Cooper Grace Ward
The ATO has many enforcement measures that it could use for the collection of tax-related liabilities from a company.
A taxpayer is not eligible to participate in the tax amnesty program Project DO IT, if it is first detected by the ATO.
This Alert discusses the common practical issues that arise in relation to the GST free going concern exemption.
Project DO IT is a opportunity for eligible taxpayers with unreported income from offshore investments to come forward.
The people who ultimately bear the cost of these changes will be Victorian members of superannuation funds.
On 28 March 2014, China and Germany entered into a new double taxation agreement (DTA) and protocol (together referred to as 'the new DTA').
Haiwen & Partners
Recent rules promulgated by the state and local tax administrations in China pave the way for exempting cross-border services from value added tax.
In a nutshell, the Convention can be described as a multilateral agreement designed to promote international cooperation regarding tax laws.
China’s Ministry of Finance issued Circular 43 which provides for the entry into the VAT reforms of the telecommunications sector.
Broad & Bright
The State Administration of Taxation released Shuizonghan  No. 165 to further clarify the beneficiary ownership rules with respect to dividends.
Hong Kong and the US signed a tax information exchange agreement (TIEA) on 25 March 2014.
The MOF and SAT officially stated the policy for qualified companies in three new areas to enjoy a reduced Corporate Income Tax rate of 15 percent.
RSM Nelson Wheeler
Since China became a WTO member, the PRC General Administration of Customs has put a lot of efforts to align itself with the WTO's Customs Valuation requirements.
Deloitte Touche Tohmatsu
The new Ordinance includes measures designed to enhance corporate governance, ensure better regulation, facilitate business and modernize the law.
Mayer Brown JSM
The Foreign Account Tax Compliance Act (FATCA) is an invasive piece of US legislation. It is designed to identify tax avoidance being undertaken by US entities.
Oldham, Li & Nie
HMRC has long had a reputation as one of the strictest tax collectors globally, but until recently, non-domiciled non-resident persons were treated leniently.
The Supreme Court of India (SCI) in the recent case of Commissioner of Income-tax, Rajkot vs. Estate of Late HMM Vikramsinhji of Gondal...
The Delhi High Court (Delhi HC) has very recently held in the case of Zaheer Mauritius vs. Director of Income-tax (International Taxation) –II [(2014) 47 taxmann.com 247 (Delhi)]...
Singh & Associates
Merely because the Assessee had claimed the expenditure, that by itself would not, attract the penalty under Section 271(1)(c).
Singh & Associates
The Finance Bill, 2014 along with various notifications have proposed innumerous changes in the Service Tax Law, Customs, Central Excise and the Income Tax.