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The technical corrections legislation passed at the end of 2005 in the US will have an impact on international tax. Marjorie Rollinson and Michael Mundaca of Ernst & Young explain how this and budget reconciliation, yet to be agreed, will affect taxpayers in 2006

Proposed new section 103 South Africa has a general anti-avoidance rule (GAAR) in the form of section 103(1) of the Income Tax Act No 58 of 1962. In essence, a transaction can be attacked if there are four elements present:

The Mexico-Greece double tax treaty was published on December 31 in the Mexican Official Gazette and became effective from January 1 2006.

The Belgian value-added tax (VAT) legislation foresees in the possibility that invoices are issued by the customer by derogation to the general rule that invoices are to be issued by the supplier of the goods or services (self-billing). In its administrative circular of December 8, the Belgian VAT authorities have now outlined the scope and the application modalities of the self-billing procedure. The administrative circular becomes effective retroactively as from January 1 2004.

China and South-East Asia offers investors a wide range of potential business locations. In the first of two articles, Steven Herring of RSM International examines the tax issues when investing in China, Hong Kong, Indonesia and the Philippines

E-filing is the future of tax returns A large proportion of US companies have failed to prepare for the migration to e-filing, a new survey has revealed.

A plan to make Canberra, the capital of Australia, a tax haven has been rejected by Jim Lloyd, the federal territories minister, and Ted Quinlan, the treasurer of the Australian Capital Territory, where Canberra is located. Under the plan Canberra would no longer pay income tax, higher education contribution scheme, company tax, luxury car tax or fringe benefit tax. The only taxes that would remain would be the goods and services tax, the Medicare levy, superannuation guarantee levy and beer and spirit excise.

Nearly three-quarters of companies want the government to provide tax credits for the money that businesses spend on training, an UK Engineering Employers' Federation survey has found.

The tax team of Barros & Letelier, a law firm in Santiago, has moved to PricewaterhouseCoopers in the same city. Led by Francisco Selamé, it also comprises Astrid Schudeck, Francisca de la Maza and Sandra Benedetto.

Miroslaw Barszcz: Key role in tax compliance Miroslaw Barszcz has left the Warsaw office of Baker & McKenzie to join the Government of Poland as vice minister of finance.