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The Catalonia region of Spain has been plunged into chaos with police violence, riots and strikes following an independence referendum declared illegitimate by the Spanish government on October 1. How should businesses react?

Greece has embraced the European Commission's recommendation (on December 6 2012) for an action plan to strengthen the fight against tax fraud and tax evasion, which, among others, includes the implementation of a general anti-abuse rule (GAAR). Namely, by virtue of Article 38 of the Greek Tax Procedures Code (i.e. L. 4174/2013), a domestic GAAR has been introduced into the Greek fiscal landscape, in force as of January 1 2014, according to which the tax authorities may disregard any artificial arrangement or series of arrangements aiming to avoid taxation and lead to a tax advantage.

The Department of Finance (Canada) released proposed draft legislation on September 8 2017 to amend the Excise Tax Act (Canada) (the ETA) in order to provide new investment limited partnership rules (the proposed rules). These rules would deem general partners that provide management and administrative services to such partnerships to have made taxable supplies subject to goods and services tax/harmonised sales tax (GST/HST).

The Local Taxes Act (Act), part of the 2017 Croatian tax reform, entered into force on January 1 2017. The main change includes the introduction of the new real estate tax (not to be confused with the real estate transfer tax) and the abolishing of the company name tax. Aside from the real estate tax, no further taxes are introduced. Instead, the taxes regulated by the Law Concerning the Financing of Units of Local Government and Regional Self-Government are being transferred and incorporated into this new Act in order to align them into a more efficient and structural manner within the goals of the Croatian tax system reform.

The Australian government is reviewing the tax policy applicable to stapled structures, which are commonly used in the real estate, infrastructure and related sectors following the issue of Australian Taxation Office (ATO) Taxpayer Alert 2017/1 and a Treasury consultation paper earlier in 2017.

Hong Kong wants to incentivise innovation among SMEs, but the new system could add complexity Hong Kong's Chief Executive Carrie Lam has revealed the details of the two-tier profits tax system, as well as research and development (R&D) incentives, but big companies will gain little benefit.

Importance of compensation issues from the corporate governance angle has increased over recent years, as a result of which their regulation has gone from mere recommendations to positive law, applicable to the compensation paid to the executives and directors of, among others, credit institutions, investment services and insurance companies, or collective investment undertaking management companies.

Customs is just one of the areas plunged into uncertainty by Brexit The UK has released a white paper examining possibilities for its post-Brexit customs system once it leaves the EU's customs union, and a more revealing report by Ireland's Revenue has added further detail.

The Portuguese budget bill for 2018 was presented to the Parliament on October 13 2017 and the main salient feature would be an uncharacteristic lack of any major tax amendments.

There has been a lot of discussion in the past few years regarding the BEPS changes and what constitutes a permanent establishment (PE) by a multinational corporation (X) based in one country (A) that has a presence or activity in another country (B).