May 2014

Main

Shared service centres require clear thinking

The journey into the future for Swiss principal companies?

Managing TP risks in Nigeria: The importance of proactivity

Good night, and good luck

Crido Taxand adds indirect tax partner

BMR hires indirect tax expert Rao

PKF Littlejohn adds two to corporate tax team

DLA Piper hires ex-Barclays TP economist

Chris Davidson joins KPMG in the UK

Baker & McKenzie hires two new tax partners

Leek leaves Corrs for the bar

Donald Johnston takes ITIC role

Ajay Kumar joins EY

Quenedey leaves Dentons for King & Wood Mallesons SJ Berwin

Deals of the month

Wyden tackles US extender provisions

EU to scrap customs duties on Ukrainian imports

Littlewoods compound interest victory could cost HMRC billions

Starbucks moving European HQ to London

According to plan? The world of tax planning is changing, but not as fast as everyone would like

Special features - May 2014

Albania: VAT Reimbursement Procedure Directive

Australia: Australian offshore voluntary disclosure initiative 2014

Brazil: Attorney general of the National Treasury issues opinion so as to apply treaty provisions regarding the payment of service fees

Bulgaria: Bulgarian National Revenue Agency’s official position on reinvoicing of expenses

Canada: Canada’s 2014 budget eliminates tax benefits of immigration trusts

China: New foreign exchange policies on supporting the development of China (Shanghai) pilot free trade zone

Cyprus: Timeframes for registration of Cyprus international trusts

EU: Political agreement on new EU rules on PPLs/hybrid loans

Germany: Restrictive application of the German trust model

Hong Kong: TIEA signed with US

India: Indian government proposes revised version of Indian Tax Laws

Italy: New exchange of information rules implemented in Italy

FYR Macedonia: FYR Macedonia ratifies double tax treaty with Bosnia & Herzegovina

Malta: Malta's recent efforts towards effective exchange of information

Mexico: Limitation on income tax deductions affecting international transactions

Montenegro: Witholding tax on dividends and its methodology

New Zealand: New Zealand’s Inland Revenue finalises interpretation statement on tax residence

Serbia: Determining the income tax for non-profit organisations in Serbia

South Africa: Tax dispute resolution

Spain: Government prepares sweeping tax reform

Switzerland: Revised guidance on the taxation of Swiss principal companies

Ukraine: Ukraine enacts a package of anti-crisis tax changes

Tax Relief

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