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  • Tax professionals in the UK are calling for appropriate safeguards and clear guidelines to make sure corporates that pay the correct amount of tax do not end up on the government's black list of tax dodgers.
  • Singapore will sign an agreement later this year to exchange tax information with France in a bid to improve its status worldwide.
  • Vineet Chhabra and Viswanathan Subramaniam of Deloitte India discuss the key budget amendments in the transfer pricing regulations and its implications on the taxpayers and the revenue authorities
  • A top UK tax strategist has criticised government plans to modernise the country's controlled foreign company rules, saying the concept of a CFC system is "questionable".
  • The requirement to sign 12 tax information exchange agreements should be seen as the start and not the end for countries wanting to comply with international standards of tax transparency, the leaders of the world's top eight economies have said
  • Failure of a member state to fulfil obligations; Indirect taxes on the raising of capital; Capital companies; Directive 69/335/EEC; Articles 2(1) and (3), 4(1) and 7; Capital duty; Exemption; Conditions; Transfer of effective centre of management or of registered office from one member state to another member state; Capital duty on the capital allocated to commercial activities pursued in a member state by branches or permanent establishments of companies established in another member state.
  • First subparagraph of Article 104(3) of the Rules of Procedure Sixth VAT Directive Article 10(1) and (2) Recovery of tax improperly deducted Starting point of the limitation period.
  • Freedom of establishment; Free movement of capital; Corporation tax; Profits distribution; Tax credit; Different treatment of resident shareholders and non-resident shareholders; Bilateral double taxation conventions; Tax advantages relating to the deductibility of losses on the reduction in the value of shares; Exclusion where the resident shareholder has acquired his shares from a non-resident shareholder; Obstacle; Justification; Combating of tax avoidance; Proportionality.
  • Interpretation of Article 4(1) and (2) of the Sixth VAT Directive. Whether certain financial transactions carried out by a political party constitute economic activities for the purposes of that directive.
  • Ernst & Young has elected 65 tax partners across the EMEA region. The promotions cover all tax service lines and were effective as of July 1.