Asia-Pacific

Singapore tax guide addresses transfer pricing for commodity marketing, trading

May 28, 2019

Singapore’s Inland Revenue Service on May 24 released a new E-Tax guide aimed at helping . . .

Africa

Switzerland to exchange financial account information with 33 more countries for tax purposes

August 15, 2019

Davide Anghileri of the University of Lausanne discusses an August 14 decision of Switzerland’s Federal Council confirming that Switzerland will exchange financial account information with 33 more reviewed partner countries . . .

Africa

CIAT database reflects progress made by 15 countries implementing BEPS recommendations

August 9, 2019

In an August 8 update, the Inter-American Center of Tax Administrations (CIAT) has reported on 15 member countries’ progress adopting . . .

Asia-Pacific

New South Korea tax chief promises to reduce investigations into company tax affairs: Yonhap News Agency→

July 2, 2019

Americas

US Senate Foreign Relations Committee approves tax treaty protocols with Japan, Luxembourg, Spain, Switzerland

June 25, 2019

Tax treaty protocols amending US tax treaties with Japan, Luxembourg . . .

American Samoa

Dominica removed from the EU tax blacklist

June 17, 2019

The Council of the EU on June 14 removed Dominica from the . . .

BVI, Bermuda, Cayman top tax haven list; UAE, UK, France most aggressive in lowering other countries withholding tax via treaty: Tax Justice Network→

May 29, 2019

American Samoa

EU Council revises tax blacklist, plans less frequent list updates

May 17, 2019

Davide Anghileri of the University of Lausanne discusses today’s decisions by the EU Council regarding the EU list of non-cooperative tax jurisdictions . . .

Asia-Pacific

Australian taxation office explains hybrid mismatches through structured arrangements

July 25, 2019

The Australian Taxation Office (ATO) on July 25 issued new guidance on the meaning of . . .

Asia-Pacific

Amended India-China tax treaty protocol enters into force

July 19, 2019

An amending protocol to the China-India tax treaty has entered into force according to a July 17 notice of the Indian government, writes Prabhakar KS of Shree Tax Chambers . . .

Asia-Pacific

India ratifies multilateral tax convention

June 13, 2019

Prabhakar KS of Shree Tax Chambers, Bengaluru, India, discusses the June 12 ratification by India of the Multilateral Convention to implement the Tax Treaty related measures to prevent Base Erosion and Profit Shifting (MLI) almost 2 years after signing it . . .

Asia-Pacific

Australia publishes synthesized text of tax treaties with France, Finland, Malta as altered by MLI

August 9, 2019

The Australian government on August 9 published the synthesized texts of . . .

Asia-Pacific

Oman to delay 5 percent VAT until 2021: Avalara VATLive→

July 31, 2019

Asia-Pacific

Oman temporarily suspends dividend and interest withholding tax to attract foreign investment: PwC→

May 23, 2019

Americas

Tax laws of 12 low-tax countries including BVI, Bermuda, Cayman don’t harm other countries, 131-country group concludes

July 23, 2019

An OECD-led 131-country coalition, known as the “Inclusive Framework on BEPS,” has approved. . .

Asia-Pacific

G7 finance ministers agree on some features of international tax rewrite

July 18, 2019

G7 finance ministers, at their meeting in Chantilly, France on July 17–18, agreed to several aspects of a revised system for taxing multinationals. According to the ministers, the international tax and transfer pricing rules . . .

Asia-Pacific

Iraq, Netherlands sign tax treaty: Sangar Ali / Kurdistan24→

July 1, 2019

Americas

Japan, Argentina sign tax treaty

June 30, 2019

Japan’s Ministry of Finance on June 27 announced . . .

Americas

US Senate to consider Chile, Hungary, Poland, Japan, Luxembourg, Switzerland tax treaty protocols: Bloomberg Tax→

June 18, 2019

Asia-Pacific

BEPS multilateral tax treaty to enter into force for Ukraine

August 8, 2019

Ukraine today deposited with the OECD legal documents ratifying . . .

Asia-Pacific

UAE country-by-country reporting rules published

July 30, 2019

Saumitra R. Bhagwat and George German of Deloitte Middle East discuss new UAE Ministry of Finance transfer pricing guidance which sets out country-by-country reporting compliance obligations for multinational corporation groups. . .

Asia-Pacific

China APA report shows government’s continued reliance on transactional net margin method

June 18, 2019

Agnes Lo, Associate Professor, Lingnan University, Hong Kong, and Raymond Wong, Associate Dean at City University of Hong Kong, discuss China’s State Taxation Administration’s most recent report on its advance pricing arrangement program . . .

Asia-Pacific

New Zealand digital services tax update

June 11, 2019

Leslie Prescott-Haar, Stefan Sunde and Sophie Day of TP Equilibrium AustralAsia discuss a consultation launched by New Zealand Inland Revenue June 4 proposing a 3 percent digital services tax . . .

Asia-Pacific

Switzerland, Iran sign protocol amending tax treaty

June 3, 2019

The governments of Switzerland and Iran have signed protocol amending their . . .

Asia-Pacific

India-Marshall Islands tax information exchange agreement enters into effect

May 26, 2019

Prabhakar K S, Proprietor of Shree Tax Chambers, Bengaluru, Karnataka, India writes that on May 21 India announced that a tax information exchange agreement between India and the Marshall Islands entered into effect . . .

