International updates - October 2016

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International updates - October 2016

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The latest international updates from our correspondents around the world.

Argentina: Tax promotional regime for energy generation through renewable sources

Australia: An overview of recent tax developments in Australia

Bosnia and Herzegovina: Bosnia and Herzegovina amends rules on counteracting money laundering and terrorist financing

Brazil: Brazil releases public consultation on mutual agreement procedures

Bulgaria: Bulgaria amends VAT Law and requires liquid fuel traders to provide collateral

Canada: Canada introduces debt-parking rules to prevent avoidance of foreign exchange gains

Chile: Chilean investors should check their tax residence

Croatia: Croatia publishes new bylaw on the automatic exchange of information

Cyprus: Cyprus amends property taxes and fees

Germany: Tax neutral cross-border downstream merger

India: Recent notable advance rulings in India

Indonesia: Tax treatment for having special purpose vehicles under the tax amnesty scheme

Italy: The new Italian ‘White List’ – tax opportunities for foreign investors

Luxembourg: Luxembourg introduces new alternative investment fund vehicle

Malta: Malta and securitisation cell companies

New Zealand: New Zealand government releases discussion document on tackling hybrid mismatches

Poland: International assignments – new labour law and standpoint of tax authorities

Romania: VAT compliance and reporting trends in Romania

Russia: Russia amends tax laws to involve taxpayers in audits with higher tax authorities

Spain: New tax regime applicable to capital gains due to change of residence

Switzerland: Geneva State Council releases plan on how to implement Corporate Tax Reform III

US Outbound: EC state aid investigation into tax rulings between a US multinational and Ireland

more across site & shared bottom lb ros

More from across our site

Recent news of job cuts at EY is symptomatic of how the PwC controversy has tarnished the reputation of the entire ‘big four’
Experts reportedly discussed extending the safe harbour to 2027 to give countries more time to legislate; in other news, Baker McKenzie and Greenberg Traurig made senior tax hires
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Submit your nominations to this year's WIBL Americas Awards by January 23
Recent changes in UK tax rules and cross-border requirements are generating high demand for specialist advice, according to MHA
Hany Elnaggar examines how Gulf Cooperation Council countries are internalising transfer pricing norms within evolving fiscal systems shaped by both Islamic and international influences
Where a TP study of comparables produces an arm’s-length range, and the taxpayer’s filed position is outside that range, HMRC will adjust to the median by default
EY, KPMG, Deloitte, and PwC have all seen a decrease in public sector contracts since the scandal – it is understood
Consoli, a tax partner at Brazilian law firm Martinelli Advogados, tells ITR about the importance of staying at the coalface and constantly learning
Despite legislative gridlock, international investors should be wary of legal precedents set by recent court rulings, which could substantially alter the Spanish tax environment
The new outfit, Ashurst Perkins Coie, will bring together around 3,000 lawyers across 23 countries
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