International updates - April 2017

March 28 2017

The latest international updates from our correspondents around the world.

Albania: DTA between Albania and Iceland becomes effective

Australia: Recent cross-border developments

Bosnia and Herzegovina: Amendments to the Profit Tax Law in Republic of Srpska of Bosnia and Herzegovina

Brazil: Brazil’s tax authority provides clarity on business tax matters

Bulgaria: Bulgaria amends VAT Law

Canada: Canadian government reaffirms commitment to combatting domestic and offshore tax avoidance and evasion

Chile: Tax consequences on international mergers

China: China’s tax policy priorities are set for 2017

Cyprus: Cyprus adopts start-up visa for third country nationals

European Union: EU targets 92 non-EU jurisdictions as potential tax havens

Georgia: Free industrial zones

Germany: German rules for restructuring relief

India: India GST: The final leg of the journey

Indonesia: Indonesia’s road to 2018 and the AEOI

Iran: Double tax treaty between Iran and Hungary enters into force

Italy: Non-resident individuals who transfer their place of residence to Italy

Luxembourg: Income threshold for non-residents to gain residency benefits to be put to the test

Mexico: General rules governing Mexico’s R&D tax credit

Poland: Reverse-charge on domestic construction services

Russia: First court case in Russia on new transfer pricing rules ends

South Africa: South African Budget 2017

Spain: Spanish corporate income tax hike: New measures

Switzerland: Swiss Federal Council to introduce revised CTR III legislation quickly

Turkey: New tax incentives introduced

US Inbound: BEPS transfer pricing rules may conflict with US TP rules

Topics

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More from across our site

Transfer Pricing

Indian tax authority signs record 174 APAs in 2024/25

India also brokered its first-ever multilateral APA last year, the Central Board of Taxes announced

Sam Sholli, April 02 2025

Direct Tax

Rudolf Winkenius resized.jpg

US multinationals can’t sidestep pillar two: RSM tax leader

A global tax framework may not materialise anytime soon, but a common set of principles is becoming increasingly necessary, Rudolf Winkenius also tells ITR

Tom Baker, April 02 2025

Indirect Tax

Part of Eton College viewed from playing fields

UK court case on private school VAT policy begins

Kingsley Napley’s claimants are arguing that taxing the provision of education breaches the European Convention on Human Rights

Sam Sholli, April 01 2025

Direct Tax

1024px-Donald_Trump_(53911666084).jpg

Has Trump killed all hope of an effective pillar two?

While pillar two can progress without the US, it won’t reach the same heights without American involvement, argues Renáta Bláhová, founding partner of BMB Partners Taxand

Renáta Bláhová, March 31 2025

Direct Tax

Aerial view of Christ and Botafogo Bay from high angle.

Brazil’s proposed 10% withholding tax prompts local concern

There are unanswered questions as to how foreign investors could reclaim money via tax credits, advisers suggested

Sam Sholli, March 31 2025

Direct Tax

State of the market: analysing India’s ‘standout’ tax advisers

Amid an ever-changing tax environment, India’s advisory market is bustling with competition ahead of the 2025 World Tax rankings and ITR Awards

Ed Conlon, March 28 2025

Direct Tax

Oslo, Norway - 24 September 2022: PricewaterhouseCoopers or PWC

This week in tax: PwC reportedly reaches multimillion-dollar settlement with ex-partner over payouts

The deal comes after PwC had accused Paul McNab of using confidential information; in other news, McDermott hired a new London tax head from a US rival

Sam Sholli, March 28 2025

Transfer Pricing

UN large

UN TP subcommittee recommends intangibles analysis: report

Looking at transfer pricing simplification is “obviously helpful”, but it should be done in line with current standards, a senior government figure reportedly said

Sam Sholli, March 27 2025

Direct Tax

‘Is anything really changing?’ Experts react to UK Spring Statement

The UK Government’s plans to close the tax gap via increased HM Revenue and Customs investment have failed to impress local tax advisers

Sam Sholli, March 26 2025

Direct Tax

Hands of project managers discussing project management strategy

Who wins in the new battleground for contracted out R&D?

Under the merged scheme for R&D tax relief introduced last year, rules on contracted out R&D have changed. James Dudbridge argues for a proactive approach when reviewing companies’ commercial arrangements

James Dudbridge, March 26 2025