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Guernsey and Isle of Man sign tax agreements with two EU member states

In separate moves, the UK Crown Dependencies of the Isle of Man and Guernsey have signed tax information exchange agreements with EU members

April 28 2008
Turkish tax authority delays transfer pricing reporting

New communiqué gives taxpayers more time to file report

April 27 2008
Honda makes $7.7 billion provision against transfer pricing investigation

Five years of profits with Chinese joint venture company under scrutiny

April 24 2008
Companies face June deadline for new transfer pricing rules

Spot checks by Finnish tax authority on transfer pricing documents anticipated by advisers

April 23 2008
SJ Berwin elects new partner

Tax associate Emidio Cacciapuoti has become a partner of SJ Berwin in Italy. He specialises in the tax aspects private equity fund structures, carried interest schemes and corporate reorganisations. He also deals with tax issues related to financing and securitisation transactions

April 23 2008
Landmark tribunal ruling hits tax authority

Cargill case in India puts limits on scope of transfer pricing officers

April 22 2008
US Senate Finance chief plots course to tax reform

US Senate Finance Committee chairman Max Baucus announced on April 15 that a new series of hearings and roundtable sessions will be held in preparation for an overhaul of the tax code in 2009

April 22 2008
Test Claimants in the CFC and Dividend Group Litigation v Commissioners of Inland Revenue

First subparagraph of Article 104(3) of the Rules of Procedure – Freedom of establishment – Free movement of capital – Direct taxation – Corporation tax – Share dividends paid to a resident company by a non-resident company – Rules on controlled foreign companies (‘CFCs’) – Situation as regards a non-member country – Classification of claims brought against the tax authority – Liability of a member state for breach of Community law.

April 22 2008
Sweden consults on APA programme

Swedish Tax Agency proposal covers bilateral and multilateral APAs

April 21 2008
Germany signs OECD-Council of Europe tax agreement

Germany has become the 16th country to sign the OECD-Council of Europe Convention on Mutual Administrative Assistance in Tax Matters. The Convention promotes enforcement of tax laws by allowing for cooperation between the tax administrations of the signatories on information exchange, examinations and collection.

April 21 2008

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