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  • Japan officials argue over tax cuts
    Government officials are divided over plans to eliminate capital gains and dividend income tax breaks. But parliament appears to have resolved arguments over plans to cut the corporate income tax rate.
    December 04 2006
  • Venezuela closes in on oil and gas industry
    In an unprecedented move, the Venezuelan tax authority (the SENIAT) has issued Royal Dutch Shell with a $17.4 million tax bill following a detailed transfer pricing assessment.
    December 04 2006
  • Hogan & Hartson start Moscow tax practice
    The US law firm has recruited Ilya Rybalkin, previously a partner at Nörr Stiefenhofer Lutz, to set up the group.
    December 04 2006
  • EU wants to abolish capital duty
    The European Commission has recommended phasing out the levy by 2010 to encourage economic development. The levy, which is charged on capital contributions and restructuring, exists in seven member states: Greece, Spain, Cyprus, Luxembourg, Austria, Poland and Portugal.
    December 04 2006
  • Electronic tax returns mean more expense
    Complying with electronic filing rules in the US meant more investment in staff and technology, a survey of tax executives has found.
    December 04 2006
  • Reform ideas disappoint
    Paul Dunne and Jacqueline Seggie of KPMG reveal that many of the proposals in the government's Business Tax Review discussion document seem more about ''business as usual'' rather than real reform
    December 01 2006
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    Momentum builds for common base
    Peter Cussons, Juergen Luedicke and Friedrich Roedler of PricewaterhouseCoopers, look at how a common consolidated corporation tax base across Europe might affect business
    December 01 2006
  • IRS reforms credit system
    The tax expense allowance for disbursements made to construct and improve public roads The Chilean IRS issued circular letter no 49/2006, regulating the tax treatment of the contributions made by the private sector to the construction or improvement of public roads.
    December 01 2006
  • European Court fails to clarify the issues in FII and ACT verdicts
    Tax professionals say diplomacy led the European Court of Justice (ECJ) to give incorrect and convoluted verdicts in the franked investment income (FII) and advance corporation tax (ACT) group litigation cases.
    December 01 2006
  • lee-sarah.jpg
    UK Pre-Budget Report kills effect of Deutsche win
    The UK chancellor's Pre-Budget Report (PBR) has reversed some of the implications of Deutsche Morgan Grenfell's (DMG) victory against the UK authorities, which entitled companies to compensation for corporation tax overpayment.
    December 01 2006
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