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Latin American, Philippi, Prietocarrizosa & Uria has opened a new office in Lima, Peru by integrating Peruvian firms Ferrero Abogados and Delmar Ugarte.

Lluís Fargas, vice president of tax and corporate development Europe at Alcoa, has been re-elected for the second consecutive year to Tax Executives Institute (TEI) executive committee.

Thomas Barthold, chief of staff of the Joint Committee on Taxation (JCT), has been recognised by the Tax Council Policy Institute (TCPI) for his accomplishments in business and tax policy with the Pillar of Excellence Award.

Hong Kong’s newly signed double tax agreement (DTA) with Russia has supported the territory’s ongoing efforts to expand its international tax treaty network with jurisdictions along ‘the belt and road’.

India's Income Tax Simplification Committee (ITSC) has recommended amending income tax laws, specifically the Income Tax Act (ITA), to make it easier to do business in the country.

Fred Lo, vice president and global head of tax at Yanfeng Global Automotive Interiors, a joint venture between the automotive interiors businesses of Johnson Controls and Shanghai Motors, analyses recent tax treaty trends, focusing on mismatches in treaty terms and why some countries are more equal than others.

Álvaro Pereira Ruben Gottberg According to the recently enacted Law 13.202/15, the social contribution on net income (CSLL, by its Portuguese acronym) falls under the scope of Brazilian double tax treaties (DTTs).

Nancy Diep Canada's thin-capitalisation rules operate to deny all or part of an interest expense in Canada for a taxation year if the amount of the interest-bearing debt owing by a borrower to specified non-residents (that is, persons who hold – or do not deal at arm's-length with persons that hold – 25% or more of the applicable votes or value of the borrower) exceeds the borrower's equity by more than a 1.5:1 ratio. Any excess interest that is not deductible for a taxation year is also treated as a deemed dividend subject to Canadian withholding tax.

Alexander Linn Thorsten Braun Germany's Federal Tax Court (BFH) has asked the German Ministry of Finance to join a pending case on the intra-group exception to the German real estate transfer tax (RETT) (case ref. II R 62/14). One of the issues raised by the BFH relates to the question of whether or not the intra-group exception has been notified to the European Commission as potential state aid.

Khoonming Ho Lewis Lu On October 30 2015 China's Ministry of Finance (MoF) and State Administration of Taxation jointly issued Circular Caishui [2015] 118 (Circular 118) which introduces value added tax (VAT) zero-rating for certain exported services, to replace the existing VAT exemption treatment. VAT zero-rating means that a taxpayer not only does not pay VAT on the services it performs, but is also entitled to full input VAT credits (and if applicable, refunds) for the expenses it incurs which relate to providing those services.