International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2026

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Search results for

There are 33,184 results that match your search.33,184 results
  • Overseas investment in New Zealand’s burgeoning biotech sector could be boosted by a tax change aimed at helping the country compete with Australia for venture capital
  • On October 13 2003 President Fox issued a decree (the New Decree) that reformed the previous Decree for the Promotion and Operation of the Maquiladora Export Industry (the Decree) issued in 1998
  • The tax shelter opinion standards that the US Treasury and the IRS first proposed at the end of 2003 in proposed changes to Circular 230 will be finalized soon, according to a Treasury official. There have been concerns that ordinary tax planning would trigger the rules. But Eric Solomon, Treasury deputy assistant secretary (regulatory affairs) said the comments on the proposals submitted by tax advisers would be incorporated in the new regulations.
  • A survey by KPMG has found that global corporate tax rates continued to fall in most parts of the world. The 2004 survey found that the average rate for the members of the thirty OECD nations (Organisation for Economic Cooperation and Development) fell from 30.68% in 2003 to 29.96% in 2004.
  • The Norwegian government unveiled tax reform proposals on March 26 2004. The reforms would make inter-company dividends and inter-company capital gains on shares tax-free, and corresponding losses would be non-deductible. To prevent a tax-motivated realization of losses, that part of the reform would come into force from the day the proposal was presented. The rest of the reform would be phased in over the years 2005 to 2007.
  • Vodafone is resisting attempts by UK Customs and Excise to recover millions in value-added tax that the tax authority says is payable on sales of pre-paid phone cards. The dispute is the first concrete evidence of plans to crack down on tax avoidance that the chancellor of the exchequer Gordon Brown unveiled in his March 17 2004 Budget speech.
  • Testifying before a subcommittee of the House Committee on Ways and Means on March 30 2004, the American Bar Association (ABA) has urged Congress to simplify US tax laws. Richard Shaw, head of the ABA's section of taxation, said that simplification is crucial to a tax system that is fair and can be administered efficiently.
  • Both Japan and the EU have supported the US complaint to the World Trade Organization over China's value added tax (VAT) policy to domestic semiconductor manufacturers. The complaint, made on March 18 2004, centres on an effective VAT rate of just 3% for Chinese semiconductor manufacturers compared to a 17% rate for all foreign equivalents.
  • Any company considering the adoption of international financial reporting standards (IFRS) will need to consider the tax implications of such a move. In the UK, the main tax area likely to be affected is financial instruments
  • The president of Slovakia, Rudolf Shuster, has refused to sign the value added tax (VAT) law agreed by parliament ahead of the country’s accession to the EU on May 1 2004