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The Turkish government has introduced a draft law amending the Turkish VAT Law. This is the most comprehensive amendment to the Turkish tax system since the VAT Law was first introduced in 1986.

Federal Law No 335-FZ of November 27 2017 (the Law) has made a number of changes to the VAT rules on e-services, also known in Russia as the 'Google tax'. The first version of these VAT rules, announced in 2017, was quite similar to EU legislation, with only minimal differences, as they were based on the OECD's BEPS Action 1.

On February 13 2018, the Minister of Finance (MoF) issued new Regulation No 15/PMK03/2018 concerning Alternative Methods for Calculating Gross Turnover (MoF Regulation No 15/2018). As the title suggests, the regulation provides several other methods for calculating the gross turnover of an Indonesian taxpayer, and further implements provisions under the Indonesian Income Tax Law.

The safer end to stand? In line with its commitments to reduce greenhouse gas emissions by 40% by 2020, Denmark is considering introducing a tax on cows – and their farts.

Businesses love certainty. It allows them to plan and act on short, medium, and long-term strategies. The unexpected brings operational complexities they do not need. Recently, as taxation of the digital economy gathers pace it is a case of ‘expect the unexpected’ for digital businesses operating globally. Taxamo’s Iman Deschâtres and JP McCarthy explore the topic.

In recent years, the idea that offshore tax liabilities can easily be concealed from government revenue collectors has become a moribund concept. Huge data leaks increased international co-operation and developments such as FATCA and the global common reporting standard (CRS) have resulted in a situation where a person’s cross-border tax affairs are no longer fully secret.

The Federal Commissioner of Taxation has appealed against the decision in the RCF IV case (Resource Capital Fund IV LP v FCT [2018] FCA 41). In that case, the Federal Court had held that the gains derived by two private equity funds, which were Cayman Islands limited partnerships, from the sale of shares in an Australian mining company were not subject to Australian income tax, on the basis that the Australia-US double tax treaty applied in respect of the US tax resident limited partners of the funds to exempt the gains from Australian taxation.

The Philippines is implementing a five-step tax cut package The Philippines is set to implement corporate tax cuts in its drive to become a leading tech hub in Southeast Asia. The Philippine government hopes its bid to overhaul the tax regime will attract more businesses in the long term.

On February 21 2018, the Ministry of Economy and Finance (MEF) released draft regulations for public consultation designed to provide operational guidance on transfer pricing. Following the international evolution that occurred at the OECD level, particularly with the BEPS project, a working group composed of the Finance Department, the Revenue Agency and the tax police have prepared an action plan aimed at implementing the legislation, providing clarity to taxpayers on basic principles and ensuring adequate training on the structures responsible for applying these rules.

The Canada Revenue Agency (CRA, or the minister) has broad powers to audit and assess Canadian taxpayers, which leads to a variety of disputes in the courts.