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  • Sponsored by Deloitte Mexico
    Mexico’s First Circuit Court has recently ruled against a taxpayer in a case involving two transfer pricing adjustments that will make it tougher for companies to comply with their domestic tax obligations on time.
  • The UK is mulling a digital revenue levy that marks a significant departure from the arm’s length principle and risks income tax relief in line with double tax treaties.
  • Tax is evolving at an ever-quicker pace. With BEPS action points being legislated into domestic law, treaty actions for the Multilateral Instrument (MLI), the introduction of the US Tax Cuts and Jobs Act from December 2017, trade/tariff initiatives and business complexity, is it time to create a formal high-level organisational role of chief strategic officer?
  • Luxembourg hopes the new VAT grouping regime will help the financial sector get over the loss of IGP Luxembourg's VAT grouping regime will help soften the blow of losing the independent group of persons (IGP) option for some financial companies, but one VAT manager at a financial services company says the new rules are useless.
  • Glenn Price, head of international tax at Vodafone, talks to Josh White about the risks taxpayers face in an increasingly uncertain world.
  • A tax dispute can cost a business its profitability and its reputation Around $75.3 billion of Fortune 500 capital is under dispute with tax authorities, and almost two thirds of tax directors expect the lack of consensus on value creation to push this figure even higher.
  • Joe Stanley-Smith sits down with Walter Hellerstein, the leading US academic on state and local taxation, to talk about Wayfair chaos, the US and EU’s shared indirect tax maladies and why so much intellectual effort is wasted on corporate taxation.
  • At a series of International Fiscal Association (IFA) roundtables, most recently in May 2018, the Canada Revenue Agency (CRA) commented on the classification of certain foreign entities for Canadian tax purposes. These statements have created some uncertainty as to how Canada will treat foreign entities styled as 'partnerships'.
  • Turkish tax law has been changed to include measures to protect the Turkish lira's value and a recent tax amnesty for the repatriation of foreign assets.
  • Editor Joe Stanley-Smith introduces the October issue of the International Tax Review magazine.