Tax case study TAXATION 1 Hilado wanted to claim as deductions for tax purposes war losses suffered during WW2 in his 1951 ITR. By a judgment dated 10 November 2023, CFA allowed Doing Business has been monitoring how governments tax businesses through its paying taxes indicators for 9 years, looking at both tax administration and tax rates. A total tax saving of Personal Tax - Archives T1 Examples & Case Studies Real world examples and case studies 2016-2021 - Over 50 real tax returns to prepare -- Regular Price $299 Enroll in Course for $199. Jim and Amanda Newman were overwhelmed by the IRS filing process, so they delayed filing their tax returns. Grant Thornton services: Assistance to obtain a tax ruling (that has the effect of law) from the Inland Revenue Authority of PDF | This paper analyses both the structure and the operations of the Indian tax system. Thus, while the Accelerate how you find answers with powerful generative AI capabilities and the expertise of 650+ attorney editors. Last updated 10 June 2024 Print or Download This case study highlights the integration of Lenovo’s centralised global tax solution with its business systems, and explains how one of the most innovative manufacturers of personal computing technology is now able to transform its global finance operations by leveraging enterprise transaction tax management solutions. of India also known as ‘ the retrospective taxation opportunities to evade tax. Our Taxation MCQs and cases cover Assessment Opportunities (AOs) that are typically not present in the EITC Tax Court Cases Study of Tax Court Cases In Which the IRS Conceded the Taxpayer was Entitled to Earned Income Tax Credit (EITC) Penalty Study Revenue Officers Impact Rights and Remedies Lien Study EITC Tax Court Cases Compliance Study adept at evaluating the documents taxpayers provide or more willing to elicit additional CASE STUDY | ONESOURCE INDIRECT TAX. Whether you are a student seeking to improve your academic Abstract This study describes two different experiences in the area of tax administration. Case Studies on Corporate taxation CHAMBER OF TAX CONSULTANTS 22. For the year of assessment commencing 1 March 2021, he made contributions of R6 000 per month to a medical scheme on behalf of himself, his wife As the year draws to an end, and in a reflective mood, we look back at the most notable cases over the last twelve months. Case Study—Effect of tax law change in depreciation 2. In addition, 15 per cent surcharge on income W hen Discovery Communications identified an opportunity to reimagine its tax function, Todd Davis, EVP and Senior Tax Counsel, looked to Ernst & Young LLP and other member firms (“EY”) as a co-creator. Club membershipIntroductionThe provision of a club membership by an employer to an employee almost always gives rise to a taxable benefit. Last updated 10 February 2025 Print or Download. Wong Case Study: Martin, IT Professional Snapshot of Recent Examples Our proven tax-saving strategies deliver exceptional results across a wide range of industries, business structures, and company sizes. Read More. The Tax department contended that the transaction of transfer of shares in CGP had the effect of indirect transfer of assets situated in India. Client: XYZ Corporation, a mid-sized manufacturing company; Challenge: XYZ Corporation was facing rising tax liabilities due to complex international operations. With Practical Law, access thousands of expertly maintained how-to guides, templates, checklists, and more across all In this paper we compare two tax systems which may be used to introduce family-based taxation in a Region of Italy, Lombardy. Michael and Jos will be presenting a case study on the new Non Dom rules being introduced in the UK – this will focus on the effect of the new rules on Long Term Non UK Residents, including some tax and estate planning opportunities which will be of interest to may international CSPs as well as expat individuals. off original price! The coupon code you Studies also suggest Tax structure based on selective wealth tax will have the effect of making the system more consumption taxes, taxes on personal income and property equitable (Passant, 2017). Scenario • Mr James Ang, was employed by United Global Ltd in London from 1 Jan 2021 to 31 Jul 2021. Latest case Previous case SECTION. It includes practical guides, real-time case In this scenario a UK resident individual, let's call him John who was in his early 70’s and a widower, found himself facing a significant Inheritance Tax bill. Download Our Free Case Study Today. The document discusses the Philippine taxation system and the impacts of tax reforms. We identify a total of 370 China tax papers published by both Chinese and English journals over the period 1990 to 2019, but only 9. VISIT TaxSmart Ltd. As such ATO and the courts refer to the common English, in that the term reside to define resident status in terms TAXATION CASE MATRIX IV Eve 1st Sem, Case Name Short Summary Doctrines (Direct quotes from cases) I. CASE TITLE. She purchased 7,000 shares of Apple stock in April 2019 at $50 per share. Japan-based Fidler and the Boehringer Ingelheim team kicked off their tax operating model redesign. The income of a company is classified under different heads of income such as profits earned from the business, capital gains, income from real property and income from other This article highlights the top 20 rulings of the year, offering concise summaries of each case and their broader implications. The ten secrets to building a world-class financial crime function. 12. g. View Case Published a new case study from TaxAssist Accountants. 27 would bring the Indian government more than crore Rs 40,000. Economic Checkout Taxmann's Faceless Assessment Appeals & Penalty Ready Reckoner with Practical Guide to Handling Income Tax Notices which provides a comprehensive guide to the faceless taxation regime under the Income-tax Act, 1961, featuring in-depth coverage of faceless assessments, appeals, and penalties. 6. 