Search results for

Taxpayers in China should revisit their withholding tax obligations as local tax authorities start to investigate listed companies for not paying withholding tax on dividends distributed to non-China tax resident enterprises.

The Indian tax authorities are claiming they advised Vodafone to pay tax on its $11.1 billion acquisition of Hutchison a month and a half before the transaction was concluded.

Japan's ruling party, the Democratic Party of Japan (DPJ), plans to lower corporate tax as part of their campaign for the upcoming election in the upper house next month.

The Chinese tax authorities have collected the largest single amount from an indirect transfer of a China enterprise since the controversial Circular 698 was issued earlier this year.

The UK government has today published its 2010 Finance Bill. The Bill will enact the key tax measures at the heart of last month's emergency budget.

A monthly commentary on the notable facts, figures and goings-on in the tax world.

Representative Charles Rangel has temporarily stepped down as chairman of the Ways and Means Committee of the US House of Representatives amid inquiry for ethical misconduct.

David Cuellar Mario Alberto Gutierrez Mexico's tax treaty network comprises 37 treaties: Australia, Austria, Belgium, Barbados, Brazil, Canada, Chile, China, Czech Republic, Denmark, Ecuador, Finland, France, Germany, Greece, Iceland, Indonesia, Ireland, Israel, Italy, Japan, Republic of Korea, Luxembourg, Netherlands, New Zealand, Norway, Poland, Portugal, Romania, Russia, Singapore, Slovak Republic, Spain, Sweden, Switzerland, the UK and the US. Regardless of this already significant tax treaty network, Mexico is very active in negotiations with other countries and also in renegotiating some tax treaties and protocols to stay ahead of the international trends. In this regard, the status of the main negotiations and renegotiations as of today is as follows:

An overhaul of the international tax system could help to prevent a repeat of the global financial crisis, an IMF official said this week.

Sead Dado Salkovic Since its independence, Montenegro has successfully reformed its tax and legal system and developed its economy to attract foreign direct investment. The latest reform, in March 2009, promotes foreign direct investment by allowing full rights to foreigners to invest directly in Montenegrin property, as well as giving better efficiency within the State.