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triangulation News

India And Mauritius Resume Tax Talks

by Mary Swire,, Hong Kong

Monday, June 27, 2011

India and Mauritius have agreed to further discuss the double tax avoidance treaty that currently exists between the two countries, with the aim of making revisions to the agreement. Read Full Story


Indian Vodafone Tax Case Adjourned

by Mary Swire,, Hong Kong

Monday, May 16, 2011

The long-running court case involving the tax liability of Vodafone’s acquisition of an Indian mobile phone company in 2007 continues, with the Authority for Advance Ruling (AAR) adjourning the case until May 24. Read Full Story


Vodafone Dismisses Indian Tax Compromise

by Mary Swire,, Hong Kong

Wednesday, March 23, 2011

Vodafone has said that it continues to believe the company had no tax liability over the purchase of an Indian mobile phone company in 2007, despite reports that it is ready to compromise with the Indian tax authorities. Read Full Story


India To Open Eight Overseas Tax Units

by Mary Swire,, Hong Kong

Friday, March 18, 2011

The Indian Minister of State for Finance (Revenue) Shri S S Palanimanickam has announced that the government has made plans to launch eight new Income Tax Overseas Units in France, Germany, Netherlands, Cyprus, USA, UK, UAE and Japan in the next financial year. Read Full Story


Vodafone Tax Appeal In India Deferred Again

by Mary Swire,, Hong Kong

Thursday, February 10, 2011

India's Bombay High Court deferred a hearing on Vodafone’s dispute with the Indian tax office on Tuesday (February 8), and has not specified a date for a new one. Read Full Story


EU Extends Mandate of Transfer Pricing Forum

by Ulrika Lomas,, Brussels

Monday, January 31, 2011

The European Commission has decided to extend the mandate of the European Union Joint Transfer Pricing Forum until March 2015, and has also adopted a communication setting out guidelines on two technical issues related to transfer pricing taxation. Read Full Story


Argentina Catches Up On Tax Agreements

by Leroy Baker,, New York

Wednesday, November 3, 2010

The head of Argentina's Federal Administration of Public Revenue, Ricardo Echegaray has announced the signing of tax information exchange agreements with Russia, Italy and France as part of its strategy to crack down on tax evasion. Read Full Story


Senate Kills Anti-Offshoring Bill

by Mike Godfrey,, Washington

Thursday, September 30, 2010

A bill which proposed a payroll tax holiday to companies hiring American workers to replace those at a foreign-based operation whilst removing tax breaks from those companies moving operations abroad has been voted down by the Senate. Read Full Story


James Hardie To Appeal Australian Tax Ruling

by Mary Swire,, Hong Kong

Monday, September 20, 2010

James Hardie Industries has announced that RCI Pty Ltd, its wholly-owned Australian subsidiary, will appeal to the Full Federal Court of Australia against the decision of the Federal Court rejecting the appeal of an amended assessment by the Australian Taxation Office for the income tax year ended March 31 1999. Read Full Story


Vodafone Loses In Mumbai High Court

by Mary Swire,, Hong Kong

Monday, September 13, 2010

UK telecoms giant Vodafone has expressed continuing confidence that it is not liable for Indian capital gains tax from its purchase of the Indian mobile phone network Hutchison Essar in 2007 despite a setback in the Mumbai High Court. Read Full Story



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