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  • ib-olavhemneshans.jpg
    Summing up 2006 Supreme Court tax cases
    Hans Olav Hemnes Hanne Skaarberg Holen The Supreme Court delivered judgement in more than 20 tax cases in 2006. The lot comprised a good spread in different areas, including income/corporate tax, inheritance tax, property tax, VAT, formal assessment issues as well as penalty taxes.
    February 01 2007
  • butani.jpg
    India makes landmark offshore ruling
    The Indian Supreme Court has said that the offshore supply of goods and services by foreign companies cannot be taxed in the same way as if they came from an Indian firm.
    February 01 2007
  • Denmark cuts corporate tax to 22%
    The six percentage point fall from 28% was announced on January 26.
    January 30 2007
  • 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
  • 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
  • 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
  • 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
  • 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
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