International updates - April 2018

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International updates - April 2018

International Updates

The latest international updates from our correspondents around the world.

Australia: CGT, tax consolidation changes and RCF IV appeal

Belarus: Belarus makes a leap forward: legalises cryptocurrency and provides incentives for related income

Bosnia and Herzegovina: Amendments to the Law on Excise Duties in Bosnia and Herzegovina

Canada: Federal Court authorises CRA to obtain taxpayer information directly from PayPal Canada

Chile: Withholding tax of 35% on outbound payments for video games

China: Tax and regulatory reforms outlined as National People's Congress meets

Cyprus: Double tax treaty between Cyprus and Jersey enters into force

Georgia: Income tax treaty between Georgia and Moldova

Greece: ECJ decision on bad debt VAT relief could serve as a guide in many Greek cases

Hong Kong: A summary of Hong Kong's budget 2018 to 2019

India: No service tax applicable on reimbursements - Rule 5 beyond statute rules Supreme Court

Indonesia: New regulation on calculation of gross turnover

Italy: Ministry of Finance launches a public consultation on transfer pricing

Malta: Tonnage tax regime receives formal approval

New Zealand: New Zealand introduces further measures affecting investment in residential property

Poland: More tax exemptions but only for innovators and good employers

Portugal: European court rules on VAT on real estate transactions in Portugal

Russia: VAT on e-services broadens to cover B2B supplies in Russia from 2019

South Africa: 2018 budget: international tax proposals

Spain: Participation exemption regime: are losses obtained on intragroup transactions deductible?

Switzerland: Financial transactions transfer pricing - latest developments

Turkey: Important changes in the Turkish VAT system

more across site & shared bottom lb ros

More from across our site

The arrival of a seven-strong team from Baker McKenzie will boost WTS Germany’s transfer pricing capabilities and help it become ‘a European champion’, the firm’s CEO said
Germany has forgotten to think about digital reporting requirements, a WTS partner claimed at ITR’s Indirect Tax Forum 2025
E-invoicing is currently characterised by dynamism, with fragmentation acting as a key catalyst for increasing interoperability, says Aida Cavalera of the International Observatory on eInvoicing
Pillar two and the US tax system ‘could work in harmony’, Scott Levine tells ITR in an exclusive interview to mark his arrival at Baker McKenzie
Peter White, who has a tax debt of A$2 million, has been banned for five years from seeking registration with Australia’s Tax Practitioners Board (TPB)
Wopke Hoekstra’s comments followed US measures aimed against ‘unfair foreign taxes’; in other news, Grant Thornton and Holland & Knight made key tax partner hires
An Administrative Review Tribunal ruling last month in Australia v Alcoa represents a 'concerning trend' for the tax authority, one expert tells ITR
A recent decision underlines that Indian courts are more willing to look beyond just legal compliance and examine whether foreign investment structures have real business substance
Following his Liberal Party’s election victory, one source expects Mark Carney to follow the international consensus on pillar two, as experts assess the new administration
A German economics professor was reportedly ‘irritated’ by how the Finnish ministry of finance used his data
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