International updates - November 2014

October 31 2014

The latest international updates from our correspondents around the world.

Albania: Transfer pricing: A step forward for Albania

Bosnia and Herzegovina: Changes to Law on Cash Registers in Republic of Srpska

Bulgaria: Bulgarian VAT Law amendments

Canada: Recent treaty shopping developments

Chile: New thin capitalisation rules

China: SAT’s formal assessment on service fees and royalty payments

Cyprus: Cyprus expands its treaty network with Lithuania and Guernsey

EU: Fiscal state aid and BEPS: EU Commission launches series of in-depth investigations into specific tax rulings and regimes

Germany: Self-disclosure rule amendments bring good and bad news for corporates

Hong Kong: Hong Kong commits to the Common Reporting Standard

India: Ruling on characterisation of surplus on sale of debentures

Ireland: Ireland ready for VAT Mini-One-Stop-Shop

Italy: Positive boost for special regime applicable to certain listed real estate investment companies

Luxembourg: Luxembourg signs new protocol to treaty with France

FYR Macedonia: New Profit Tax Law to enter into force in 2015

Montenegro: Montenegro-Azerbaijan DTT analysis

Serbia: Reactions to the application of FATCA regulations in Serbia

South Africa: Interest withholding tax update

Spain: Changes to the inbound expatriates system: Beckham clause attracts talent to Spain

Switzerland: Corporate tax reform as per draft legislation would make Switzerland more attractive for multinationals

US Inbound: IRS issues portfolio interest payment clarification

US Outbound: Treasury Department releases new anti-inversion rules

Topics

Feature Special Focus Sponsored

more across site & shared bottom lb ros

More from across our site

Direct Tax

Close-up of handshake of businesswoman and businessman

This week in tax: McDermott, BakerHostetler bolster US tax partner benches

The firms made senior hires in Los Angeles and Cleveland respectively; in other news, South Korea reported an 11% rise in tax income, fuelled by a corporation tax boom

Sam Sholli, February 13 2026

Direct Tax

UN large

Tax Justice Network slams ‘shameless’ ICC report amid UN negotiations

The ‘deeply flawed’ report is attempting to derail UN tax convention debates, the Tax Justice Network’s CEO said

Sam Sholli, February 12 2026

Transfer Pricing

Morgan Lewis

Morgan Lewis lures Baker McKenzie’s Americas tax leader in Washington DC

Salim Rahim, a TP specialist, had been a partner at Baker McKenzie since 2010

Sam Sholli, February 12 2026

Transfer Pricing

OECD

‘Aspirational’ MAP manual should be ‘go-to’ for taxpayers: OECD expert

While the manual should be consulted for any questions around MAPs, the OECD’s Sriram Govind also emphasised that the guidance is ‘not a political commitment’

Sam Sholli, February 11 2026

Direct Tax

India Mauritius

Tiger Global analysis part 2: GAAR, JAAR and treaty benefits

The landmark Indian Supreme Court judgment redefines GAAR, JAAR and treaty safeguards, rejects protections for indirect transfers and tightens conditions for Mauritius‑based investors claiming DTAA relief

Sanjay Sanghvi, February 11 2026

Direct Tax

Internal Revenue Serice Sign

IRS expands Tax Pro Account digital tool

The expansion introduces ‘business-level digital capabilities’ for tax professionals, the US tax agency said

Sam Sholli, February 10 2026

Direct Tax

Financial research,government taxes and calculation tax return c

The foundations of successful tax transformation

As tax teams face pressure from complex rules and manual processes, adopting clear ownership, clean data and adaptable technology is essential, writes Russell Gammon, chief innovation officer at Tax Systems

Russell Gammon, February 09 2026

Direct Tax

Piranha Photography - Corporate Photographer London

‘Our growth is fantastic’: Ryan leader on firm’s appeal amid expansion

Partners want to join Ryan because it’s a disruptor firm, truly global and less bureaucratic, Tom Shave told ITR

Sam Sholli, February 09 2026

Direct Tax

mark carney.jpg

A taxing week: Carney’s Davos speech could inspire a challenge to US tax dominance

If Trump continues to poke the world’s ‘middle powers’ with a stick, he shouldn’t be surprised when they retaliate

Sam Sholli, February 06 2026

Direct Tax

Fair Tax Mark

This week in tax: Triodos Bank achieves Fair Tax Mark in industry first

The Netherlands-based bank was described as an ‘exemplar of total transparency’; in other news, Kirkland & Ellis made a senior tax hire in Dallas

Sam Sholli, February 06 2026