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  • Indian industry campaigns for infrastructure incentives
    The withdrawal of infrastructure tax breaks, as proposed in the budget, would lead to companies pulling investment, according to a Federation of Indian Chambers of Commerce and Industry survey.
    March 21 2006
  • New London tax head at Clifford Chance
    Nick Sherwin will be the head of Clifford Chance's tax, pensions and employment group in London from April 1. Sherwin has been a partner of the firm since 1993 and was previously head of the pensions group.
    March 21 2006
  • UK taxation institute calls for end to ad-hoc law-making
    The Chartered Institute of Taxation said it wants more legislation and less guidance from HMRC in a paper called Tax Reform Commission Evidence.
    March 21 2006
  • China's 5-year domestic tax revenue tops $96 billion
    Tax revenue collected from Chinese domestic companies was almost eight times the amount collected between 1996 and 2000, the State Administration of Taxation announced on March 13.
    March 21 2006
  • De Danske Bilimportører v Skatteministeriet
    Sixth VAT Directive – Article 11(A) – Taxable amount – Motor vehicle registration duty.
    March 16 2006
  • Fidium Finanz AG v Bundesanstalt fur Finanzdienstleistungsaufsicht
    Free movement of capital – Freedom to provide services – Grant of credit by an undertaking having its registered office in a third country to residents of a member state – Requirement of prior authorisation in the member state in which the service is provided – Abuse.
    March 16 2006
  • New Zealand taxation bill reported back to Parliament
    The bill, which Parliament received on March 13, covers depreciation, payment dates alignment, fringe benefits tax and miscellaneous provisions. It is thought that Parliament will pass the bill before April 1 as this is the date when many of the bill's provisions become law.
    March 14 2006
  • UK big business tax costs are double corporate rate
    A PricewaterhouseCoopers survey of most of the UK's top 100 companies has found that corporate tax payments account for only half of their £18 billion ($31.2 billion) tax bill. The rest is made up of other business tax payments, of which national insurance contributions, local business rates and irrecoverable VAT are the most costly.
    March 14 2006
  • Ireland and Netherlands most competitive
    Ireland and the Netherlands were the runaway winners in a KPMG-conducted survey of tax competitiveness. KPMG polled senior tax executives from 50 large UK companies.
    March 14 2006
  • Banca Popolare di Cremona v Agenzia Entrate Ufficio Cremona
    VAT – Internal taxation – Regional tax on production.
    March 14 2006
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