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  • EU requests WTO consultations with the Philippines over unfair taxation
    The EU has requested consultations with the Philippines at the World Trade Organisation regarding excise taxes on distilled spirits, which the EU considers to be discriminatory. Imported spirits including Spanish brandy and Scotch whisky can face taxes 10 to 50 times higher than those of domestic products. Exports to the Philippines have fallen significantly as a result.
    August 03 2009
  • Opinions split over calls to cut Australia's business tax rate
    Australia's government could help companies by focusing more on "micro business tax issues" instead of cutting the corporate tax rate, a leading tax director has said.
    August 03 2009
  • Tax professionals pan Beijing tax incentives
    A leading tax lawyer has criticised new tax incentives aimed at encouraging multinational companies to set up regional headquarters in Beijing.
    August 02 2009
  • Deloitte hires partner from Ernst & Young
    Deloitte in Australia has appointed Rodger Muir as an indirect tax partner in the firm's Sydney office.
    July 30 2009
  • HMRC will be "taking no prisoners" in tax amnesty
    HM Revenue and Customs in the UK will be "taking no prisoners" when it begins its pursuit of tax evaders in the country's second tax amnesty, a leading UK tax professional has said
    July 30 2009
  • New partner at Taylor Wessing
    Rob Young has become a partner of Taylor Wessing in London. He specialises in the tax aspects of funds, including the structuring and establishment of funds, debt and equity capital markets issues, real estate transactions, including stamp duty land tax and VAT, private equity fund structuring and deals and general M&A.
    July 30 2009
  • Isle of Man’s TIEA contains transfer pricing provision
    Efforts made by one UK crown dependency to enhance its network of international tax treaties have been bolstered this week by the signing of an agreement that includes transfer pricing provisions.
    July 28 2009
  • hk-court-of-final-appeal-tiny.jpg
    Hong Kong Court of Final Appeal decides on transfer pricing case
    On July 24 2009, the Hong Kong Court of Final Appeal (CFA) handed down its decision in the Ngai Lik Electronics Company vs CIR case.
    July 28 2009
  • nigeria-flag-tiny.jpg
    Nigerian official asks for transfer pricing compliance
    Nigerian taxpayers need to make greater efforts to comply with the country’s transfer pricing rules, a leading government official has said.
    July 28 2009
  • china-tiny.gif
    China expands contemporaneous documentation requirements
    A regulation released earlier this month by China’s State Administration of Taxation (SAT) makes loss-making single-function enterprises submit transfer pricing contemporaneous documentation to justify their losses.
    July 28 2009
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