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Recent case law in India suggests that international taxpayers should review their permanent establishment risk periodically. Find out more in the June issue of International Tax Review online now.

Germany's lower house of parliament has proposed that taxpayers should receive temporary relief from an increase in the interest deduction limitation to taxpayers.

A preliminary ruling from the European Court of Justice has held that the transfer of insurance policies does not qualify as an insurance transaction and so should not be VAT exempt.

Mergers and acquisitions, currency fluctuations, national budgets, tough competition: these are just some of the topics that have been entertaining Europe's most admired tax directors this year. Add to the list everyone's favourite subject of the last 12 months, the recession, and you have the recipe for a challenged and hectic tax department overseen by an equally burdened tax director.

Deloitte has appointed a lead partner for its insurance tax team in London. Anne Hamilton joins the firm from PricewaterhouseCoopers and will be in charge of a team of five partners. She advises UK and global insurers.

Among the main tax benefits established in the legislation, the Chilean income tax law (ITL) provides a special benefit to certain taxpayers that comply with a number of requirements.

Nélio Weiss Philippe Jeffrey A recent decision issued by the Brazilian taxpayer council, an administrative court, in connection with Brazilian controlled foreign corporation (CFC) rules, has taken many tax specialists by surprise by setting forth a new interpretation, which is unfavourable to taxpayers, in connection with said rules.

Ian Farmer The competitiveness of Australian business will be severely tested in this economic climate. Business taxation is overly reliant on corporate income tax and, as a result, Australian government revenues fluctuate strongly with corporate profitability. Globally, the Australian tax system is one of the world's most complex, with compliance costs estimated at about twice those in the US and Britain. The Australian tax system is characterised by a prolific number of taxes, with 56 business taxes imposed on Australian companies, 21 federal and 35 state and territory taxes.

Recent case law in India suggests that international taxpayers should review their permanent establishment risk periodically, believe Srinivasa Rao and Rajendra Nayak of Ernst & Young

Anthony Lewis, EU tax & treasury director of Affiliated Computer Services, provides an insight into the unwritten job of the stand alone tax director at the average US multinational