Das neue DBA Österreich – Japan ist mit 27.10.2018 in Kraft getreten und ist für Steuerjahre ab dem 1.1.2019 anwendbar. Im Vergleich zum alten DBA aus 1963 entspricht das neue DBA weitestgehend dem aktuellen OECD Musterabkommen 2017. Als erstes österreichisches DBA beinhaltet es – in Anlehnung an das OECD Musterabkommen 2017 – bereits in weiten Bereichen BEPS-konforme Regelungen. Entsprechend wird auch in der Präambel des neuen DBA die OECD-konforme Zielsetzung des Abkommens festgehalten: Die Beseitigung der Doppelbesteuerung ohne dadurch Möglichkeiten zur Nicht- oder Niedrigbesteuerung durch Steuerverkürzung oder -umgehung zu schaffen. Im folgenden Beitrag sollen einige wesentliche Änderungen im Überblick dargestellt werden: Continue reading Das neue Doppelbesteuerungsabkommen Österreich – Japan →

Steuern International

World Tax Advisor 3 May 2019

3. May 2019 Marketing

The World Tax Advisor 3 May includes in particular:

Singapore: Singapore tax authorities to publish summarized advance rulings
British Virgin Islands: Draft Economic Substance Code released
Denmark: Eastern High Court rejects dividend WHT refund claims by nonresident UCITS
Denmark: VAT rules on triangular transactions revised
Japan: OECD’s hard-to-value intangibles approach to apply
Jersey, Guernsey, Isle of Man: Guidance on economic substance legislation released
Luxembourg: 2019 budget law approved
Netherlands: Decree issued on state supervision of investment funds
Qatar: Guidance issued on transitional application of new income tax law

Steuern International

World Tax Advisor 26 April 2019

26. April 2019 Marketing

The World Tax Advisor 26 April includes in particular:

India: India’s High Court clarifies that APAs, MAP agreements may have persuasive value
Canada: Federal budget proposes change to treatment of employee stock options
China: New requirements relating to declaration of dutiable royalties
Cyprus: EU ATAD 1 transposed into domestic law
Greece: New incentives introduced for Greek branches of foreign and Greek entities
India: ITAT rules on taxability of commission earned by nonresident agents outside India
Ireland: VAT and RCT considerations for commercial lesses
New Zealand: What is next for the tax system?
Taiwan: Measures to reduce surtax on undistributed earnings passed by Executive Yuan
Tax treaty round up

Steuern International

World Tax Advisor 19 April 2019

19. April 2019 Marketing

The World Tax Advisor 19 April includes in particular:

Pakistan: Pakistan’s 2019 supplementary finance act includes beneficial measures
Brazil: Tax reform proposed to eliminate various taxes and introduce “unified VAT”
European Union: EU agrees further extension for Brexit
Germany: Domestic royalty WHT will not be applied to cross-border payments for online ads
Greece: List of juristictions with preferential tax regimes for FY 2018 published
Israel: Supreme Court rules application of CFC rules cannot be considered on group basis
Italy: Clarifications provided on proof of intra-EU transport of goods
Italy: Clarifications provided on VAT treatment of payments via electronic money
Japan: 2019 tax reform measures enacted
Taiwan: Corporate income tax implications on re-domicilation of foreign subsidiary clarified
United States: Congressional taxwriting leaders reject unilateral digital services taxes

Steuern International

World Tax Advisor 12 April 2019

12. April 2019 Marketing

The World Tax Advisor 12 April includes in particular:

Australia: Australian Full Federal Court decision affects private investment funds
European Union: CJEU finds certain sale and leaseback transactions are outside scope of VAT
Germany: BFH on trade tax exemption for partner in real estate managing partnership
Germany: BFH rules merger gain is tax exempt in upstream merger in fiscal unity cases
Nigeria: FIRS guidelines on mutual agreement procedure
OECD: Expansion of ICAP pilot announced at Forum on Tax Administration meeting
Panama: Tax fraud criminalized
United Kingdom: Guidance issued on social security contributions in event of a no-deal Brexit
United Kingdom: Further extension to 13th Directive claims deadline for US businesses

Steuern International

World Tax Advisor 5 April 2019

5. April 2019 Marketing

The World Tax Advisor 5 April includes in particular:

European Union: European Commission concludes element of UK CFC rules constitutes illegal state aid
Argentina: Measures proposed to promote knowledge economy
Australia: Federal budget 2019-20 handed down
Australia: The sound of silence on R&D
Barbados: 2019 budget includes introduction of transfer pricing and thin capitalization rules
Belgium: Law and royal decree published on mobility budget for employee transportation
Czech Republic: Tax package that implements EU ATAD approved
Finland: Changes made to divided withholding tax procedure for nominee-registered shares
Mexico: VAT and income tax incentives for taxpayers in northern border region clarified
OECD: Report issued on role of online marketplaces in collecting VAT/GST
Portugal: Update on transposition of EU ATAD into domestic law