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Case Study Overview: Let’s consider the example of “Bullet Express,” a small acting Get more updates on the latest tax cases and gain valuable insights to optimize your tax strategy in India. com or 1 866-367-7378 4 › Builds a reliable, future-ready system. Case Studies. Initially, social assistance schemes were funded by domestic taxation and that remains the The appeals heard by the Federal Court of Appeal deal with issues stemming from complex, specialized and often innovative areas of law. Order 53 Rules of Court 2012 & Income Tax (Exemption) (No. To access this content, click on the + sign next to the heading Case Law to display the menu. Huygens Herengracht 495 1017 BT Amsterdam The Netherlands . They needed a solution to optimize their tax structure while ensuring compliance with local and global tax regulations. › Managing multiple The course is largely organized in the form of case studies, with which the possibilities of international tax planning are presented and discussed in a systematic manner. CATEGORY. Second, the majority of the English tax papers are published in second-tier journals. The information contained herein is not intended to be “written advice Theme: Goods & Services Tax Launch Date: July 1, 2017 Duration: Ongoing Location: Pan-India Stakeholders: Government of India, State Governments, Industry, Consumers OVERVIEW. United States of America, No. Having a UK property worth £500,000 and investments amounting to Collapse Section Two Financial Management Case Studies: Direct/Indirect Taxation, Banking, and Insurance are All Areas of Financial Accounting. Previous studies have evidenced that general tax knowledge has a very close relationship with taxpayers China tax research is published in Chinese language journals. In countries with an established tax department, a specialized Boehringer Ingelheim team was still responsible for a certain review process, while an EY team stepped in for local compliance, and the remaining tasks stayed with Boehringer Similarly, the Tax Foundation’s International Tax Competitiveness Index provides a broader perspective on how tax policies, including film incentives, affect a state’s overall economic competitiveness. In: Taxation History, Theory, Law and Administration. 9 9 In the financial year (April-March) 1973–74, tne highest rate of income tax on incomes beyond Rs 200,000 was 85 per cent. 1 In Herbalife International Singapore Pte Ltd v Comptroller of Goods and Services Tax [2023] SGHC 54, the General Division of the Singapore High Court overturned the decision of the GST Board of Review in GEV v Comptroller of Goods and Services Tax [2022] SGGST1 to allow GEV’s appeal. AS PER S. Client challenge: Uncertainty on whether Singapore withholding tax applies to payments to non-resident entertainer. I am using an actual Client to show how the threads of Inheritance Tax mitigation planning, outlined Includes CPA PEP Taxation fifteen (15) multiple-choice questions (MCQs) and two (2) mock exam practice cases and solutions. Her team's blended hourly rate is $250. Page 3 Case studies on PPT and GAAR 17 December 2019 Typical structure of inbound investment The case (No 838/DEL/2021) involved Olympus Medical Systems India, a subsidiary of medical equipment supplier Olympus. Tax case articles (Corporation Tax): Allum & Allum v Marsh, Sp C 2004, [2005] SSCD 191 (Sp C 446). Commissioner of Internal Revenue, CTA Case No. Advance payments—whether for rent, commissions, or professional services—are now an integral part of the TDS/TCS framework. The Covergence and Divergence between China’s Implementation and OECD/G20 BEPS Minimum Standards. The casefocuses on developing students’ data evaluation Advance Payment Case Study and Process. 1515/revecp-2015-0002 The Impact of Taxation on Economic Growth: Case Suggested Citation: Fambon, Samuel (2006) : Taxation in developing countries: Case study of Cameroon, WIDER Research Paper, No. The functions of taxation are to raise revenue, to stimulate economic growth, and to facilitate social This study concentrates on the tax avoidance strategies of multinational companies using the case study of Apple Inc. It consists of income taxes, consumption taxes, property taxes and miscellaneous taxes. Case studies. Read online. Over the span of 13 years, the company had cut its tax bills by approximately $2. 6-1 Assignment: Tax Planning Case Study Firsthand Experienc e › Keeping track of income, expenses, and deductions throughout the year and working with a tax accountant to ensure accurate reporting on tax returns. We were initially engaged in assisting the client with their investment into ajoint venture (“JV”) company in Mainland China. Stay informed with these key We identified the UK as a suitable “bridge” between the UK and target jurisdiction and had to consider local real estate tax implications, withholding tax exposure on interest and dividends tax payers as those who have high dividend income are subjected to tax only at the rate of 15% whereas such income in their hands would have been chargeable to tax at the In this article, we present several compelling success stories that showcase the value tax consultancy firms bring to individuals and businesses by addressing specific challenges and Case study 3: Finance House – Acquisition and Restructure Our client is a privately held finance house headquartered in Mauritius. Previously, the accurate management of a client's tax plan throughout ONESOURCE Income Tax (OIT) and Tax Provision (OTP) are the primary tax modules Maryott uses. The goal of this study is to use Artificial Neural Explore how TaxBuddy guided Mr. 309–328, DOI: 10. Google Scholar. The data give This series of tax and development case studies in selected countries demonstrates how governments in developing countries are addressing tax avoidance and evasion, assisted by The PwC Tax Case Studies provide students with realistic fact situations in which a number of tax problems and opportunities can be identified. In countries with an established tax department, a specialized Boehringer Ingelheim team was still responsible for a certain review process, while an EY team stepped in for local compliance, and the remaining tasks stayed with Boehringer Our tax crime case studies demonstrate our firm action against those who try to cheat or evade the tax and super system. The Foundation sponsors Buzzacott’s Tax Investigations and Dispute Resolution team has been honoured as the ‘Best Tax Disputes/Investigations Team’ at the prestigious Tolley’s Taxation Awards 2019. This case underscores the stringent standards for demonstrating a lack of willfulness in failing to REVIEW OF ECONOMIC PERSPECTIVES – NÁRODOHOSPODÁŘSKÝ OBZOR, VOL. Published a new case study from a mobile farm administrator. Forthcoming, Julien Chaisse and Cristián Rodríguez-Chiffelle, eds. ) Ltd v DCIT [2009] 34 SOT 412 (Mumbai) 20. The cases include prospective as well as Within our technical library are ACCA articles on tax cases. Societal impacts of Tax Governments and world markets require a certain amount of tax revenue to function. 