Chris Morgan summarises the decision of the Supreme Court in India in the Vodafone case, plus the US update, the application of the Canadian GAAR in Copthorne v The Queen, new tax measures in France and tax reform proposals in Japan.
The tax information exchange agreement between the UK and the Netherlands in respect of Aruba, signed in November 2010, entered into force on 1 January 2012.
‘NEW DELHI: In a major victory to Vodafone International Holdings, the Supreme Court on Friday set aside the Bombay high court judgement asking the company to pay income tax of Rs 11,000 crore, holding that tax authorities do not have jurisdiction on an overseas transaction.
Whether doctor resident in UK
Jeffrey Owens summarises some of the key challenges facing the OECD tax team.
HMRC figures show that significant progress has been made in resolving transfer pricing issues with companies since a new approach was adopted in 2008, the department announced.
The UK/Dominica tax information exchange agreement signed in March 2010 entered into force on 23 December 2011.