Steuern International

Neue Vorausmeldungsverpflichtung bei Steuerrückerstattung durch Ausländer

1. April 2019 Torben Lind

Ab 1.1.2019 haben beschränkt Steuerpflichtige vor der Stellung eines Rückerstattungsantrags betreffend Kapitalertrag-, Lohn- oder sonstiger Abzugsteuern verpflichtend eine Vorausmeldung beim zuständigen Finanzamt auf elektronischem Weg abzugeben. Continue reading Neue Vorausmeldungsverpflichtung bei Steuerrückerstattung durch Ausländer →

Steuern International

World Tax Advisor 29 March 2019

29. March 2019 Marketing

The World Tax Advisor 22 March includes in particular:

Austria: Austria introduces comprehensive CFC regime
China: VAT rates to be reduced as from 1 April 2019
European Union: EU announces that preparations for no-deal Brexit are complete
European Union: Hong Kong removed from EU watchlist on tax cooperation
European Union: European Commission invites comments on Madeira state aid investigation
Greece: Reduction of withholding and income tax rates on dividends
Italy: New tax return form approved for quarterly VAT refnd claims
Mexico: Proposal released to allow general tax offsettings
Saudia Arabia: GAZT publishes VAT guide in Islamic finance
United Kingdom: HM Revenue & Customs publish no-deal Brexit withholding tax guidance
United States: Treasury department issues policy statement on tax regulatory process
Tax treaty round up

Steuern International

World Tax Advisor 22 March 2019

22. March 2019 Marketing

The World Tax Advisor 22 March includes in particular:

Spain: Spain and UK sign tax agreement on Gibraltar
Australia: Interim digital services tax will not be introduced
Belgium: Federal tax rules to be adapted to new Companies and Associations Code
Bermuda: Bermuda included on updated EU list of noncooperative jurisdictions
Canada: 2019-2020 federal budget highlights
Hong Kong: Laws on tax treatment of financial instruments, tax exemption for funds enacted
Ireland: Proposed VAT amendments post-Brexit
Netherlands: Draft decree contains transition rules relating to non-deal Brexit
Netherlands: Consultation launched on bill on excessive borrowing by individual shareholders
United Arab Emirates: UAE included on updated EU list of noncooperative jurisdictions
United Kingdom: Brexit: Announcements on UK tariffs, Irish border controls in event of “no deal”

Steuern International

World Tax Advisor 15 March 2019

15. March 2019 Marketing

The World Tax Advisor 15 March includes in particular:

Luxembourg: Luxembourg releases draft budget law for 2019
China: VAT rates to be reduced
Colombia: Transitional regime for dividends clarified
European Union: ECOFIN expands noncooperative jurisdiction list
European Union: European Union requests Finland to amend group contribution rules
Germany: BFH allows limited cash pool netting for trade tax purposes
India: Operating guidelines for North Eastern Industrial Development Scheme issued
Italy: Supreme Court, tax authoritites take different positions on dividend WHT exemption
Italy: Clarifications on “portfolio management of investment in real estate”
Sweden: Proposal would allow withholding tax deferral for nonresident loss-making companies
United States: BEAT consinderations for foreign corporations with US branches

Steuern International

World Tax Advisor 8 March 2019

8. March 2019 Marketing

The World Tax Advisor 8 March includes in particular:

European Union: CJEU interprets concept of beneficial ownership in EU directives
Australia: Similar business test now law
Australia: Consultation launched on changes to tax transparency code
British Virgin Islands: Country-by-country reporting guidance notes released
Colombia: Draft resolution provides details of tax treaty mutual agreement procedure
France: Proposed digital services tax legislation released
Germany: Lower house of parliament finalizes Brexit Tax Implementation Act
India: New measures announced to encourage investment in start-ups
United States: Proposed regulations released on deduction for FDII and GILTI

Steuern International

World Tax Advisor 1 March 2019

1. March 2019 Marketing

The World Tax Advisor 1 March includes in particular:

Singapore: Singapore’s Budget 2019 includes extension of certain tax incentives
Germany: Applicability of royalty WHT to payments for online ads under consideration
Hong Kong: 2019/20 budget analysis
India: Beneficial ownership rules amended
New Zealand: Tax Working Group releases final report on the future of tax
South Africa: 2019 budget announced
Spain: Parliament rejects budget bill 2019
Sweden: Public consultation on proposal to expand scope of anti-hybrid rules
United Kingdom: Brexit: Making claims for EU VAT incurred in 2018

Steuern International

World Tax Advisor 22 February 2019

22. February 2019 Marketing

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