03. A DGT enables Tim to invest and ‘give away’ the £300,000 cash he has accrued, but still benefit from the income that investment generates (up to 5% of the amount A fiscal platform is built to generate the funds required to pursue shared objectives, including social security, economic expansion, income redistribution, and internal and national security (Khasawneh et al. The case studies have been prepared Carbon Taxes and CO2 Emissions: Sweden as a Case Study by Julius J. 27 was imposed on the Company. DATE ISSUED. Section I discusses the evolution of the Indian tax system and | Find, read and cite all the research Average Rate of Tax = 21278/476580 = 4. From: HM Revenue & Customs Published 26 November 2020. Maria is retired, and her only income is from a pension and some investments. Gross income in relation to any year or period of assessment means: In the case of a resident, the total amount, in cash or otherwise, received by or accrued to or in favour of such resident; or In the case of any person In some cases the withholding tax is treated as discharging the recipient's tax liability, and no tax return or additional tax is required. after more than six year income tax issued notice assuming difference amount as Case Studies. com This document contains general information, may be based on authorities that are subject to change, and is not a substitute for professional advice or services. , The Elgar Companion to the WTO, Boston College Law School Legal Studies Research Paper No. Inbound investment and PPT impact . Risk and Compliance. taxes described therein within a specific period. How a unified tax compliance approach generates value. Published in volume 11, issue 4, pages 1-30 of American Economic Journal: Economic Policy, November 2019, Abstract: This quasi-experimental study is the first to find a significant causal effect of carbon taxes on emissio can you send 2 cases verdict where government circle rate and purchase rate was different . Collapse Section II Case Studies in Finance Management: Financial Accounting, Direct/Indirect Taxation, Banking, and Insurance Collapse 10 Wrong Signals for Investment Climate: A Case Study on Retrospective Taxation (Vodafone) Contemporary Accounting Case Studies, September 2022, Vol. Our tax crime prosecution case studies show that people who deliberately cheat the tax system will be held accountable. Published a new case study from North Farm. DEAC Famous Alumni Award – 2024. The OECD Global Tax Deal In October 2021, more than 130 countries (over 90 percent of the global economy) agreed to set a minimum global corporate tax rate of 15 percent starting in PDF | On Apr 1, 2020, Elias Igwebuike Agbo and others published The Genesis and Development of Value Added Tax Administration: Case Study of Nigeria | Find, read and cite all the research you need This case study also includes examples of the financial effects of applying different approaches to accounting for income taxes to the same fact pattern. Citationsforrester. The Foundation introduces relevant real-world experiences to students through its case study programs for undergraduate, graduate, and MBA students. N. Case Study: Oregon Capital Gains Tax Scenario. This case study concerns the family tax planning goals of a highly compensated corporate executive with three grown adult children and three minor grandchildren. : World Bank, May 1988), 4. MNC captive centre in India automates 400+ tax returns globally and saves $127K per annum. She had approximately $800,000 invested in a variety of financial instruments, and owns her own corporation. So, it is illegal. Understand court decisions and their impact on tax evasion, false statements, and related offenses. 4 How a new approach to finance and tax is turbocharging Accelleron. Subscribe to Tax Insight . Let’s illustrate this with a case study of Jenna, an investor in Washington. This case will seek to reveal ethical problems among the discount RTA furniture industry: specifically, the need to shift supply chains and manufacturing to areas with looser environmental Cookie Duration Description; cookielawinfo-checkbox-analytics: 11 months: This cookie is set by GDPR Cookie Consent plugin. Read Presidential Decree 464, Chapter II, Section 21 (as amended by PD 1621); and William Dillinger, Urban Property Tax Reform: The Case of the Philippines’ Real Property Tax Administration Project, Report INU-16 (Washington, D. To get professional advice on tax case laws, income tax office and financial services information, please visit CCHTaxOnline website. The [ CITATION ATO19 \l 3081 ] Australian income tax law has not elaborated more concerning Australian resident for taxation. 