Israel
Taiwan offers VAT refund to some foreign enterprises without fixed place of business
Taiwan’s taxation office announced Monday that foreign enterprises and other entities from specified countries that have no fixed place of business in Taiwan but engage in. . .
Israel proposes significant tax breaks to attract multinational corporation investment
Professor Rifat Azam discusses a draft Israeli proposal that offers big tax incentives to large multinationals that invest in Israel, particularity IP and knowledge-based investments . . .
China, India, Canada, Iceland, Israel, New Zealand agree to exchange of country-by-country transfer pricing reports
Officials from six countries today signed a multilateral agreement that sets out the parameters for the automatic exchange of country-by-country reports on large multinational corporations. China, India, Canada, Iceland, Israel, and New Zealand joined 33 other countries that have . . .
Switzerland agrees to automatic exchange of information with Israel, New Zealand, San Marino
Switzerland has signed joint declarations on the introduction of automatic exchange of information in tax matters with Israel, New Zealand, and San Marino, writes Davide Anghileri, a researcher at the University of Lausanne . . .
Israel signs Multilateral Convention on Mutual Administrative Assistance in Tax Matters
Israel became the 91st signatory of the Multilateral Convention on Mutual Administrative Assistance in Tax Matters on November 24, the OECD . . .
UK announces plans to begin tax treaty negotiations with several nations
In a paper released November 13, the UK’s HMRC has announced that it will begin tax treaty negotiations with Nepal, Romania, Trinidad, Tobago . . .
Germany and Israel sign revised tax treaty
Germany and Israel, on August 21, signed a revised and modernized double taxation convention, updating their agreement which was last modified in 1977.
The agreement reduces withholding tax on interest and . . .
Australia announces intent to begin tax treaty negotiations with Israel
Australia’s Treasurer Joe Hockey on September 17 announced that Australia intends to commence tax treaty negotiations . . .
Israeli draft guidance imposes corporate tax and VAT on foreign Internet companies
Yuval Navot, a partner with Herzog, Fox & Neeman, Tel Aviv, analyzes draft guidance released by the Israel Tax Authority on April 2 which specifies when a foreign Internet firm has a permanent establishment in Israel giving rise to corporate taxation and has business activity in Israel requiring VAT registration.