Australia’s Federal Court has handed the Australian Taxation Office (ATO) an important victory, concluding that USD 2.5 billion of loans between Chevron’s Australian-resident company and its Delaware ...
The long-awaited 2017 update to the United Nations Model Double Taxation Convention between Developed and Developing Countries was released last Friday during a UN Economic and Social Council meeting ...
The UK government today released the synthesized text of the 2007 UK-Slovenia tax treaty, prepared jointly by the competent authorities of the UK and Slovenia, which reflects how the countries believe ...
The US Tax Court ruled on November 18 that Coca-Cola’s US-based income should be increased by about $9 billion in a dispute over the appropriate royalties owned by its foreign-based licensees for the ...
The Zambia Revenue Authority on November 5 published an overview of tax measures in the Minister of Finance’s 2022 budget address delivered on October 29, including changes to the corporate income tax ...
The government of Senegal canceled its tax treaty with Mauritius earlier this year, after publicly denouncing it for several years, according to an ICIJ report published on May 26. According to the ...
A new tax law (P.L. 115-97), often referred to as the Tax Cuts and Jobs Act of 2017 (Act), has dramatically modified the US international tax provisions, impacting both US and non-US headquartered ...
A Côte d’Ivoire law clarifying country-by-country reporting for multinational groups and addressing tax evasion through international investment was published in the official gazette December 27, 2019 ...
Irish Revenue updated its tax manual guidance on capital allowances for intangible assets on March 31 to reflect amendments made by Finance Act 2020. The changes address when a balancing charge or ...
The UN Committee of Experts on International Cooperation in Tax Matters, at its fifteenth session, held in Geneva 17– 20 October, elected new committee co-chairs and set subcommittee assignments, ...
The US Court of Appeals for the Sixth Circuit in a December 6 decision held that Whirlpool must pay taxes on more than USD 45 million in profits for which the appliance manufacturer had evaded paying ...
Every business in carrying out its day-to-day operations issues and receives thousands of invoices for purchase and sale of goods. An invoice is a time-stamped commercial document that itemizes and ...