Australia: Reforms on the horizon as anti-avoidance action continues
Brazil: Incoming changes to PIS and COFINS on financial revenues
Canada: Foreign exchange gains and losses from forward contracts
Chile: New foreign investment regime
China: Fourth protocol to the China – Hong Kong tax treaty
EU: European Parliament ups the ante on tax transparency and rulings
Germany: Repayment of nominal capital
India: Exclusion of overseas dividend from indirect transfer provisions
Italy: Last call to regularise investments and activities
Luxembourg: Luxembourg IP regime to become ‘BEPS-friendly’ in 2016
Middle East: BEPS and the Middle East: Change is coming
Portugal: Withholding tax on interest payments to foreign financial institutions goes to court
Spain: New tax rules to consider in the context of inbound investments
Switzerland: Amendments to the expatriate ordinance – merely a clarification?
Turkey: A milestone in Turkish tax law: European Court of Human Rights standards
US Inbound: IRS outsources transfer pricing examination to law firm