22) Order 2006 (P. • Subsequently, with effect from 1 Aug 2021, he has been employed by SG United Pte Ltd (SinCo) (a At the time of writing, Singapore is ranked 2 and the Philippines 95 in the World Bank Doing Business Guide (ease of doing business worldwide), and within the East Asia-Pacific Region (25 countries), Singapore is ranked 1 and the Philippines 11 (The World Bank 2019). In the 2010 Budget, New Zealand’s government made the following changes in tax law effective from the tax year ending 30 June 2012: IBFD has three searchable case law collections: 1) national court decisions involving tax treaty interpretation, 2) national court decisions involving other tax-related matters, and 3) tax decisions issued by the Court of Justice of the EU. Small Business Taxation: U. Accounting; Audit & Payroll; Deputy Group Tax Director for AXA to discuss a real-life tax department case study in action – how the function is responding to the challenges and opportunities of the current landscape and how it's evolving within a responsible tax framework. We acted as lead tax adviser in the acquisition of a competitor based in Cyprus with regulated activities in Africa, Thailand and the Caribbean. doc / . I expect we've got a lot to cover over a short period of time so with that David, over to you. Dr Blazej Kuzniacki, Research Fellow, SMU-TA Centre for Excellence in Taxation. It’s tempting to focus on the headline number of jobs created by a film production. Data sets from those and other tools are then managed through ONESOURCE Workflow Manager, which provides a suite of Fidler and the Boehringer Ingelheim team kicked off their tax operating model redesign. Let’s consider a real-world example involving Jenna, an investor in Oregon. The main decision criteria for choosing ONESOURCE Tax Provision was to automate the The series covers all important topics and case studies related to taxation law, making it a valuable resource for those looking to deepen their knowledge. He also has a large portfolio of residential Buy-to-Let properties, which he owned personally; these properties, therefore, had both Capital Gains Tax consequences as well as Stamp Duty issues to consider. Eliminate penalties on the taxes they owed; Develop a payment program for the balance due; Determine what documents were required to reduce future tax costs Discretion by the Income Tax Officer: As stated earlier, the tax assessment was completed in the year 1961. Whether you're a tax practitioner, a legal expert, or a taxpayer, this comprehensive overview is Case Study 1: Business Tax Optimization. indicated in the FAN, as in the Fitness By Design case, two (2) due dates indicated in the FANs negate the respondent's demand for payment of the deficiency tax liabilities. Govt. 3 With the two The tax laws in India provide for taxation of corporate entities as a separate person; and specific income tax return forms for companies are prescribed under the law. A US car manufacturer’s PDF | On Jun 30, 2020, Osemeke Nobert and others published The challenges affecting tax collection in Nigerian informal economy: Case study of Anambra State | Find, read and cite all the research Australian taxation law cases 2023 : a guide to the leading cases for business, commerce and law students by Kerrie Sadiq The 2023 edition of Australian Taxation Law Cases is a feature-packed resource that includes key Advocating for sugar-sweetened beverage taxation: A Case Study of Mexico. Definition: An exploratory case study investigates an area where little is known. Misappropriation of client refunds leads to termination Integrity of the tax system at risk from dishonest agent. Mar. Issued: 25 January 2024 Last modified: 25 January 2024 Date of decision: 24 October 2023. Title: Tax Treaty Case Law around the Globe 2020 This article is written by S A Rishikesh and further updated by Gargi Lad. Case Study: Simplifying Tax Compliance with ONESOURCE Indirect Tax. The EU Tax Law Study Group is a think tank dedicated to the study of tax law developments in the European Union, This note outlines the key landmark cases and major challenges tax authorities and MNEs face in the Deloitte Foundation case study competitions. , 2008). See how KPMG has helped organizations transform themselves to compete more effectively. Although the Study Texts were specially produced to assist candidates preparing for the Case study We will go through the following case study during the webinar. ClearTax is fast, safe and very easy to use. It notes that the current Developing an Artificial Intelligence’s Tax Assistant in International Tax Avoidance Cases: The Case Study under the PPT Abstract Main Paper. Objectives of the analysis include identifying strategies that could be exploited by multinational companies to avoid taxes and to find improvements for the Sri Lankan tax system based on the loopholes that multinational companies could exploit. 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Each was successful: each brought about a significant increase in the effectiveness of tax administration and, consequently, a rise in the collection of internal revenue. Adam Collins for taxation purpose in Australia. Case study with a family-owned multinational corporation with 72 VAT registered entities and no simple way to manage transactional complexity. 2019. PROGRAMME. 16580 is taxable as non-monetary perquisite TAX CASE STUDY: INTERNATIONAL TAX +1 800 274 3978 rsmus. Case Study ICAN As part of the quality control measures, the output of the writers and reviewers were subjected to further comprehensive review by the Study Texts Review Committee. Use the In the case of Tim, he wanted to generate £15,000 additional income each year, whilst ensuring that the capital element of the investment gains an inheritance tax advantage. Notably, it has links to medium neutral case reports for all higher courts and some lower courts. declining real value of oil taxes, which had not previously been The above case study is an example of what can be achieved with structured planning. Hence, in the present case if the tax assessment had been completed before 1962, then Income Tax Act, 1961 companies pay taxes, and Pillar 2 would establish a global minimum tax. This investment would enable them to establish a presence in Mainland China for product procurement purpose. Consequently, all case studies are not structured similarly and variations abound in International Journal of Multidisciplinary Research and Publications ISSN (Online): 2581-6187 The Influence of Knowledge, Motivation and Perception on Career Interest in Taxation (Case Study at Students of Tax Accounting 2019-2021) Fajar Rizky Ibrahim1, Muhammad Dahlan2 1 Student of Tax Accounting Undergraduate Program, Faculty of Economics and Case studies can be classified into different types depending on their purpose and methodology. 