The World Tax Advisor 22 February includes in particular:

• Malaysia: Changes to Malysia’s incentive regimes include modifications in line with BEPS action 5
• Costa Rica: First draft regulations to implement VAT released
• European Union: EU General Court annuls excess profit rulings state aid decision
• Germany: Guidance issued on application of trade tax rules following CJEU decision
• Guatemala: Detail on suppliers to be reported in monthly VAT returns
• Iceland: Ceiling for R&D tax credit increased
• Ireland: Public consultation sought views on ATAD interest limitation and hybrid provisions
• New Zealand: Interim digital services tax to be implemented ahead of OECD work
• OECD: Peer review reports released on treaty shopping and tax dispute resolution
• Saudi Arabia: GAZT issues final transfer pricing regulations
• Taiwan: Legislation on FTZ activities qualifying for corporate income tax exemption amended
• Tax treaty round up