David Bradbury, Assistant Treasurer of Australia until the September election, and the driving force behind Australia’s efforts to tackle base erosion and profit shifting (BEPS) over the past 12 months, discusses the progress he made while in office and outlines what the newly elected government must do to build on that.
George Osborne, UK Chancellor of the Exchequer, today unveiled his Autumn Statement. Anti-avoidance measures dominated, with Osborne promising they will raise £9 billion ($15 billion) over five years.
The annual pre-Autumn Statement rumour mill for the UK has been churning furiously and issues such as avoidance, business rates, capital gains tax and employment taxes will all probably get at least a mention in Chancellor George Osborne’s speech. However, many advisers are expecting few changes and are hoping instead for stability and certainty to be the two overriding themes of the statement.
Palaniappan Chidambaram, India’s Minister of Finance, spoke exclusively to International Tax Review about India’s increasingly non-adversarial approach to taxation and reducing uncertainty in the corporate tax environment.
Speaking exclusively with International Tax Review, Palaniappan Chidambaram, India’s Minister of Finance, revealed the long-awaited Direct Taxes Code (DTC) is ready and that he hopes to pass the DTC Bill before the end of this parliamentary term.
