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International Tax »

Vodafone Secures Indian Transfer Pricing Ruling

The High Court of Bombay in India has ruled in favor of UK telecom giant Vodafone in a transfer pricing dispute with the Indian tax authority worth INR85bn (USD1.3bn). Continue Reading »

International Law »

Clinton Proposes High-Frequency Trading Tax

Hillary Clinton has suggested the introduction in the United States of a financial transactions tax on high-frequency trading, which would not be as broadly-based as the tax already proposed by her opponent for the Democratic Party presidential nomination, Senator Bernie Sanders. Continue Reading »

Politics & Economics »

Russia Considers Hike In Gas Extraction Tax

Russia's Parliament is considering a draft bill to increase the mineral extraction tax on gas companies. Continue Reading »

Offshore »

Greece To Tax Overseas Property

Greece's Deputy Finance Minister, Tryfon Alexiadis, has said Greece will replace the single property tax, ENFIA, with a tax that covers overseas property. Continue Reading »

Business »

Norway's Budget Targets 'Simpler, Growth-Inducing Tax Regime'

On October 7, 2015, Norway's Ministry of Finance delivered its 2016 National Budget, including proposals to revise the thin capitalization regime and cut the corporate tax rate, among other things. Continue Reading »

E-Commerce »

Singapore, Turkey Agree Free Trade Deal

Turkey and Singapore have successfully concluded negotiations for a free trade agreement. Continue Reading »

Aviation »

Australian Report Confirms Post-Carbon Tax Savings

Australian households are saving an average of AUD550 (USD403) a year following the repeal of the carbon tax, the Australian Competition and Consumer Commission has confirmed. Continue Reading »

Marine »

New Customs System To Tackle EU Fraud

A new regulation adopted by the European Parliament and the Council will allow customs authorities to access information to track the origins and routes of cargo containers arriving in the EU to support the fight against customs fraud both at EU and national level. Continue Reading »

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