Asia-Pacific

Kuwait, Iraq sign tax treaty: Kuwait Times→

May 13, 2019

Asia-Pacific

India deposits MLI ratification instrument with OECD

June 26, 2019

India deposited with the OECD documents ratifying the Multilateral Convention to Implement . . .

Asia-Pacific

MLI to enter into force for United Arab Emirates

June 6, 2019

The United Arab Emirates deposited its instrument of . . .

Africa

Singapore, Korea sign tax updated treaty lowering withholding tax rates

May 13, 2019

The governments of Singapore and South Korea today signed . . .

Asia-Pacific

India considering barring auditors from more categories of non-audit work, official says: Injeti Srinivas / Live Mint→

May 13, 2019

Asia-Pacific

Australian High Court confirms that tax office can use leaked documents including those obtained from law firms: Australian Taxation Office→

August 14, 2019

Khaled Al Zaabi on Spanish government proposes digital services tax: “We are seeking assistance with Digital Assets and International Tax Consulting to help Abu Dhabi UAE Oil Company navigate the…” October 24 ,2024

Emma Hinson Sims on The Pillar One blueprint — the potential future of international taxation and transfer pricing: “HAPPY BIRTHDAY TO A VERY SMART, BEAUTIFUL, YOUNG LADY ON JANUARY 13TH.” January 6 ,2024

David Valdez on US Tax Court resolves Whirlpool tax dispute involving Mexican maquiladora structure: “Greetings Whirlpool Mexico, I’m trying to contact someone involved with the decision making for transportation from all of your Mexican…” October 20 ,2023

Jose Dominguez on The new US international tax rules: what you need to know about GILTI, FDII, BEAT etc.: “Very informative article. Question. Do you have a software to compute these US International Calcs to make them in house?” April 12 ,2023

Ciro César Soriano de Oliveira on Danish High Court rules on beneficial ownership of dividends for tax purposes: “Dear Ms Susi, This article is immensely clarifying. I’d like to know whether Danish Supreme Court has already granted its…” March 24 ,2023

May 19 – 20	Tax Council Policy Institute Conference	Washington, D.C.
May 19 – 20	IFA Second European Region Conference	Milan, Italy
May 24	IFA Webinar Series Pillar Two: An Update	Virtual Event
Sept. 4 – 8	IFA Congress	Berlin

Asia-Pacific

Singapore tax guide addresses transfer pricing for commodity marketing, trading

Switzerland to exchange financial account information with 33 more countries for tax purposes

CIAT database reflects progress made by 15 countries implementing BEPS recommendations

New South Korea tax chief promises to reduce investigations into company tax affairs: Yonhap News Agency→

US Senate Foreign Relations Committee approves tax treaty protocols with Japan, Luxembourg, Spain, Switzerland

Dominica removed from the EU tax blacklist

BVI, Bermuda, Cayman top tax haven list; UAE, UK, France most aggressive in lowering other countries withholding tax via treaty: Tax Justice Network→

EU Council revises tax blacklist, plans less frequent list updates

Australian taxation office explains hybrid mismatches through structured arrangements

Amended India-China tax treaty protocol enters into force

India ratifies multilateral tax convention

Australia publishes synthesized text of tax treaties with France, Finland, Malta as altered by MLI

Oman to delay 5 percent VAT until 2021: Avalara VATLive→

Oman temporarily suspends dividend and interest withholding tax to attract foreign investment: PwC→

Tax laws of 12 low-tax countries including BVI, Bermuda, Cayman don’t harm other countries, 131-country group concludes

G7 finance ministers agree on some features of international tax rewrite

Iraq, Netherlands sign tax treaty: Sangar Ali / Kurdistan24→

Japan, Argentina sign tax treaty

US Senate to consider Chile, Hungary, Poland, Japan, Luxembourg, Switzerland tax treaty protocols: Bloomberg Tax→

BEPS multilateral tax treaty to enter into force for Ukraine

UAE country-by-country reporting rules published

China APA report shows government’s continued reliance on transactional net margin method

New Zealand digital services tax update

Switzerland, Iran sign protocol amending tax treaty

India-Marshall Islands tax information exchange agreement enters into effect

Cyprus, Kazakhstan sign tax treaty: KNEWS→

Saudi Arabia publishes English-language guide on making tax rulings requests: General Authority of Zakat & Tax→

Singapore’s tax treaties with Finland and Guernsey amended by MLI

Kuwait, Iraq sign tax treaty: Kuwait Times→

India deposits MLI ratification instrument with OECD

Australia considering patent box tax break for IP, Treasurer Josh Frydenberg says: Denham Sadler / InnovationsAus.com→

India urges digital tax solution based on ‘significant economic presence’ at G20 finance ministers meeting: KNN→

Sri Lanka, Denmark to revise tax treaty: Economynext→

China offers tax break to chip design, software firms: Reuters→

Australia considers requiring more taxpayers to file reportable tax position schedule

MLI to enter into force for United Arab Emirates

Singapore, Korea sign tax updated treaty lowering withholding tax rates

India considering barring auditors from more categories of non-audit work, official says: Injeti Srinivas / Live Mint→

Australian High Court confirms that tax office can use leaked documents including those obtained from law firms: Australian Taxation Office→