What We're Reading–MNE Tax

Denmark

Danish government proposes capital gains tax cut: Julie Astrid Thomsen / Reuters→

August 30, 2017

No Picture

EU weighing approaches for tax blacklist sanctions, to allow individual State lists: Joe Kirwin / Bloomberg BNA→

August 14, 2017

Americas

US seeks to intervene in Apple appeal of EU State aid case, sources say: Diane Bartz / Reuters→

Americas

Paper analyzes effect of US MNE foreign cash, ‘trapped cash,’ permanently reinvested earnings: Stacie Kelley Laplante & Wayne L. Nesbitt / SSRN→

No Picture

Apple’s tricky argument regarding subs’ income source may not sway EU court, NYU prof says: Daniel Shaviro / Start Making Sense→

February 23, 2017

See: Start Making Sense.

Europe

Hungary to cut corporate tax rate to 9 percent next year: Jason Karaian / Quartz→

November 26, 2016

See: Quartz. More: RTE, Financial Times

Americas

Brazil adds Ireland, Austria, Curaçao and Saint Martin to tax haven list: Julio Wiziack / Folha de S.Paulo→

September 19, 2016

See: Folha de S.Paulo. More: Reuters. See: Notice.

Asia-Pacific

India’s GST bill passes Rajya Sabhain: Hindustan Times→

See: Hindustan Times. More: Indian Express, Times of India, Quartz, BBC News.

Asia-Pacific

Australia publishes synthesized text of tax treaty with Slovak Republic as affected by the MLI: Australian Taxation Office→

International Monetary Fund

IMF paper proposes criteria for assessing international tax reform proposals: International Monetary Fund→

Americas

US APMA using “Functional Cost Diagnostic Model” in bilateral APAs and MAP to assess transfer pricing where two or more parties contribute to business: PWC→

February 28, 2019

Europe

MNEs in EU pay lowest effective tax rate in Luxembourg (2.2 %), highest in Norway (48.7%), study says: EU Parliament, Greens/EFA Group→

January 23, 2019

Multinational

OECD releases corporate tax statistics analyzing revenues, statutory and effective rates, tax incentives for innovation: OECD→

January 22, 2019

No Picture

French minister asks for EU Parliament support on digital services tax: European Parliament→

October 23, 2018

No Picture

EU Parliament members seek higher tax rate for temporary digital services tax: Samuel Stolton / EURACTIV→

October 11, 2018

Multinational

Patent boxes may not encourage innovation, academics say: Fabian Gaessler, Bronwyn H. Hall, & Dietmar Harhoff / SSRN→

August 22, 2018

Europe

Diageo pays UK £199 million (USD 250 million) in transfer pricing settlement to avoid DPT: Ben Stupples / Bloomberg Tax→

Multinational

Paper addresses mandatory disclosure rules, effect of time lag between innovation or imitation of aggressive tax planning products and regulatory action: Kai A. Konrad/SSRN→

Americas

US Federal court grants IRS motion to dismiss Facebook suit, says company has no right to IRS Appeals in transfer pricing challenge: Leslie Book / Procedurally Taxing→

International Monetary Fund

MNEs move operations when countries adopt transfer pricing regulations, IMF paper says: Ruud A. de Mooij & Li Liu / IMF→

Americas

US tax reform seeks return of IP to US: Sam Schechner / Wall Street Journal [paywall]→

February 1, 2018

Americas

Medtronic and IRS battling $1.4 billion transfer pricing case in US federal court: Joe Carlson / Star Tribune→

November 28, 2017

Multinational

MNEs urge UN to not add tax avoidance to list of sustainable development goals: Tom Murphy / Humanosphere→

Americas

US Supreme Court won’t review Santander Holdings foreign tax credit/economic substance case: Thomson Reuters Tax & Accounting→

Europe

Netherlands will oppose UK-EU trade deal unless tax avoidance addressed: Daniel Boffey / The Guardian→

January 14, 2017

See: The Guardian.

Americas

France claims McDonald’s paid excessive royalties to related Luxembourg entity, owes €300 million more tax: Jacky Naegelen / Reuters→

See: Reuters. More: Forbes, Financial Times .

Digital Economy

Ireland could lose €3bn (USD 3.4bn) in annual tax revenue if OECD reforms passed, study says: Cliff Taylor / Irish Times→

Americas

Curaçao publishes country-by-country reporting guidance: Curaçao Finance Minstry→

Vodafone voluntarily publishes country-by-country report: Vodafone→

Multinational

To end profit shifting, MNEs should be taxed in location of sale, UC Berkeley prof. argues: Gabriel Zucman / Economists for Inclusive Prosperity→

February 26, 2019

Americas

Tax reform’s BEAT hits US MNE’s Bermuda reinsurance affiliates driving M&A activity: Bethan Moorcraft / Insurance Business→

September 10, 2018

United States

Lobby groups attack and defend US treatment of reinsurance under BEAT: Ezequiel Minaya & Nina Trentmann / WSJ→

August 22, 2018

Americas

US’s FDII export subsidy may be immune to international challenge but bad tax policy, professor says: Chris William Sanchirico / SSRN→

Asia-Pacific

eBay’s Israel subsidiary to challenge in court 156 million shekel (USD 43.5 million) tax bill: Eliran Rubin & Efrat Neuman / Haaretz→

Asia-Pacific

India proposes tweak to APA application to enable BEPS-mandated exchange of information on tax rulings: Financial Express→

No Picture

VW’s Luxembourg tax ruling may be next subject of EU State aid probe: Stephanie Bodoni / Bloomberg→

Asia-Pacific

Korea considers tax audit challenging low prices GM charged affiliate for autos: Kim Bo-gyung / The Korea Herald→

Americas

US tax reform’s implications for IP: Michael Rosen / AIE→

February 1, 2018

No Picture

EU officials say US tax reform measures could violate international agreements: Joe Kirwin / Bloomberg BNA→

December 6, 2017

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