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  • Many companies operating in Ecuador face the prospect of transfer pricing adjustments after the country's national assembly voted through a package of tougher measures. The new law will oblige multinational companies to extend the information given in transfer pricing reports.
  • Stephane Taieb, of Baker & McKenzie in Paris, says the proposed reform is welcome but could go further
  • William Hawkins The Board of The Coca-Cola Company has elected William Hawkins as vice president of the company and appointed him general tax counsel. Hawkins has worked in the Company's Office of General Tax Counsel since 1998 and will now lead the tax policy and strategy team.
  • Transfer Pricing Associates (TPA) opened a new office in London in December and another in Washington DC in January.
  • Viacom, the television entertainment company, has appointed James Barge as executive vice president of tax and treasury. He joins from Time Warner, where he was senior vice president and controller.
  • Alex Milcev Jean-Marc Cambien The changes taking effect on January 1 2008 are a result of the most significant overhaul of the tax legislation since Romania's accession to the EU in 2007. The realities of fast developing economy in 2007, the need for more clear rules and the state budget constraints imposed these series of amendments adopted by the Romanian government in the second part of 2007.
  • Jordi Domínguez Lorena Colomer Globalisation has meant significant changes in our economy in the last years, and in the mode of operation of the different players as well. One of the more significant changes makes reference to mobility. Not only referred to services or goods delivered or rendered anywhere, but also referred to individuals and entities changing their place of business depending on the circumstances of the global market.
  • By Paolo Giacometti and Raul-Angelo Papotti, Chiomenti Studio Legale
  • Renata Dluska From January 1 2006, Polish business entities which do not operate in special economic zones are entitled to tax relieves/deductions if they acquire qualifying new technologies ;
  • Akio Takisaki On June 28 2007, the Tokyo high court ruled against the Japanese national tax agency's appeal to re-characterise a Tokumei Kumiai (TK) as a Nin-i Kumiai (NK) and treat the TK investor as having a permanent establishment in Japan. The decision is remarkable because it supports the taxpayer who established a tax-savings driven structure.