Americas

Ireland, US multinationals to face new tax landscape in 2018

Jim Stewart, Trinity Business School, Trinity College, Dublin discusses how EU tax authorities’ increasing challenges to the tax strategies of US multinationals, their access to information about MNE activities, US tax reform, and the net effect of ‘correlative adjustments,’ are creating a new tax environment for US MNEs, Ireland, and international taxation in general . . .

Europe

Japan, Iceland sign tax treaty

The governments of Japan and Iceland on January 15 signed their first tax treaty, Japan’s Ministry of Finance has announced. The treaty, which is not yet in force, would reduce withholding taxes on interest and royalties to zero. The treaty reduces withholding taxes on dividends to zero

Asia-Pacific

Cyprus, Saudi Arabia sign tax treaty 

The governments of Cyprus and Saudi Arabia signed a tax treaty on January 3, Cyprus’s Ministry of Finance has reported. The new tax pact is based on the OECD Model Convention for the Avoidance of Double Taxation on Income and on . . .