Council of the European Union
EU Court of Justice rules in Banco Santader case involving Spanish tax system, State aid: Curia→
See: Curia. This ruling will be covered in detail in a future MNE Tax article.
Europe
Americas
Europe
Draft UK tax guidance clarifies hybrid mismatch law
The UK, on December 9, published draft tax guidance to clarify aspects of hybrid mismatch legislation which will take effect January 1, 2017. The legislation, introduced . . .
Europe
Switzerland announces entry into force of tax treaties with Liechtenstein, Oman
Davide Anghileri of the University of Lausanne discusses Switzerland’s new tax treaties with Liechtenstein and Oman . . .
European Commission
Ireland appeals Apple state aid decision
The Irish government today filed suit to annul the EU Commission’s decision in the Apple case, which concluded that Ireland granted Apple about €13 billion (USD 14.5 billion) in illegal state aid by . . .
Europe
Switzerland weighs withholding tax change to ease multinational group financing
The Swiss government has proposed to amend Switzerland’s withholding tax regime to facilitate the raising of capital by multinational groups, writes Davide Anghileri, PhD researcher and lecturer at the University of Lausanne in Switzerland . . .
Council of the EU
Czech Republic threatens to derail EU anti-tax avoidance deal unless VAT fraud addressed
Ahead of tomorrow’s ECOFIN meeting seeking agreement the EU anti-tax avoidance directive, Czech Republic finance Minister Andrej Babiš is warning that, to win his country’s support for the directive, EU ministers . . .
Europe
EU Commission publishes State aid decision on Fiat’s Luxembourg tax ruling
The EU Commission today published the non-confidential version of its decision concluding that an advance pricing agreement (APA) granted to a Fiat subsidiary by Luxembourg is illegal . . .
Europe
Liechtenstein studying implementation of BEPS tax measures
Liechtenstein’s government on March 4 announced that it has instructed its tax authority to prepare a consultation report on implementing tax measures in the . . .
Asia-Pacific
Cyprus-Georgia tax treaty enters into force
A tax treaty between Cyprus and Georgia entered into force on January 4, Cyprus’s Ministry of Finance . . .
Americas
Africa
Asia-Pacific
Europe
Europe
Europe
Netherlands publishes list of low-tax jurisdictions for proposed new source tax, CFC rules
Jian-Cheng Ku, Tim Mulder, and Rhys Bane of DLA Piper, Amsterdam, follow up on their article on the 2019 Dutch budget, noting that the Netherlands government has now published a proposed a list of jurisdictions qualifying as “low-tax jurisdictions” for purposes of the proposed source tax and the CFC rules . . .
United Kingdom
Europe
Europe
Africa
EU removes Bahamas, Saint Kitts and Nevis from tax blacklist, agrees on rules for intermediaries
MNE Tax contributing editor, Davide Anghileri, discusses a Council of the European Union May 25 meeting where EU States agreed on new rules for regulating intermediaries that design or promote tax planning schemes; new wording to be included in agreements with third countries on good governance in tax matters; and moving the Bahamas and Saint Kitts and Nevis from the EU’s tax blacklist list to its “gray list” . . . ,
Europe
Europe
Europe
Europe
Americas
Cyprus
Europe
Belarus
Austria
Europe
Europe
Europe
Europe
Europe
Americas
Council of the EU
EU Council reaches ATAD II compromise to close hybrid mismatch tax loophole
Davide Anghileri, of the University of Lausanne, discusses an EU Council compromise agreement, reached today, on a directive addressing hybrid mismatches involving non-EU countries . . .
Cyprus
Cyprus specifies notification requirement for country-by-country reporting
Cyprus’ Ministry of Finance on December 22 announced that it will issue a decree setting out the requirements for country-by-country reporting . . .
Asia-Pacific
India-Cyprus tax treaty enters into effect
The revised India-Cyprus tax treaty, signed November 18, has entered . . .
Europe
No harm to EU investment under corporate debt-bias tax reform, Commission paper concludes
Davide Anghileri of the University of Lausanne discusses an October 27 EU Commission working paper on debt bias tax systems of the EU member states which concludes that reform can be revenue neutral and maintain EU investment . . .
