What We're Reading

Multinational

New framework for selecting and adjusting foreign comparables for developing countries offered by Paris NGO: Bert Steens, Christof Beuselinck, Matthis Pettutshnig & Sébastien Gonnet / TPED→

January 13, 2020

Africa

Cameroon modifies transfer pricing documentation rules, clarifies arm’s length standard: Business in Cameroon→

January 10, 2020

Europe

International tax reform could reduce Ireland’s annual tax receipts by EUR 2 billion (USD 2.2 billion) by 2025, Ireland’s Department of Finance concludes: Government of Ireland→

January 9, 2020

American Samoa

France’s updated tax blacklist includes Panama Anguilla, Bahamas, Fiji, Guam, BVI, Oman, American Samoa, Samoa, Seychelles, Trinidad and Tobago, US Virgin Islands, Vanuatu: Rosemont International→

January 9, 2020

US multinationals disagree on whether US should retaliate against France for DST: USCIB→

January 8, 2020

Asia-Pacific

Pakistan’s nonresident tax regime has been simplified to encourage long-term investment in debt instruments and government securities, SBP says: State Bank of Pakistan→

January 8, 2020

Poland further defers new withholding tax: EY→

January 7, 2020

Americas

To avert trade war, US and France agree to seek digital tax compromise over the next 15 days: William Horobin & Laura Davison / Bloomberg→

January 7, 2020

Belgium

Belgium gazettes law clarifying earnings stripping rules: KPMG→

January 6, 2020

Asia-Pacific

Austrian coalition plan endorses corporate tax rate to drop from 25% to 21%: Reuters→

January 6, 2020

Asia-Pacific

Taiwan changes monetary thresholds for country-by-country reporting: Deloitte→

January 6, 2020

Europe

Germany’s new R&D tax incentive enters into effect: Karen Hensley-Chelstowska / Duff & Phelps→

January 6, 2020

Asia-Pacific

Malaysia announces measures to prevent double taxation from digital services tax: Chester Tay / The Edge Markets→

January 6, 2020

Europe

Ireland updates guidance for obtaining MAP assistance: Irish Tax and Customs→

January 6, 2020

Americas

Any US trade action over French DST would lead to retaliation and WTO challenge, minister warns: Reuters→

January 6, 2020

Americas

Google to end use of ‘Double Irish, Dutch sandwich’ tax loophole: Edward Helmore / The Guardian→

January 4, 2020

Digital Economy

Estonia won’t enact a digital tax, minister says: ERR→

December 30, 2019

Asia-Pacific

Malaysia’s 6% digital services tax to take effect Jan.1: Clarissa Chung / The Star Online→

December 30, 2019

Digital Economy

EU Parliament adopts resolution supporting an EU-wide digital tax should global negotiations fail: European Parliament→

December 22, 2019

Multinational

Professors say that magnitude of BEPS problem is overstated due to incorrect accounting treatment of indirectly owned foreign affiliates: Jennifer Blouin & Leslie A. Robinson / SSRN→

December 22, 2019

Asia-Pacific

Bangladesh transfer pricing officials request information from 921 MNEs to assess potential tax avoidance: Jasim Uddin / New Age→

December 16, 2019

Africa

New Nigeria circular explains how nonresidents may claim tax treaty benefits: Federal Inland Revenue Service→

December 11, 2019

Asia-Pacific

UAE finance ministry announces that it has begun to receive CbCR reports: ZAWYA→

December 11, 2019

Outlook for global consensus on an international tax update appears “bleak,” tax researchers conclude: Rasmus Corlin Christensen & Martin Hearson / Roosevelt Institute→

December 11, 2019

Austria

Germany, France, Italy, seven others, supporting plan for EU tax on stock trades of a minimum of .2% of transaction value: Patricia Kowsmann / Wall Street Journal→

December 11, 2019

Asia-Pacific

Facebook to collect 6% digital tax in Malaysia beginning January 1: Alexander Wong / SoyaCincau.com→

December 11, 2019

Americas

France will challenge at WTO any US tariffs imposed in retaliation for DST, Finance Minister says: Geert De Clercq / Reuters→

December 11, 2019

Europe

Fiat to appeal State aid verdict with EU Court of Justice: Foo Yun Chee & Giulio Piovaccari / The New York Times→

December 11, 2019

Americas

US publishes US-France joint statement on implementation of spontaneous exchange of country-by-country reports on multinationals: US Treasury→

December 9, 2019

Europe

Ireland updates guidance on FATCA implementation: Irish Tax and Customs→

December 9, 2019

Americas

France rejects US plan to turn pillar one of tax rewrite into a “safe harbor,” says EU should negotiate digital tax if global agreement falls through: Tom Ozimek / Epoch Times→

December 9, 2019

Asia-Pacific

South Korea, Cambodia sign tax treaty: The Korea Herald→

December 5, 2019

Asia-Pacific

Microsoft settles New Zealand transfer pricing dispute: Paul McBeth / NZ Herald→

December 3, 2019

Developing countries’ favored formulary approach is superior to OECD proposal which cobbles together parts of incompatible proposals, professor asserts: Sol Picciotto / ICTD→

December 3, 2019

Africa

Tax researcher disagrees with OECD’s Ben Dickenson, says developing countries should negotiate global tax rewrite as a block to even out power imbalance: Joy Ndubai / ICTD→

November 29, 2019

Asia-Pacific

New Zealand issues updated R&D guide: Inland Revenue Service→

November 29, 2019

Asia-Pacific

Singapore issues new GST guide for e-commerce: Inland Revenue Authority of Singapore→

November 22, 2019

Asia-Pacific

BHP settles longstanding transfer pricing dispute with Australian Tax Office over Singapore marketing hub: BHP→

November 21, 2019

Americas

OECD’s digital tax plan would raise little revenue for France, Germany, US, and China, French Council of Economic Analysis concludes: Financial Times→

November 19, 2019

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