ITR Search | International Tax Review

UK expedites EU corporate tax race to the bottom

Businesses must assess their next moves after the UK’s Brexit vote triggered plans in the UK to cut the corporation tax rate, which may have started a race to the bottom on rates among European countries.

Amelia Schwanke, August 23 2016

Pokémon GO could get caught in a tax bubble

Mobile app sensation Pokémon GO has once again raised the debate on taxing digital services and in-app purchases. Joe Stanley-Smith and Amelia Schwanke compile a veritable Poké-montage of the best tax insights into the wildly popular app and the tax rules surrounding the growing market.

August 23 2016

New Zealand: New Zealand releases overview of tax policy settings for inbound investment

James Lester The New Zealand Inland Revenue and Treasury have released a draft report outlining the current policy framework for taxing income earned on inbound investment into New Zealand (New Zealand's taxation framework for inbound investment, June 2016).

August 23 2016

Albania: Albania changes VAT exemption rules

Dorina Asllani Ndreka Albania's Ministry of Finance issued a Directive in May 2016 to change Directive No. 6, dated January 30 2015, 'On the value added tax in the Republic of Albania'. The Directive expands the range of financial transactions excluded and facilitates its implementation.

August 23 2016

Bosnia and Herzegovina: Non-residents subject to capital gains tax

Dajana Topic The amendments to the Corporate Income Tax Law of the Federation of Bosnia and Herzegovina (FBiH) entered into force on March 6 2016. The new updates are effective as of January 1 2016 and provide that non-resident companies are taxed on capital gains derived from the sale of shares, immovable property or interests in equity, unless otherwise provided by a tax treaty.

August 23 2016

Croatia: Amendments to the Croatian Corporate Income Tax Act

David Jakovljevic The Croatian Parliament approved the EU Parent-Subsidiary Directive (2011/96/EU) and subsequent amendments to it (2015/121/EU). It also passed amendments to the Croatian Corporate Income Tax Act (CIT Act) on May 13 2016, which was published in the Official Gazette no. 50/2016 and entered into force on June 9 2016.

August 23 2016

Australia: The aftermath of Australia’s federal election

Michael Yunan After a close election result, the Federal government has indicated that it will present its Budget legislation to parliament before the end of the year.

August 23 2016

MNEs and Belgium attack EU Commission’s decision on excess profits tax rulings

BASF and at least four other multinationals are headed to the European Court of Justice arguing that competition commissioners acted beyond their powers in deciding that Belgium’s excess profits tax rulings constituted illegal state aid. The companies face billions of dollars in back taxes if they lose.

Anjana Haines, August 23 2016

What do companies look for in a holding jurisdiction?

The unrelenting global demand for transparency has created an unprecedented need for substance. Labuan International Business and Financial Centre (Labuan IBFC) examines how and where this need can be met in Asia.

August 23 2016

Luxembourg appeals whistleblower ruling in LuxLeaks trial

The judgment in the LuxLeaks case, which has become central to the debate around transparency and whistleblowing, could be overturned as both parties appeal the verdict.

Amelia Schwanke, August 23 2016

Search results for