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  • Companies must accommodate transparency demands, according to KPMG head
    Loughlin Hickey, head of global tax at the big four firm, said businesses faced more tax transparency because of tax competition between countries, new regulatory pressures, modernising tax administrations, and more public interest.
    January 30 2007
  • Japan to debate tax in autumn
    Koji Omi, Japan's finance minister, said that comprehensive tax reform would go ahead in 2007 following parliamentary discussions scheduled for autumn.
    January 30 2007
  • Australia explains tax to directors
    The Australian Taxation Office (ATO) has summarised important points of last year's 'Large business and tax compliance' report for board members and directors.
    January 29 2007
  • Tax evaders targeted at World Economic Forum
    Companies that pay little or no tax in the large developing economies were the focus of a panel at the World Economic Forum in Davos, Switzerland last Thursday.
    January 29 2007
  • Chile encourages foreign know how and technology
    Changes to the income tax laws in Chile will mean Chilean businesses can use foreign know how and technology at a reduced tax rate.
    January 29 2007
  • Europe aims for VAT agreement
    The EU commissioner for taxation and customs union has highlighted an agreement on a value-added tax (VAT) package (VAT), tax policy coordination and a second communication on a common consolidated corporate tax base (CCCTB) among his priorities for 2007.
    January 29 2007
  • Ernst & Young boosts Panama presence
    Luis Eduardo Ocando, former South American Transfer Pricing Leader of Ernst & Young, has relocated from Venezuela to Panama.
    January 29 2007
  • Volvo risks $200 million in back taxes
    The National Swedish Tax Board could hit Volvo Cars with a further tax bill of Kr1.4 billion ($200 million) in back taxes.
    January 23 2007
  • UK companies reveal tax bills
    The UK's biggest companies paid 26% of the government's total corporation tax take in 2006, a survey carried out on their behalf has found.
    January 23 2007
  • Malta debates Income Tax Act changes
    The Maltese parliament is now debating legislation that it tabled earlier this month to bring the country's tax system into line with European Commission requirements.
    January 23 2007
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