in automotive Industry
    The Chinese tax authorities have formally signed the first automotive-related Mutual Agreement Procedures (MAP) completed in China, which is also the first successful MAP case in Guangdong Province.
    September 07 2010
  • Vodafone loses India court battle
    The Mumbai High Court has ruled that that the country's tax authorities have the right to pursue Vodafone over its estimated $2 billion tax bill.
    September 07 2010
  • IRS clarifies its position on FATCA
    The IRS has issued guidance to taxpayers on how the tax authorities will interpret certain sections of the Foreign Account Tax Compliance Act (FATCA) that were enacted in the Hiring Incentives to Restore Employment (HIRE) Act in March 2010.
    September 06 2010
  • Kazakhstan to double excise duty on crude oil
    Kazakhstan will double its export duty on crude oil to $40 per tonne in 2011.
    September 06 2010
  • Deals of the week - September 7 2010
    Type of Deal Value Acquirer Target Adviser to acquirer (tax) Adviser to target (tax) Acquisition $297 million Capgemini 55% stake in CPM Braxis KPMG Acquisition $97 million Emergent BioSolutions Trubion Pharmaceuticals Fenwick & West Michael Solomon & William Skinner Acquisition Undisclosed Cisco Arch Rock Fenwick & West Timothy Fitzgibbon Acquisition Undisclosed Clayton, Dubilier & Rice 42.5% stake in Univar Debevoise & Plimpton Gary Friedman
    September 06 2010
  • Official plots route to changes in VAT system
    A senior EU official has said a Green Paper on reform of the VAT system in Europe will be issued before the end of this year.
    September 06 2010
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