Archive: tax avoidance
UK Chancellor of the Exchequer requests European finance ministers to agree to automatic exchange of tax information between countries
May 17, 2013. Tags: information-exchange, tax avoidance, tax evasion, United Kingdom
In a letter of 13 May 2013 to EU finance ministers, published on 14 May 2013, the UK Chancellor of the Exchequer has requested their …
UK Government issues new rules on tax avoidance and Government contracts [TAX ALERT]
May 14, 2013. Tags: tax avoidance, United Kingdom
The Chancellor’s Budget on 20 March 2013 confirmed that, from 1 April 2013, new rules will be in place, which will require potential suppliers under …
European Commission: creates platform for Tax Good Governance
April 26, 2013. Tags: European Commission, tax avoidance, tax evasion
On 23 April 2013, the European Commission announced the setup of a platform on Tax Good Governance (the platform). This development is part of a much …
Estimates and guesstimates – mind the tax gap
April 24, 2013. Tags: tax avoidance, tax planning, tax policy
In an ideal world, tax authorities would seek to narrow the gap by targeting both evasion and avoidance. But isn’t the tax gap a guesstimate?
Canada: budget for 2013 – international taxation
March 28, 2013. Tags: budget, Canada, income tax, international tax, tax avoidance, tax evasion
The Budget for 2013 was tabled by the Minister of Finance on 22 March 2013. Details of the international taxation measures which, unless otherwise indicated, …
GAAR rising
March 27, 2013. Tags: anti-abuse, anti-avoidance, GAAR, tax administration, tax avoidance
With GAAR now being introduced in several countries around the globe, what does this mean for business?
UK’s general anti-avoidance rule process on schedule
February 7, 2013. Tags: direct tax, GAAR, tax avoidance, tax law, United Kingdom
In June 2012, the Government launched a formal consultation on a new general anti-avoidance rule (GAAR) to tackle artificial and abusive tax avoidance schemes. Learn more.
United Kingdom: settlement opportunity for Film Production Partnerships
January 30, 2013. Tags: income, tax avoidance, United Kingdom
HM Revenue & Customs (HMRC) announced previously that it will offer to individuals, companies and partnerships that have entered into specific tax avoidance schemes, the …
United States: final regulations issued to prevent tax avoidance in stock acquisitions by related corporations
January 23, 2013. Tags: capital gains, dividends, tax avoidance, United States of America
The US Treasury Department and the Internal Revenue Service (IRS) have issued final regulations (TD 9606) to prevent tax avoidance in connection with stock acquisitions …
United Kingdom: settlement opportunity for participant in tax avoidance schemes
January 16, 2013. Tags: fraud, tax avoidance, United Kingdom
On 8 January 2013, HM Revenue & Customs (HMRC) announced that it will offer to individuals, companies and partnerships that have entered into specific tax …
How to talk about a tax crisis
January 1, 2013. Tags: tax avoidance, tax controversy, tax function, tax planning, tax risk
With the media highlighting examples of perceived tax avoidance, it prompts the question of how to respond in the event of a crisis emerging. Learn more.
Spain: Ministry of Finance – initiatives to fight international tax avoidance
December 3, 2012. Tags: FATCA, international tax, Spain, tax administration, tax audit, tax avoidance
On 20 November 2012, during a meeting with journalists, the State Secretary of Finance explained the new initiatives taken by the Ministry of Finance in …
France: Third Financial Amending Law for 2012 – details
November 30, 2012. Tags: capital gains, France, income tax, tax avoidance, VAT
The Third Amending Financial Law for 2012 (Projet de loi de finances rectificative pour 2012, PLFR) was adopted by the Council of Ministers on 14 …
United States: IRS publishes quarterly list of individuals who have expatriated – Q3/2012
November 12, 2012. Tags: expatriate tax, individual tax, tax avoidance, United States of America
The US Internal Revenue Service (IRS) has published a quarterly notice with a list of US citizens and long-term US residents (green card holders) who …
Netherlands: decree to amend 2001 unilateral decree on the avoidance of double taxation pursuant to introduction of bank tax published
August 27, 2012. Tags: bank tax, double taxation, tax amendments, tax avoidance, The Netherlands
In the Official Gazette of 17 August 2012, a Decree of 11 August 2012 was published to amend the 2001 unilateral decree on the avoidance …
Developments in indirect taxes in 2012
June 28, 2012. Tags: customs and trade, excise duty, GST, indirect tax, tax avoidance, tax compliance, tax environment, VAT
Six common global trends for indirect taxes can be identified that are likely to be significant in 2012 and beyond.
Developments in indirect taxes in 2012
March 7, 2012. Tags: customs and trade, GST, indirect tax, tax avoidance, tax policy, VAT
As we have reported in the past few years, in 2012, taxes on consumption continue to be a focus for many governments.
Country-by-country reporting – latest developments from the European Commission
March 5, 2012. Tags: European Union, tax avoidance, tax controversy, tax evasion, tax policy
In summary, the intention to improve transparency by requiring increased disclosure of information is understandable, but the method proposed by the EC contains many risks.
Loading ...