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New Zealand: New Zealand continues tax administration reform

Tim Stewart The New Zealand Government has continued its consultation on the simplification and modernisation of New Zealand's tax administration system by releasing the discussion document 'Making Tax Simpler – Towards a New Tax Administration Act' (discussion document (DD)).

March 09 2016

Poland: Poland introduces new R&D tax incentives

Monika Marta Dziedzic From January 1 2016, Polish tax resident companies can make an extra deduction from their tax base for expenditure incurred on research and development (R&D).

March 09 2016

Turkey: Constitutionality of the Turkish withholding tax rules: new decision, old school approaches and still a lack of legality

Ezgi Türkmen The latest decision of the Turkish Constitutional Court (No 2015/122 dated December 30 2015) on withholding tax has reopened an old discussion on the limits of the Council of Ministers' delegation of authority to the Department of Finance.

March 09 2016

Spain: Control of state aid in Canary Islands investments

Antonio Viñuela Llanos César Acosta Criado The Canary Islands economic and tax regime (REF), which we have mentioned in past collaborations in reference to the tax advantages of investing into, and from, the Canary Islands, has been recognised in the Spanish Constitution and by the European Union (EU), which has authorised the REF in accordance with Community Law, considering the tax incentives of the REF as state aid.

March 09 2016

US Outbound: US issues proposed CbCR regulations

Sean Foley Cameron Taheri On December 21 2015, the US Treasury Department and Internal Revenue Service (IRS) released proposed regulations that are designed to coordinate with the model country-by-country reporting (CbCR) template and instructions set forth in Action 13 of the OECD/G20 BEPS Project.

March 09 2016

Hopping mad Methodists boycott Cadbury for Easter

Have you been burying your profits using dubious accounting methods, Mr Bunny? A new campaign has been launched asking people to boycott British confectionary company Cadbury for Lent and Easter – one of the most profitable times of year for any company making sweet foods.

March 09 2016

US Inbound: US revises treaty model

Jim Fuller David Forst The US Treasury has released its revised 2016 Model Income Tax Treaty, which is the baseline text Treasury will use when it negotiates future tax treaties.

March 09 2016

The Cunningham column: China drags its tax system into line

China has unveiled its plan for how its tax system operates and the different parts of if work together. Taxpayers calling for uniformity and consistency may be about to get their wish, believes Ralph Cunningham.

March 09 2016

Germany: German Federal Tax Court questions constitutionality of interest deduction limitation rule

Alexander Linn Thorsten Braun Germany's Federal Tax Court (BFH) referred a case to the Federal Constitutional Court (BVerfG) on February 10 2016 requesting a ruling on whether the interest deduction limitation rule violates the constitution (case ref. I R 20/15).

March 09 2016

Albania: Albania and Morocco sign tax treaty

Dorina Ndreka Albania and the Kingdom of Morocco preliminarily agreed on the need for an agreement on the avoidance of double taxation (DTA) back in 2012 when treaty negotiations commenced. The willingness to conclude such an agreement was reiterated in October 2014 during Albanian parliamentary officials' visit to Morocco. The treaty was finally signed during the visit of the Albanian Minister of Foreign Affairs to Morocco in October 2015.

March 09 2016

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