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  • intl-updates-small.jpg
    Turkey: New taxes on the table
    On September 27, Turkish Finance Minister Naci Ağbal announced a comprehensive package including tax increases in a meeting held for the medium-term programme of 2018-2020. Draft legislation including the tax issues that have already been sent to the Turkish Grand National Assembly for the enactment process.
    October 26 2017
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    Switzerland: VAT rate reductions effective from 2018
    The Swiss population rejected the 2020 Old-Age and Survivors Insurance reform on September 24 2017. As a result, the additional funding of disability insurance (DI) by 0.4 points of VAT will expire at the end of 2017. However, the standard and special VAT rates will increase by 0.1 point from January 1 2018 due to the draft measures to finance and develop railway infrastructure.
    October 26 2017
  • beps-carousel.jpg
    Harmful tax incentives critically curtailed: BEPS Action 5 in action
    BEPS Action 5 – Countering harmful tax practices more effectively by taking into account transparency and substance is one of the four BEPS minimum standards. To date, 102 jurisdictions have committed to its implementation, and 2017 is a decisive year in translating that commitment into action. Achim Pross, Kevin Shoom and Melissa Dejong of the OECD, discuss the first results of the work under BEPS Action 5, and its significance in achieving the goals of the BEPS project.
    October 26 2017
  • Deals of the month
    See who has done the tax work on this month’s biggest deals.
    October 26 2017
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    Indonesia: Taxation on e-commerce transactions
    The finance minister is planning to issue a new regulation concerning taxation on e-commerce transactions, including the applicable tax rate and the mechanism on how to collect the tax.
    October 26 2017
  • Draft notification on CbC reporting guidance released
    Sponsored by Dhruva Advisors
    India: Draft notification on CbC reporting guidance released
    The OECD guidelines, which were updated in July 2017 to incorporate Action Plan 13 of the BEPS project, provide a minimum requirement of maintaining a three-tiered documentation system.
    Ajay Rotti, October 26 2017
  • Casinos are among those businesses impacted by partial exemption
    Sponsored by Deloitte Mexico
    Mexico: The “business reason” in the Mexican tax law
    In order to provide legal and tax treaty certainty, such a concept should be included and described in legislation because, the mere use of it has a clear negative impact on such resolutions.
    October 26 2017
  • Andersen Global signs collaborative agreement with Canadian firm
    Andersen Global has sealed a new collaboration agreement with WL Dueck & Co, a major Canadian tax firm with a presence in Vancouver, Calgary, Richmond and Edmonton.
    Josh White, October 26 2017
  • Panama Papers EU reform 320x215
    Panama Papers committee calls for minimum EU tax rate
    The final draft report of the European Parliament’s Panama Papers Committee of Inquiry (the PANA committee) calls for the EU to implement a minimum tax rate across its member states. This proposal is a part of package of reforms that could have major implications for EU tax policy.
    October 25 2017
  • Anta de Cunha ECIJA 100x90
    ECIJA merges with Antas da Cunha
    Spanish firm ECIJA has merged with Portuguese firm Antas da Cunha to form one of the biggest groups in the Iberian market.
    October 25 2017
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