Tag Archives: European Union

World Tax Advisor 12 July 2019

World Tax Advisor 28 June 2019

World Tax Advisor 21 June 2019

World Tax Advisor 17 May 2019

World Tax Advisor 19 April 2019

World Tax Advisor 12 April 2019

World Tax Advisor 29 March 2019

World Tax Advisor 15 March 2019

World Tax Advisor 8 March 2019

World Tax Advisor 22 February 2019

World Tax Advisor 8 February 2019

The World Tax Advisor 8 February includes in particular:

  • Peru: Income tax regulations updated to implement significant tax changes in Peru
  • Belgium: ATAD interest deduction limitation rules apply as from 1 January 2019
  • Botswana: Transfer pricing, interest deductibility regimes enacted, IFSC regime amended
  • Denmark: Guidance issued on extension of interest exemption under thin cap rules
  • European Union: European Commission requests Germany to revise exit tax rules
  • France: Digital services tax proposal to be presented to parliament
  • Portugal: 2019 budget law contains corporate, individual and indirect tax changes
  • South Africa: VAT e-services regulations amended
  • Thailand: International Business Center regime enacted

World Tax Advisor 1 February 2019

World Tax Advisor 18 January 2019

The World Tax Advisor 18 January includes in particular:

  • Italy: Italy’s 2019 budget law introduces new digital services tax
  • Australia: Simplified transfer pricing record keeping options updated
  • British Virgin Islands: Legislation on economic substance passed
  • European Union: European Commission considers process of making EU tax policy
  • Italy: Legislative decree transposing EU ATAD includes significant changes to tax law
  • Mexico: Tax incentives granted to taxpayers in northern border region
  • Mexico: New decrees may give rise to constitutional challenges in court
  • Netherlands: 2019 tax package enacted
  • United Kingdom: New compliance facility introduced for diverted profits tax
  • United Kingdom: Review of corporate intangible fixed assets regime
  • Uruguay: Guidance on CbC reporting requirements issued

World Tax Advisor 11 January 2019

The World Tax Advisor 11 January includes in particular:

  • France: Finance law for 2019 implements ATAD 1 measures, changes tax consolidation rules
  • Bermuda: Legislation on economic substance passed
  • China: Final IIT regulations revise draft rules
  • Colombia: Tax reform legislation includes progressive reduction in corporate income tax rate
  • European Union: Commission concludes state aid investigation of Gibraltar
  • Japan: Diet approves 2019 tax reform proposals
  • Luxembourg: Law implementing ATAD 1 published in official gazette
  • Netherlands: List of low tax jurisdictions published
  • Romania: Tax on financial assets of banks introduced
  • Saudi Arabia: Draft zakat regulations released for public comment
  • Sweden: New penalty introduced for FATCA/CRS reporting violations
  • Sweden: Server can be considered a permanent establishment
  • Uruguay: Requirments relating to free zones modified

 

World Tax Advisor 21 December 2018

The World Tax Advisor 21 December includes in particular:

  • Saudi Arabia releases draft transfer pricing regulations
  • Belgium: Transfer pricing documentation deadline extended
  • Cambodia: 2019 tax law changes would distinguish between legal and “physical” persons
  • Cyprus: CbC reporting deadline extended
  • European Union: CJEU rules German RETT intragroup exemption in line with EU state aid rules
  • Finland: Final interest deduction limitation rules include changes to group ratio rule
  • Greece: Capital tax exemption introduced for capital investments in R&D
  • Italy: Tax amnesty introduced for taxpayers to settle their tax positions
  • Malta: EU ATAD implemented into domestic law
  • Netherlands: New income thresholds for highly skilled migrants
  • Sweden: New precedent on taxation of stock options

 

World Tax Advisor 16 November 2018

The World Tax Advisor 16 November  includes in particular

  • Finland proposes changes to CFC rules based on EU ATAD
  • Egypt: Updated transfer pricing guidelines issued
  • European Union: Directive allowing reduced VAT rates adopted
  • European Union: Namibia removed from EU list of
    noncooperative jurisdictions
  • Guernsey: Draft regulations on company economic
    substance published
  • Hong Kong: Discussion paper released on proposed
    tax exemption for investment funds
  • Italy: Tax authorities clarify VAT grouping
    rules and VAT treatment of transfer
    pricing adjustments
  • Peru: Due date extended for filing CbC report
    for FY 2017
  • South Africa: SARS proposes penalty for failure to
    file income tax returns
  • United Kingdom: Public consultation on proposed digital
    services tax launched
  • United States: Deadlines to request competent
    authority assistance in transfer pricing
    disputes

 

World Tax Advisor 12 October 2018

The World Tax Advisor 12 October includes in particular:

  • Ireland budget 2019 includes measures to implement EU ATAD
  • Bahrain: VAT to be introduced as from 1 January 2019
  • Belgium: Cooperative tax compliance program pilot to launch at end of 2018
  • El Salvador: Changes made to information required in transfer pricing report form
  • European Union: EU council agrees on proposals to reform VAT system
  • France: Income tax withholding considerations regarding internationally mobile employees
  • Germany: MOF publishes first draft of Brexit Tax Implementation Act
  • Hong Kong: Overview of tax law changes under new BEPS law
  • Ireland: Taxpayers can be selected for “compliance interventions” based on risk factors
  • Thailand: BEPS-type transfer pricing documentation rules to be introduced
  • United Kingdom: MLI enters into force in respect of UK

World Tax Advisor 5 October 2018

The World Tax Advisor 5 October includes in particular:

  • Australia releases discussion paper on taxation of
    digital economy
  • Belgium: New register of ultimate beneficial owners introduced
  • El Salvador: Tax amnesty period further extended
  • European Union: Liechtenstein, Peru removed from “grey” list of noncooperative jurisdictions
  • European Union: CJEU rules German trade tax rules violate EU law
  • Finland: Proposed rules would implement EU ATAD into domestic law
  • New Zealand: R&D tax incentive scheme details announced
  • OECD: Four countries deposit MLI ratification instruments, Aruba joins inclusive framework
  • Qatar: CbC reporting legislation implemented

World Tax Advisor 28 September 2018

The World Tax Advisor 28 September includes in particular:

  • French 2019 finance bill contains BEPS / EU ATAD 1 measures
  • Australia: R&D tax measures introduced into parliament
  • European Union: Commission finds no impermissible state aid in Luxembourg tax ruling case
  • Netherlands: Consultation on tax treaty policy and
    low-tax jurisdictions list
  • New Zealand: Perspectives on Tax Working Group
    interim report
  • Nigeria: FIRS releases new transfer pricing
    rules
  • Peru: Rules on PEs, interest expense
    deductibility, indirect transfers revised
  • Peru: Suspension of general anti-avoidance
    rule lifted
  • United States:House bill addresses sales tax
    collection post-Wayfair