ITR Search | International Tax Review

UK snap election triggers tax dodging debate

Political parties in the UK are preparing their manifestos for the June 8 snap election, and voters demand to see an end to corporate tax dodging. Should companies expect changes?

Lena Angvik, May 04 2017

Chile PwC Felipe Dominguez Gonzalo Schmidt

Sponsored by PwC Chile

The catalogue of avoidance

Chile’s tax reform, within its latest and more important updates, incorporated a general anti-avoidance regulation through which it established that the tax obligations can be enforced according to the legal nature of the facts, acts, or business, without attending to their form, denomination or to the defects that could affect them.

May 04 2017

Brazil: Levy of WHT on the remuneration of the license covering the right to sell and distribute software

The Brazilian Federal Revenue Service reviews its understanding regarding the levy of the withholding income tax (WHT) on the remuneration of the license of the right to sell and distribute software.

May 04 2017

Macron calms Frexit fears

Both of the candidates in France’s upcoming election are talking about tax cuts – but while Emmanuel Macron would slash France’s corporate tax rate, his opponent, Marine Le Pen, would cut the rate for smaller businesses, and increase taxation of companies which hire foreign workers.

May 03 2017

Formula One’s income taxable in India, rules Supreme Court

India’s Supreme Court has ruled that Formula One has a permanent establishment in India in a big victory for the country’s income tax department.

Lena Angvik, May 02 2017

Brazilian rules on country-by-country reporting

In line with the commitments agreed by Brazil under the BEPS Project, the Brazilian Federal Revenue Service introduced a new statutory requirement for certain Brazilian-based entities, which are part of multinational enterprise (MNE) groups to submit an annual country-by-country (CbC) report, containing information regarding their profits, taxes and other indicators of economic activities.

Joe Stanley-Smith, May 02 2017

International updates - May 2017

The latest international updates from our correspondents around the world.

April 28 2017

Chevron’s landmark loss against ATO sets a precedent

The Australian Tax Office (ATO) will go after other multinationals that it believes to be guilty of tax avoidance after winning a landmark transfer pricing case against global oil and energy company Chevron over shifting profits to the US.

Anjana Haines, April 28 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, April 27 2017

Trump’s tax plan leaves many questions unanswered

Secretary of the Treasury Steven Mnuchin and other members of his team unveiled a broad set of goals and “core principles” for US tax reform, but skirted around several questions that would have provided more detail and clarity.

Anjana Haines, April 27 2017

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