Retrospective amendments

International Tax Review is part of Legal Benchmarking Limited, 4 Bouverie Street, London, EC4Y 8AX

Copyright © Legal Benchmarking Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

Retrospective amendments

September 30, 2012
cover-puff.jpg

The last 12 months have seen a surge in the use of retrospective amendments by governments around the world, all aimed at recouping extra revenue from taxpayers. Matthew Gilleard assesses the issues thrown up by lawmakers going back in time, and whether this worrying trend for taxpayers is set to continue.

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Take a Free Trial or Login

Topics

SponsoredCover storyITR MagazineOctober 2012
more across site & bottom lb ros

More from across our site

Direct Tax
Business deal mergers and acquisitions
Opinion: UK national insurance burden could boost tax partnership model
Despite fears that the UK’s increase in national insurance contributions could cripple some employers, those aspiring to equity partnership may spy a novel opportunity
Tom Baker, November 26, 2024
Awards
ITR Awards 2025 4c@4x.png
ITR Awards 2025 opens for nominations
ITR invites tax firms, in-house teams, and tax professionals to make nominations for the 2025 ITR Tax Awards in the Americas, EMEA, and Asia-Pacific
November 26, 2024
Direct Tax
alex cobham.jpg
UN trumps OECD for combatting tax abuse: advocacy group chief
The US can veto anything proposed by the OECD, Alex Cobham of UK advocacy group Tax Justice Network argues
Sam Sholli, November 25, 2024
Direct Tax
Australian parliament
Senator blasts PwC over inquiry conduct amid fresh scandal revelations
US partner Matthew Chen was named as potentially the first overseas PwC staffer implicated in the tax leaks scandal, in a dramatic week for the ‘big four’ firm
Tom Ravlic, November 22, 2024
Direct Tax
Oslo, Norway - 24 September 2022: PricewaterhouseCoopers or PWC
This week in tax: Ex-PwC partner hits out at firm amid legal battle
PwC alleged it has suffered identifiable loss and damage arising out of a former partner's unauthorised use of confidential information; in other news, Forvis Mazars unveiled its next UK CEO
Sam Sholli, November 22, 2024
Indirect Tax
OECD image.jpg
Average global tax revenues flat but VAT takings rise: OECD
Luxembourg saw the highest increase in tax-to-GDP ratio out of OECD countries in 2023, according to the organisation’s new Revenue Statistics report
Tom Baker, November 21, 2024
Direct Tax
suzanne den breems resized.jpg
Five minutes with…Suzanne den Breems, Ryan
Ryan’s VAT practice leader for Europe tells ITR about promoting kindness, playing the violincello and why tax being boring is a ‘ridiculous’ idea
November 21, 2024
Direct Tax
Eyeglasses and calculator close-up and tired accountant woman making marks in paper documents with modern laptop sitting background next bright daylight window. Business, home finances money savings
Overcoming pillar two preparation fatigue
Technology is on the way to relieve tax advisers tired by onerous pillar two preparations, says Russell Gammon of Tax Systems
Russell Gammon, November 20, 2024
Transfer Pricing
italy.jpg
OECD statistics for Italy show TP dispute proactiveness: experts
A high number of granted APAs demonstrates the Italian tax authorities' commitment to resolving TP issues proactively, experts say
Sam Sholli, November 20, 2024
Direct Tax
Valletta, Malta: skyline from Marsans Harbour at sunset
IMF recommends Malta speeds up pillar two implementation
Malta risks ceding tax revenues to jurisdictions that adopt the global minimum tax sooner, the IMF said
Tom Baker, November 19, 2024
Gift this article