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  • Only the tax departments that stay informed, collaborate in IT decision-making, and focus on the business issues will benefit from the technological change that service-oriented architecture is bringing, says Vertex
  • As if they were not aware already, taxpayers have been told that courts in the EU will come down hard on tax planning that does not have a business objective.
  • The UK House of Lords decided that the compensation that a UK subsidiary of Pirelli, an Italian company, received for the advance corporation tax it paid on dividends paid to its parent should take into account the amount of tax credits received under the UK-Italy double tax treaty.
  • By Katie Lahey, chief executive, Business Council of Australia
  • Another principal of LECG, an economics consultancy, in London has left for Baker & McKenzie in the same city. Martin Zetter becomes a senior consultant in the transfer pricing group.
  • Caitriona McGonagle has been promoted to the partnership at Matheson Ormsby Prentice, an Irish law firm. She is based in New York, where she focuses on M&A, reorganizations and the structuring of domestic and international corporate acquisitions.
  • The South African government announced plans for an advanced ruling system and legislation on a general anti-avoidance rule in its budget on February 15
  • Mark Fidelman has joined Ballentine Barbera to open its New York office, where he will be lead partner and principal. He was previously a senior manager in KPMG's New York office.
  • The Russian transfer pricing rules, which were introduced in 1999, are mainly contained in articles 20 ("related parties") and 40 ("principles of determining prices of goods [work, services] for tax purposes"). of the Russian Tax Code.