Asia-Pacific
Asia-Pacific
Asia-Pacific
Asia-Pacific
Asia-Pacific
Asia-Pacific
Asia-Pacific
Australia: tax guidance on cross-border related party financing released
The Australian Taxation Office on May 16 issued draft guidelines on cross-border related party financing arrangements. In the . . .
Asia-Pacific
Singapore, Denmark sign tax information exchange agreement
Singapore and Denmark signed an agreement for the automatic exchange of financial account information on . . .
Asia-Pacific
Hong Kong, Korea sign tax agreement for automatic exchange of financial account information
Hong Kong and Korea have signed an agreement for the automatic exchange of financial account information in tax matters, the Hong Kong government . . .
Asia-Pacific
Japan, Austria agree in principle to new tax treaty
Japan and Austria in October reached an agreement in principle . . .
Asia-Pacific
Japan, Slovenia sign treaty to reduce tax on cross-border income
Japan and Slovenia today signed their first tax treaty, Japan’s Ministry of Finance has . . .
Asia-Pacific
Hong Kong joins BEPS project fight against multinational corp tax avoidance
Hong Kong will join countries involved in the next stage of the OECD/G20 base erosion profit shifting (BEPS) plan as an associate, adopting the BEPS minimum standards and participating in the . . .
Asia-Pacific
Americas
Americas
Asia-Pacific
Africa
OECD officials discuss international tax and transfer pricing agenda
Tax officials provided an update on international tax and transfer pricing work underway at the OECD Centre for Tax Policy and Administration during an OECD Tax Talks webinar, held October 16. This latest webinar covered a range of topics, including OECD efforts to facilitate global agreement on . . .
Asia-Pacific
Asia-Pacific
Asia-Pacific
Google India’s payments to Google Ireland for AdWords program are royalties subject to withholding tax, court rules
An Indian appellate court has ruled that payments made by Google’s Indian subsidiary to Google’s Irish subsidiary to operate the Google AdWords program in India were royalties subject to withholding tax and not payments to obtain advertising space for resale, as Google has claimed. The court also mandated the use of the profit split method for some related-party transactions. . .
Asia-Pacific
Asia-Pacific
Asia-Pacific
Asia-Pacific
Asia-Pacific
Asia-Pacific
Hong Kong, Indonesia agree to automatic exchange for tax purposes
Hong Kong and Indonesia have agreed to automatic exchange of financial account information in tax matters (AEOI), a Hong Kong . . .
Malaysia
Malaysia joins BEPS inclusive framework to combat multinational tax avoidance
The OECD today announced that Malaysia has joined the “Inclusive Framework on BEPS,” which is a group of countries that have pledged to implement tax measures to combat multinational tax avoidance designed by OECD and G20 countries in its . . . .
Asia-Pacific
Singapore-India protocol modifying capital gains taxation enters into force
A protocol to the Singapore-India tax treaty entered into force on February 27, Singapore’s Inland Revenue Authority has announced. One aim of the . . .
Americas
US-Cambodia FATCA IGA enters into force
The US Treasury today announced on its website a Model 1 FATCA intergovernmental agreement (IGA) signed the US-Cambodia entered into . . .
Asia-Pacific
Hong Kong-Romania tax treaty enters into force
Hong Kong’s Inland Revenue Service, on December 9, announced that a new tax treaty with Romania entered into force on . . .
Asia-Pacific
China names Xiao Jie as Finance Minister
The Chinese government has appointed Xiao Jie as its new Finance Minister, China’s . . .
Asia-Pacific
Japan’s tax treaty with Germany, protocol with India, to enter into force
Japan’s Ministry of Finance today announced that two tax agreements will enter into force: a tax treaty with Germany and a protocol to a tax treaty with India. Notifications . . .
Asia-Pacific
Asia-Pacific
Asia-Pacific
India adopts controversial tax rules for valuing indirect transfers of assets
Mansi Seth, US practice leader at Nishith Desai Associates in New York, and Meyyappan Nagappan, a senior member of the international taxation team in the firm’s Mumbai office, discuss new guidance issued by the Indian tax authority to be used to determine the fair market value of indirect transfer of assets, stating that several aspects of the new rules are contentious and could lead to litigation . . .
Asia-Pacific
Hong Kong tax guidance covers new income tax exemption for private equity funds
Hong Kong’s Inland Revenue Department on May 31 issued revised tax guidance to reflect changes enacted in 2015 that extend the exemption from Hong Kong . . .
Fiji
Asia-Pacific
Asia-Pacific
Asia-Pacific
