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  • ATO produces guidance on Roche Products case
    Tax professionals in Australia agree with the authorities’ view of the value of the Administrative Appeals Tribunal’s judgement in the Roche Products case, though some would have preferred a more comprehensive ruling from the AAT
    February 11 2009
  • Event highlights European business restructuring challenges
    Taxpayers were warned of the UK government’s dual approach to disregarding transactions at a transfer pricing conference in New York last week.
    February 10 2009
  • National newspaper tackles tax avoidance debate
    A national newspaper is probing the tax strategies of more than 20 major British companies in an investigation to determine the extent of tax avoidance by big business.
    February 10 2009
  • UK tax authorities rule internet intermediary service is not VAT exempt
    A VAT tribunal (Leadx v HMRC) has ruled that an internet-based bidding system allowing brokers to buy and sell leads for potential customers was not within either the insurance or finance-related exemptions from VAT under the EC VAT directive.
    February 10 2009
  • US effective tax rate worries tax executives
    Management of the effective tax rate and taxation of international operations are top concerns for US corporate tax executives, a report by a US law firm has said.
    February 10 2009
  • Indian industry calls for tax cut
    Business leaders in India want the government to reduce the country's corporate tax rate ahead of next week's interim budget.
    February 10 2009
  • KPMG takes two from rivals
    KPMG has poached two new tax partners from the firm's big four competitors.
    February 10 2009
  • Hungary awaits news on VAT increase
    Hungary's VAT hike is expected to be announced on Monday. The predicted increase, reported in International Tax Review last month, is set to see the top rate of VAT rise three percentage points to 23%.
    February 10 2009
  • Deloitte sets up in Middle East
    John Belsey has moved to Dubai to head Deloitte's international tax services and M&A tax practice in the Middle East. He was formerly an M&A tax partner in London and was the client relationship partner for some of the firm's biggest global clients, as well as leader of the firm's services to the UK government and public sector.
    February 10 2009
  • Taxpayers get Australian asset tax relief
    Australian companies will be allowed a tax deduction of up to 30% of the cost of an asset as part of the government's attempt to revive the economy. The temporary tax break will cost A$2.7 billion.
    February 10 2009
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