What We're Reading

EU proposal likely to require public disclosure of MNE tax haven profits, taxes paid, etc. on a country-by-country basis, sources say: Jennifer Rankin / The Guardian→

April 8, 2016

See: The Guardian. Related: MNE Tax.

Asia-Pacific

US and OECD approve of India’s data systems for transmission of confidential country-by-country reports, sources say: Remya Nair / Livemint→

April 1, 2016

See: Livemint.

Americas

Colombia clarifies that dividend tax won’t apply to dividends paid from pre-FY 2017 profits: EY→

March 14, 2019

Digital Economy

EU states set to scrap digital tax plan, to work for global reform: Reuters→

March 6, 2019

Americas

OECD tax officials visit Cayman after Dutch tax blacklisting, “One should first think about what a tax haven is, before putting that label on the Cayman Islands,” says Pascal Saint Amans: Cayman Islands Financial Services→

January 14, 2019

Prior coverage: MNE Tax

Europe

Germany mulls corporate relief, no rate cut: Donata Riedel & Thomas Sigmund: Handelsblatt Global→

October 16, 2018

Africa

Zambia to replace VAT with sales tax: Lusakatimes.com→

October 3, 2018

Multinational

Authors discuss MLI’s effects on bilateral tax treaties through use of compatibility clauses: Sriram Govind, Pasquale Pistone / SSRN→

July 17, 2018

Americas

Following TCJA, Section 982 election can be attractive for US individual shareholders of CFCs: Jeffrey L. Rubinger & Summer Ayers LePree / Blizin Sumberg→

February 9, 2018

Americas

US MNEs could shave 4 billion off deemed repatriation tax bill by distributing foreign cash as dividends before fiscal year end: David Morgan / Reuters→

January 12, 2018

Americas

Professor analyzes reasons why US companies invert, recommends tax system reform: Michael S. Knoll / SSRN→

November 15, 2017

Austria

Front-running Austrian conservatives advocate MNE tax avoidance crackdown: Reuters→

August 30, 2017

EU Code of Conduct group works in secret to create EU blacklist of tax havens: Jean Comte / EU Observer→

July 18, 2017

Europe

Germany, France working to establish common corporate tax system: Reuters→

June 1, 2017

EU report addresses proposal for a common corporate tax base (CCTB): EU Parliament→

May 8, 2017

Americas

Trump says US House border-adjustment plan is overly complex: Richard Rubin & Peter Nicholas / WSJ→

January 17, 2017

See: WSJ. See also, The Hill.

Luxembourg’s Juncker blocked EU code of conduct group anti-tax avoidance measures, leaks show: Simon Bowers / The Guardian→

January 4, 2017

See: The Guardian. More: Luxemburger Wort, RT.

Americas

US should adopt worldwide tax system without deferral, foreign tax credit, professors argue: J. Clifton Fleming, Robert J. Peroni, Stephen E. Shay / SSRN→

November 26, 2016

See: SSRN.

Countries push for coordinated rules ensuring taxation of dividend, royalty payments leaving the EU: Joe Kirwin / Bloomberg BNA→

October 6, 2016

See: Bloomberg BNA.

Europe

Britain wont lower corporate rate to 15% say sources quoting Hammond: Bloomberg→

September 13, 2016

See: Bloomberg.

Multinational

Investment flows through special purpose entities in offshore financial hubs surged in 2015, says UN report→

May 5, 2016

See: UNCTAD Global Investment Trends Monitor.

Americas

Russia weighs sanctions against UK for permitting tax evasion through Cayman Islands and BVI: Kenneth Rijock / Caribbean News Now→

March 30, 2016

See: Caribbean News Now.

Americas

US MNEs may not file country-by-country reports with IRS for tax years prior to regs’ effective date, official says: Brant Goldwyn / CCH→

March 11, 2016

See: CCH.

Europe

Italy to cut corporate rate to 20 percent, roll back individual income tax, leaked document says: Reuters→

April 9, 2019

Americas

Amazon to again pay $0 US federal tax despite 2018 profits of $11.2b, citing unspecified tax credits, executive stock option break: Matthew Gardner / ITEP→

February 16, 2019

Americas

Google shifted USD 23 billion income to tax haven Bermuda in 2017 using Dutch shell company: Reuters→

January 4, 2019

Europe

Ireland records first budget surplus since crash aided by record collection of €10.4 billion in corporation tax, largely from multinationals: Eoin Burke-Kennedy / The Irish Times→

January 3, 2019

Africa

Zimbabwe to impose 2 cents per dollar tax on electronic transactions: Crecey Kuyedzwa / Fin24→

October 3, 2018

Africa

New Nigerian transfer pricing regs promote compliance, official says: Peter Uzoho / THISDAYLIVE→

September 20, 2018

Asia-Pacific

Australian PM drops plan to cut large corporation tax rate from 30 percent rate to 25 percent: Cathy Zhang / The Epoch Times→

August 23, 2018

Americas

Apple to pay $38bn tax to repatriate existing offshore earnings: Stephen Nellis / Reuters→

January 17, 2018

Americas

US House Ways and Means removes excise tax on deductible payments to related foreign companies from tax bill: Richard Rubin / Wall Street Journal→

November 7, 2017

Multinational

US business group argues Platform for Collaboration on Tax “toolkit” should be withdrawn: USCB→

October 24, 2017

Asia-Pacific

Kuwait sends first FATCA file to US: Arab Times→

October 10, 2017

Some EU ministers skeptical of tax on digital firms: Joe Kirwin / Bloomberg BNA→

September 19, 2017

Europe

Luxembourg will not immediately oppose EU equalization tax proposal: Luxemburger Wort→

September 14, 2017

Asia-Pacific

Pakistan: draft legislation introduces country-by-country reporting: Federal Board of Revenue→

June 8, 2017

Asia-Pacific

UAE president to issue VAT law within 2-4 months: Yasmine Saleh / Zawya→

March 16, 2017

See: Zawya.

Multinational

Paper addresses use of “normal” versus “excess” returns in tax policy: Hayley Reynolds, Thomas Neubig / OECD Taxation Working Papers→

November 15, 2016

See: OECD iLibrary.

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