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  • Alexander Voegele and Hendrik Fuegemann of NERA Economic Consulting outline how new administrative guidelines are affecting taxpayers’ application of the relocation of functions regulations in Germany
  • At International Tax Review’s fourth annual Americas Tax Awards held in New York on September 30, awards were presented for transfer pricing in 14 countries and cities. There were also a regional award each for Latin America and North America transfer pricing firm of the year.
  • Stephen Nelson On August 17 2009, the State Administration of Taxation (SAT) issued a Notice to clarify certain individual income tax (IIT) issues (Guo Shui Fa [2009] number 121). The salient points are summarised below:
  • Handy Kurniawan On April 22 2009, the minister of finance of the Republic of Indonesia issued a new regulation regarding the withholding of article 26 income tax on income received or earned by non-resident taxpayers on income in the form of revenue from sale or transfer of assets in Indonesia.
  • Nélio Weiss Philippe Jeffrey The Brazilian Congress approved, by means of decree 500, published in the official gazette of August 11 2009, the text of the double tax treaty (DTT) concluded on February 17 2006 between Brazil and Peru. The DTT still needs to be officially incorporated to the Brazilian legislation through the issuance of a presidential decree in order to become effective.
  • Rajendra Nayak Ganesh Pai On August 12 2009, the finance minister of India unveiled the draft of the Direct Tax Code (DTC) for public discussion. The DTC once finalised, would replace the existing income-tax law in India with effect from April 1 2011. The DTC proposes a number of significant changes to the tax laws.
  • A monthly commentary on the notable facts, figures and goings-on in the tax world.
  • As governments across the world try and generate as much tax revenue as possible, Jack Grocott discovers how the UK plans to claw back undisclosed assets from the world's low-tax jurisdictions through the New Disclosure Opportunity and the Liechtenstein Disclosure Facility.
  • Caitriona McGonagle has joined William Fry Tax Advisors - Taxand in Ireland as a consultant. She was formerly a partner at Matheson Ormsby Prentice, which she left in April.
  • Alvarez & Marsal Taxand in the US has appointed Doug Wibbing as managing director at the firm's San Francisco office.