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The Greek codified civil law rules provide that a married couple is expected to share a single residence. Thus, the Greek Tax Administration has traditionally followed the concept of a single joint family residence for tax purposes. It has considered that, if the spouse is left behind, the departing taxpayer may not change his/her tax residence status from Greek to foreign, regardless of any other parameters, following a narrow interpretation of the centre of vital interests.

The Australian Treasurer Scott Morrison released exposure draft legislation on November 24 to prevent entities that are liable to Australian income tax from avoiding income taxation or obtaining a double non-taxation benefit by utilising differences between the tax treatment of entities and instruments across different countries.

On November 6 2017, the Irish Revenue Commissioners (Revenue) issued new guidance on the VAT treatment of payment services. The guidance was issued in the wake of a series of cases decided by the Court of Justice of the European Union (CJEU) on the VAT treatment of such services including Everything Everywhere (C-276/09), AXA UK (C-175/09), Bookit Ltd (C-607/14) and National Exhibition Centre Ltd (C-130/15).

In 2017, Switzerland continued to be an ever more attractive tax location for multinational and domestic enterprises alike, while at the same time becoming more aligned with international tax legislation, a trend that will continue for 2018.

The Tax Cuts and Jobs Act proposes the most significant changes in US tax law in more than three decades.

Recognised as global innovation and financial potential in international financial markets with assets of $7.45 trillion, national wealth funds have recently become one of the most important financial instruments and had the ability to stamp out the structure of national economies.

A Republican senator has defended the lack of tax cuts for working class Americans in the GOP tax bill by saying that they would only spend "every darn penny" on "booze or women or movies" anyway.

As global tax rates continue to fall, tax policy is at the forefront to drive Hong Kong's economic growth. In recent years, the Hong Kong government has introduced various initiatives to bolster Hong Kong's position as a global financial centre.

According to the law on clean air, adopted by the Iranian Parliament on July 16 2017, Mohammad Masihi, an official from the tax administration, stated that all home-grown, eco-friendly, zero-emission hybrid and electric cars and motorcycles will benefit from a tax exemption.

The German tax legislator made only a few substantial changes to the tax rules relevant for international business during 2017, the notable exception being the introduction of a new rule that will limit the deductibility of royalty payments made to recipients benefiting from a non-nexus intellectual property (IP) regime, which will apply from 2018 (see March issue of the International Tax Review magazine). In addition, the German courts issued some decisions that will require the legislator to introduce new rules, such as the replacement of the restructuring relief previously granted under an administrative practice based on a circular (see April issue of the International Tax Review magazine) and new change-in-ownership rules (discussed below). Most other changes to the tax code addressed procedural issues, such as increased notification requirements for certain business relationships with third countries and certain reliefs, by increasing the thresholds that allow simplified approaches to depreciation/amortisation, documentation, etc.