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A decision by the Indian Authority for Advance Rulings concerning permanent establishments (PE) has been heavily criticised by tax professionals and is likely to affect foreign multinationals operating in the country.

Advocate General Nilo Jääskinen of the European Court of Justice (ECJ) has issued his opinion in European Commission v France. In his view, France is in breach of articles 96 and 98 of the EU VAT directive for allowing a reduced rate for services provided by lawyers. These services are for legal aid which France argues is in line with article 98 that allows for a reduced rate for works of social welfare.

Multinationals are paying significantly more tax to resolve transfer pricing disputes. With litigation a costly and time consuming option for both the taxpayer and the tax authority, thoughts are turning to alternative dispute mechanisms.

The US House of Representatives has approved a tax Bill providing incentives for small business which includes limitations on treaty benefits in its revenue offset provisions.

A report commissioned by the Cayman Islands' government has concluded that introducing direct taxation will not be beneficial to the islands' economy.

François Fillon, the French prime minister, has announced that the government has abandoned the proposed carbon tax which was due to come into force on July 1.

Global companies have said tax breaks would encourage them to invest in eco-friendly practices.

The rise in aggressive tax planning and equally aggressive responses from governments the world over was top of the agenda at a conference in Copenhagen last week.

Kenya, Tanzania and Uganda have all released budgets containing tax measures. Some aimed at stabilising the countries' tax systems by clarifying certain areas of tax and other changes are intended to improve revenue collection rates.

The Hungarian government has announced an overhaul of the tax system, including an almost halving of the the corporate tax rate for small and medium-sized companies, after controversial remarks compared the country's fiscal problems to the Greek debt crisis.