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  • Toronto
  • In a decision dated November 3 2003 (Conseil d'Etat, 244437, SARL Meridia France), the French Administrative Supreme Court had to decide whether the interest paid by a French company to a partner domiciled abroad as current account remuneration may benefit from the withholding tax exemption provided by section 131(4) of the French tax code.
  • On May 1 2004 EU accession will force 10 new countries to fall into line with EU VAT rules. Simon Briault assesses the progress being made and the impact on multinational business and the EU tax landscape
  • With only a month to go before 10 new countries join the European Union, companies are struggling to cope with EU VAT legislation and missing opportunities to take advantage of tax-enabled business opportunities.
  • Michael Hardwick: Tax ruling is part of a trend The European Court of Justice (ECJ) continues to exert a powerful influence on the domestic tax policies of EU member states after a landmark ruling on March 11 2004. The ECJ's ruling in favour of an individual French taxpayer could have wider implications for EU member states that impose company exit taxes.
  • Senator Helen Coonan, Australia's minister for revenue and assistant treasurer, announced on March 1 2004 that the government will introduce legislation to change the interest withholding tax (IWT) exemptions for payments relating to offshore borrowing.
  • By Ken Kies, Big Ticket Leasing Coalition
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