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 has hired a team of private client lawyers from Withers to launch in New York and Connecticut, though ITR analysis suggests it faces stiff competition
The ability of tax authorities to receive and analyse data is becoming ‘quite advanced’, warns Stuart Lang, head of EY’s compliance co-sourcing solution
The Court of Appeal ruling clarifies that treaty benefits are not abusive where transactions are commercially driven, providing greater certainty on “main purpose” anti-avoidance tests
Despite the Netherlands featuring an unusual concentration of World Tax-ranked technology-led providers, sources believe there’s a long way to go to challenge the established players
Ethics seems to be playing a subservient role to an entitlement culture borne out of a pervasive ‘revenue at all costs’ mentality at the big four
Historical World Tax data suggests the ‘largest law firm merger in history’ may not pose a serious threat to the world's leading tax practices
The repeal of Libya’s statute of limitations and tougher enforcement leave taxpayers navigating a high-stakes choice between conciliation and litigation
All the tax partners elevated across the UK, US and Singapore were private client specialists, continuing a market trend of intense investment and competition
Rolf van de Velde, dubbed ‘an expert chosen by experts’, is tasked with scaling Reptune’s self-service compliance offering
The newly combined firm brings together more than 3,500 practitioners across 52 offices, with flagship hubs in Seattle, London, Sydney and New York.
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