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Jock McCormack As Australia heads towards a federal election in the coming months, much attention is focussed on further implementation of BEPS-driven unilateral and bilateral initiatives, including: firstly, ATO actions on the Multinational Anti-Avoidance Law (MAAL) post the critical March 31 2016 deadline; secondly, enhanced tax disclosure requirements under our Australian foreign Investment policy guidelines; and thirdly, actions to implement various BEPS-inspired initiatives under the new Australia/Germany double tax treaty.

Dorina Ndreka Property taxes in Albania are regulated by the law on the local tax system and consist of the building tax and the agricultural land tax. Subject to the property tax are all physical and legal persons, locals or foreigners, who own an immovable property (either agricultural land or a building). Taxpayers are determined based on legal documents that prove the ownership of the property.

Alexander Linn Thorsten Braun On February 4 2016, the European General Court (EGC) issued a decision upholding the 2011 decision of the European Commission that the 'restructuring exception' in Germany's rules relating to the carryforward of tax losses by companies in financial difficulties constituted illegal state aid under EU law.

David Jakovljevic Croatia and Luxembourg signed a treaty on the avoidance of double taxation (double tax agreement, DTA) on June 20 2014, which recently entered into force on January 13 2016.

Jim Fuller David Forst The IRS released far-reaching proposed regulations on determining whether an interest in a corporation is debt or equity. The earnings stripping rules (Code section 163(j)), with which inbound taxpayers are certainly familiar, are not affected by the proposed regulations. Rather the proposed regulations provide a separate set of rules which taxpayers must consider.

Freddy Karyadi Luna Puspita In March 2016, the Indonesian Government disclosed its plan to optimise tax revenue from various uncollected taxes due on cross-border and online transactions involving the e-commerce business sector and certain individual taxpayers.

Despite the progress of Bernie Sanders and other candidates, the US media frenzy around two central figures – Clinton vs Trump – and the release of a blockbuster movie featuring two comic superheroes facing off against each other, means comparisons can be forced: on the one side, a superhero candidate who is a plutocrat by day, his success subtly reinforced by a grand Tower bearing his name, out to protect the best interests of the city and not afraid to risk collateral damage; on the other, the potentially more palatable global face of America whose very name conjures the accompanying title 'president' but who, like her name, also has a kryptonite factor in the form of a possible indictment hanging over her.

Aidan Fahy Greg Lockhart On March 21 2016, a new tax appeals system was implemented in Ireland.

Picking up on where we left off in the last installment, this issue of the Brockman Brief digs deeper into the tax function of tomorrow. Not only does an effective tax function depend on building the right skill-set, it must also include developing and making use of integrated technology and forming best practices.

Bob van der Made The European Commission (EC) has proposed legislation requiring public country-by-country reporting (CbCR) from many EU enterprises.