International updates - September 2018

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International updates - September 2018

International Updates

The latest international updates from our correspondents around the world.

Albania changes law on building tax

Argentina: Tax treaty developments in Argentina

Australia: Changes to corporate residency guidelines and other international tax developments

Bosnia and Herzegovina: BH’s Republic of Srpska issues rulebook on tax adviser licence

Canada: Québec sales tax amendments targeting digital supplies

Chile: Update on preferential tax regimes

China: Details of personal income tax reform released; VAT and corporate income tax support for innovation activities

Cyprus: New alternative investment funds legislation

European Union: Public country-by-country reporting in the EU off the tracks, for now

Germany: DEMPE analysis for CUP studies

Hong Kong: Hong Kong introduces new transfer pricing regime

Indian Authority for Advance Rulings rules on PE and income characterisation

Indonesia: New taxation rules for certain mineral mining companies

Italy: Mid-term update on direct and indirect taxation topics

Luxembourg: Luxembourg releases bill to implement ATAD I

FYR Macedonia: FYR Macedonia re-extends period for preferential VAT rate applications on first sale of residential buildings

Malta: Extension to Malta’s tax treaty network

New Zealand: Beneficial ownership public register under discussion

Poland: Tax exemption for new investments

Serbia: Serbian arm’s-length interest rates for 2018

South Africa: Proposed international tax amendments

Spain: Inheritance agreements under Spanish inheritance tax: Worth anticipating the taxable event?

Switzerland: New guidelines that allow for deducting equity incentive programme expenses in Swiss statutory accounting

Turkey: Turkey introduces new exceptions on FX loans

US Inbound: New York State Bar Association report on BEAT

more across site & shared bottom lb ros

More from across our site

ITR spoke to two US TP experts about the long-running dispute, with one arguing that the case highlights ‘weaknesses’ with the comparable uncontrolled transaction method
The new practice, which features former ‘big four’ experience, already has over 20 team members
Speakers from companies including Uber and Stripe told the inaugural AI in Tax Forum to brace for impending changes to how advisers work
Authors from Khaitan & Co dissect a ‘welcome’ ruling, which found that the mere existence of a tax benefit would not, by itself, warrant a principal purpose test
Over two-thirds of survey respondents back the continuation of the UK’s digital services tax, research commissioned by the Fair Tax Foundation also found
Given the US/G7 pillar two deal, the OECD is in danger of being replaced by the UN as the leading global tax reform forum
Cinven’s latest investment follows its acquisition of a stake in Grant Thornton UK in December; in other news, a barrister listed by HMRC as a tax avoidance promoter has alleged harassment
CIT base narrowing measures remain more prevalent than increased CIT rates, the report also highlighted
ITR's parent company, LBG, will acquire The Lawyer, a leading news, intelligence and data-driven insight provider for the legal industry, from Centaur Media
KPMG UK’s Graeme Webster and KPMG Meijburg & Co’s Eduard Sporken outline the 20-year evolution of MAPAs, with DEMPE analyses becoming more prevalent and MAPA requirements growing stricter
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