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There are 33,160 results that match your search.33,160 results
  • UK budget closes offshore loophole
    The UK has closed a tax avoidance loophole in its Controlled Foreign Companies (CFC) rules. Previously banks, insurance companies and other financial concerns have been able to buy shares in a foreign subsidiary, receive tax free dividends in return and subsequently sell the shares back to the foreign company for a nominal sum. The loophole was closed in the budget announced by Chancellor Gordon Brown on March 6.
    March 09 2001
  • Metallgesellschaft Ltd and Others, Hoechst AG, Hoechst UK Ltd and Commissioners of Inland Revenue, HM Attorney General
    Freedom of establishment – Free movement of capital – Advance payment of corporation tax on profits distributed by a subsidiary to its parent company – Parent company having its seat in another member state – Breach of Community law – Action for restitution or action for damages – Interest.
    March 08 2001
  • Arthur Andersen to rebrand
    Professional services firm Arthur Andersen has changed its name to Andersen. The rebranding is effective immediately.
    March 08 2001
  • US cracks down on illegal offshore trusts
    The US Internal Revenue Service has launched a crackdown on illegal offshore trusts.
    March 08 2001
  • India reveals transfer pricing rules
    India has introduced detailed transfer pricing laws for the first time. Multinational companies must now ensure transactions with subsidiaries in India are conducted as if they were deals between unconnected companies with the price of goods determined by market forces alone
    March 08 2001
  • KPMG loses M&A tax specialist to UK rival
    UK firm DLA has hired Jasmine Shah as a corporate tax partner from professional services firm KPMG. Shah worked in the M&A tax practice at her former employer, and her experience includes M&A work, de-mergers, share buybacks, and flotations. Shah trained at Clifford Chance and worked in the UK firm's tax group for eight years before moving to KPMG.
    March 07 2001
  • Belgium to push for Eurozone tax harmony
    Belgian finance minister Didier Reynders has said he will push for tax harmonization in the Eurozone when Belgium takes on the EU presidency in July this year. He was speaking at a conference last week on preparations for the introduction of Euro notes and coins. Reynders is well known as a strong supporter of the single currency and of closer political cooperation in Europe.
    March 06 2001
  • Cibo Participations SA v Directeur régional des impôts du Nord-Pas-de-Calais
    Sixth VAT Directive – Deduction of input tax – Holding company – Involvement in the management of subsidiaries – Dividends – Costs incurred in acquiring shares.
    March 06 2001
  • New LatAm tax head joins Baker & McKenzie
    Energy and natural resources specialist Juan Pablo Godoy will join Baker & McKenzie later this month to head the firm's tax practice in Colombia, after a spell as the legal chief of a pipeline consortium
    March 04 2001
  • Indian mutual funds cheer tax cuts
    India's mutual fund industry is to benefit from government plans to slash the 20% dividend tax to 10%, along with a 1.5% cut in small saving rates. Mutual funds expect the tax cuts to lead to an increase in money flowing into the industry.
    March 04 2001
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