Davide Anghileri of the University of Lausanne provides an overview of the tax proposals of interest to multinationals in Singapore’s budget, presented to parliament on February 20, . . .
The US Internal Revenue Service has today published final and temporary (TD 9815) and proposed (REG-135122-16) tax regulations providing guidance to nonresident alien individuals and foreign corporations that hold financial products providing for payments. . .
Sriram Govind of the Institute for Austrian and International Tax Law discusses reports that India will not renegotiate its tax treaty with the Netherlands, as it did with Mauritius, Cyprus, and Singapore, and addresses the impact of the countries’ expected signing of the BEPS multilateral instrument . . .
Russia’s Investigation Committee has again launched a criminal probe alleging that IKEA’s German division committed tax fraud when it failed to pay taxes upon its sale of stock in a Russian . . .
The European Commission today made it clear that it is not bowing to political pressure to halt its investigation into EU states that grant private tax deals to multinationals, announcing a probe into Luxembourg tax rulings granted to French energy company Engie, formally . . .
The Chinese government has announced that China and Romania have signed a tax treaty in an effort to promote investment between . . .
US Treasury has today announced on its website that a Model 2 FATCA intergovernmental agreement (IGA) signed by the US and Hong Kong entered . . .
The US Treasury Department today announced that the US and Luxembourg, during negotiations for new protocol to their 2000 tax treaty, have agreed to provisions to address tax avoidance through triangular and exempt permanent . . .
The European Union has reached political agreement on a directive designed to combat multinational corporation tax avoidance, with all 28 countries signing on. . .
KPMG India on June 6 announced the appointment of Rahul Mitra to head the firm’s transfer pricing practice. Mitra, a partner, will also continue to lead the firm’s efforts regarding . . .
Wiebe Dijkstra and Klaas Versteeg of De Brauw Blackstone Westbroek, Amsterdam, discuss new Dutch guidance on withholding tax refunds due foreign shareholders following the Dutch Supreme Court’s decision in Miljoen, X, and Société Général . . .
Nishith Desai Associates attorneys, Meyyappan Nagappan and Anandapadmanabhan Unnikrishnan, discuss the Indian government July 13 request for public feedback to aid in the development of a “significant economic presence” test, which is a nexus rule designed to expand India’s taxation rights over business profits of both digital and non-digital multinational firms . . .
India’s tax authority has won a sweeping victory before India’s Authority for Advance Rulings, convincing the tribunal on 6 June that Mastercard’s activities in India created a permanent establishment in India under several different theories, write Nishith Desai Associates attorneys Shipra Padhi and Anandapadmanabhan Unnikrishnan . . . .
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