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New China-Barbados treaty targets capital gains

China's amendment to its tax treaty with Barbados is likely to affect companies looking to invest in China with the biggest change targeting capital gains tax.

March 08 2010
Economist calls for tax reform to prevent turmoil

An overhaul of the international tax system could help to prevent a repeat of the global financial crisis, an IMF official said this week.

March 05 2010
Authority rules overseas fees not taxable in India

An Indian authority has ruled that the assignment of rights and obligations is not taxable in India in the absence of a permanent establishment (PE).

March 05 2010
Senate prepares to act on tax extenders legislation

The US Senate will discuss legislation that majority leader Harry Reid introduced in February which would retroactively extend certain tax breaks that expired at the end of 2009.

March 04 2010
UPDATE: House approves amended version of Senate jobs bill

The US House of Representatives approved a Senate jobs bill yesterday which will encourage employers to provide jobs to displaced workers through tax incentives. The job-creation measures will be offset by new foreign account compliance rules to prevent offshore tax evasion.

March 04 2010
Isle of Man begins corporate tax consultation process

The Isle of Man government has released a discussion document looking at potential changes to the corporate tax system. The government wants to find ways to maintain competitiveness while complying with EU and OECD requirements.

March 03 2010
UK to name and shame tax evaders

Her Majesty's Revenue and Customs will be able to publish taxpayers' names, addresses and details of their evasion under a new law introduced today.

March 03 2010
Former DLA partner founds new firm

A former senior associate of DLA Piper has joined four other lawyers to set up Nicea Abogados in Madrid.

March 03 2010
Rangel steps down from tax-writing role in face of ethics probe

Representative Charles Rangel has temporarily stepped down as chairman of the Ways and Means Committee of the US House of Representatives amid inquiry for ethical misconduct.

March 03 2010
Brazilian IRS announces new currency appreciation adjustment

The Brazilian Internal Revenue Service (Brazilian IRS) has published instructions providing the currency appreciation adjustment factor to be used in the calculation of transfer prices for the calendar year 2009.

March 03 2010

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