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On July 1 2018, the Polish VAT Act of 11/03 2004 is to be amended by a new regulation introducing a voluntary split payment as a method of payment of purchase invoices – from the perspective of taxpayers – and as a new tool to combat VAT fraud – from the perspective of tax authorities. However, from the perspective of VAT taxpayers the new mechanism may bring more radical changes than expected in some areas.

The Chilean Internal Revenue Service (Chilean IRS) has issued two relevant resolutions regarding compliance for tax transparency.

In recent years, the Hong Kong government has introduced various incentives to bolster Hong Kong as an international finance centre by extending the offshore funds exemption and special purpose vehicle (SPV) exemption.

The use of real estate investment trusts (REITs) is becoming increasingly popular in South Africa. However, care needs to be taken where a South African REIT holds various foreign property owning subsidiaries either directly or through a non-South African intermediary holding company (IHC).

From the outset, the EU's digital tax proposals received a tentative response from Ireland.

Dmitry Garaev and Anastasia Avdonina analyse the Russian Federal Tax Service's interpretation of the concept of beneficial ownership.

The National Assembly of the Republic of Srpska has adopted a law (New Law) that regulates the deadlines for the settlement of financial obligations and penalties applicable in cases of failure to comply.

Subrogation to the tax rights and obligations in mergers, spinoffs and asset contributions, remains unaltered.

Without much fanfare, a tax reform in Chile in December 2017 broadened the rules on the parties considered related for transfer pricing purposes, write Roberto Carlos Rivas and Gregorio Martínez of PwC.