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

The firm demonstrated its sweet spot of litigation with an international twist with the recent win for the Danish tax authority…but it’s not a tax case
The recently formed firm has taken a break from hiring EY talent to expand its transactional tax and tax technology capabilities
The AI platform, founded last year by two school friends, is partnering with challenger firms like Unity Advisory and A&M Tax to launch its own assault on the AI tax market
Not only has Aurtus received recognition from ITR in the past, but its founder was both a partner at KPMG and co-founder of Dhruva Advisors
Clients care more about considered counsel than rapid media-friendly soundbites, says Matthew Gilleard, associate director at Infinite
It was also a memorable night for Galicia, KPMG, Skadden and Pinheiro Neto, all of which scooped major awards at a gala ceremony in New York
The former Deloitte UK CEO earned a 45% raise in a year when 1,000 staff reportedly lost their jobs – and the pay gap is only getting bigger
In a seminal development for big law, the 95-year-old firm is set to cease operations after a series of high-profile partner departures
UK Chancellor John Healey extended a VAT cut, suspended tariffs, increased a bank surcharge and vowed to increase funding for HMRC
Kristine Riisberg warned that TP decisions can determine top-up tax exposure under pillar two, while global consensus over the rules remains unsettled
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