• France: Tax authorities publish final version of DAC 6 guidelines
• Australia: ATO finalizes long-awaited transfer pricing guidance on interest-freee loans
• Australia: Significant reforms to foreign investment rules enacted
• Canada: Sales tax and the digital economy: Summary of recent changes
• India: High Court confirms discount on options granted under an ESOP is deductible
• Italy: Guidance issued on implementation of DAC 6
• Taiwan: Draft amendments to Biotech and New Pharmaceutical Development Act announced
• United Kingdom: Guidance on post-transition period indirect taxation issues released
• United States: Additional TCJA guidance released
• United States: GILTI high-tax exception corrections released
• United States: Unrelated business taxable income “silo” rules clarified in final regulations
• Tax treaty round up

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