Sweden: Bill to limit interest deduction and reduce corporate income tax rate submitted to parliament
On 3 May 2018, a bill to limit interest deduction and to reduce the corporate income tax rate was submitted to the parliament.
Sugar tax as a tool in the battle against obesity
In the spring of this year, the United Kingdom introduced the so-called sugar tax, which it hopes will decrease the production and consumption of sweet drinks while increasing income into the state budget.
International taxes in brief – July
Further news from international taxes, this time on the update of the model tax treaty published by the UN and the first exchange of advance tax rulings information in Switzerland.
EU updates list of non-cooperative jurisdictions
On 25 May 2018, the European Council announced that it had removed the Bahamas and Saint Kitts & Nevis from the list of non-cooperative tax jurisdictions.
Change of the wording in the TRIO programme
As of 30 April 2018, the applied research and experimental development programme “TRIO” has a new wording approved by the government of the Czech Republic. It is a programme focused on supporting activities in …
Announcement of the sixth public competition of the DELTA programme
On 6 June, the Czech Technology Agency announced the sixth public competition of the Programme for the support of collaboration in applied research and experimental development through joint projects and techno…
News in the application of the research and development deduction… Are better days ahead?
2016 saw the first drop in the use of the research and development (“R&D”) deduction in the entire 13-year-long existence of this business support. Taxpayers and the expert public noticed increased activity…
Denmark: Bill amending Corporate Income Tax Act and other tax laws presented to parliament
On 4 May 2018, Bill No. L. 237 amending the Corporate Income tax Act and other tax laws (the bill) was presented to the parliament.
EU, Ireland – Apple state aid case update
On 18 May 2018, Ireland’s Department of Finance confirmed that the first payment of alleged state aid from Apple had been paid into the escrow account and that full recovery is expected by the end of September …