World Wide Tax News - Issue 44

This newsletter summarises recent tax developments of international interest across the world. In this issue:

• UNITED STATES: Trump administration announces President's outline for tax reform 
• INDIA: Amendments to tax law by Finance Act 2017
• INDONESIA: New transfer pricing documentation requirements
• JAPAN: 2017 Japan tax reform
• MALAYSIA: Widening of the scope of withholding tax on payments for royalties and services
• SINGAPORE: Revised transfer pricing guidelines issued
• BELGIUM: New deduction for innovation income
• GEORGIA: New corporate income tax regime
• IRELAND: Finance Act 2016 – International business measures
• ITALY: Automatic exchange of information concerning cross-border rulings and advance pricing agreements becomes mandatory
• LATVIA: Planned tax reform
• POLAND: Tax authorities reorganisation will restrict taxpayers’ rights
• SWITZERLAND: Corporate tax reform III proposal rejected by Swiss voters
• UNITED KINGDOM: Snap general election defers implementation of tax changes
• ARGENTINA: Net operating losses derived from Argentine source payments
• THE GULF COOPERATION COUNCIL STATES: VAT to be introduced in 2018 - update
• OMAN: Corporate tax changes
• CANADA: 2017 federal budget