India’s Supreme Court today issued notices on a special leave petition filed by Cairn UK against an adverse decision from the Authority for Advance Rulings (AAR).
The High Court of Singapore has held that losses caused to a company by a fraudulent director who had overriding power or control in the company are not deductible for tax purposes.
The European Commission and Spain today won appeals concerning changes to Gibraltar’s tax system that have been deemed to be illegal state aid for offshore companies.