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  • Richard Basuk and Stephen Giordano have become partners of Hogan Lovells's tax group in the US.
  • Frederick Chilton Jr has joined KPMG as the international tax lead for the firm’s technology sector, based in Silicon Valley.
  • Tax transparency is lauded as an unequivocal good. But is it really this clear-cut? Matthew Gilleard explores the negatives as he ventures into the dark side of transparency.
  • Ensuring that their company’s interests are protected as tax policy takes shape is not an easy task, but is an essential one for any tax director. However, the choice of representative or industry organisation to align with to achieve that, is not always obvious, explains Ralph Cunningham.
  • Nina Olson: Questions remain about whether an international financial data regime is advisable
  • Polish proposals that buck international trends are also causing concern Some of Europe's biggest taxpayers are concerned about the increased risk of double taxation from Poland's proposed changes to its controlled foreign corporation (CFC) rules and thin capitalisation regime. The fears were outlined in a BUSINESSEUROPE report which asked 10 of Europe's largest multinationals, including BP, GE, Microsoft and Unilever, to respond to a questionnaire.
  • Astrid Schudeck Chilean tax experts were looking forward the decision of the Supreme Court on a case involving a relevant local company that was leveraged through its branch located in the Cayman Islands, with the purpose of making an investment abroad. The matter discussed relates to the deduction of the associated interest for Chilean tax purposes. The referred decision was made public on July 23, and came to confirm the judgments of the Tax Court and of the Court of Appeals, both against the Chilean taxpayer.
  • Tom Seymour As previously reported, the government has announced its position in relation to a range of international tax measures that had been announced by the previous government but not yet legislated. This includes the proposal to tighten the thin capitalisation regime with effect from income years commencing on or after July 1 2014, and includes changes to:
  • Dorina Asllani Ndreka The governments of Albania and India signed the agreement on the avoidance of double tax duties and the prevention of tax evasion regarding taxes on income and capital on July 8 2013. It entered into force on December 5 2014. The purpose of the agreement is to promote the economic cooperation between the two countries, as well as the establishment of a legal framework for the tax treatment, of legal and physical persons, Indians or Albanians, that have business activities or other revenues, which are under the tax jurisdiction of both countries. The provisions of this agreement have priority over the tax legislation of both countries. The competent authority who will implement this agreement in Albania is the General Directorate of Taxation.
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