Albania: Albania approves changes to accounting standards; introduces IFRS 15
Argentina: Argentine Congress passes comprehensive tax reform
Australia: Treaty benefits, DPT, MAAL and BEPS MLI
Brazil: Conversion into law of amendments to the oil and gas tax framework
Bulgaria: Changes in the Bulgarian Value Added Tax Act effective as of 2018
Canada: Application and interpretation of the principal purpose test
China: Tax treaty relief clarifications issued
Croatia: Double tax treaty between Croatia and Kosovo enters into force
Cyprus: Cyprus amends VAT; imposes 19% on sale of building land and leasing
Georgia: Georgia updates tax legislation
Germany: Lower tax court rules on direct shareholding requirement under EU PSD
Greece: Clarifications pending on the use of foreign terminal losses
Hong Kong: Hong Kong’s latest tax updates
India: Indian budget 2018-19; Recent rulings on the India-Mauritius treaty
Indonesia: Income tax facility in the industrial sector and draft of regulations on e-commerce tax
Ireland: Closing of the consultation on Ireland’s corporation tax code
Mexico: Lack of business purpose as factor in determining sham transactions
Poland: The CIT-8 return involving new transfer pricing obligations
Portugal: Personal income tax on cryptocurrencies: is the recent ruling a final take?
Serbia: Serbia narrows down list of services subject to withholding tax
South Africa: CBC reporting in South Africa - new guidelines and practical challenges
South Korea: New rights for taxpayers subjected to a dawn raid
Switzerland: Beware of equity incentive reporting obligations in Switzerland
Turkey: Restrictions on foreign currency loans
US Outbound: BEAT to hit inbound taxpayers hard
US Outbound: New LB&I directives both change and clarify IRS transfer pricing procedures