What We're Reading

Identity of beneficial owners of companies and trusts to be shared by UK, Germany, France, Italy, Spain: Kamal Ahmed / BBC News→

April 14, 2016

See: BBC News. More: Guardian, Reuters.

Austria

Austria to tax digital firm advertising revenue at 5 percent rate instead of 3 percent: Reuters→

April 3, 2019

Digital Economy

29 MNEs subject to France’s digital tax identified: Charlie Braume / L’1FO (in French)→

March 21, 2019

Digital Economy

Zara closes Irish sub handling online sales following Green party report charging tax avoidance: Edmund Heaphy / Yahoo Finance→

November 13, 2018

Fiji

Fiji disputes EU placement on “gray list,” says tax incentive regimes are not harmful: Fiji Sun Online→

November 1, 2018

Asia-Pacific

Philippines weighs taxation of offshore gaming revenue: Pierre Martin D. Reyes / BusinessMirror→

September 14, 2018

Multinational

OECD publishes “Tax Policy Reforms 2018,” describing the latest tax reforms across 35 OECD members plus 3 others: OECD→

September 5, 2018

Asia-Pacific

Pharmaceutical companies, railway operators concerned about Japan’s coming interest deduction limits: Brian Yap / Bloomberg Tax→

August 18, 2018

Asia-Pacific

Vietnam, Croatia sign tax treaty: Viet Nam News→

August 6, 2018

Asia-Pacific

Draft Pakistani law requires banks to collect up to 3 percent tax on online purchases via credit/debit card to foreign sellers: The News→

April 30, 2018

Asia-Pacific

Vietnam drafting withholding tax regs targeting Google, Facebook earnings: VietnamNet Bridge→

April 9, 2018

Asia-Pacific

Saudi Cabinet authorizes finance minister to sign tax treaty with UAE: Arab News→

January 29, 2018

US contests American Samoa and Guam’s placement on EU tax blacklist: RNZ→

January 3, 2018

Europe

Russia reforms cross-border VAT rules: RAPSI→

November 28, 2017

Europe

Luxembourg signs MLI with 71 pages of reservations: Luxemburger Wort→

June 14, 2017

Asia-Pacific

Israel considers more corporate tax rate cuts, official says: David Wainer & Yaacov Benmeleh / Bloomberg→

March 7, 2017

See: Bloomberg.

Americas

Professor critiques proposals for US destination-based cash flow taxation: Wei Cui / SSRN→

January 9, 2017

See: SSRN.

EU public country-by-country requires unanimous approval of states to become law: Joe Kerwin / Bloomberg BNA→

November 18, 2016

See: Bloomberg BNA.

Ireland, Malta, Baltic states reject use of corporate tax rate as factor for EU tax haven blacklist: Joe Kirwin / Bloomberg BNA→

November 7, 2016

See: B loomberg BN A.

Americas

US professor argues inversions aren’t as harmful as claimed: SSRN→

August 10, 2016

See: The True Economic Effects of Corporate Inversions, Doron Narotzki, SSRN.

Multinational

Researcher analyzes the new BEPS plan principal purpose test for tax treaties: Andrés Báez / SSRN→

February 8, 2016

See: GAARs and Treaties. From the Guiding Principle to the Principal Purpose Test. What Have We Gained from BEPS Action 6? by Andrés Báez. Available at: SSRN

Asia-Pacific

South Korea to lower stock transaction tax: Reuters→

April 15, 2019

Europe

Apple to pay France almost €500m (USD 568m) to settle 10 years of back taxes: L’espress→

February 6, 2019

Europe

Netherlands overhauls international tax ruling practice

January 8, 2019

Jian-Cheng Ku, Robin Theuns, and Rhys Bane of DLA Piper Nederland N.V., discuss a recent Dutch government announcement that provides more details about the imminent overhaul of the Dutch international ruling practice . . .

Americas

Netherlands publishes 21-country tax blacklist, imposing CFC rules, withholding tax on interest and royalty payments, and refusing letter ruling requests: Government of the Netherlands →

January 2, 2019

More: Cayman Compass.

Africa

Namibia expects to be removed from EU tax blacklist: Ndanki Kahiurika / allAfrica.com→

October 29, 2018

Asia-Pacific

Malaysian government considering taxing digital economy: Ng Min Shen / Malaysian Reserve→

September 14, 2018

European Commission

Professor praises EU work on significant digital presence PE standard, suggests refinements: Eva Escribano / SSRN→

September 13, 2018

Asia-Pacific

China to enhance deductions for research fees, provide VAT refunds to manufacturers and service providers: Frank Tang / South China Morning Post→

July 25, 2018

Americas

US Treasury holdings in Ireland post record USD 13.5 billion drop in February, possibly from US tax reform’s repatriation change: Sujata Rao & Ritvik Carvalho / Reuters→

May 3, 2018

Americas

EU asks OECD to fast-track review of US’s BEAT, FDII, GILTI for compliance with BEPS agreements on harmful tax practices: Joe Kirwin / Bloomberg Tax→

March 9, 2018

Africa

Mauritius MLI choices allow it to remain a tax haven: Tax Justice Network→

July 13, 2017

G20

OECD & G20 countries should withdraw their numerous MLI reservations, NGO group says: BEPS Monitoring Group→

June 22, 2017

Multinational

Low income countries excluded from OECD/G20 country-by-country reporting scheme to assess MNE tax avoidance: Tax Justice Network→

May 5, 2017

Africa

Report compares 12 countries’ tax rules for holding companies: Loyens & Loeff→

April 14, 2017

Americas

US GAO addresses new OECD transfer pricing guidelines, concludes guidance on risk could prevent BEPS→

February 6, 2017

See: GAO.

Ireland, Sweden, Denmark, Netherlands, UK, Malta, Luxembourg contesting CCCTB, Irish MEP says: Sean Duffy / Independent.ie→

January 9, 2017

See: Independent.ie.

Americas

Facebook says it could owe $5 billion if IRS prevails in transfer pricing dispute: Dolores W. Gregory / Bloomberg BNA→

July 30, 2016

See: Bloomberg BNA. Related: MNE Tax.

Europe

EU’s State aid case against McDonald’s: Werner Haslehner / Kluwer International Tax Blog→

June 23, 2016

See:

Kluwer International Tax Blog

May 19 – 20	Tax Council Policy Institute Conference	Washington, D.C.
May 19 – 20	IFA Second European Region Conference	Milan, Italy
May 24	IFA Webinar Series Pillar Two: An Update	Virtual Event
Sept. 4 – 8	IFA Congress	Berlin