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European Tax Awards 2016

Baker & McKenzie showed the greatest strength and depth in its international tax practice throughout Europe to win the European Tax Firm of the Year award at International Tax Review’s European Tax Awards in London on May 26.

May 27 2016
European Tax and Transfer Pricing Awards 2016 – the winners' list is out!

Deloitte won the European Transfer Pricing Firm of the Year at the International Tax Review’s European Tax Awards on May 26. Baker & McKenzie won for European Tax Firm of the Year. Read on for the list of winners.

May 26 2016
Supreme Court Decision in Airtours VAT Case

The dispute between Airtours and HMRC, on the proper VAT treatment of an invoice issued by PwC to Airtours for services in providing a financial report to Airtours’ banks, has been decided in favour of HMRC.

May 26 2016
European Council issues directive promising CbCR across the EU

The European commission’s anti-tax-avoidance package has been approved and a directive issued to EU member states to implement country-by-country reporting.

Joelle Jefferis, May 26 2016
Egypt: Banks made exempt from VAT

Egyptian finance minister Amr Al-Garhi has decided to make banking services exempt from the country's new VAT.

Amelia Schwanke, May 26 2016
Australia uses Budget to introduce UK-style diverted profits tax

By 2020, Australian Treasurer Scott Morrison aims to collect AUS$3.9 billion from multinationals Australian Treasurer Scott Morrison has used Australia's 2016-2017 Budget to target MNEs again, as he aims to collect an extra A$3.9 billion ($2.9 billion) from multinationals by 2020.

May 26 2016
Deals of the month

See who has done the tax work on this month’s biggest deals

May 26 2016
Special features - June 2016

Read this month's special features on Mexico and Intangibles

May 26 2016
Spain: Crossfire in the Spanish tax authorities

Vicente Bootello José Ignacio Ripoll In recent months we have been witness to a doctrinal battle still being fought by various administrative bodies regarding the interpretation of whether or not late-payment interest should be treated as a deductible expense for corporate income tax purposes.

May 26 2016
FYR Macedonia: FYR Macedonia ratifies double tax treaty with UAE

Elena Kostovska On April 1 2016, the FYR Macedonian parliament ratified the tax treaty signed with the UAE on October 26 2015. The ratification law was published in the Official Gazette No 63 of April 1 2016.

May 26 2016

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