International updates - October 2015

October 07 2015

The latest international updates from our correspondents around the world.

Albania: New tax incentives for operating in free zones in Albania

Australia: Multinational entity (MNE) anti-avoidance Bill introduced

Bosnia and Herzegovina: Bosnia and Herzegovina’s Corporate Income Tax Bill under review

Brazil: Provisional Measure 685/2015 extended for another 60-day period

Canada: Filing deadline approaching for Canadian foreign affiliate dumping rules

Chile: Withholding tax, treaties and provision of PE certificates

Cyprus: Ship management companies in Cyprus: An option worth considering

Germany: Retroactive changes to RETT rules to apply from 2009

India: Applicability of MAT to foreign investors

Ireland: Irish Revenue Commissioners issue guidance on the VAT treatment of portfolio management services in wake of Deutsche Bank

Luxembourg: Luxembourg amends participation exemption regime

FYR Macedonia: FYR Macedonia extends application of preferential VAT rate to first sale of residential buildings

Malta: Amendment to the highly qualified persons rules

Middle East: PE formation in KSA: Operating across borders

New Zealand: New Zealand proposes new GST rules for supplies of cross-border services

Poland: Amendments made to Polish property tax regime

Serbia: Amendments to the Serbian Excise Duties Act

South Korea: Proposed tax law amendments in 2015

Spain: Spain takes the lead as tax changes reflect economic upturn

Switzerland: Spontaneous exchange of tax rulings

Turkey: Transfer pricing of intra-group services with a special focus on recharacterisation as know-how

US Inbound: IRS international practice units

Topics

Feature Special Focus Sponsored

more across site & shared bottom lb ros

More from across our site

Indirect Tax

The hidden compliance risk in Brazil's VAT enforcement delay

Despite initial hopes that the reporting obligation had been suspended, compliance challenges brought by Brazil’s indirect tax reform are very much a reality

Sam Sholli, August 20 2026

Direct Tax

Latin America map

The Latin American tax policy landscape in 2026: an overview

As tax authorities embrace AI and governments weigh pillar two reforms, Latin America is developing a more connected and internationally focused tax agenda

Lucas de Lima Carvalho, August 19 2026

Direct Tax

HMRC launches second tax adviser registration phase

Advisers with pre-existing corporation tax or self-assessment accounts must now register or risk enforcement action from HMRC

Tom Baker, August 18 2026

Direct Tax

The increasing importance of ‘economic substance’ under Indian income tax laws

India's tax authorities are increasingly scrutinising the rationale behind cross-border structures

Sanjay Sanghvi, August 18 2026

Direct Tax

Beyond the headlines: Can WTS UK win the battle for tax talent?

Sharmila Sanmugam's move from industry to WTS UK offers an early glimpse into how the fledgling firm hopes to compete with larger rivals

Sam Sholli, August 17 2026

Direct Tax

KPMG Australia confirms settlement with whistleblower who alleged tax division wrongdoing

Historical claims involving KPMG Australia's tax practice have surfaced as the firm battles a separate parliamentary inquiry into its handling of whistleblowers

Sam Sholli, August 14 2026

Direct Tax

Humanoid head with screens of graphs in the background

A taxing week: Democratised insights, inflated rates – the widening value gap in tax advisory

While AI is revolutionising tax work, it is also reshaping clients’ willingness to pay for advice and their perception of the value generated by tax advisers

Jorge Gallardo, August 14 2026

Podcasts

ITR podcast Ryan article header

Podcast: Ryan's Tom Shave on acquisitions, competition and PE

From Dhruva Advisors to Svalner Atlas, Ryan is growing fast. Tom Shave discusses consolidation, competition, and tax’s private equity debate

Tom Baker, August 13 2026

Awards

itr midde east awards 2026 col@4x.png

ITR Middle East Tax Awards 2026: shortlist announced

ITR is delighted to reveal the shortlisted nominees for the Middle East Tax Awards

John Harrison, August 13 2026

Direct Tax

Unpacking HMRC’s approach to the pillar two side-by-side package

The UK has confirmed its approach to the OECD’s side-by-side deal, but US-parented groups may find pillar two compliance remains far from straightforward

Lauren Smyth, August 12 2026