International updates - December 2017 / January 2018

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International updates - December 2017 / January 2018

International Updates

The latest international updates from our correspondents around the world.

Argentina: Comprehensive tax reform drafted

Australia: Hybrid mismatch rules

Bosnia and Herzegovina: Bosnia and Herzegovina ratifies updated treaty with Romania

Brazil: Congress approves amendment to DTA with Norway

Canada: Guidance on determination of taxable Canadian property status

Chile: Corporate migration

China: A busy year and more ahead

European Union: Debate on circumventing national vetoes on EU taxation policies gathers steam

Georgia: Georgian virtual zone entities offer new opportunities for IT companies

Germany: Legislative agenda for 2018

Greece: Separate tax residence status for spouses

Hong Kong: Rapid changes to tax policies to drive its competitive edge

India: Ending the year with several important tax rulings

Indonesia: New regulation provides opportunity for further tax amnesty

Iran: VAT exemption for hybrid and electric vehicles

Ireland: Revenue guidance on VAT treatment of payment services

Italy: Stability Law for 2018 introduces measures for businesses

Luxembourg: The importance of the terms of agreements in VAT and leasing

Macedonia: Double tax treaty between FYR Macedonia and Belgium enters into force

Malta: Notional interest deduction rules

Mexico: Controversy over applicability of 4.9% withholding tax rate on interest

Montenegro: Income tax treaty between Montenegro and Portugal

New Zealand: New Government’s tax priorities

Poland: Double deductions for R&D expenses become possible

South Africa: Taxation Laws Amendment Bill 2017

Switzerland: A year in review and an outlook on the tax landscape

Turkey: Is the wealth fund an opportunity or threat?

US Inbound: Tax Cuts and Jobs Act

more across site & shared bottom lb ros

More from across our site

Originators, loan purchasers and securitisation vehicles may need to revisit servicing agreements and pricing after a key judgment narrowed the VAT credit management exemption
Opening doors for existing talent within Baker McKenzie and a desire for enhanced legal capabilities informed Ricardo Perera’s switch from KPMG
Boaz Goren’s move to the upstart PE-backed firm takes the number of senior UK tax professionals who have left EY this year to 13
The allegations against Deloitte Cyprus raise uncomfortable questions about how far the big four can distance themselves from misconduct at member firms
The UAE accounted for most Middle East promotions and new rankings, as A&M Tax, Baker McKenzie, Dhruva Consultants and DLA Piper breached the top tier
Spanish-headquartered multinationals lead on reporting quality, while US and Swiss groups lag in the Fair Tax Foundation’s expanded analysis
Former IRS commissioner Danny Werfel joins ITR for a must-listen conversation spanning his time leading the agency, his AI risk framework, and the future of the OECD
Tax and legal services was PwC’s fastest-growing business line last year, helping to put the firm back on a par with its big four rivals
Ex-EY and Hourani & Partners leader Zain Satardien is using flexible staffing and AI-enabled systems to test a leaner model for specialist legal and tax advice
The big four firm is rightfully prioritising transparency and accountability as it seeks to rebuild from its scandal, but a glaring structural issue remains
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