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Coca-Cola’s post-1987 foreign earnings and profits come to $42 billion As the trial nears its end, Coca-Cola is confident of its chances of winning its high-stakes case against the IRS, according to the company's 10k filing. The IRS is demanding $3.3 billion in back taxes, plus interest.

At the beginning of this year, the Swiss social security administration digitised its social security application processes. The applicable legislation platform of Switzerland (ALPS) has replaced paper applications to establish the appropriate social security treatment of cross-border mobile employees. The introduction of ALPS is part of a project throughout the EU and the European Free Trade Association (EFTA) to share information centrally – the electronic exchange of social security information (EESSI). The electronic exchange of data is stipulated in EU regulations and is mandatory for all member states as of July 1 2019.

On March 29 2018, the Budget Measures Implementation Act (Act) was passed, whereby several of the 2018 budget proposed measures were implemented. At the core of the Act are various interesting fiscal measures and incentives for both businesses and households.

Besides general income tax, since January 1 2018, owners of commercial real estate have been additionally burdened with the obligation to pay the tax on commercial real estate (also called the minimum tax).

Annika Lindström and Maria Andersson of KPMG discuss how BEPS Actions 8 to 10 are being interpreted in relation to transfer pricing (TP) in Sweden.

Joe Stanley-Smith talks to Timothy Dyce, deputy commissioner of indirect tax at the Australian Tax Office (ATO), ahead of the imposition of goods and services tax (GST) on low-value goods from July 1.

Through General Resolution 4227, published in the Official Gazette on April 12 2018, the Argentine tax authorities established the long-awaited mechanism to withhold and remit the capital gains tax on transactions involving Argentine securities (i.e. shares, quotas, interest in a local mutual fund, central bank notes, sovereign bonds, etc.), when the seller is a non-resident of Argentina and no exemption prevails.

The 2018 Canadian federal budget (budget 2018) was introduced on February 27 2018. A major theme of budget 2018 is the Canadian government's commitment to combating what it perceives to be aggressive international tax avoidance.

Read this month's special features on Transfer Pricing and Mexico

According to the Spanish Corporate Income Tax Act, an entity that carries out real estate rental activities must have at least one employee with a full-time labour contract to be deemed an entity performing a 'business activity' (i.e. its income is substantially derived from activities other than passive investment).