What We're Reading–MNE Tax

Europe

France will push for worldwide minimum tax at G7, minister says: Shayan Shakeel / Arabian Business→

February 12, 2019

Americas

Cayman Islands records highest number of registered companies ever: Markets Insider→

December 4, 2018

Americas

NYU professor analyzes US tax reform’s BEAT, GILTI, FDII: Daniel Shaviro / SSRN→

September 11, 2018

Asia-Pacific

Philip Morris fighting Korean tax authority over tobacco tax: Bae Hyun-jung / The Korea Herald→

Asia-Pacific

China to draft consumption tax legislation, reduce VAT on manufacturing, transportation: Reuters→

Americas

MNEs surprised by US Republican tax reform proposal for excise tax on cross border payments: Amanda Becker, Tom Bergin / Reuters→

November 5, 2017

No Picture

After US trip, France softens stance on quick-fix turnover tax for digital economy: Bjarke Smith-Meyer, Nicholas Vinocur and Mark Scott / Politico→

October 20, 2017

No Picture

European Parliament committee approves watered-down public country-by-country reporting rules: Cécile Barbière / EURACTIV.com→

Europe

Netherlands to disclose more details about tax rulings in annual reports: Linda A. Thompson / Bloomberg BNA→

Asia-Pacific

China to reduce VAT on natural gas, agricultural items, other products: Bloomberg→

No Picture

Authors assess US DBCFT proposal from European perspective: Johannes Becker & Joachim Englisch / SSRN→

Europe

Jersey fears EU blacklisting as tax haven: Jersey Evening Post→

January 26, 2017

See: J ersey Evening Post.

Americas

Expect ‘mirror action’ from Mexico if US taxes imports, official says: Michael O’Boyle / Reuters→

January 26, 2017

See: Reuters.

Asia-Pacific

Australia to fund business tax cuts with proceeds from further multinational tax crack down: Sky News→

See: Sky News. More: Sydney Morning Herald.

Asia-Pacific

India’s Finance Minister defends decision to appeal Vodafone: Business Standard→

See: Business Standard.

Americas

US MNEs warn investors that clamp down on cross-border tax avoidance will reduce earnings: Vanessa Houlder / Financial Times→

See: Financial Times.

Americas

US Senator Orrin Hatch to introduce plan to eliminate corporate double tax: Kyle Pomerleau / The Tax Foundation→

January 24, 2016

See: Tax Foundation.

Czech Republic

Czech finance ministry to propose 7 percent digital tax in May: Reuters→

Profs’ “Pillar 2” proposal advocates minimum effective taxation at 10–12.5 % rate with subs’ ETR figured using international accounting rules, undertaxed payments rule would complement: Johannes Becker & Joachim Englisch / SSRN→

Asia-Pacific

Singapore provides new guide for business on income tax treatment of foreign exchange gains or losses: Inland Revenue Authority of Singapore→

Digital Economy

Civil society and labor coalition advocate move to unitary taxation, global effective minimum tax citing OECD BEPS project failures: ICRICT→

January 23, 2019

Asia-Pacific

Google Japan wrongly shifted ¥3.5 billion (USD 32 million) advertising revenue to Singapore in 2015, officials assert: The Japan Times→

January 16, 2019

Asia-Pacific

India demanding 15% more advertising, marketing, sales promotion expenses from MNEs in transfer pricing adjustments, practitioners report: Sachin Dave / Economic Times→

January 9, 2019

Asia-Pacific

Official tasked with leading Malaysian tax reform effort assessing tax avoidance, digital economy, incentives: Alifah Zainuddin / Malaysian Reserve→

September 18, 2018

No Picture

Germany cautious on EU tech tax as France adds ‘sunset clause’: Francesco Guarascio / Leigh Thomas Reuters→

September 10, 2018

Asia-Pacific

Sri Lanka, Oman sign tax treaty: Eurasia Review→

August 20, 2018

G20

Academics recommend strengthening UN tax committee, say OECD/G20 BEPS work failed to address developing countries’ needs: Irma Johanna Mosquera Valderrama, Dries Lesage, & Wouter Lips / UNU-CRIS →

Asia-Pacific

Bupa, Opal, other multinational aged care businesses avoid Australian tax via related-party loans and leases, NGO report says: Tax Justice Network→

Asia-Pacific

China will not cut corporate tax rates, official says: Reuters→

Americas

Coffey counters Davide Serra’s claim made at World Economic Forum in Davos that Ireland allows Google to avoid tax, says US could collect more: Seamus Coffey / Economic Incentives→

January 31, 2018

Asia-Pacific

Vietnam says gas, pharmaceutical MNEs paid USD millions in fines for transfer pricing violations: VIETNAMNET Bridge→

January 11, 2018

Multinational

Authors address mechanics of the Berry ratio and note that the transfer pricing method may be undergoing a renaissance: Lorraine Eden, Tetiana Zakrevska / SSRN→

October 12, 2017

Europe

Diageo to challenge UK diverted profits tax on profits moved to Netherlands: BBC News→

Americas

Authors argue US House border adjustment plan relies on faulty assumptions: David Kamin & Brad Setser / SSRN→

See: SSRN.

Europe

Prosecutor in Lux Leaks whistleblower case appeals to gain stronger sentences: Reuters→

See: Reuters. More: Luxemburger Wort, Politico, Digital Journal.

Asia-Pacific

Google Australia restructures to avoid MAAL, will pay tax on ad revenue: Nassim Khadem / The Age→

See: The Age.

Europe

CCTB would have a large impact on most EU states mostly because of AGI and R&D super-deduction, paper says: European Commission→

Africa

Japan tax reform to include rules aimed at reducing MNE tax avoidance, sources say: The Japan Times→

December 3, 2018

Europe

Italy accuses drug company Recordati of shifting 400 million euros (USD 450 million) in taxes using Ireland, Luxembourg subs: Manuela D’Alessandro / Reuters→

November 15, 2018

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