Number 7 -2007 contains the following:
 

This article analyses the scope for simplicity in the context of a "common consolidated corporate tax base" . The article considers the prospects of simplifying or removing the complex rules currently dealing with e.g. transfer pricing, double taxation and asset depreciation. It also focuses on the possibilities of reducing the compliance costs for companies operating within the EU and addresses the risk of new complexities.

This article summarizes the discussions at Seminar F (The need and scope for coordination of tax policies in the European Union) at the 2006 IFA Congress in Amsterdam. The article first gives some introductory remarks and then considers two case studies - one pertaining to cross-border losses and the other to exit taxes.

This article explores whether, in an increasingly globalized world, either an exclusive residence-based tax system or an exclusive source-based tax system would provide a viable (and perhaps simpler) solution to accommodate international transactions, many of which now occur electronically. The article discusses each system generally, looks at how each could be implemented, and examines the arguments both in support and against each system.

This article examines two recent New Zealand cases to see what guidance they provide on the capital-revenue distinction, one of the most complex areas of New Zealand's tax law. The first case is the decision of the New Zealand Court of Appeal in Fullers Bay of Islands Ltd v. CIR. The second is the decision in Case X26, heard by the Taxation Review Authority. The last part contains the author's concluding comments and observations.