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  • Deloitte in Turkey reports on key developments in Turkey’s transfer pricing policy
  • Pre Budget wish list calls for exemption on TP issues
  • TP Week correspondent DJ Yeo of Kim & Chang reports on changes to Korea’s thin capitalisation rules
  • Deloitte in China discusses the fundamental issues for multinationals
  • TP Week published its list of most aggressive tax authorities list last week. The No 10 position was occupied by the HMRC
  • Deloitte UK analyses the HMRC’s statement of practice on advance thin capitalisation agreements. Michael Gordon-Brown and Ian Clarke report
  • Taxpayers will no longer have to pay a financial transaction tax in Brazil from the end of this year after the country's senate rejected the President President Luiz Inacio Lula da Silva's bid to extend the tax
  • Free movement of capital – Restriction on the movement of capital between the member states and third countries – Tax on revenue from capital – Dividends received from a company established in an EEA member state – Exemption – Dividends received from a company established in a third country – Exemption subject to the existence of a taxation convention providing for the exchange of information – Effectiveness of fiscal supervision.
  • The loss the UK exchequer would sustain from reducing Northern Ireland's corporate tax rate to 12.5%, the same as in the Republic of Ireland, would not be easily recovered, said a review of tax policy in the province published on December 17
  • A fistful of surveys of leading executives and directors of multinationals published in the last week point to widespread concerns about increasing complexity, aggressive administration and growing inconsistency in international tax rules