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  • The UK logistics and removal company NFC is selling its moving services business to the US investment firm Clayton, Dubilier & Rice. The firm will combine the business, which relocates 40,000 households every year, with its North American Van Lines company for $450 million in cash and stock.
  • The European telecommunications group Unisource has sold its French subsiduary SIRIS to Deutsche Telekom for £450 million.
  • KPMG has stunned the Mexican tax advice market by signing a cooperation agreement with tax firm Chevez, Ruiz, Zamarripa y Cia.
  • Comcast, the third-largest US cable operator, is merging with television operator Lenfest Communications (LCI) for $6.9 billion. Comcast will give 116 million shares of class A special common stock to LCI shareholders, and will take on $1.5 billion of LCI debt.
  • The debate over Mario Monti's tax package has been raging for months
  • Freedom of establishment — Payment made by a Swedish company to its subsidiary — Exemption from corporation tax.
  • Sterling profits in Paris
  • Revenue Canada has finally released its long-awaited transfer pricing circular, detailing its attitudes to legislation put in place two years ago
  • The UK has announced a crackdown on the use of island tax havens, but practitioners doubt the effectiveness of the reforms.
  • Tax measures governing share buyback, capital reduction, and share redemption transactions of Singapore resident companies were recently introduced in Singapore under the Income Tax (Amendment) Act 1999.