The Financial Times reported on 1 October that India’s tax authorities have frozen Nokia’s assets in the country following a $321m (or approximately 20bn rupees) dispute ‘relating to income tax payments for mobile phone software licences, provided to [Nokia’s] Indian subsidiary by its pa
HMRC has published two sets of draft guidance on the disclosure of tax avoidance schemes (DOTAS) regime for information and comment.
Roy Millman and Tom Duffy examine the challenges facing the in-house tax function and its relationship with the rest of the company.
Jackie Wheaton considers the tax consequences of a company which is resident in more than one country.
In the light of the recent statement by the Tax Justice Network, William Underhill considers whether directors have a fiduciary duty to minimise tax.
HM Treasury is consulting on the transposition into UK law of the requirement for financial institutions to disclose detailed information about their business on a country-by-country basis from July 2014.
Avoidance scheme: definition of ‘securities’
William Arrenberg and Michael Alliston examine the tax implications of the different ways of effecting public takeovers and mergers.
Brass Tax, BKL Tax, discusses a surprising decision on tax and pre-incorporation contracts
Adobe, the US technology company famous for the PDF file and creating software that has revolutionised desktop publishing and the creative industries, was highlighted in the Financial Times (12 September 2013) for using companies registered in Ireland to reduce its tax bills.