What We're Reading

Digital Economy

Italy probing whether infrastructure used by Netflix constitutes a PE: Stuart Thomson / Digital TV Europe→

October 3, 2019

Europe

EU should be ready to act if no digital tax deal is struck by the end of 2020, incoming EU Commissioners say: EU Reporter→

October 2, 2019

Europe

Jim Harra appointed interim chief of UK tax agency: Beckie Smith / Civil Service World→

October 2, 2019

Africa

Zambia budget includes transfer pricing measures: KPMG→

October 1, 2019

Europe

Jersey launches consultation on mandatory disclosure rules: Government of Jersey→

September 26, 2019

Multinational

OECD releases Tax Inspectors Without Borders annual report: OECD→

September 24, 2019

Europe

Netherlands hits British American Tobacco with £902m (USD 1.1b) tax bill over fees paid for loans from UK holding company: DutchNews.nl→

September 24, 2019

OECD publishes fact-sheet ahead of October report recommending higher taxes on polluting fuels: OECD→

September 24, 2019

Asia-Pacific

Philippines issues transfer pricing audit guidelines: EY→

September 19, 2019

Americas

Ireland outlines arguments in Apple state aid case: Ireland Department of Finance→

September 18, 2019

Digital Economy

Ireland will be better off with global tax deal, Saint-Amans says: Eoin Burke-Kennedy / The Irish Times→

September 18, 2019

Asia-Pacific

Australia updates guidance on simplified transfer pricing recordkeeping: Australian Taxation Office→

September 17, 2019

Europe

Google settles French tax dispute for €500m (USD 550m): BBC News→

September 16, 2019

Asia-Pacific

Vietnam to use legal, economic, technological means to collect tax from cross border services, official says: CustomsNews→

September 16, 2019

Americas

Ireland/Apple appeal of Commission’s 13 billion euro ($14.4 billion) State aid tax case to be heard this week in Europe’s General Court: Foo Yun Chee / Reuters→

September 16, 2019

Armenia

Armenia approves ratification of Armenia-Denmark double tax treaty: ARMENPRESS→

September 12, 2019

Multinational

New OECD report on “tax morale” addresses what drives people to pay tax to aid countries’ tax compliance rates: OECD→

September 11, 2019

Europe

EU to consider hiking taxes on polluting energy products, ending air and sea transport tax exemptions confidential paper says: Francesco Guarascio / Reuters→

September 11, 2019

Europe

Guernsey proposes introduction of limited liability companies: Jenna Lomax / Captive Insurance Times→

September 10, 2019

Europe

Margrethe Vestager, proponent of EU state aid tax probes, reappointed Commission competition chief, will also lead digital policy: Mark Scott / Politico→

September 10, 2019

Americas

Amazon must pay South Carolina sales tax on sales by merchants using its platform: Post and Courier→

September 10, 2019

Asia-Pacific

Hong Kong government website updated to specify transfer pricing documentation requirements: Inland Revenue Department→

September 9, 2019

Africa

OECD report discusses tax reform, trends in OECD countries and Argentina, Indonesia, South Africa: OECD→

September 7, 2019

Asia-Pacific

Hong Kong government publishes revisions to practice note on deduction for foreign losses: Inland Revenue Department of Hong Kong→

September 7, 2019

Market valuation increases for companies that engage in tax avoidance or corporate social responsibility activities but lowers for those that do both, study concludes: Kerry K. Inger / Brian Vansant / American Accounting Association→

September 7, 2019

Asia-Pacific

Indonesia government to introduce bill making foreign digital firms liable for 10 percent VAT, cutting corporate rate: Reuters→

September 7, 2019

Walmart avoided US and Chinese taxes using Hong Kong shell company, Chinese joint venture taxed nowhere, former exec says: Max de Haldevang / Quartz→

September 7, 2019

Asia-Pacific

Czech finance ministry to introduce 7 percent digital tax beginning mid-2020: Reuters→

September 5, 2019

Europe

Sweden to introduce bank tax: Reuters→

September 5, 2019

Asia-Pacific

New Malaysia tax guide addresses application of sales tax and services tax on digtial services: Royal Malaysian Customs Department→

September 4, 2019

Poland abandons digital service tax after US VP visit: polandin.com→

September 4, 2019

Europe

Germany eyes cutting corporate rate to 25 percent: Birgit Jennen / Bloomberg→

September 3, 2019

Europe

UK raises four pleas before CJEU in appeal of Commission’s state aid decision on CFC rules: KPMG United Kingdom→

September 3, 2019

Asia-Pacific

Australian Federal Court in Burton approves 50% credit for US tax paid on capital gain that is 50% taxable in Australia: Deloitte→

August 29, 2019

Europe

Russian tax authority guidance issued on beneficial ownership rules for holding and investment companies: EY→

August 29, 2019

Africa

Nigeria to collect company tax debt from directors, staff: Deloitte→

August 29, 2019

Asia-Pacific

Australian tax authority disallows Shell’s AUD 2.2bn (USD 1.4bn) tax deduction for gas tenement purchases: Ben Butler / The Guardian→

August 27, 2019

Americas

US IRS corrects final GILTI regs: Federal Register→

August 27, 2019

Asia-Pacific

Singapore tax authority publishes etax guide titled “GST: Taxing imported services by way of an overseas vendor registration regime”: Inland Revenue Authority of Singapore→

August 26, 2019

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