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Adjustment costs Takashimaya $900,000

One of Japan's largest department stores has been hit with an additional tax bill of ¥94 million ($900,000) for the six years up to February 2007

April 21 2008
UK proposals on foreign profits could cause walk-out

Shire may not be the only UK multinational to establish its tax residency outside the country, the head of a leading business tax research institute has warned.

April 21 2008
Sweden consults on APA programme

Swedish Tax Agency proposal covers bilateral and multilateral APAs

April 21 2008
OECD publishes draft model tax convention update

The OECD has released the draft contents of the 2008 update to the Model Tax Convention

April 20 2008
Linklaters adds two partners

Linklaters has promoted two tax lawyers to the partnership. Thomas Elser works in Munich and specialises in restructuring, domestic and international M&A and the structuring of private equity and venture capital funds. Javier Garcia-Pita, who is based in Madrid, is a contentious tax specialist.

April 20 2008
Japan’s top retailer pays $900,000 in back taxes

Takashimaya hits transfer pricing troubles over Singapore business

April 20 2008
Tribunal rules that transactions must be assessed separately

Hardev Singh and Kishore Nair, of TP Week correspondent KPMG in India, say that further litigation is expected

April 17 2008
South Africa extends scope of transactions reporting

New amendment gives SARS much wider authority on disclosure

April 16 2008
India creates dedicated team of 70 transfer pricing officers

Move quadruples transfer pricing expertise across sub-continent

April 16 2008
World Bank warned off targeting tax havens

The World Bank must not campaign against tax havens at the risk of damaging international tax competition, says the Coalition for Tax Competition

April 15 2008

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