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While this month’s interim Budget in India was merely a vote-on-account and went largely unheralded in the corporate tax world, Finance Minister Palaniappan Chidambaram did make pledges regarding the Direct Taxes Code (DTC) and goods and services taxation (GST).

The US tax reform discussion draft from Dave Camp, chairman of the House Ways and Means Committee, achieves two key goals for business, says John Engler, the leader of one of America’s most influential employers’ organisations: a corporate tax rate of 25% and a modern tax system.

Tax departments around the world are facing growing demands to do more with fewer resources. Joel Walters, inbound tax leader for PwC US, explores how in-house teams can successfully navigate the new corporate tax landscape in light of increased scrutiny on tax planning processes, reporting requirements and compliance initiatives.

The landmark judgement by the Delhi High Court (DHC) in the eFunds case offers clear guidance for what constitutes permanent establishment (PE) in India.

The third US Internal Revenue Service (IRS) directive on Information Document Requests (IDR) since June last year has tried to clarify details of the new issuance and enforcement process. Professionals are still worried, however, that it will not deliver the audit efficiencies that the tax authorities want.

Reform of the US tax system is still a long way off judging by the differences between the proposals in the 2015 Budget which President Obama released this week and the plan of Dave Camp, the House Ways and Means Committee chairman, which came out a week earlier.

If one country has been a trailblazer in using the tax system to attract investment, it is Switzerland. But against a backdrop of international reforms and pan-European harmonisation, the scope for challenge of national regimes is increasing. Compliance initiatives such as the US FATCA, and the way it has been imposed on financial institutions and tax authorities around the world, highlight that outliers will no longer be tolerated. With this in mind, the 3rd edition of ITR's Swiss Focus brings you the latest domestic developments and analysis of how multilateral reforms are impacting taxpayers in Switzerland.

Taxpayers can now rely on contractual analysis for determining VAT accountability, after the UK Supreme Court overturned the Court of Appeal’s decision in the Secret Hotels 2 (SH2) case.

Leading transfer pricing advisers from KPMG in Australia, China, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, New Zealand, the Philippines, Singapore, Taiwan, Thailand and Vietnam bring you insights and advice from across the region.

Taxpayers should use the newly-issued US transfer pricing audit roadmap for IRS employees to prepare adequately for an examination, explains Sullivan & Cromwell