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  • Neil Wilson Legislation to implement the third and fourth stages of the Taxation of Financial Arrangements (TOFA) reforms was introduced into parliament on September 20 2007 as the Tax Laws Amendment (Taxation of Financial Arrangements) Bill 2007.
  • Todd Miller and Michael Friedman of McMillan Binch Mendelsohn in Toronto explain why the new protocol to the treaty offers both significant tax benefits and new challenges
  • Yongjun Peter Ni and Gilbert Ng of Ernst & Young predict the scope of the regulations which implement China's new Enterprise Income Tax Law
  • The European Commission has amended the transitional measures it applied to Belgian coordination centres before the European Court of Justice (ECJ) ruled against those measures in 2006. The Commission has taken almost 18 months to make the changes.
  • Hong Kong: reaching out A new double tax treaty has been concluded between Hong Kong and Luxembourg. It is Hong Kong's fourth in recent years. It signed similar deals with Belgium in 2003, Thailand in 2005 and mainland China in 2006.
  • Indian parliament: getting ready to look at APA rules Tax authority officials in India have bowed to business pressure and begun a process towards the adoption of advance pricing agreements (APAs).
  • Andrew Immerman, of Alston & Bird, says that the capital gains taxation of private equity managers faces attack in the US
  • Brazil's financial services industry is gaining momentum. Camilo Santos of Deloitte in Brazil outlines how the sector is taxed and how investors can take advantage of acquisitions
  • Horacio Dinice of Deloitte in Argentina, Ricardo González Orta of Deloitte in Mexico and Marcelo Natale of Deloitte in Brazil survey the variations in transfer pricing throughout Latin America
  • Recent changes to Mexico's income tax laws will have an impact on cross-border taxpayers, though an in-depth analysis must be made, including some modeling, says Luis Liñero of Deloitte in Mexico