This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our PRIVACY POLICY for more information on the cookies we use and how to delete or block them.
  • World Wide Tax News - Issue 47
Publications:

World Wide Tax News - Issue 47

03 May 2018

Original content provided by BDO

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

  • INDIA: Budget 2018
  • AUSTRALIA: International tax developments in Australia signal focus on cross border activity
  • HONG KONG: 2018/19 Budget highlights
  • SINGAPORE: Innovation tax incentives enhanced
  • SRI LANKA: Changes to withholding tax on cross border payments / Changes to outward remittances made by commercial banks and authorised dealers
  • THE EUROPEAN UNION: Agreement on mandatory disclosure of tax information about potentially aggressive tax planning arrangements with cross-border implications / European Commission publishes the non-confidential decision in the Amazon state aid case
  • HUNGARY: Hungary’s reactions to the BEPS provision
  • ISRAEL: Taxation of cryptocurrencies
  • ITALY: Restyling of the Italian permanent establishment concept / Cooperative compliance programme
  • MOLDOVA: New single tax for residents of Moldovan IT parks
  • THE NETHERLANDS: CJEU decides that the Netherlands should allow the ‘per element approach’ in relation to the Dutch fiscal unity regime / Further Dutch government explanation on future Dutch withholding tax on dividends, royalties and interest
  • POLAND: The most important corporate income tax and VAT changes in Poland in 2018
  • SERBIA: Newly published rulebooks on arm’s length interest rates and services subject to Serbian withholding tax
  • SPAIN: Recent developments
  • UNITED KINGDOM: New withholding tax for certain intangibles related payments / Corporate criminal offence: New UK anti-evasion legislation that affects companies and partnerships worldwide
  • ARGENTINA: Tax reform regarding direct taxes and tax procedural law
  • PANAMA: Court ruling on application of double tax treaty provisions on dividend distributions and the concept of beneficial owners
  • CANADA: Voluntary Disclosures Program conditions tightened
  • UNITED STATES: US TAX REFORM – Implications for foreign entities with a US footprint
  • SOUTH AFRICA: Budget 2018 – Tax proposals