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The Irish Finance Bill published on October 22 2015 contains details of Ireland's response to Action 13 of BEPS - the minimum standard of country-by-country reporting (CbCR).

Her Majesty’s Revenue and Custom’s (HMRC) annual study into the size of the UK tax gap has revealed a drop in figures, indicating that compliance levels concerning multinationals have improved.

Abigail Blanco The 2015 corporate income tax reform package has made considerable changes to the rules on companies that can be consolidated. Many of these stem from the European Court of Justice (ECJ) judgment dated June 12 2014, on joined cases C39/13 to C41/13.

Hans Rudolf Habermacher Raoul Stocker Switzerland plans to implement the country-by-country reporting (CbCR) and exchange of information provisions recommended by the OECD as part of its final package of measures to counter tax base erosion and profit shifting (BEPS).

Guilherme Costa The Turkish tax authorities have demonstrated over the last few years that there is no time to lose in the implementation of their ambitious electronic transformation plan.

Jim Fuller David Forst Revenue Ruling 91-32 holds that a foreign partner's gain from the sale or exchange of an interest in a partnership that conducts business in the US through a fixed place of business is effectively connected with the US business. The gain is so treated to the extent of the appreciation in value of the partnership's "effectively connected" assets, which involves a ratio approach. In the case of a treaty, the gain is treated as effectively connected to gain attributable to a US permanent establishment.

Petter Gruner Henrik Brødholt On October 7 2015, the Norwegian government presented the 2016 Budget to parliament. The key tax proposals in the 2016 Budget relevant for foreign corporate investors are as follows:

Samantha Schmitz-Merle On October 14, the Luxembourg Government presented its 2016 Budget, containing certain tax measures to be introduced in 2015 and 2016. A progressive reduction of the Luxembourg corporate income tax rate has also been announced for 2017 but no further details have been provided.

Anna Misiak During May 2015 the President of the Republic of Poland ratified the agreement' between Poland and the US to improve international tax compliance to implement FATCA and the associated intergovernmental agreement (IGA).

Tim Stewart James Lester In September 2015 the New Zealand Inland Revenue released an issues paper on GST, consulting on a number of matters. One proposal in the issues paper, which draws on OECD guidance and international practice, relates to the GST treatment of services that are "directly in connection with" land.