February 2013

Main

Carbon taxes can save more than the world

Foley & Lardner hires Fred Adam to boost Silicon Valley practice

Connolly joins DLA Piper in Los Angeles

Pitcher Partners strengthens indirect tax practice

Obama chief of staff to replace Geithner in top US Treasury job

Akin Gump promotes partner in New York

WTP Advisors promotes two

VDB Loi hires KPMG partner in Indonesia

Taxand Germany expands in Dusseldorf

Deals of the month

Play.com exits Jersey because of LVCR removal

Why India’s renewed Vodafone tax claim is worrying multinationals

Why French taxpayers should look at their financing structures

Beneficial owner proposals: Not so beneficial

SOCIMIs: The last chance for Spanish REITs

Tackling tax avoidance: a delicate balance of legislation and corporate responsibility

The end of bank secrecy

UK: Corporate tax haven or hell?

Importance of tax contribution from UK business

Colombian tax reform on transfer pricing

Third time lucky for French green taxes

VAT reform in China: impact on construction and real estate

Germany simplifies rule for repair services

Information sharing: How and why it is increasing

Dividends give mixed holding companies a VAT headache

Creating a tax risk management strategy for a multinational

How to deal with debt-equity in the US

Albania: What is attractive about Albania beyond the 10% flat tax?

Australia: Draft Australian transfer pricing laws released

Austria: Foreign investors advantaged by Austria’s tax treaties

Bosnia and Herzegovina: Free trade zones in Bosnia and Herzegovina

Brazil: Brazilian Revenue Service issues ruling on deductibility of cost-sharing expenses and applicability of transfer pricing rules

Bulgaria: Bulgarian Parliament passes tax on bank deposit interest

Cambodia: GDT extends deadline to file 2012 Cambodia property tax returns

Canada: Long-awaited amendments to bump rules introduced

Chile: The new tax justice in Chile

China: New individual income tax collection policy on dividends from publicly listed companies

Cyprus: Cyprus amends laws to meet troika measures

EU: EU's fight against tax fraud and evasion, aggressive tax planning and relations with non-EU tax havens

Finland: Finnish dividend taxation is in breach of free movement of capital

France: Third Amended Finance Bill 2012

France: Finance Bill for 2013 and third Amended Finance Bill for 2012 enacted

Germany: No transfer pricing adjustment for breaches of formality

Hong Kong: Stamp duty changes and recent DTAs

India: 2012 protocol amending the India-UK DTAA

Japan: Changes to the General Law for National Taxes

Laos: Government eyes piece of the property boom pie

Luxembourg: Implementation of AIFM Directive brings opportunities for PERE investors

Luxembourg: 2013 tax measures

FYR Macedonia: Luxembourg treaty ratified by parliament

Mexico: New broad exchange of information agreements.

Montenegro: Treatment of professional training expenses

Myanmar: European Commission proposes reinstatement of Myanmar export incentives

Norway: Are non-Norwegian limited partnerships equal to Norwegian corporations or tax transparent in Norway?

Portugal: Corporate tax measures included on the Budget Bill for 2013

Romania: Transfer pricing controversy in Romania

Russia: VAT on bonuses: Is there a way out?

Serbia: Amendments to the Corporate Income Tax Law

Slovak Republic: OECD recommends further tax measures to complement strong economy

South Africa: Taxation of non-residents

Spain: New real estate transfer tax – anti-abuse rules on share deals

Ukraine: New Ukraine-Cyprus double tax treaty signed

US Inbound: Stock loan transactions: Economic substance

Vietnam: New developments on accessing the zero VAT for international transport companies

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