GST anti-profiteering measure is ‘arbitrary’, say Indian MNEs Indian multinational enterprises (MNEs) claim that GST legislation to prevent profiteering from rate changes is unreasonable and leads to unnecessary litigation. By Mattias Cruz Cano December 02 2020
Stamp duty exemption in Portugal: Defining the scope of a financial institution Miguel Pimentel and Ana Carrilho Ribeiro of Morais Leitão consider conflicting judicial decisions and address the scope of a stamp duty exemption applicable to financial institutions. By Ana Carrilho Ribeiro & Miguel Cortez Pimentel November 24 2020
New horizons for dispute resolution under pillar one’s Amount A Mark Martin and Thomas Bettge of KPMG in the US describe the Amount A tax certainty process in the recently released pillar one blueprint and explore how it might work in practice. By Mark Martin & Thomas Bettge November 19 2020
Glencore wins landmark Australian transfer pricing case over ATO Paul McNab of DLA Piper Australia analyses the Full Federal Court of Australia’s judgment from commodity company Glencore’s partial victory in its dispute with the Australian Tax Office. By Paul McNab November 16 2020
High Court of Justice compels Romanian tax authorities to observe the statute of limita... Emanuel Băncilă of EY Romania discusses the business implications of the ruling which bars Romanian tax authorities the power to audit taxpayers outside the five-year statute of limitation period. By Emanuel Băncilă November 16 2020
India: Vodafone’s tax woes continue to linger Ajay Rotti and Saurabh Shah of Dhruva Advisors discuss why the Indian government’s reluctance to accept the Vodafone ruling could have a detrimental effect for the international investor community. By Ajay Rotti & Saurabh Shah October 29 2020
Australia: A look at the changes to the corporate residency test James Newnham of DLA Piper analyses the Australian government's interpretation of the ‘corporate residency’ test for non-Australian incorporated companies. By James Newnham October 28 2020
A look at the Portuguese Budget Bill for 2021: Highlights for international investors Ana Carrilho Ribeiro of Morais Leitão considers the scope of the permanent establishment concept in the 2021 Budget Bill. By Ana Carrilho Ribeiro October 28 2020
Italy: The Supreme Court reports on the scope of the EU DRM Directive Gian Luca Nieddu and Barbara Scampuddu of Hager & Partners take a closer look at the Italian Supreme Court’s report on the recently introduced tax dispute resolution mechanisms. By Barbara Scampuddu & Gian Luca Nieddu October 23 2020
New Zealand: Court of Appeal considers cross-border financing tax avoidance appeal Tim Stewart and Matt Woolley of Russell McVeagh discuss the key elements of Inland Revenue’s Court of Appeal win in a tax avoidance case against a leading Australasian drinks company. By Matt Woolley & Tim Stewart October 21 2020
Economic stimulus initiatives head Australia’s 2020-21 budget Jock McCormack of DLA Piper summarises developments from Australia in October 2020, including the key takeaways from the federal budget and the latest guidance on the principal or main purpose test. By Jock McCormack October 20 2020
