INTERNATIONAL TAXES

Rupert Shiers and Michael Conlon QC set out the likely areas for dispute in direct tax, indirect tax and transfer pricing for the year ahead.

Paul Radcliffe

Paul Radcliffe reports on the revised deadline to reach agreement for changes to the EU Savings Directive

The OECD reports that tax revenues ‘continue bouncing back from the low levels reported in almost all countries during 2008 and 2009, at the height of the global economic crisis, according to new OECD data in the annual Revenue Statistics publication’.

A report by the House of Lords EU Committee on Economic and Financial Affairs, published on 10 December 2013, describes the financial transaction tax (FTT) ‘alive and deadly’, saying the tax would have an adverse impact on i

Chris Morgan

Chris Morgan provides an overview of recent developments, including the CJEU decision in the FII GLO, the measures announced in the Autumn Statement to tackle tax avoidance and evasion, proposed amendments to the Parent-Subsidiary Directive and updates from France, Spain and Germany.

Mike Lane Adam Craggs David Quentin

A look back on some of this year’s key developments:

Mike Lane takes stock on the BEPS project, and what to expect;
David Quentin gives an outspoken view on how business and tax professionals responded to the tax avoidance debate in 2013;
Adam Craggs sums up some cautionary tales for advisers in the light of the BAA, Mehjoo and Cotter decisions this year.

The Financial Times reported on 11 December 2013 that Finnish mobile phone giant Nokia may be hit with a tax bill totalling $1.1bn, with the Indian revenue authorities threatening to levy further charges.

The EU’s Council of Economic and Finance Ministers (ECOFIN) met in Brussels on 10 December. One of the topics for discussion was a proposal to amend the Savings Tax Directive.