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  • US corporates welcome new international tax rules
    US multinationals and their tax advisers strongly support the overhaul of international tax rules, which is contained in bills which the US Senate and House of Representatives have passed in recent weeks
    July 10 2004
  • US and China negotiate end to semiconductor row
    The US and China have ended their four-month dispute at the WTO over what the US alleged was China’s illegal support, through its tax system, of its indigenous semiconductor makers
    July 10 2004
  • China piles pressure on foreign companies
    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
    July 10 2004
  • Russia proposes corporate tax changes
    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.
    July 10 2004
  • GE’s India tax chief optimistic about tax system
    Rupak Saha, country tax leader at GE in New Delhi, has delivered a positive verdict on the future of the Indian tax system in an interview with International Tax Review
    July 10 2004
  • Tax client launches negligence claim against Haarmann Hemmelrath & Partner
    Haarmann Hemmelrath & Partner is facing a multi-million euro claim relating to the firm's advice on a disposal by Werhahn Group's Markische-Bau Union (MBU). Werhahn Group alleges that Haarman Hemmelrath, which has vowed to contest the claim, wrongly advised the company over the tax liability on MBU's sale of AKB Bank, a transaction that was liable to tax after changes in regulations.
    July 10 2004
  • rudnicki-fins04.jpg
    Spotlight on South Africa
    By Michael Rudnicki and Jenny Alence (South Africa)
    July 07 2004
  • mcgrath-fins04.jpg
    UK pension funds: accessing the benefits of the UK/US treaty
    By Ted McGrath (Ireland), Alistair Nash (UK) and Rudiger Jung (Luxembourg)
    July 07 2004
  • Introduction
    KPMG is delighted to sponsor the 2004 Financial Services Industry Guide
    July 07 2004
  • vonbergen-fins04.jpg
    Tax risk - the final piece of the jigsaw
    By Hugh von Bergen and Jane McCormick (UK)
    July 07 2004
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