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  • India’s leading tax professionals were rewarded for a busy last 12 months at International Tax Review’s annual Asia Tax Awards in Singapore in November.
  • Today’s meeting of the EU’s Tax Policy Group (TPG) discussed options for taxing the financial sector.
  • The Supreme Court’s decision in the Glaxo case has put domestic transfer pricing on the agenda. Salman Shaheen looks at the likelihood of a reform to the Income Tax Act and the impact it may have.
  • The final James Zadroga 9/11 Health and Compensation Act of 2010, HR 847, was signed into law by President Obama earlier this month, finally putting some US businesses at ease.
  • US taxpayers may find that their ability to challenge tax regulations in court has been seriously curtailed.
  • Taxpayers, officials and advisers came together on November 12 & 13 to discuss all aspects of India’s tax system at International Tax Review’s inaugural India Tax Forum in Delhi.
  • A tax dispute in India is often a lengthy process that costs heavily in resources, time and cash. And with disputes taking years to be resolved, it is easy to see why an effective dispute strategy is key to operating there. Jack Grocott finds out from leading tax professionals about how to avoid disputes and how best to manage them effectively.
  • The IMF has agreed to provide between 15 and 20 low and lower middle-income countries with around $30 million over five years to boost less developed tax systems across the globe.
  • A state Superior Court judge in Anchorage, Alaska has rejected the state's claim that BP owes $1 billion in state tax revenue and other royalties as the result of a 2006 oil spill in the Prudhoe Bay.
  • The US Senate has approved tax cut legislation crafted by the White House and Congressional Republican leaders.
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