World Wide Tax News - Issue 43
10 February 2017
This newsletter summarises recent tax developments of international interest across the world. In this issue:
- INTERNATIONAL: BEPS multilateral instrument
- AUSTRALIA: Diverted Profits Tax
- HONG KONG: New corporate treasury centre regime
- INDIA: Declaration of Cyprus as notified jurisdictional area rescinded / Demonetisation – the tax impact / Clarifications of General Anti-Avoidance Rules (GAAR)
- SINGAPORE: New protocol to Singapore-India tax treaty
- SRI LANKA: 2017 fiscal budget pronouncements
- ALGERIA: Financial law for 2017 - main tax measures
- AZERBAIJAN: Significant amendments to tax legislation
- EUROPEAN UNION: Common (Consolidated) Corporate Tax Base – relaunched proposals
- FRANCE: Progressive corporate income tax rate reduction
- ISRAEL: Clarification of requirement to report the adoption of a position that contradicts the tax authorities’ position
- LATIA: Tax system reform
- LUXEMBOURG: New rules for intra-group financing
- NETHERLANDS: Corporate income tax rates for forthcoming years / Supreme Court participation exemption ruling
- ROMANIA: Corporate tax relief for companies’ research and development activities
- SPAIN: Tax measures for 2017
- SWITZERLAND: Swiss withholding tax: interest charge for late notifications of declarations
- UNITED KINGDOM: Proposed corporation tax changes
- BRAZIL: Tax regularisation programme (PRT)
- UNITED STATES: Foreign owned domestic disregarded entities: final regulations