International updates - March 2017

International Tax Review is part of Legal Benchmarking Limited, 4 Bouverie Street, London, EC4Y 8AX

Copyright © Legal Benchmarking Limited and its affiliated companies 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

International updates - March 2017

intl-updates-large.jpg

The latest international updates from our correspondents around the world.

Australia: Australian government submits DPT Bill to parliament

Brazil: Brazil releases guidance on applying withholding tax on payments for software licences

Canada: Canadian committee report recommends tighter Canadian voluntary disclosure programme

Chile: First consultation on the applicability of the Chilean GAAR

China: Tax implications of China’s regulatory rules on cross-border leverage

Cyprus: Circular in Cyprus sheds light on transfer pricing adjustments

Egypt: Egypt to issue Executive Regulations on VAT Law

EU: EU public country-by-country reporting

Georgia: Georgia and Liechtenstein DTA enters into force

Germany: Germany proposed limitations on tax deductibility of royalty payments

Greece: When is it the right time for fiscal stimulus?

Hong Kong: Hong Kong plans new tax regime for aircraft leasing

India: India budget’s key tax proposals

Indonesia: New policy to allow tax authorities to access banks’ taxpayer data

Ireland: Moscovici in Ireland to discuss CCCTB

Italy: VAT group regime in Italy

Luxembourg: Views on the Luxembourg tax reform

Mexico: Decree on capital repatriation

Montenegro: Tax debt payment plan introduced in Montenegro

Netherlands: Revised Netherlands innovation box applied to software companies

New Zealand: New Zealand releases discussion document on modernising tax administration

Norway: Breach of EEA law rejected and plans to change interest cap rules announced

Poland: Poland overhauls structure of fiscal administration

Russia: Russian MAP Profiles: A step forward in resolving treaty-related disputes

Serbia: Serbia adopts amendments to VAT Law

South Africa: The spectre of withholding tax on service fees finally laid to rest

Spain: New transfer pricing documentation requirements become applicable to MNEs

Switzerland: Swiss voters reject Corporate Tax Reform III in its proposed form

Turkey: Turkey introduces a new scheme to boost investment in underdeveloped areas

US Inbound: Executive Order could displace recent tax regulations

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
Gift this article