Europe
Europe
Asia-Pacific
Africa
Africa
Europe
Europe
Council of the EU
Council expected to approve EU-wide tax dispute resolution system
The Economic and Financial Affairs Council is expected to approve a directive establishing an EU-wide system for resolving double taxation disputes at its meeting of October 10. Ministers will also hear a presentation by the Commission about its proposed strategy for digital taxation, aimed at . . .
Americas
Europe
Americas
Council of the European Union
Cyprus
Cyprus to sign OECD multilateral treaty on tax avoidance, dispute resolution
Cyprus will sign the Multilateral Convention to Implement Tax Treaty Measures to Prevent Base Erosion and Profit Shifting( MLI), Cyprus’s Ministry of Finance has announced . . .
Asia-Pacific
Singapore agrees to automatic exchange of tax information with Belgium and Luxembourg
Singapore has signed agreements with Belgium and Luxembourg for the automatic exchange of financial account information, the Inland Revenue Authority of Singapore (IRAS) announced . . .
Africa
Russia, Malta, Mauritius, Hungary, Gabon, Indonesia, Lithuania sign tax agreement on exchange of country-by-country reports
In an effort to provide their tax administrations with tools to combat corporate tax avoidance through transfer pricing, officials from 7 more countries have signed an agreement setting out the parameters for automatic exchange of country-by-country reports on large . . .
Europe
France’s diverted profits tax ruled unconstitutional
France’s Constitutional Council on December 29 struck down France’s controversial diverted profits tax law, finding it unconstitutional, and also determined that changes to the financial transaction tax are constitutional, writes Davide Anghileri of the University of Lausanne, a contributing editor at MNE Tax . . .
Europe
UK Autumn Statement 2016: leaves little changed
UK tax professional Tim Law discusses Autumn Statement 2016, released today, focusing on tax changes for large business. . .
Europe
Austria
Asia-Pacific
New Hong Kong, Russia tax treaty enters into force
A tax treaty signed by Hong Kong and Russia entered into force on July 29, Hong Kong’s Inland Revenue department has announced. The agreement will be in effect in Hong Kong for any tax year . . .
Europe
Netherlands and Switzerland agree on tax treatment of investment vehicles under tax treaty
Wiebe Dijkstra, Frank Pötgens, and Klaas Versteeg, of De Brauw Blackstone Westbroek, Amsterdam, analyze two mutual agreements recently concluded between the Netherlands and Switzerland concerning the taxation of collective investment vehicles, arguing that one of the agreements inappropriately prevents taxpayers from accessing the benefits of the Dutch-Swiss tax treaty . . .
Europe
Americas
Europe
Protocol to UK / Isle of Man tax treaty enters into force
A protocol amending the double tax treaty between the Isle of Man and the UK entered into force March 23 the . . .
Europe
Europe
Europe
Europe
Europe
Europe
Europe
Digital Economy
Europe
Americas
Europe
Europe
Europe
UK proposes tax on royalties paid to low tax countries, hitting multinational digital businesses
UK Chancellor Philip Hammond in his Autumn Budget speech today proposed a new tax on multinational firms designed to primarily reach firms in the digital sector. The UK government also published a position paper outlining its thinking on the taxation of digital firms. Following consultation, the UK government . . .
Americas
OECD publishes peer review reports on tax dispute resolution in US, Belgium, Canada, Netherlands, Switzerland, UK
The OECD has today published peer review reports that critique the tax treaty dispute resolution process of six countries: United States, Belgium, Canada, the Netherlands, Switzerland, and the United Kingdom. The peer review was conducted by the “Inclusive Framework on BEPS,” comprised of over 100 countries that have pledged to . . .
Africa
Europe
