International updates - July/August 2017

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International updates - July/August 2017

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The latest international updates from our correspondents around the world.

Argentina: Argentine Tax Authorities accepts Supreme Court jurisprudence against Minimum Notional Income Tax constitutionality

Australia: ATO wins appeal on landmark Chevron transfer pricing decision

Bosnia and Herzegovina: Law on financial operations

China: Account due diligence measures to support automatic exchange of tax information

Brazil: Senate ratifies DTA with Russia and Protocol to India DTA; Official request to join the OECD; New federal tax debt settlement programme

Canada: Guidance relating to Canadian tax treaties and foreign limited partners

Chile: Commission services as exports

Chile: Chile’s new DTAs in force: Argentina again

China: Multilateral Instrument signed to update tax treaty network for BEPS

Cyprus: Permanent residency and citizenship rules boost investment

European Union: Update on public CbCR

Germany: Federal Constitutional Court finds change-in-ownership rules partially unconstitutional

Hong Kong: Aircraft leasing tax regime adjusted to comply with BEPS

India: MLI provisional list of reservations and notifications released

Indonesia: Update on tax audit regulations

Ireland: MLI signed

Italy: Enhanced relationships with the tax authorities

Luxembourg: Implementation of IGP exemption in VAT Directive too broad

Macedonia: Germany ratifies protocol amending Macedonia-Germany DTA

Malta: CRS developments

Netherlands: Implementation of master and local filing

New Zealand: High Court considers DTA tax sparing provisions

Norway: Alterations of the Norwegian tonnage tax regime

Poland: Fundamental change to Polish VAT due January 1 2018

Romania: Tax inspections and justifying documentation for service expenses

Russia: Russia signs up to MLI: key changes adopted

South Africa: Non-resident non-executive directors: VAT registration ruling

Spain: Potential recovery of Spanish energy taxes

Switzerland: Swiss Tax Reform Proposal 17 on track as first round of hearings are completed

Turkey: Introducing OECD’s common reporting standard

US Inbound: Partnership audit regime raises complexities

US Outbound: IRS Issues APA Statistics for 2016

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