Tags » International Tax

International Court of Justice rejects India's opposition to British arbitrator in Vodafone-India tax case

The International Court of Justice has upheld its appointment of Sir Franklin Berman as the chief arbitrator in the Vodafone-India tax case.

Vodafone and the Indian government are currently embroiled in a tax dispute after the Indian government retroactively slugged Vodafone with an RS 22,100 Crore ($3.2 billion) tax bill in relation to Vodafone’s acquisition of a 67% stake in Hutchison Essar Telecom services in 2007. 225 more words

International Court Of Justice

Who says MNCs want to keep the earnings offshore

IRS recently stated that the U.S. based holding companies claimed $18.3 billion in foreign tax credit in 2013 which is up from $8.17 billion in the previous year. 85 more words

Global Tax

ClassCrits IX: The New Corporatocracy and Election 2016

Surly bloggers Sam Brunson, David Herzig and I (and Leslie Book over at Procedurally Taxing) are attending the ClassCrits IX conference hosted by Loyola University Chicago School of Law today and tomorrow. 272 more words

Make Way for Ducklings?

Shu-Yi Oei 

Professor Charlotte Crane (Northwestern) presented Integrating a Fragmented Corporate Income Tax at BC Law School’s Tax Policy Workshop yesterday. Briefly, the paper is focused on recent proposals to integrate the corporate income tax, in particular, the yet-to-be-released… 609 more words

Tax Policy

Controversy over interpretation of MFN clause

Introduction

The most-favoured nation (‘MFN’) clause is a time-tested concept of international trade and diplomacy. Such clauses are generally negotiated to ensure that residents of a particular country should not be treated less favourably in comparison to residents of another country or a group of other countries. 2,184 more words

International Tax

Singapore Issues e-Tax Guide for Country-by-Country Reporting

The Inland Revenue Authority of Singapore (IRAS) issued an e-Tax Guide on Country-by-Country Reporting. Singapore-headquartered MNEs meeting certain conditions are required to prepare and file CbC Reports to the IRAS for financial years beginning on or after January 1, 2017. 232 more words

Transfer Pricing

India rejects Singapore’s bid to delay revision of Singapore-India tax treaty

Singapore is seeking more time to revise the two-decade old tax treaty with India, saying its investors need more time to shift to source-based taxation. India has, however, rejected any deferment in the revision of the treaty that will help prevent Singapore, which is the top source of foreign direct investment (FDI) into India, from being used as a shelter to avoid taxes. 307 more words

International Tax