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  • Kogaz and others v Zala Megyei Kozigazgatasi Hivatal Vezetoje; OTP Garancia Biztosito rt v Vas Megyei Kozigazgatasi Hivatal
    Sixth VAT Directive – Article 33(1) – Definition of ‘turnover taxes’ – Local business tax.
    October 10 2007
  • Europeenne et Luxembourgeoise d’investissements SA (Elisa) v Directeur general des impost and Ministere public
    Direct taxation – Tax on the commercial value of immovable property in France owned by legal persons – Holding companies under Luxembourg law – Refusal of exemption – Directive 77/799/EEC – Non-exhaustive list of specified taxes and duties – Tax similar in nature – Limits to exchange of information – Bilateral convention – Article 73b of the EC Treaty (now Article 56 EC) – Free movement of capital – Combating tax evasion.
    October 10 2007
  • Hammonds appoints head of VAT
    John Fuszard has joined Hammonds, a UK law firm, as head of VAT and indirect tax. He will be based in Leeds. He specialises in property, finance and international trade VAT advice.
    October 10 2007
  • US stock option tax under fire
    US Senator Carl Levin has introduced a bill that would change the tax treatment of corporate stock option deductions
    October 09 2007
  • Venezuela targets VAT collection
    On October 2, the National Customs and Tax Administration Service (Seniat) (in Spanish) of Venezuela began a strict strategy for the collection of value added tax (IVA).
    October 09 2007
  • Italy's budget slashes corporate tax
    Italy's headline corporate tax rate will be cut to 27.5% from 33% if the budget (in Italian), introduced on September 30, is approved. The reduction will be revenue-neutral and financed by reducing government funded incentives and subsidies to industry.
    October 09 2007
  • Fund managers favour offshore tax proposals
    The group that represents investment managers in the UK has welcomed the publication of a consultation document into the taxation of offshore funds
    October 09 2007
  • Officials get closer to common tax base
    A proposal for a single set of rules to calculate company tax bills throughout the EU looks closer and closer after the latest meeting of the common consolidated corporate tax base working group
    October 09 2007
  • india-small.jpg
    Revenue Watch: India
    Hardev Singh, senior manager in the transfer pricing department at KPMG India, looks at the efforts of income tax and customs departments to achieve consistency from multinationals.
    October 08 2007
  • UK government moves towards tax simplification
    The UK tax authorities are inviting companies to participate in three reviews aimed at simplifying the business tax system
    October 08 2007
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