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  • The European Court of Justice (ECJ) ruled on July 15 2004 in favour of the taxpayer in two cases that could have broad implications for EU companies’ tax strategies
  • Failure of a member state to fulfil obligations – Directive 77/388/EC – VAT – Article 11(A)(1)(a) – Taxable amount – Subsidy directly linked to the price – Regulation (EC) No 603/95 – Aid granted in the dried fodder sector.
  • Articles 4(c) CS and 67 CS – Commission Decision No 2496/96/ECSC – Export aid for steel undertakings – Observance of a reasonable period – Tax deduction – Duty to state reasons – Selective nature – General measure.
  • Failure of a member state to fulfil obligations – Indirect taxes – Directive 69/335/EEC – Raising of capital – Tax on stock exchange transactions – Tax on the delivery of bearer securities.
  • Failure of a member state to fulfil obligations – Directive 77/388/EEC – VAT – Article 11(A)(1)(a) – Taxable amount – Subsidy directly linked to the price – Regulation (EC) No 603/95 – Aid granted in the dried fodder sector.
  • Sixth VAT Directive – Article 25 – Common flat-rate scheme for farmers – Leasing of part of a farm.
  • Failure of a member state to fulfil obligations – Directive 77/388/EEC – VAT – Article 11(A)(1)(a) – Taxable amount – Subsidy directly linked to the price – Regulation (EC) No 603/95 – Aid granted in the dried fodder sector.
  • Failure of a member state to fulfil its obligations – Directive 77/388/EEC – VAT – Article 11(A)(1)(a) – Taxable amount – Subsidy directly linked to the price – Regulation (EC) No 603/95 – Aid granted in the dried fodder sector.
  • Tax officials in China have been stepping up efforts to combat tax evasion by foreign-invested companies that is estimated to cost the country Rmb30 billion ($3.62 billion) in lost revenue every year
  • The Russian Taxes and Levies Ministry has announced proposed changes to the corporate tax system. The modifications to Tax Code chapter 25 are intended to improve corporate income tax procedures in Russia and would include approximating accounting and tax reporting, modifying the procedure of determining the tax base, and simplifying corporate income tax administration.