ITR Search | International Tax Review

Talking to the OECD: Tech disruption in tax administration

Peter Green, head of the Forum on Tax Administration (FTA) Secretariat at the OECD shares his views with the Inland Revenue Authority of Singapore (IRAS) and International Tax Review on how technology is changing the status quo for many industries and tax administrations with the constant emergence of new technologies and rising taxpayer expectations.

May 30 2017

China: First tax case decision by Chinese Supreme Court

China's first ever tax case opens the way for an increasing body of court case guidance and makes court appeals of tax cases an increasingly relevant option for taxpayer disputes.

May 30 2017

Indonesia: Will the amendments to the Income Tax Law simplify the rules?

Freddy Karyadi Nina Cornelia Santoso Since last year, the Indonesian government has planned to reform a number of tax policies, including an amendment to Law No. 7 of 1983 on Income Tax, which was last changed by Law No. 36 of 2008 (Income Tax Law).

May 30 2017

Norway: Proposed interest limitation rules may impact inbound investments

Daniel Herde Trond Eivind Johnsen The Norwegian Ministry of Finance (MoF) has proposed changes to the interest limitation rules applying to group companies, possibly limiting the interest deductions for MNEs' inbound investments in Norway.

May 30 2017

Italy: New revision of the Italian Transfer pricing provisions on arm’s length principle

Barbara Scampuddu Gian Luca Nieddu On April 24 2017, the Italian Government introduced two important changes affecting the definition of the arm's-length principle for transfer pricing purposes. Art. 59 of Law Decree n. 50/2017, in fact, replaced the concept of "normal value" mentioned in Art. 110 paragraph 7 of the Italian Income Tax Code (ITC), fully aligning the wording of the domestic rule with the OECD arm's-length principle.

May 30 2017

Turkey: New tax amnesty to be introduced

Duran Bülbül Turkey has introduced three different tax amnesties in the past decade. The last one was introduced within the "public debts programme" in 2016. This time, the Turkish government declared a new tax amnesty to restructure public debts in early May.

May 30 2017

Ireland: Ireland’s cooperative compliance framework

Joe Duffy Kathryn Stapleton The Irish Revenue Commissioners (Irish Revenue) has relaunched its cooperative compliance framework (CCF) for large cases division (LCD) taxpayers with effect from January 1 2017.

May 30 2017

Romania: Tax Incentives for companies performing research and development activities

Gabriel Sincu It is generally known that Romania is an important hub in the IT industry and Romanian IT specialists are appreciated worldwide. One of the reasons for this success is a tax incentive introduced by the Romanian authorities almost 15 years ago: employees involved in software programming in Romania are exempted from salary tax.

May 30 2017

The Brockman brief: Double taxation: Does it matter?

There is one topic that is seemingly silent by tax administrations, non-governmental organisations (NGOs), parliamentarians and international tax bodies: double taxation. Keith Brockman reviews the state of play and what can be done to help multinationals.

May 30 2017

UK losing billions from leaky online VAT laws

The UK is losing between £1 billion and £1.5 billion ($1.3-1.9 billion) to online VAT fraud and errors per year, a new report has said. The report comes just days after the EU said it could fine the UK €2 billion for failing to charge customs duties on the import of Chinese goods.

Joe Stanley-Smith, May 30 2017

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