ITR Search | International Tax Review

Profit shifting costs countries $500 billion a year, TJN reveals

New figures published by the Tax Justice Network (TJN) yesterday aim to shine a light on the true scale of how much countries lose to profit shifting.

March 23 2017

Brexit: Knowing the unknowns for taxation

Dealing with the known unknowns is all any business can seek to do in the uncertain environment, whether it stems from the US or the UK. Cormac Kelleher, international tax partner at Mazars in Dublin discusses the plethora of unknowns and how companies can navigate through it all.

March 23 2017

Indonesia’s road to 2018 and the AEOI

Indonesia's plans to exchange tax information with tax authorities worldwide from September 2018 could push taxpayers to repatriate their assets.

March 23 2017

Bridging the digital gap: How tax fits into cryptocurrencies and blockchain development

The world is on the cusp of a major tax revolution as cryptocurrencies and online distributed ledger technologies, such as blockchain, push financial systems from the physical world to online. Amelia Schwanke speaks to the experts in a roundtable discussion about the tax implications and usage of digital currencies and blockchain.

Amelia Schwanke, March 23 2017

Chile: Tax consequences on international mergers

International mergers have been a topic of discussion in the tax arena lately. Astrid Schudeck and Francisca Peña of PwC Chile examine whether or not they may be done without any Chilean tax consequences.

March 23 2017

Sugar tax: The winners and losers

Countries worldwide have followed Mexico’s lead to tax sugar-sweetened drinks in an effort to curb obesity and unhealthy habits, but these measures are coming at a cost to manufacturers and may not be as profitable for governments as they suggest.

Anjana Haines, March 23 2017

European Union: EU targets 92 non-EU jurisdictions as potential tax havens

Bob van der Made EU member states sent a letter on February 1 2017 to 92 jurisdictions outside the European Union, informing them that they will be "screened" with a view to possible inclusion in a future EU "blacklist" of tax havens. According to the EU's tax policy calendar, the common EU blacklist should be ready by the end of 2017, which, given the task, seems quite ambitious.

March 23 2017

Canada: Canadian government reaffirms commitment to combatting domestic and offshore tax avoidance and evasion

Kathleen Penny Shavone Bazarkewich On February 22 2017, the Canadian government responded to the recommendations made in the sixth report of the Standing Committee on Finance entitled: The Canada Revenue Agency, Tax Avoidance and Tax Evasion: Recommended Actions (standing committee report). The response generally supported all 14 recommendations of the standing committee report and reaffirmed the government's commitment to cracking down on tax evasion and perceived "aggressive tax avoidance".

March 23 2017

Luxembourg: Income threshold for non-residents to gain residency benefits to be put to the test

Pierre Jean Estagerie Vincent Reynvoet A decision issued by the Court of Justice of the European Union (CJEU) on February 9 2017 ("X" case) indicates that the rules for a non-resident working in Luxembourg to be treated as a tax resident could be subject to change.

March 23 2017

Brazil’s tax authority provides clarity on business tax matters

The Brazilian tax authorities (RFB, under its Portuguese acronym) issued Normative Instructions (NIs) and a tax ruling in recent months that will help companies operating cross-border to understand the authorities' position.

March 23 2017

Search results for