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  • Failure of a member state to fulfil its obligations – Freedom of establishment – Freedom to provide services – Restrictions – Research and development – Rules for the deduction of costs incurred abroad.
  • Alistair Darling's first budget as UK finance minister stuck to his predecessor's corporate tax commitments, but left one document out that was widely predicted
  • The Mumbai High Court has adjourned Vodafone International's writ against a $2 billion tax demand until June 23
  • On May 22, International Tax Review will present its fourth annual European Tax Awards in London, celebrating the most innovative tax transactional, structuring, litigation and transfer-pricing work done in Europe between February 2007 and February 2008
  • Switzerland's federal finance minister has created a working group to review the state's policy on tax competition
  • Thailand's government has launched a broad-based programme to attract foreign investment. A key element in the package is a proposal to cut corporate taxes by five percentage points to 25% over the next three years.
  • A former leader of KPMG's global transfer pricing services group is leaving the firm to join Baker & McKenzie. Richard Boykin is joining his new firm as principal economist in the global tax group. He will practise in the firm's London office before moving to New York in mid-2009.
  • The UK chancellor has announced changes to the North Sea fiscal regime in an attempt to encourage further investment in the UK continental shelf, the region of waters surrounding the UK.
  • US lawmakers got no closer to solutions on the federal tax treatment of certain derivative products after a hearing of the subcommittee on select revenue measures of the House Committee of Ways and Means on March 5
  • The UK corporate tax rate should be reduced from 30% to 15% and the cut should be financed by environmental taxes, says a report from KPMG