What We're Reading

Asia-Pacific

Australia puts digital tax on hold: Daily Mail→

March 21, 2019

Multinational

Tax advisory work grew by 8.6% globally in 2017 hitting record GBP 15.4bn (USD 20.2bn): Economia→

January 30, 2019

Americas

US says South Korea proposal requiring tech companies to set up servers and thus create PE there violates trade agreement: Lee Kyung-min / The Korea Times→

December 11, 2018

Europe

Draft Brexit deal requires UK to observe “level playing field” in tax and state aid; adopt EU code of conduct, tax information exchange, investment firm reporting: Jon Henley / The Guardian→

November 14, 2018

Americas

US, Israel establish task force to recommend amendments to tax treaty: CTech→

October 23, 2018

Europe

Spain considers 15 percent corporate minimum tax, reduced deductions: Brett Allan King / Bloomberg Tax→

July 25, 2018

Multinational

Professors advocate replacing corporate tax on MNE profits with dividend and consumption tax: Nicolai J. Foss, Ram Mudambi, Samuele Murtinu / SSRN→

May 23, 2018

Europe

France favors lower tax rate on digital firm revenue to speed implementation, Finance Minister says: Reuters→

March 5, 2018

EU Commission to propose 1–5 percent tax on digital firm revenues, leaked documents say: Francesco Guarascio/ Reuters→

February 26, 2018

Americas

Luxembourg to feel impact of US tax reform: Keith O’Donnell / Delano→

December 26, 2017

Americas

US IRS’s latest priority guidance business plan includes several new international tax projects: US Treasury→

October 26, 2017

Asia-Pacific

India hits Hutchison with Rs 32,320 crore (USD 4.8 billion) tax bill in ongoing Vodafone dispute: The Economic Times→

September 1, 2017

Source: Vodafone: Income Tax department seeks Rs 32,320 crore from Hutchison over Vodafone deal – The Economic Times

Americas

Section 385 tax regs needed to promote US competitiveness, Brookings fellow argues: Adam Looney / Brookings→

August 14, 2017

Americas

Competent authority settlement precludes tax authority reassessment, Canadian court rules: PWC→

April 4, 2017

Asia-Pacific

Indonesia adopts transfer pricing documentation rules: Thomson Reuters→

January 26, 2017

See: Thomson Reuters.

Asia-Pacific

Australian mining firm BHP Billiton contesting with $1bn tax bill over Singapore marketing hub: Jamie Smyth / Financial Times→

September 21, 2016

See: Financial Times. More: The Australian.

Americas

ABA Tax Section says IRS should issue regs characterizing cloud transactions as services or leases →

August 12, 2016

See: American Bar Association, Section on Taxation.

Algeria

UK leaving the EU will have tax implications for MNEs: EY→

July 2, 2016

See: EY.

EU competition head rejects claim that US multinationals targeted in tax rulings probe: Financial Times→

February 29, 2016

See: Financial Times. More: Wall Street Journal.

Americas

Italy demands Google pay €300 million ($327 million) for six years back taxes: Sam Schechner & Giovanni Legorano / Wall Street Journal→

January 29, 2016

See: Wall Street Journal.

EU report makes recommendations for bilateral and multilateral transfer pricing audits: EU Joint Transfer Pricing Forum→

October 31, 2018

Americas

US Chamber urges Mnuchin to fight EU digital services tax, says it targets US tech companies: US Chamber of Commerce→

October 31, 2018

Africa

Trade unions accuse Chevron of avoiding tax in Nigeria, Argentina, Venezuela using Dutch letterbox companies: Business Insider→

October 9, 2018

Europe

Germany denies reports it will give up on digital tax, aims for ‘fair taxation’: Michael Nienaber & Tom Körkemeier / Reuters →

September 5, 2018

Americas

Delaware Secretary of State backs push to allow Federal regulation of company ownership disclosures: Henry Cutter / Wall Street Journal→

June 28, 2018

Americas

US announces tariffs on 1000+ Chinese goods beginning in July: Ana Swanson / The New York Times→

June 15, 2018

Americas

Maryland passes law offering USD 3 billion in state and local tax concessions and other breaks to lure new Amazon headquarters there: Saleem A. Shareef / Thomson Reuters→

April 30, 2018

Europe

EU begins infraction proceedings against UK for failure to impose VAT on derivatives traded via exchanges: Philip Stafford & Rochelle Toplensky / Financial Times→

March 9, 2018

Asia-Pacific

Cambodia, Thailand make progress on tax treaty: Hor Kimsay / Phnom Penh Post→

July 24, 2017

Asia-Pacific

Chevron to appeal transfer pricing decision in High Court: Fox→

May 19, 2017

Asia-Pacific

Australian parliamentary inquiry to address multinational oil and gas company tax avoidance: The Sydney Morning Herald→

November 29, 2016

See: Sydney Morning Herald.

Multinational

Professor considers whether aggressive tax planners are ethical: Heather M. Field / SSRN→

November 3, 2016

See: SSRN.

Swiss Supreme Court rules bank data can be sent to Dutch unnamed clients if account holder identified: Reuters→

September 13, 2016

See: Reuters.

Americas

Practitioners consider Apple Ireland’s internal profit allocations: Kevin Bell / Bloomberg BNA→

September 8, 2016

See: Bloomberg BNA.

Americas

IRS shifts business audits to issue-focused campaigns as funding dwindles: McDermott Will & Emery / Forbes→

July 8, 2016

See: Forbes.

ECOFIN report details state of play in EU on tax issues→

June 24, 2016

See: ECOFIN report

Asia-Pacific

India to soon begin negotiations with Singapore to clarify capital gains under tax treaty, source says: Deepshikha Sikarwar / The Economic Times→

May 12, 2016

See: The Economic Times.

Belgium

EU finding that Belgium’s excess profits tax scheme is illegal prompts MNEs to consider leaving: Natalia Drozdiak & Matthias Verbergt / Wall Street Journal→

March 1, 2016

See: Wall Street Journal.

Americas

US again asks EU Commission to halt State aid probes targeting US multinationals: Foo Yun Chee / Reuters→

February 11, 2016

See: Reuters.

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