ITR Search | International Tax Review

Italy turns up the heat on EU with digital sales tax

Italy is hoping its proposed digital sales tax will send a message to the EU and accelerate the process of finding consensus on digital economy taxation. However, the proposal interferes with the EU’s plans and could create double taxation scenarios.

Lena Angvik, November 29 2017

Who will be on the EU’s tax haven blacklist?

The European Union is about to release a blacklist of uncooperative tax jurisdictions as part of the international effort to crackdown on tax avoidance. The blacklist has sparked speculation over which countries are most under threat.

Josh White, November 29 2017

Ashurst strengthens New York tax team

Ashurst has made Jeffrey Koppele and Sharon Kim partners at the US tax practice. This expands the New York tax practice to 21 lawyers, including five partners.

Josh White, November 29 2017

‘Moderate’ Pakpahan to become new Indonesia tax authority chief

Robert Pakpahan will be the new director general of taxation at the Indonesian tax authority, taking over the post from Ken Dwijugiasteadi when he retires.

Joe Stanley-Smith, November 29 2017

TP in China: all the data in the world

In 2017, China's State Administration of Taxation (SAT) completed its multi-year TP legislation overhaul by issuing Announcement 6 on special tax adjustments, investigations and MAP. With a distinct anti-avoidance flavour, Announcement 6 preludes the escalation and growing complexity of TP enforcement in China. Cheng Chi, Xiaoyue Wang, Kelly Liao, Mimi Wang and Rafael Miraglia discuss.

November 28 2017

China after BEPS, for now…

In 2017, we saw China continue with its rollout of the BEPS changes, make proposals for new incentives for foreign investment in China, and leverage new technologies for enhanced enforcement efforts. What is more, a new vision for China's international tax policy is gradually emerging. These developments are the focus of this chapter by Chris Xing, Conrad Turley, Jennifer Weng, and Karmen Yeung.

November 28 2017

This time it’s personal: China IIT on the eve of a major revamp

In 2017, we saw significant new China individual income tax (IIT) enforcement trends in relation to outbound and inbound expat tax monitoring and audit, as well as equity incentive schemes. Michelle Zhou, Jason Jiang, Sheila Zhang, Angie Ho, and Murray Sarelius highlight areas to watch for in the future.

November 28 2017

A brave new world in tax transparency: CRS in China, Hong Kong and Taiwan

Increasing cross-border business and investment has made the holding of assets overseas through offshore accounts increasingly common. This has become a new tax battleground for businesses and governments. Charles Kinsley, Henry Wong, and Eva Chow look at the latest developments regarding these efforts in China, Hong Kong and Taiwan.

November 28 2017

The future is green: EPT in China

In accordance with China’s 13th five-year economic development plan, which commenced in 2016, new policy tools such as the environment protection tax (EPT) and a reformed resources tax (RT) are being used to promote a ‘green development philosophy’. Jessica Xie, Flora Fan, William Zhang, and Maria Mei explore these new developments and what they mean for China’s greener future.

November 28 2017

Chasing deals: tax trying to keep pace with business in China

John Gu, Yvette Chan, Chris Mak, and Sam Fan explore the M&A tax challenges arising in hot sectors like TMT and healthcare, and for take-private transactions, establishing how investors can best get prepared. They note how, given the pace of developments and tax uncertainties, there is a need for the China tax authorities to provide greater clarity. More than ever, appropriate tax planning is crucial for M&A transactions.

November 28 2017

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