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International Tax »

Cairn Energy Provides Update On India Tax Dispute

In the latest salvo between Indian authorities and the Cairn Energy Group in the dispute concerning the controversial 2012 retrospective amendment to Indian tax law, Cairn has disclosed that the Indian Government has laid claim to a USD53m dividend payment that it considers the group is owed from its India-based subsidiary, Cairn India Limited. Continue Reading »

International Law »

OECD Issues Further Action 7, Action 8-10 BEPS Guidance

The OECD has released for stakeholders' comments two new discussion drafts as part of its base erosion and profit shifting work. Continue Reading »


Politics & Economics »

Turnbull Comments On South Australia's Bank Tax Plan

Australia's federal Prime Minister, Malcolm Turnbull, has questioned whether the introduction of a new bank levy in the state of South Australia will harm the state's competitiveness. Continue Reading »

Offshore »

Irish Revenue Brings In New Anti-Evasion Staff

The Irish Revenue has this year recruited more than 100 additional staff to undertake audit and compliance activities. Continue Reading »


Business »

IMF Urges Ireland To Adopt Cautious Fiscal Approach

The International Monetary Fund has called on the Irish Government to broaden the tax base and build fiscal buffers from any higher-than-expected revenue receipts. Continue Reading »

E-Commerce »

Google Not Liable For French Back Tax, Says Court Adviser

An adviser to an administrative court in France has said that Google is not liable for EUR1.1bn (USD1.2bn) in back taxes because the company lacks sufficient presence in the country. Continue Reading »


Aviation »

UK May Lower Air Duty On Northern Ireland Flights

The UK Conservative Party has agreed to consider reducing the rate of Air Passenger Duty for airports in Northern Ireland after agreeing a coalition government with the Northern Ireland's Democratic Unionist Party party. Continue Reading »

Marine »

Hong Kong Seeking To Improve Insurance Tax Incentives

The Financial Services Development Council released a report on March 3 on the policies, including tax measures, Hong Kong could adopt to improve its position as an insurance hub, especially in reinsurance, marine insurance, and captives. Continue Reading »

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