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Google triumphs, but its French tax woes are not yet over

Read this month's special features on tax technology and transformation, Mexico and New Zealand

Former managing director of State Street Bank and leading financial expert Avinash Persaud tells Salman Shaheen why he has designed a financial transaction tax (FTT) for Britain’s opposition Labour Party to help rein in the City of London.

Freddy Karyadi Nina Cornelia Santoso Following the enactment of Government Regulation in Lieu of Law (Peraturan Pemerintah Pengganti Undang-undang, or Perppu) No. 1 of 2017, concerning access to financial information for the interest of taxation on May 8 2017, the House of Representatives have further discussed whether to accept and bring the Perppu to a plenary meeting to be ratified as a law.

Ilias Sakellariou The Greek Independent Authority for Public Revenue (IAPR) published on July 24 2017 a decision (POL. 1114/2017) to provide administrative guidance on the Greek tax treatment of foreign trusts and foundations.

Magdalena Zamoyska From 2018 Polish companies will not be allowed to deduct costs of their capital investment activity from operational revenue.

Mark Galea Salomone Donald Vella The guidelines issued in relation to the implementation of EU Council Directive 2014/107/EU of December 9 2014, amending Directive 2011/16/EU as regards mandatory automatic exchange of information in the field of taxation (DAC2), in Malta and the common reporting standard (CRS) were updated on July 6 2017. Specifically with respect to trusts, the Commissioner for Revenue has introduced clarifications to the guidelines, which the Inland Revenue Department has deemed necessary for the purposes of a more correct application of the regulations.

Since 2010, the Young Tax Professional of the Year competition has been open to young students around the world. Joe Stanley-Smith caught up with the first and second prize winners, Karl Frenzel and Tetiana Polonska, to hear their views on the competition, university education today and how it feels to graduate into such a rapidly changing tax market.

Dorina Asllani Ndreka With Law No. 33/2017 approved on April 21 2017 and entering into force on May 7 2017, the Albanian Parliament has relieved businesses from old unpaid tax and custom duties.

Brendan Brown Claude Smith New Zealand was one of many countries to sign the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) at a signing ceremony in Paris on June 7 2017. New Zealand has 40 double tax agreements (DTAs), 31 of which are with jurisdictions that have signed the MLI. In 27 cases, New Zealand and the DTA partner have elected that the DTA will be covered by the MLI; these DTAs are referred to as covered tax agreements (CTAs).