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INTERNATIONAL TAXES


The Protocol to the UK/Oman double taxation agreement entered into force on 9 January 2011, HMRC announced.

Paul Smith reviews European holding company jurisdictions

Multinational companies have paid 86% of all UK corporation tax over the last ten years but the largest 100 companies generally pay less tax than other companies as a percentage of earnings before interest and tax, according to a report published by the Oxford University Centre for Business Taxat

Simon Whitehead examines where the various issues of EU and English law are heading in the FII litigation

Allan Cinnamon and Nick Udal identify the key tax considerations in light of the recent acceleration of Hong Kong’s tax treaty programme

Britain’s largest companies paid £5.9 billion in corporation tax, 16.7% of all corporation tax receipts in the year to 31 March 2010, according to a survey conducted by PwC’s Total Tax Contribution team for the Hundred Group of finance directors.

Businesses should consider engaging ‘more forthrightly’ in the tax avoidance debate to address ‘some of the myths and confusion that exist’, David Gauke said today.

HMRC have invited comments on draft amendments to Offshore Funds (Tax) Regulations, SI 2009/3001.

A proposed change to the provision for equalisation was announced last December.

A leading Reuters editor told the BBC’s Newsnight earlier this week that only international co-operation will help prevent large multinationals using tax havens to undermine the tax base of national governments, after campaigners slammed a proposed exemption for profits of forei

The European Commission has launched a consultation on a set of policy options including a financial transactions tax and a financial activities tax.

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