''ITR'', previously known as ''International Tax Review'', is a

business-to-business Business-to-business (B2B or, in some countries, BtoB) refers to trade and commercial activity where a business sees other businesses as its customer base. This typically occurs when: * A business sources materials for its production process for ...

publication focused on news analysis of

tax policy Tax policy refers to the guidelines and principles established by a government for the imposition and collection of taxes. It encompasses both microeconomic and macroeconomic aspects. The former focuses on issues of fairness and efficiency in ta ...

and

tax advice A tax advisor or tax consultant is a person with advanced training and knowledge of tax law. The services of a tax advisor are usually retained in order to minimize taxation while remaining compliant with the law in complicated financial situations ...

from around the world. This remit includes

transfer pricing Transfer pricing refers to the rules and methods for pricing transactions within and between enterprises under common ownership or control. Because of the potential for cross-border controlled transactions to distort taxable income, tax authorit ...

corporate tax A corporate tax, also called corporation tax or company tax or corporate income tax, is a type of direct tax levied on the income or capital of corporations and other similar legal entities. The tax is usually imposed at the national level, but ...

and

indirect tax An indirect tax (such as a sales tax, per unit tax, value-added tax (VAT), excise tax, consumption tax, or tariff) is a tax that is levied upon goods and services before they reach the customer who ultimately pays the indirect tax as a part of ...

, particularly

VAT A value-added tax (VAT or goods and services tax (GST), general consumption tax (GCT)) is a consumption tax that is levied on the value added at each stage of a product's production and distribution. VAT is similar to, and is often compared wi ...

and

sales tax A sales tax is a tax paid to a governing body for the sales of certain goods and services. Usually laws allow the seller to collect funds for the tax from the consumer at the point of purchase. When a tax on goods or services is paid to a govern ...

. The magazine provides in-depth and strategic coverage of policy developments at the EU and the

OECD The Organisation for Economic Co-operation and Development (OECD; , OCDE) is an international organization, intergovernmental organization with 38 member countries, founded in 1961 to stimulate economic progress and international trade, wor ...

, particularly the latter's BEPS project.

History and content

''International Tax Review'' was launched in

London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...

in November 1989 to cater to the tax services industry, publishing academic papers and covering court judgments on tax law. Over the years ''ITR'' has interviewed numerous politicians, including European commissioners

Margrethe Vestager Margrethe Vestager (; born 13 April 1968) is a Denmark, Danish politician who formerly served as Executive Vice President of the European Commission for A Europe Fit for the Digital Age between December 2019 and November 2024 in the Von Der Leye ...

and

Pierre Moscovici Pierre Moscovici (, ; born 16 September 1957) is a French politician who served as the European Commissioner for Economic and Financial Affairs, Taxation and Customs from 2014 to 2019. He previously served as Minister of Finance from 2012 to ...

, as well as top tax professionals from companies such as Philip Morris,

Microsoft Microsoft Corporation is an American multinational corporation and technology company, technology conglomerate headquartered in Redmond, Washington. Founded in 1975, the company became influential in the History of personal computers#The ear ...

and

Johnson & Johnson Johnson & Johnson (J&J) is an American multinational pharmaceutical, biotechnology, and medical technologies corporation headquartered in New Brunswick, New Jersey, and publicly traded on the New York Stock Exchange. Its common stock is a c ...

. ITR follows the debate on

tax avoidance Tax avoidance is the legal usage of the tax regime in a single territory to one's own advantage to reduce the amount of tax that is payable. A tax shelter is one type of tax avoidance, and tax havens are jurisdictions that facilitate reduced taxe ...

, inequality and wealth distribution, often reporting on the

Tax Justice Network The Tax Justice Network (TJN) is a British advocacy group consisting of a coalition of researchers and activists with a shared concern about tax avoidance, tax competition, and tax havens. Activity Research The TJN has reported on the OECD ...

and scandals like the Paradise Papers. In one case, ITR covered a debate at the

between low-tax advocate

Arthur Laffer Arthur Betz Laffer (; born August 14, 1940) is an American Economics, economist and author who first gained prominence during the Presidency of Ronald Reagan, Reagan administration as a member of Reagan's Economic Policy Advisory Board (1981–19 ...

and tax campaigner Richard Murphy on the impact of

tax competition Tax competition, a form of regulatory competition, exists when governments use reductions in fiscal burdens to encourage the inflow of productive resources or to discourage the exodus of those resources. Often, this means a governmental strategy o ...

, whether it is possible to regulate tax competition and what such a regulatory framework would look like.

Range

Since the early 2000s, ITR has regularly organised conferences like the Global Transfer Pricing Forum, Women in Tax and the Indirect Tax Forum. At the same time, the magazine has published the World Tax Guide in which it rates law and accounting firms. This includes firms like

Deloitte Deloitte is a multinational professional services network based in London, United Kingdom. It is the largest professional services network in the world by revenue and number of employees, and is one of the Big Four accounting firms, along wi ...

, EY,

PwC PricewaterhouseCoopers, also known as PwC, is a Multinational corporation, multinational professional services network based in London, United Kingdom. It is the second-largest professional services network in the world and is one of the Big Fo ...

and

KPMG KPMG is a multinational professional services network, based in London, United Kingdom. As one of the Big Four accounting firms, along with Ernst & Young (EY), Deloitte, and PwC. KPMG is a network of firms in 145 countries with 275,288 emplo ...

Awards

ITR's awards program recognizes leading tax and transfer pricing firms. The group hosts three award ceremonies annually, recognizing the best work carried out in the Asia-Pacific, EMEA and Americas regions. In 2020,

was announced as the biggest winner across the Americas
Caspian Legal Center
from Azerbaijan, has been awarded as the Tax Firm of the Year in 2023 and 2024, and Transfer Pricing Firm of the Year in 2024 in the CIS region.

TP Week

ITR launched a sister publication called Transfer Pricing Week (later renamed TP Week) in 2007 to provide specialist coverage of international tax matters and policy, particularly issues like the

arm’s length principle The arm's length principle (ALP) is the condition or the fact that the parties of a transaction are independent and on an equal footing. Such a transaction is known as an "arm's-length transaction". It is used specifically in contract law to ar ...

and controversies around EU state aid law. The publication ran until August 2019 when TP Week was wound up and the two platforms were merged into one.

Ownership

As part of the Legal Media Group (LMG), ITR is published by

Euromoney Institutional Investor Delinian (formerly Euromoney Institutional Investor) is a British financial media company that has interests in business and financial publishing and event organisation. , it was one of Europe's largest business and financial information comp ...

, one of the biggest finance and business publishing companies in Europe. Euromoney is a

FTSE 250 The Financial Times Stock Exchange 250 Index, also called the FTSE 250 Index, FTSE 250, or, informally, the "Footsie 250" , is a stock market index that consists of the 101st to the 350th mid-cap blue chip companies listed on the London Stock ...

company and was owned by the Daily Mail and General Trust Group until it was spun-off in 2019.

References

{{Reflist

External links

ITR Website
Magazines established in 1989 Accounting magazines Business-to-business Business magazines published in the United Kingdom International taxation Professional and trade magazines 1989 establishments in the United Kingdom Magazines published in London