‘Polish Deal’ tax reform passes lower house

The tax regimes of the six countries—the Kingdom of Saudi Arabia, the Kingdom of Bahrain, the State of Kuwait, the Sultanate of Oman, the State of Qatar and the United Arab Emirates—that make up the Cooperation Council for the Arab States of the Gulf (better known as the GCC) are evolving and changing rapidly.

ShareTweetShareRedditBufferBy David Early, Partner | Nuwaru | Corporate and International Tax The Reforms For many years inter-bank offered rates, or IBORS, and in particular, the London inter-bank offered rates, or LIBOR, have been a widely used benchmark for global interest rates, underpinning derivatives,

Late 2021, Finland implemented a regulation concerning taxation of reverse hybrid arrangements included in article 9a of ATAD2 directive (Council directive (EU) 2017/952 amending Directive 2016/1164). The new rules have been implemented in Section 8a of the Finnish act on taxation of cross-border hybrid arrangements (Hybrid Act) and have been applied for fiscal year 2022 onwards.