Asia-Pacific
Asia-Pacific
Asia-Pacific
India’s multilateral instrument choices: a quick run-through
Sriram Govind, a research and teaching associate at the Institute for Austrian and International Tax Law, discusses India’s choices for the multilateral instrument and possible implications to its tax treaty network . . .
Asia-Pacific
Asia-Pacific
What the Chevron decision means for Australia and transfer pricing worldwide
Nick Drizen of BDO Australia discusses the Australian Full Federal Court’s landmark decision in Chevron, providing insight into transfer pricing for intercompany loans . . .
Asia-Pacific
New India GAAR circular aims for clarity but remains unsatisfactory
Sriram Govind of the Institute for Austrian and International Tax Law discusses a circular issued by the Indian government January 27 which contains welcome clarifications on India’s coming GAAR but also includes statements that will likely increase confusion, such as how the GAAR will be applied in some cases involving tax treaties . . .
Asia-Pacific
Hong Kong and Belarus sign tax treaty, text available
Hong Kong’s Inland Revenue Department has announced that Hong Kong and Belarus signed a tax treaty on . . .
Asia-Pacific
Updated Singapore transfer pricing guidance allows simplified method for related party loans
Singapore’s Inland Revenue Authority (IRAS) on January 12 published the fourth edition of its e-Tax Guide on transfer pricing. The new guidance includes a discussion . . .
Asia-Pacific
Australia-Germany tax treaty enters into force
A tax treaty signed between Australia and Germany entered into force on December 7, Australia’s . . .
Asia-Pacific
Asia-Pacific
Asia-Pacific
Iceland and UAE sign tax information exchange agreement
Iceland has signed a tax information exchange agreement with the UAE, completing an effort to sign such agreements with low-tax countries . . .
Asia-Pacific
Asia-Pacific
India clarifies FATCA/CRS reporting regarding currencies, fixed deposits
The Indian goverment has provided financial institutions with more guidance on how to handle currencies and fixed deposit accounts for purposes of Foreign Account Tax Compliance Act (FATCA) and common reporting . . .
Africa
Asia-Pacific
Asia-Pacific
Africa
Asia-Pacific
Asia-Pacific
Asia-Pacific
Asia-Pacific
Asia-Pacific
Asia-Pacific
Americas
Asia-Pacific
Indian transfer pricing case could signal new approach for advertising, promotional expense
India transfer pricing specialist Ajit Jain discusses a tribunal decision that adopts a new way to analyze advertisement, marketing, and promotional expenses for transfer pricing purposes. . .
Asia-Pacific
Japan, Iceland to negotiate tax treaty
The governments of Japan and Iceland will initiate negotiations for. . .
Asia-Pacific
Japan, Russia agree to new tax treaty
Japan and Russian will sign a new tax treaty, Japan’s Ministry of Finance has announced. The two countries have . . .
Asia-Pacific
Asia-Pacific
Asia-Pacific
Americas
US, Bahrain sign Model 1 FATCA IGA
The US Treasury Department today updated its FATCA website, reporting that Bahrain and the US signed a Model 1 intergovernmental . . .
Asia-Pacific
Asia-Pacific
Hong Kong sets out plan to adopt BEPS tax measures, revamp transfer pricing laws
Hong Kong’s priorities for implementing the OECD/G20 base erosion profit shifting (BEPS) project include adopting the four BEPS minimum standards and putting in place a legislative framework for a new transfer pricing regulatory regime, according . . .
Africa
Multinationals asked to assess MAP tax dispute resolution in US, UK, Belgium, Canada, Netherlands, Switzerland
The OECD has today asked international business to report grievances about the mutual agreement procedure (MAP) for resolving cross-border tax disputes in the US, UK, Belgium, Canada, Netherlands, and Switzerland. The OECD seeks responses to a . . .
Asia-Pacific
Japan-Austria tax treaty negotiations commence
The governments Japan and Austria will negotiate amendments to their 50+ year old tax treaty, Japan’s. . .
Asia-Pacific
Australian taxation office consults on new public disclosure requirement for large businesses
The Australian Taxation Office (ATO ) has today launched a consultation on rules to implement a new law that will significantly increase public disclosures required by many large businesses operating in Australia, particularly . . .
Asia-Pacific
Japan to begin tax treaty negotiations with Latvia
The governments of Japan and Latvia intend to begin negotiations to conclude a tax treaty, Japan’s . . .
Asia-Pacific
Tan Ching Yee appointed as board chairman of Singapore’s tax agency
Tan Ching Yee has been appointed Chairman of the Board of the Inland Revenue Authority of Singapore (IRAS), Singapore’s Ministry . . .
Asia-Pacific
UAE signs tax treaty with Jordan
The United Arab Emirates has signed a tax treaty with Jordan, the UAE’s Ministry . . .
