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    Albania: Albania changes Law on Hydrocarbons
    Dorina Asllani Ndreka By adopting Law No. 6/2017, the Albanian Parliament amended the 1993 Law on Hydrocarbons (Exploration and Production). These latest changes are intended to make the law more easily applicable and to bring it closer to the acquis of the EU. The amendments also focus on safeguarding these important public assets.
    April 26 2017
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    Croatia: Croatia implements BEPS Action 13
    Silvia Cancedda David Jakovljevic Action 13 of the OECD's BEPS Project has now been fully implemented in Croatia, with the full legal framework in place.
    April 26 2017
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    Turkey: Tax exemption introduced for private vessels
    Burçin Gözlüklü Ramazan Biçer Turkey's wealthiest individuals have historically registered their private vessels in the countries where a tax exemption is available. There are also a plenty of private vessels used in Turkish coastal waters that carry a foreign country's flag.
    April 26 2017
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    Malta: Malta amends tax rules on qualifying employment in aviation
    Mark Galea Salomone Donald Vella The Maltese legislator has continuously sought to attract high-net worth individuals and highly qualified individuals to Malta's shores, especially in the financial services, gaming and aviation industries.
    April 26 2017
  • Deals of the month
    See who has done the tax work on this month’s biggest deals
    April 26 2017
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    Amazon and its lessons for transfer pricing professionals
    In light of the US Tax Court’s decision in Amazon v. Commissioner of Internal Revenue, many important predictions have been made about the impact this case will have on future transfer pricing litigation. However, it is important to look at the valuable lessons that should be learned by practitioners, corporations, attorneys, and tax authorities when documenting intercompany transactions, specifically intangibles. John Wiora, director of operations at ktMINE, investigates.
    April 26 2017
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    Australia: Multinational tax crackdown: Government update on tax audit activities in Australia
    Melissa Lim On April 6 2017, the Australian Treasurer announced the progress made so far of the Australian Taxation Office's (ATO) multinational tax crackdown.
    April 26 2017
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    CRS allows taxpayers to avoid detection as loopholes remain
    Financial institutions are busy filing their first reports to tax authorities to comply with the common reporting standard (CRS), but loopholes in the global measure mean some taxpayers can remain undetected. Amelia Schwanke highlights the gaps appearing and the jurisdictions enabling them.
    Amelia Schwanke, April 26 2017
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    US Inbound: The impact of Amazon’s win against the IRS
    Jim Fuller David Forst The US Tax Court decision in Amazon.com Inc. v. Commissioner, 148 T.C. No. 8 (2017), is another in a line of cases where the court applied US transfer pricing law in a straightforward manner and rejected the Internal Revenue Service's (IRS) aggressive and unfounded interpretations of the very law that it wrote. It has important ramifications for both outbound and inbound taxpayers, with the focus here being inbound.
    April 26 2017
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    Tax Relief
    Because tax doesn’t have to be taxing. A less-than-serious look back at some of the quirkier tax stories from the past month.
    April 26 2017
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