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  • The UK House of Lords has told the government it should try harder to reduce the complexity of the country's corporate tax system
  • Indirect taxes on the raising of capital - Council Directive 69/335/EEC of 17 July 1969 as amended by Council Directive 85/303/EEC of 10 June 1985 - whether the directive allows the member state of destination to treat the transfer as a transaction that is subject to capital duty - Case C‑178/05 Commission v Greece.
  • Hungary's corporate taxation system will be reviewed and simplified next year. The country's finance minister said that this will include cuts in some business taxes
  • The heat about the tax affairs of private equity houses has spread from the UK to the US
  • Sixth Directive – VAT – Concept of transactions consisting in ‘the negotiation of credit’.
  • The UK tax authorities published two consultation documents on June 20 looking for the views of taxpayers and practitioners on a system of advance rulings and clearances and a new approach to dealing with transfer pricing enquiries
  • Italy's prime minister Romano Prodi has said that projected tax cuts will be withheld until tax evasion is slashed
  • Article 4 of the Sixth VAT Directive – Notion of economic activity carried out independently – Employee of a company who is also sole shareholder and sole director.
  • Thirteenth VAT Directive – Article 2(2) – GATS – Most-favoured-nation clause – Interpretation of secondary Community law in the light of international agreements concluded by the Community.
  • Failure of a member state to fulfil obligations – Directive 83/182/EEC – Temporary import of means of transport – Tax exemptions – Normal residence in a member state.