• India: AAR rejects applications to confirm capital gains exemption under Mauritius treaty
• Canada: Observations on recently released CRA guidance on international tax issues
• Cyprus: Amendments to notional interest deduction rules published
• European Union: CJEU AG opines on right of “active” holding company to deduct VAT
• Germany: COVID-19: Government approves economic stimulus bill
• India: Sales by nonresident through independent resident agent held not subject to WHT
• New Zealand: COVID-19: The latest wage subsidy information
• Nigeria: Clarifications on significant economic presence concept released
• Oman: Government announces implementation of tax card system
• Singapore: Tax treatment of payments made under separation agreement clarified
• United States: New PPP guidance addresses concerns about loan forgiveness “cliff”

For the latest developments from various countries on measures in response to COVID-19, please visit the new Deloitte tax@hand COVID-19 page.