Category: Tax

Even with the increased focus in recent days on the UK’s relationship with Europe, a quick flick through the morning papers shows that the tax avoidance agenda remains stubbornly high on the news agenda. A recent piece from the FT … Continue reading

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Despite the current economic crisis and the urgent need to trigger private investment in the ICT sector, a number of countries continue to apply higher taxes to telecommunications than other types of goods and services. In this context, we’ve just … Continue reading

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A letter from our Director of Policy, Andrew Wilson, appeared in the Financial Times earlier this week dealing with the issue of natural resource transparency. As an organisation which works to promote the rule of law, we fully recognise the … Continue reading

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The Financial Times ran a hard-hitting editorial last week on proposed disclosure rules for natural resources firms. The editorial rightly highlights the merits of enhanced transparency in the extractive sector; but regrettably falls into the trap of framing industry concerns … Continue reading

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Many multinational firms will be breathing a sigh of relief this morning with the news that India’s Supreme Court found in favour of Vodafone in the long running tax dispute related to the firm’s 2007 acquisition of Hutchison Essar. In … Continue reading

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We hear that India’s Supreme Court is set to issue its widely-anticipated decision on whether UK-based telecoms firm Vodafone must pay in excess of £2bn in taxes on an $11.1 billion takeover that was completed in 2007. Whilst it’s not … Continue reading

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Earlier this week HM Treasury published eagerly-awaited details of its proposed reform of international corporation tax. ICC UK has been campaigning for changes to the UK’s antiquated rules for taxing Controlled Foreign Companies, or CFCs, for almost a decade. Reforms … Continue reading

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Analysis of last week’s G-20 Summit has—quite understandably—focused on attempts to rescue the eurozone. But those, ourselves included, who find themselves worried by what appears to be a growing trade crisis, will have found their eyes drawn to three short … Continue reading

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ICC has announced that it is to hold a high-level tax roundtable in Brazil this October. The two-day meeting will provide an opportunity for businesses to engage with key Ministers and officials on the tax treatment of international investment in … Continue reading

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The Government is consulting on new framework governing the taxation of companies’ foreign profits to be introduced in the 2012 Budget. This forms part of the Government’s plans to reform UK corporate tax system, as set out last year’s Corporate … Continue reading

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