618, An EY article and case study on how Boehringer Ingelheim is reimaging its tax operating model to boost quality and efficiency, is available here. 6 (2025), a syndicated conservation easement (SCE) case that serves as a critical reminder for tax practitioners regarding the valuation of donated property and the potential for substantial penalties arising from gross valuation misstatements. The cookie is used to store the user consent for the cookies in the category "Analytics". e. The matter reached courts. The decision of the General Division of the Singapore High Court will not PDF | On Jan 23, 2020, Alexander Sibanda published The Rise of Tax evasion in Zimbabwe: A case study of ZIMRA | Find, read and cite all the research you need on ResearchGate In this case, the amount of tax undercharged was 100% of the tax which was eventually assessed for that year. As the theory predicts, tax authorities may be able to increase the legitimacy of bitcoin by improving tax compliance and reducing tax evasion. Jenna bought 7,000 shares of Apple stock in April 2019 for $50 per share, and in January 2025, she sold them More case interviewing tips Learn a few more ways to stand out in your case study interview. Raj through cryptocurrency taxation complexities, optimizing his tax liability. Digital governance of tax compliance and litigation. Our comparison takes into account revenue neutrality, labour supply The Chinese tax system13 “looks” like other tax systems. It also provides full-text access to many Australian Law Review articles and Australian Law Reform Commission Reports. Health Care -Transforming Finance Into An Asset. ’s investigation focused on a Switzerland-based parts subsidiary, known as Caterpillar SARL (CSARL). SSKI Investor Services (P. A sum of RM52,966,517. , the application of the Dutch participation exemption and anti-hybrid mismatch rules. Bachelor of Commerce in Tax Reform Case Study: Philippines INTRODUCTION I n December 2012 the Philippines passed the Sin Tax Reform Act of 2012 (Sin Tax Law), which became landmark legislation under President Aquino’s administration. 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Taxation 2A -Caselets (Units 1-4) Webinar 3 & 4 Q Joe Modise is 35 years old. Computation of Income from Other Sources : Taxation of Dividend u/s 2(22)(a) to (e), Provisions relating to Gifts, Deductions, Other Miscellaneous Provisions, Practical Case Studies. Difficult as it was to whittle down the numbers, we have shortlisted our top 10 cases – a festive Vandana Yadav, Dr. Indian government won litigation in Bombay High Court Vodafone immediately appealed to the Supreme Court, which ruled in favor of the TELCO company in 2012”. Michael has a large estate of £8 million and had an Inheritance Tax liability of £3 million. Tax Advisory & Transactions Outsourced Compliance Technology Consulting As a nonpartisan, educational organization, the Tax Foundation has earned a reputation for independence and credibility. These results are part of an eleven-part series, The Economics of the Blank Slate, created to discuss the economic effects of Concurrently, in case of the value added tax approximated by tax quota, the negative impact on economic growth was not confirmed, from which it can be concluded that tax quota, in this case as the INHERITANCE TAX CASE STUDY GUIDE & FAQS 03 INTRODUCTION / CASE STUDY INTRODUCTION JACK & JILL CASE STUDY Buckingham Gate Chartered Financial Planners is an award winning, independent financial planning firm based in the heart of central London. Andersson. C. Tax legislation changes and our advice could be different in AustLII is a free website for Australian legal resources. Section 4(a) and Section 60, Income Tax Act 1967. VODAFONE V CIT • In September 2007, the tax department issued a show-cause notice to Vodafone Vide a tax audit, the Revenue issued a notice of assessment and subjected the compensation under Section 4C read with Section 24(1)(aa) of the Income TaxAct 1967. One of the couples has a tax plan and one doesn’t. Existing the loopholes of tax laws are also the cause of tax evasion and tax avoidance. Discovery’s acquisition of Scripps, which would make it the largest non-scripted, factual media company in the world, was the spark and catalyst. Culture. 2025. Treatises (including BNA Portfolios) Hornbooks & Study Aids ; Below are links to select online sources offering tax cases. ; Digital Taxation Digital goods and services and Tax Advisory Transformed: Sarah's Case Study with TaxPlanIQ . Practice Areas. [sale of subsidiary to fund future taxable supplies]; British Sky Broadcasting Ltd v C & E Commissioners. U. Amita Vijay & Manoj: Retrospective Tax Debacle: A Case Study of. These efforts have been propelled in part by mediatized case studies, conducted by non-governmental organizations (NGOs) and other groups, on the tax avoidance practices of multinational enterprises. Document ID: 2023-5483 The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young Background. These case studies explore the various techniques and approaches our team of specialists use to resolve your tax disputes and get you the best outcome possible. Fidler and the Boehringer Ingelheim team kicked off their tax operating model redesign. 9296, September 04, 2019) This study uses a case study analysis to investigate GST tax evasion in India, concentrating on its patterns, impacts, and regulatory responses. Understand legal precedents and navigate tax law confidently. In the first part, the course covers the basics of international tax planning and tax structuring (inbound and outbound cases). Follow the links on this page Dive into crucial Income Tax case laws covering sections 276C, 276D, 277, and more. There is evidence of molding tax is more conducive to Economic growth (Stoilova, 2017). Law of Taxation Case study. It helps to identify questions Introduction. Hear insights and case studies Since taxation is an inevitable source of government revenue, the problem of double taxation should be avoided, tax incentives in the form of tax cut should be provided to tax payers. Commissioner, 164 T. Comparisons of investment structures, taking into account the benefits and tax risks involved. The IRS hit them with a $23,886 penalty in back taxes. Part front matter Notes The task force on tax policy and administration for India’s Tenth Five-Year Plan, 2001, in its report, Footnote 1 recommended a seamless tax on goods and services (GST) with parallel channels for the centre and states. 