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International Tax »

Wyden Pushes US Tax Reform As Inversion Activity Slows

Senate Finance Committee Chairman Ron Wyden has indicated that, as companies appear to be reconsidering inversions following the administrative measures put forward by the Treasury Department last month, he is focused on reforming the US tax code, rather than pressing for immediate anti-inversion legislation. Continue Reading »

International Law »

Romania Warned By EU On Taxation Of Foreign Companies

The European Commission has asked Romania to stop the discriminatory tax treatment of foreign legal entities. Continue Reading »


Politics & Economics »

Italian Cabinet Approves 2015 Tax Cuts

The Italian Cabinet approved on October 15, 2014, the Government's Budget for 2015, which contains EUR18bn (USD23bn) in tax cuts. Continue Reading »

Offshore »

ATO Commissioner Urges Int'l Collaboration On BEPS

An unprecedented international collaboration is needed to replace a single, isolated country view with a global view to tackling base erosion and profit shifting, Andrew Mills, Second Commissioner, Australian Taxation Office's Law Design and Practice, has said. Continue Reading »


Business »

British Firms Call For Improved Research Tax Incentives

The Confederation of British Industry has urged the UK to "supercharge" its research and development tax credit regime. Continue Reading »

E-Commerce »

Short-term Extension For US Internet Tax Moratorium

The United States House of Representatives and the Senate have agreed a short-term extension to the Internet Tax Freedom Act until December 11, 2014. Continue Reading »


Aviation »

Taiwanese Special Scheme For Foreign Firms Time Limited

The Ministry of Finance has reminded foreign companies engaged in certain industries in Taiwan that there is a time limit on the availability of the percentage expenses deduction allowed under Article 25 of the country's Income Tax Act. Continue Reading »

Marine »

Canada, South Korea Sign Landmark Free Trade Deal

Nine years after negotiations began, Canada and South Korea have signed a free trade agreement that will eliminate duties on nearly all tariff lines. Continue Reading »

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