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  • The US Tax Court last Monday published proposed new rules allowing claimants to scrutinize the opinions of special trial judges in an effort to dispel its covert reputation
  • Sixth VAT directive – Deduction of input tax paid – Immovable property used in part for the business and in part for private purposes.
  • Sixth VAT Directive – Articles 2 and 27(5) – Turnover tax – Scope – Chargeable event and taxable amount – Supply of goods for consideration – Theft of goods from a tax warehouse.
  • Directive 69/335/EC – Indirect taxes on the raising of capital – Capital duty – Direct contribution by a parent company to its sub-subsidiary.
  • Free movement of capital (Articles 56 EC and 58 EC) — Tax legislation — Taxation of proceeds of sale — Repurchase by a company of its own shares — Deductibility of acquisition costs for shareholders domiciled abroad — Double taxation agreement.
  • The US president's Advisory Panel on Federal Tax Reform will discuss options for changing the Internal Revenue Code when it meets for the 10th time in public on July 20. The panel will hear no testimony at this meeting. The group's report is due on September 30. To read more click here.
  • Roger Jones, a senior US tax litigator, is set to join Latham & Watkins' Chicago office. Jones will make the switch from Mayer, Brown, Rowe & Maw, where he has practiced tax controversy work for the past 18 years. Latham & Watkins announced the move last Tuesday.
  • After pressure from businesses, the UK government has said it may scrap a controversial anti-avoidance tax measure relating to overseas subsidiaries
  • Transfer Pricing Associates, the international boutique headquartered the Netherlands, has set up operations in the US, France, Germany, Japan, Switzerland, Australasia and South Africa
  • Multinational companies with operations in India have received some welcome clarification on the country's international tax rules after a Delhi tribunal delivered a decision in a tax case involving three mobile phone operators