What We're Reading–MNE Tax

Asia-Pacific

Synthesized text of Belgium-Australia tax treaty as modified by MLI published: Australian Taxation Office→

Americas

UK to consider US opposition to its planned digital services tax as it negotiates US trade deal: Reuters→

Americas

Japan’s finance minister criticizes US digital tax safe harbor proposal at G20 meeting: Leika Kihara / Reuters→

February 26, 2020

Asia-Pacific

Turkish presidential decree provides CbCR, transfer pricing documentation guidance: KPMG→

February 25, 2020

Americas

CRS study identifies problems with 2017 US international tax changes, suggests possible revisions: Congressional Research Service→

February 25, 2020

Europe

Gibraltar publishes final DAC6 rules requiring intermediary and some taxpayers to reporting on cross-border arrangments: Gibraltar Gazette→

February 25, 2020

Americas

OECD releases reports assessing tax dispute resolution in Brunei Darussalam, Curaçao, Guernsey, Isle of Man, Jersey, Monaco, San Marino, Serbia: OECD→

February 24, 2020

Asia-Pacific

Australia issues transfer pricing guidance on issues related to projects involving the use in Australian waters of non-resident owned mobile offshore drilling units: Australian Taxation Office→

February 19, 2020

Americas

US makes corrections to final BEAT regs: US Treasury→

February 19, 2020

Digital Economy

OECD impact analysis shows that proposed digital tax reform won’t generate meaningful tax revenue, particularly for developing countries, NGO says: ICRICT→

February 17, 2020

Americas

US corrects date in final regs on transfers of property by US persons to partnerships with related foreign partners: US Treasury→

February 17, 2020

Digital Economy

OECD Secretariat report summarizes international tax issues for G20 finance ministers meeting with focus on digitalization, tax transparency, BEPS, capacity building: OECD→

February 17, 2020

Zuckerberg to tell German conference he supports OECD-led tax reform effort depsite likelihood Facebook will pay more tax: BBC News→

February 14, 2020

Asia-Pacific

India’s cabinet approves protocol to treaty with Sri Lanka that includes BEPS minimum standards: Indus Dictum→

February 12, 2020

Americas

Altera appeals its loss in transfer pricing/stock-based compensation dispute to Supreme Court: Aysha Bagchi / BloombergTax→

February 11, 2020

Americas

IRS to argue this week in US Tax Court that Facebook owes an additional $9 billion taxes because it undervalued IP: Richard Rubin / Wall Street Journal→

February 10, 2020

Asia-Pacific

Turkey releases draft guidance to implement 7.5 percent digital services tax: KPMG→

February 10, 2020

Asia-Pacific

Indonesia plans corporate rate cut, 10 percent VAT on foreign internet company sales: Pedro Gonçalves / International Investment→

February 5, 2020

Asia-Pacific

Cisco pays New Zealand NZ 4.6m (~USD 3m) additional tax for transfer pricing compensating adjustment: Tom Pullar-Strecker / Stuff.co.nz→

February 5, 2020

Digital Economy

UK Labor MP Dame Margaret Hodge accuses Nexflix of tax avoidance: BBC News→

February 5, 2020

Austria

Austria objects to German proposal to exclude from financial transaction tax derivatives and other speculative instruments making deal among 10 EU states less likely: The Associated Press / The New York Times→

February 4, 2020

Americas

Walmart doesn’t owe sale tax on items sold through its marketplace, Louisiana Supreme Court holds: AP / The New York Times→

January 30, 2020

Denmark

Denmark reverses course, supports EU digital deal should OECD effort fail, prime minister says: Morten Buttler / Bloomberg→

January 29, 2020

Americas

US files official protest against Czech digital tax: Nelly Tomcikova / bne IntelliNews→

January 28, 2020

Americas

Nebraska introduces bill adding sales of digital advertising to sales tax base: Charles Capouet & Charlie Kearns / Eversheds Sutherland SALT Shaker→

January 27, 2020

Digital Economy

UK will introduce DST from April 2020 despite OECD plea for delay, Treasury official says: Anna Menin / CityAM→

January 27, 2020

Americas

US will retaliate if the EU adopts a carbon tax that is protectionist, commerce secretary warns: Gillian Tett, Chris Giles, & James Politi / Financial Times→

January 26, 2020

Americas

US’s Mnuchin says US could impose auto tariffs as retaliation against countries that impose digital taxes: Saleha Mohsin & Catherine Bosley / Bloomberg→

January 22, 2020

Americas

French minister announces US-France digital tax deal: through December France will impose but delay collection of DST, US will delay imposition of retaliatory tariffs: Pan Pylas & Jamey Keaton / AP→

January 22, 2020

Africa

Nigeria’s new finance bill becomes law adding new VAT rate of 7.5%, digital tax, withholding on tax foreign services: Celia Becker / ENSafrica→

January 22, 2020

Americas

Apple’s Tim Cook says international tax system needs revision: Padraic Halpin / Reuters→

January 21, 2020

Americas

France to delay DST, US to delay tariffs to allow more time for international tax deal, unnamed French officials say: James Politi, Mehreen Khan, Victor Mallet, & Martin Arnold / Financial Times→

January 21, 2020

Americas

US proposal for optional pillar one tax is a “non-starter” French minister says: Reuters→

January 17, 2020

Asia-Pacific

India retail trade group stages protests in 300 cities over Amazon founder Jeff Bezos’ India visit citing Amazon practices such as GST and income tax avoidance: MENAFN.COM→

January 16, 2020

Asia-Pacific

Bahrain guidance describes how to calculate value of related party transactions for VAT: PWC→

January 15, 2020

Americas

Mexico publishes rules for digital platforms to register for withholding tax (in Spanish): Government of Mexico→

January 13, 2020

Asia-Pacific

Heineken’s Singapore sub pays additional Vietnam tax of VND 917.2 b (USD 39.7 m) for transfer of stake in Vietnam sub to Vietnam sub, tax treaty inapplicable as assets comprised of 50 percent real estate: Nguyen Ha / VnExpress International→

January 13, 2020

Americas

EU trade Commissioner Phil Hogan in US this week as digital tax dispute heats up: Doug Palmer / POLITICO→

January 13, 2020

Digital Economy

Norway Finance Minister to introduce digital tax if 2020 international solution fails: Mari Brenna Vollan / Klassenkampen (in Norwegian)→

January 13, 2020

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