2(15) OF THE INCOME TAX ACT, 1961, unless the context otherwise requires, the term "charitable purpose"includes; a) relief of the poor, b) education, c) yoga, DISCLAIMER: The Case Study presented here is only for sharing knowledge and information with readers. Issues -- A Case Study on Tax and Organizational Form; by Professor Judith Freedman, University of Oxford, Law Faculty and Centre for Business Taxation; presented at the 4th IMF-Japan High-Level Tax Conference for Asian Countries, Tokyo, Japan, April 2, 2013 Created Date: 7/23/2013 11:09:30 AM Ruling on withholding tax - Case Study Client: Non-for profit organisation. Case Study on Tax System Transparency International Cambodia Prepared by Srun Sroy, Local Consultant 8 -Prepayment of Tax on Profit: all taxpayers shall be obligated to pay a monthly prepayment of tax on profit at the rate of one percent (1%) of List of Recent Tax Case. pdf), Text File (. purchase rate was 19 lac less than circle rate . [mixed supplies; flight and catering]; BLP Group Plc v C & E Commissioners. Data collection involves document Case Study: India’s Income Tax Department Uses Blockchain To Simplify Tax Processes anuary 30, 2020 2020 Forrester Research, Inc. Determining Mr. A great portion of Caterpillar Inc. Save money. Total Non monetary Perquisite under section 17(2)(iv) = 60000 + 20000 = 80000 (d) “Total Tax Paid by Employer” is a Non-monetary Perquisite for the employee = Rs. The then finance minister mentioned the report in his 2002 Union Budget speech, indicating his intention to implement some of the report’s Advanced Federal Tax Course; Student Success Case Studies – Amazing! Continuing Education. systems to bridge the gap of gender inequality. CASE STUDY IN TAX ADMINISTRATION AND PRACTICE By J B Adesina, ACTI; FCA; ACMA; MBA Managing Consultant, Tees Consulting Services DEFINITIONS There is no universally accepted definition for case study, and the case method means different things to different people. (Benchmark Marketing Corp. Google Scholar Presidential Decree No. 28, 2025), offering a detailed analysis relevant to CPAs advising clients on trust fund recovery penalty (TFRP) matters. Order by Apply. With case studies, analysis of common mistakes, and best practices shared by expert Mr Shay, Stephen E. DDT under tax treaties 1 ABC Co F Co t d tax under the Income-tax Act, which is directly linked with the declaration or distribution of dividend. Table of Contents This chapter adapts the Coffee bonding theory to the modern context of bitcoin, using tax as a case study. At a webinar organised by the Singapore Chartered Tax Professionals, Accredited Tax Advisor (Income Tax) & Accredited Tax Practitioner (GST) Allen Tan, Principal, and Jeremiah Soh, Senior Associate, Baker & McKenzie. ” In his testimony, he examines President’s Trump’s reported taxes as a case study. Among other things, the Court has jurisdiction to hear disputes regarding tax law, maritime law, immigration law, Aboriginal law, prison law, social law, aeronautics, intellectual property and national security. This case study presents the different component of the advocacy campaign and steps that led to the implementation of the tax in Mexico. 1, No. 4 billion through the various important case studies in simplified manner. Let’s delve deeper into the issue of job creation. Detecting tax fraud is a top objective for practically all tax agencies in order to maximize revenues and maintain a high level of compliance. Springer Texts in Business and Economics Case Studies. Exploratory Case Study. [mixed supply; tv subscription and magazine]; C & E Commissioners v Dearwood Ltd. 117 Baggot Court, Dublin 2 Phone : 01 6855410 Email : info@taxsmart. Grant Thornton services: Assistance to obtain a tax ruling (that has the effect of law) from the Inland Revenue Authority of Case Study: How Capital Gains Tax Applies in Washington. Employment Tax Club membership. India witnessed the launch of its biggest tax reform since Independence, the Goods and Services Tax (GST) characterized as 'The Good and Simple Tax' by the Prime Minister This study aims to provide new evidence of the impact of total tax revenue and tax structure on economic growth in a sample of eleven European Union (EU) member states located in Central and 11. Subscribe. 20000. In this edition, we delve into a myriad Case study Tax avoidance - don't get caught out Personal stories from people who have been caught up in tax avoidance schemes. The French-like tax system, which uses a family quotient, and a German-like tax system, which applies joint taxation and decreasing-in-income children allowances. Reduced tax liability from 18Lacs to 8Lacs. This e-book is an useful compilation and a good reference material on various relevant case studies under GST in India compiled and arranged in a systematic manner. A case study is presented about a businessman, Hasan Ali Khan, who was investigated for money There is a paucity of case studies investigating the effects that becoming a tax haven has had on domestic political economies. Tax revenue is essential for maintaining sustainability worldwide and serves as the primary source of funding for local and federal governments, One of the challenges facing the three-person income tax department of a global confectioner was the lack of a streamlined compliance process. When you complete her return this year, she has a balance due of $1,300. 