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  • Oil giant Royal Dutch Shell has won a long-running court battle against Indian authorities over a tax dispute involving billions of dollars. The Bombay High Court ruled in favour of Shell’s Indian unit, which was accused of under-pricing shares transferred to its parent firm by $2.5bn (£1.6bn) in February 2013. Officials wanted tax on the […]

  • This week, the so-called “International Consortium of Investigative Journalists” (“ICIJ”), on its website, leaked a total of 548 tax rulings that multinational companies obtained in Luxembourg in the period from 2002 to 2010. The list of companies whose rulings were disclosed includes some of the largest multinationals not only from the U.S. and Europe but […]

  • The Russian Finance Ministry has drafted a decree that will exclude Malta from the blacklist of offshore jurisdictions, according to the Russian news agency Tass. The decision followed the signing of an agreement between the Maltese and Russian governments in May. The agreement was on the avoidance of dual taxation and prevention of tax evasion […]

  • November 4:  Legislative proposals in Germany would, if enacted, limit cross-border hybrid financing arrangements, amend the rules for intra-group transfers, and revise the rules for the participation exemption for capital gains on portfolio shareholding. The Finance Committee of the German Bundesrat on 24 October 2014 proposed a number of amendments to an ongoing legislative process […]