International updates - July/August 2016

July 19, 2016

The latest international updates from our correspondents around the world.

Argentina: Tax amnesty and developments sent to Congress

Brazil: Computer software included in the concept of copyrights for the purposes of the double tax convention between Brazil and Finland

Canada: Important Deadline Approaching under Canada’s “upstream loan” Rules

Chile: Entry into force regime for Chile’s General Anti-Avoidance Rule

Chile: Understanding the new employee stock option plans

Cyprus: Cyprus immovable property tax reform

Germany: Draft tax law includes BEPS measures including CbCR requirements

Greece: Treaty analysis: Greece-Cyprus DTT tax credit mechanism relating to dividend payments

India: Renegotiation of tax treaties by India

Indonesia: New tax amnesty law and real estate investment funds in Indonesia

Ireland: Guidance published on secondary reporting mechanism for CbC reporting

Italy: Advance ruling for new investments in light of the recent clarifications provided by tax authorities

Luxembourg: Crowdfunding in the EU: VAT consequences

New Zealand: Changes coming for employee share schemes

Norway: Foreign shareholders face 10-year withholding tax reassessments after Supreme Court ruling

Poland: GAAR comes into force in Poland

Russia: Companies must comply with new waste rules or face environmental tax

Serbia: Serbia clarifies registration of foreign entities for VAT purposes

South Korea: Recent ruling clarifies whether foreign limited partnership can be looked through for purposes of treaty application

Spain: Participation exemption in ‘pure holding companies’

Switzerland: Swiss parliament approves Corporate Tax Reform III

US Inbound: Medtronic wins US transfer pricing case

Tags

Sponsored ITR Magazine July/August 2016

more across site & bottom lb ros

More from across our site

This week in tax: Premier League clubs face tax claims

Premier League football clubs are accused of avoiding paying up to £470 million in UK tax, while Malta is poised to overhaul its unique corporate tax system.

Josh White, March 31, 2023

Local Insights

Taxing shifted profits – how to tackle the new challenge in Poland

Bartosz Doroszuk of MDDP offers insights on Poland’s new tax legislation on shifted profits, as the implementation deadline looms nearer.

Bartosz Doroszuk , March 30, 2023

Big Ben and the Houses of Parliament at night in London, UK

Companies confident of complying with UK’s new TP rules

Four tax specialists preview the UK’s transfer pricing requirements, which come into effect on April 1.

Courtney Wilson, March 30, 2023

Analysis: Concerns mount over QDMTTs, but countries press ahead

The rise of the QDMTT will likely change how countries compete on tax and transfer pricing policy, but it may not reverse decades of falling corporate tax rates.

Josh White, March 30, 2023

EU - pillar two.jpg

ITR Spring Issue 2023: Editorial

ITR’s latest quarterly PDF is going live today, leading on the EU’s BEFIT initiative and wider tax reforms in the bloc.

Josh White, March 28, 2023

HMRC 2000x.jpeg

COVID behind plunge in UK tax evasion cases, say sources

COVID-19 and an overworked HMRC may have created the ‘perfect storm’ for reduced prosecutions, according to tax professionals.

Courtney Wilson, March 27, 2023

UN large

UN public consultation highlights divisions over global tax policymaking

Participants in the consultation on the UN secretary-general’s report into international tax cooperation are divided – some believe UN-led structures are the way forward, while others want to improve existing ones. Ralph Cunningham reports.

Ralph Cunningham, March 27, 2023

germany berlin reichstag building german parliament bundestag - Concept piece for power, authority, economy, performance, government, planning and control.

This week in tax: Germany publishes corporate minimum tax plan

The German government unveils plans to implement pillar two, while EY is reportedly still divided over ‘Project Everest’.

Josh White, March 24, 2023

Sponsored

Building value – ITR’s M&A Guide 2023 launched

With the M&A market booming, ITR has partnered with correspondents from firms around the globe to provide a guide to the deal structures being employed and tax authorities' responses.

Phil Myers, March 23, 2023

Shanghai is the financial centre of China

UFLPA’s influence on MNEs’ TP comparability analysis in China

Xing Hu, partner at Hui Ye Law Firm in Shanghai, looks at the implications of the US Uyghur Forced Labor Protection Act for TP comparability analysis of China.

Xing Hu, March 23, 2023