21 September 2020. ClearTax maximize your deductions by handling all deductions under Section 80 like section 80C, 80D, 80CCF, 80G, 80E, 80U and the rest. Read more in this case study. To study the impact of personal income tax on resident income distribution, this article constructs a Computable General Equilibrium (CGE) model of taxation and compiles Social Accounting Matrices Download MANCOSA Taxation 2a case study example with answers and more Assignments Business Taxation and Tax Management in PDF only on Docsity! Case Study. vs. We've pulled these articles together by tax area to make it easier to find the cases you're looking for. Know more about Form 3CD reporting, learn the difference between business and professional income, and understand the interplay of sections 44AB, 44AD, and 44ADA. [succession of trade and brought forward trading losses]; Ferriby Construction (UK) Ltd v Revenue & Customs [2007] UKSPC carbon taxes that have been implemented globally, specific attention was paid to 17 jurisdictions whose experience was considered particularly relevant for informing the analysis. Achieving the CTA qualification is a significant milestone for any chartered tax adviser, but not everyone's journey is the same. Of this, 3420 tax paid by the employer is exempt u/s 10(10CC) & Balance Tax paid of Rs. KANGAVE, JALIA, Improving tax administration: a case study of the Uganda Revenue authority, Journal of African Law, 49, 2 (2005): 145–176 The prevalence of poverty in developing countries demands that these countries should improvise internal revenue generating projects to supplement, or better still, ultimately significantly reduce dependence on foreign One case that may help with Excel skills is Christine Cheng, Pradeep Sapkota, and Amy J. The views are personal, shall not be considered and professional advice. 4% of those papers are published in English language journals. 464, Chapter III, Sections 30-37. Dive into Case Study Ruling on withholding tax Client: Non-for profit organisation . However, a number of databases --- like Tax Analysts and RIA and Westlaw--allow users to filter results by court or browse to particular court decisions. Personal property tax compliance guidelines vary throughout the US. Director General of Inland Revenue. valuation officer, Practical Case Studies. We are delighted to showcase a number of CTA profiles in this case study area. CTC International Taxation Study Circle Case Studies on PPT and GAAR CA Vinod Ramachandran, CA Krunali Doshi December 2019 Views expressed are personal . Philippines Tax Reform Case Study - Free download as PDF File (. This study will provide an overview of the adjustment and implementation of audit plans and program during the pandemic “Far from automating tax teams out of existence, the use of technology is a chance to augment business partnering capabilities and enhance the status and influence of tax within your organisation. In other cases, the Board of Review had said that the starting point for assessing penalties where a taxpayer has failed in his or its obligations under the Inland Revenue General tax advisory on, e. In the case of tax evasion, tax liability is reduced or tax is not paid at all. IRS Annual Filing Season Program; FAQs; Contact; DEAC Outstanding Graduate Award – 2024. Mr. We deliver impact for over 3,000 partners Everyday! Take a look at our success stories with some of India's leading Subscribe. This shows that in terms of attractiveness to investors and ease of doing business, Singapore is a International Taxation Case Studies, which can be accessed from the links below, are in respect of certain practical situations, that arise during the course of conducting international business. Research. ClearTax handles all cases of Income from Salary, Interest Income, Capital Gains, House Property, Business and Profession. Tax Case Laws. This article provides an insight into the infamous case of Vodafone International BV v. Zurich Life Insurance Malaysia Berhad v. But in case of tax avoidance, tax liability is minimized by taking the advantages of Tax_Case_Study - Free download as Word Doc (. The various relevant case studies are enlisted quite carefully with an objective to achieve Advanced Taxation ICAN 15. K. Data mining, machine learning, and other approaches such as traditional This article delves into the recent United States Tax Court decision in Ranch Springs, LLC v. Explore Your Fit The impact you’ll make through your career begins by finding work that inspires you and puts your strengths front and Veronica's Case study: Personal Tax and Corporate Tax Returns Veronica is a vibrant woman in her early 60’s. The tax team went for a two-track approach: 1. . Plastic industry giant automates tax reporting with real-time data streaming from GL. The tax position is based on the rates and allowances in the 2020/21 tax year. Taxation of Individual Income—India Case Study. In September 2007, the Indian Tax department issued a show-cause notice to Vodafone to explain why tax was not withheld on payments made to HTIL in relation to the above transaction. India’s Income Tax Department – the tax authority – conducted a transfer pricing audit after the Fidler and the Boehringer Ingelheim team kicked off their tax operating model redesign. 7. Jack and Jill are in their late 60s. David: Promoting Tax Excellence by SCTP Page | 1 T he year 2021 saw a myriad of tax cases across various tax types. 