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  • Australia announces plan to tackle "dodgy" tax schemes
    Australia will intensify its crack down of "dodgy" tax schemes that remain a concern during the economic downturn, the country's tax commissioner has said.
    August 05 2009
  • TEI announces new president
    Neil Traubenberg, vice president of corporate tax for Sun Microsystems, has been elected president of the Tax Executives Institute (TEI), effective from August 11. The TEI is an association of in-house tax professionals and has 7,000 members working for 3,200 of the world's leading companies.
    August 09 2009
  • South Africa confirms new tax commissioner
    Oupa Magashula has been appointed the new South African revenue service commissioner. He had been the acting SARS commissioner since May 12 when Pravin Gordhan was appointed as South Africa's new minister of finance.
    August 06 2009
  • IRS defeats Textron over tax accrual work papers
    By a 3-2 majority, the US Court of Appeals for the First Circuit ruled on Thursday that the Internal Revenue Service (IRS) can see tax accrual work papers prepared by Textron, an aerospace and defence company, to back up calculations made for its audited financial statements
    August 13 2009
  • BVI and Caymans reach OECD white list
    The OECD has confirmed that the British Virgin Islands (BVI)and the Cayman Islands are now on the so-called white list of jurisdictions that have substantially implemented the internationally agreed tax standard
    August 13 2009
  • Shulman takes OECD tax administration role
    The commissioner of the Internal Revenue Service in the US will become the new chairman of the OECD's Forum on Tax Administration (FTA) on August 18
    August 13 2009
  • Green taxes must be "transparent" and "unambiguous", ACCA says
    Green taxes need to be transparent and unambiguous so businesses understand what benefits will result from the potential pain caused, a professional accountancy body has said.
    August 24 2009
  • Korea to cancel tax incentives for big businesses
    Korea is to repeal some of the tax measures introduced as part of its 2008 fiscal stimulus package, including scaling back tax incentives for large businesses.
    August 24 2009
  • EU outlines plans to combat VAT fraud
    The European Commission has outlined plans to extend and reinforce the legal framework for the exchange of information between tax authorities, in an attempt to combat cross-border VAT fraud.
    August 24 2009
  • Australia to remove withholding tax from federal debt securities
    Australia has announced plans to remove interest withholding tax on commonwealth government securities in a bid to make them more attractive to global investors.
    August 24 2009
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