What We're Reading–MNE Tax

No Picture

EU expects Amazon state aid decision by July, sources say: Foo Yun Chee / Reuters→

See: Reuters

No Picture

EU report IDs EU State laws that facilitate aggressive tax planning→

February 1, 2016

The paper, Study on Structures of Aggressive Tax Planning and Indicators, was written by EU Commission staff with the assistance of 30 national tax experts. See: EU Commission.

Europe

EU to add 10 nations to tax blacklist including UAE, Oman, Bermuda, other Caribbean, Pacific islands nations, unnamed EU official says: Francesco Guarascio / Reuters→

Americas

Boston Scientific settles long-running US transfer pricing dispute causing company earnings to exceed expectations: Joe Carlson / Star Tribune→

February 6, 2019

Americas

Barbados to require captives to pay license fee, zero tax in bid to avoid BEPS preferential regime status: Captive International→

November 29, 2018

Europe

UK may assess GE with USD 1 billion in back taxes for improper interest deductions between 2004–15: Hallie Detrick / Fortune→

November 6, 2018

No Picture

EU set to remove Bahrain, Marshall Islands, Saint Lucia from tax haven blacklist, leaving just three countries on the list: Times of Malta→

Americas

US won’t benefit if MNE earnings stashed offshore repatriated at reduced tax rate: Adam Looney / Brookings→

October 26, 2017

Americas

Google Ireland has no PE in France, court rules, in USD 1.3 billion tax dispute: Gaspard Seabag / Bloomberg→

Asia-Pacific

Google settles tax dispute with Indonesian authorities: ANTARA News→

Asia-Pacific

Vietnam focusing tax audits on foreign retailers: VnExpress International→

G20

Professor considers future of international tax standard setting: Allison Christians / SSRN→

See: SSRN.

Americas

US racing to sign 90 QCAAs so US-parented MNEs need not file country-by-country reports in foreign jurisdictions: Kevin Bell / Bloomberg BNA→

February 22, 2017

See: Bloomberg BNA.

Americas

Former US Treasury Secretary argues GOP tax reform plan would harm economy: Lawrence Summers / Financial Times→

January 9, 2017

Source: Financial Times.

Europe

France proposes public country-by-country reporting: Jessica Silbering-Meyer / Thomson Reuters Tax & Accounting→

November 18, 2016

See: Thomson Reuters Tax & Accounting.

Europe

Spain probes Apple subsidary’s transfer pricing: Jesús Sérvulo González / El País→

See: El País.

Asia-Pacific

India releases model GST law, plans April 2017 effective date: The Economic Times→

See: The Economic Times. More: Business Standard, NDTV, Times of India.

Americas

US court dismisses FATCA challenges brought by Rand Paul, others: Sally P. Schreiber / CGMA Magazine→

See: CGMA Magazine.

Asia-Pacific

Cairin Energy fighting India since 2014 over Rs 29,000 crore (USD 4.4 bill.) tax bill from indirect transfer of assets held in Jersey sub: Economic Times→

See: Economic Times, NDTV, Livemint, Wall Street Journal.

Europe

France says Google owes €1.6 billion ($1.76 billion) in back taxes: Reuters→

February 24, 2016

Americas

US IRS removes 269 unneeded tax regulations, amends 79 others: Federal Register→

Europe

EU General Court annuls the Commission’s decision classifying the tax regime of four Spanish professional football clubs as State aid: General Court of the European Union→

February 26, 2019

Europe

UK’s HMRC sends letters to MNEs likely to be diverting profits to consider using compliance facility: Pinsent Masons / Out-law.com→

February 6, 2019

Americas

US proposed regulations aim to reduce FATCA burdens: Federal Register→

December 19, 2018

MNE Tax expects to publish an in-depth look at these new regulations written by a tax expert shortly. . .

International Monetary Fund

IMF paper surveys empirical literature on international tax avoidance: Sebastian Beer, Ruud de Mooij, & Li Liu / International Monitary Fund→

No Picture

Professor argues EU Commission’s state aid challenges to tax rulings wrongly apply selectivity analysis: Ruth Mason / SSRN→

No Picture

Professor suggests ways to improve EU significant digtial presence proposal: Eva Escribano / SSRN→

No Picture

Apple refuses invitation to appear at EU Parliament tax avoidance hearing: Foo Yun Chee / Reuters→

Europe

Russia begins imposing VAT on foreign company provision of online services: Tass→

January 3, 2018

Multinational

Developing countries may benefit from technical assistance establishing transfer pricing safe harbors and interest deductions limits, author says: Michael Durst / International Centre for Tax and Development→

November 27, 2017

Europe

UK High Court refuses to review diverted profits tax charging notice: Out-law.com→

Asia-Pacific

Thailand widens criminal investigation into Philip Morris over import prices: Law360→

February 16, 2017

See: Law360.

Americas

Columbia professor identifies DBCFT’s unresolved issues: Michael J. Graetz / SSRN→

February 6, 2017

See: SSRN.

Asia-Pacific

Indian budget expected to add CFC rules, abolish ‘place of effective mgmt’ test: Lubna Kably / Times of India→

January 9, 2017

See: Times of India.

Asia-Pacific

Apple sub pays Japan ¥12 bil (USD 1.8 bil) for failure to withhold on amounts paid Irish sub deemed royalties for software use: Yomiuri Shimbun / The Japan News→

September 21, 2016

See: The Japan News.

Multinational

World not ready for public CbC or beneficial ownership registries, says OECD’s Saint-Amans: Emma Rumney / Public Finance International→

See: Public Finance International

Americas

US House GOP proposal includes new international tax scheme: Richard Rubin / Wall Street Journal→

See: Wall Street Journal

Asia-Pacific

India threatens Vodafone with asset seizure to satisfy $2.1 billion tax bill still in arbitration: Siddharth Vikram Philip / Bloomberg→

See: Bloomberg.

Asia-Pacific

China delays cross-border sales tax: Qian Chen / CNBC→

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