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Evaluation of inventories for oil and gas companies

  • Norton Rose LLP
  • -
  • Italy
  • -
  • July 8 2008

According to the Italian Tax Code, the evaluation of inventories for IRES purposes follows the evaluation method (i.e. LIFO, FIFO or average cost method) adopted for accounting purposes

CESR publishes a letter to IASB on revenue recognition in contracts with customers, and a response to an EFRAG comment letter

  • Norton Rose LLP
  • -
  • European Union, Global
  • -
  • August 6 2009

The Committee of European Securities Regulators (CESR) has published two letters

Denial of Canadian R&D tax credits not a CCPC based on de facto control

  • Norton Rose Canada LLP
  • -
  • Canada
  • -
  • February 22 2013

Under subsection 127(10.1) of the Income Tax Act (the Act), a Canadian-controlled private corporation (CCPC) may benefit from an additional 15

Government moves to make directors personally liable

  • Norton Rose LLP
  • -
  • Australia
  • -
  • October 10 2011

On 5 July 2011, the Federal Government released an exposure draft of the proposed amendments to the Tax Laws Amendment (2011 Measures No. 7) Bill 2011 (Bill) which will make company directors personally liable for unpaid Superannuation Guarantee Charge (SGC) contributions