ITR Search | International Tax Review

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

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

EU harmonises VAT rules on vouchers

Raphaël Glohr, partner at Deloitte in Luxembourg, and Michel Lambion, director at Deloitte in Luxembourg, examine the European Union’s implementation of the Voucher Directive, which aims to clarify and harmonise relevant VAT rules.

August 23 2016

Greece: Another wide interpretation of royalties against the digital economy

Ilias Sakellariou Greece has always adopted a very broad interpretation of what it considers as royalties in the context of its double tax treaties (DTAs), based on specific observations and the reservation that it has expressed on Article 12 of the OECD Model Tax Convention.

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

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

Special features - September 2016

Read this month's special feature on Labuan IBFC

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

Italy: Brexit: potential consequences on the tax relations between the UK and Italy

Nicola

August 23 2016

US: Domestic disregarded entities: New reporting rules in the US

Jim Fuller David Forst The US Treasury and the Internal Revenue Service (IRS) have proposed regulations that would treat a domestic disregarded entity (DRE) that is wholly-owned by a foreign person as a domestic corporation separate from its owner for the limited purposes of the reporting, record maintenance and associated compliance requirements that apply to 25% foreign-owned domestic corporations under § 6038A.

August 23 2016

Search results for