24. The case study company is a small to medium-size manufacturer and retailer with specific assumptions, deliberately chosen to ensure that its File Income Tax Returns online with ClearTax. by Haroon Juma | Jul 28, 2019 | VAT & Tax Case Studies. Companies around the world are feeling ever-growing pressure to control costs, improve efficiency and meet demands by tax authorities for greater data Tax case articles (VAT and indirect taxes): British Airways v C & E Commissioners. Let’s learn a little bit about each couple and how tax In the case of tax-free salary paid by an employer to the employee, the income from salary along with the tax thereupon will form part of the income from salary chargeable to the employee. No. 14, ISSUE 4, 2014, pp. During the entire process, we guided the client each and every step and See more Whether a sum received by the Taxpayer from the Hospital Authority because of its default to grant rest days or holidays is taxable. Practitioner types. The requirement of this US multinational company with a global turnover of almost Treatises & Study Aids (including BNA Portfolios) Toggle Dropdown. Case Report>> Tax Appeal. Maria should begin making estimated payments, since her balance due next year will be more Case Study: IKEA’s tax avoidance scheme leads to externality problems across the discount furniture industry Christopher William Tripp Karlsruhe, January 17, 2022 . A case study in evolving financial landscapes. In countries with an established tax department, a specialized Boehringer Ingelheim team was still This tax relief could be offset against income tax paid on her pension, and effectively paid the capital gains tax bill that was due on the sale of her investments and put her in a positive tax position. May 31, 2020. (Report of a Study by National Institute of Public Finance and Policy), March 1985. [transfer of going Case studies - tax technology and transformation Insights on our approach for implementing tax technology and automation solutions for business organisations enabling digitalisation of tax function Share. Unauthorized copying or distributing is a violation of copyright law. Cases are chosen for their diversity across sectors, regions, and levels of evasion, with data sourced from government reports, legal cases, and media articles. I hope this case study will begin to paint a picture for the reader of what financial planning really is all about. Search terms. LawCite is the case citator accessed through AustLII. involving revenue cases, the Court should consider the case holistically at the leave stage, i. [company buy-back of own shares; whether for purposes of the trade] Falmer Jeans Ltd v Rodin, Ch D 1990, 63 TC 55; [1990] STC 270. Beverage purchases from This article examines the recent Ninth Circuit Court of Appeals decision in Kristopher Dreyer v. In countries with an established tax department, a specialized Boehringer Ingelheim team was still responsible for a certain review process, while an EY team stepped in for local compliance, and the remaining tasks stayed with Boehringer Welcome to the GST Case Law Compendium – April 2024 Edition, a comprehensive overview of recent legal decisions shaping the landscape of Goods and Services Tax (GST) in India. txt) or read online for free. docx), PDF File (. Healthcare Casestudy (Download) July 15,2019 / Haroon Juma / Accounting / VAT / Software Solutions In January 2020, a well-established Dubai Health Care Provider was contacted by the Federal Tax Authority to submit their tax returns for 2019. In the first case, the level of education received by taxpayers is an important factor that contributes to the general understanding about taxation especially regarding the laws and regulations of taxation [6]. The Paying Taxes indicator measures tax systems from the point of view of a domestic company complying with the different tax laws and regulations in 190 economies around the world. This study encourages further study on the empirical Steven M Rosenthal, senior fellow, testified before the US House of Representatives Committee on Ways and Means, Oversight Subcommittee at a hearing on “Tax Fairness. 4647% (a). When looking to standardise its processes, the company's tax department turned to the Thomson Reuters ONESOURCE suite of tax products. Exemptions/Deduction, Clubbing provisions, Set Off and/or Carry Forward of Losses, Rebate To obtain any tax relief for maintenance payments, one of the couple must have been born before 5 April 1935 and the 14 Jul 2020 | Produced by Tolley. Innovation insights. Dive into crucial Income Tax case laws covering sections 276C, 276D, 277, and more. 1, p. Question 1. Sector: Performing arts. Yurko’s “A Case Study of Effective Tax Rates Using Data Analytics,” a forthcoming article in Issues in Accounting Education and the winner of the 2019 ATA/Deloitte Teaching Innovation Award. This case study explores the tax implications of two common business structures: a sole proprietorship and an LLC taxed as an S Corporation. She had no withholding and is not eligible for any tax credits. Our client is a family-owned multinational corporation with interests in the manufacturing, food and resources, real estate and construction sectors, Income tax in the Philippines is really a big issue that needs to deeply analyze and understand because income tax is really matters in the financial resources of the government although there are some countries who are not imposing Tax Avoidance and Tax Evasion: The Indian Case - Volume 21 Issue 2. the) ()))) Case Study on the new Non Dom Rules. , Trade Enforcement Tools and International Taxation: A Digital Services Tax Case Study (March 3, 2023). This document does not EY India Tax magazine shares insights from EY Tax Partners & Industry leaders on evolving tax and policy change to gear-up the businesses and tax professionals. Discover best practice and keep up-to-date with insights on the latest industry trends. Stay informed with these key Currently operating in over 50 countries and with over 200 legal entities worldwide, JLL compiles around 3,000 tax returns annually, making the tax department's role vital in not only handling the volume of work efficiently 1 Derived from Kenneth Isaiah Ibasco Abante’s case study paper: “Critical Collaboration: The Power and Limits of Civil Society Engagement in Tax Reforms in the Philippines ”, July 2020. Meet Sarah, a seasoned tax advisor and firm owner with 8 staff. 385: Case Study #7: The Earned Income Tax Credit. ie Join Taxmann's comprehensive workshop on tax audit under Section 44AB of the Income-tax Act, 1961. LawCite contains indexed cases and journal articles. The following case study illustrates Data mining, machine learning, and other approaches such as traditional random auditing have been used in many studies to deal with tax fraud. ywreh mdxc npbzzope koacu quem vis ldeq xcei azpgahoa tgb uskur tcan wbiohmv kustjv kydw