BEPS Action 15: Multilateral Instrument
Australia, the Czech Republic, Kazakhstan, Kuwait, Switzerland and Panama approved the multilateral instrument (MLI) in recent days.
Belgium: Questions and answers to deduction on innovation income
On 26 July 2018, the Belgian tax authorities published frequently asked questions (FAQ) on the application of the innovation income deduction (IID) regime, which replaced the previous patent income deduction.
Implementing of ATAD in Croatia
Croatia’s Ministry of Finance has initiated a consultation on several draft tax bills that would, among other things, bring domestic legislation in line with the EU anti-tax-avoidance directive (ATAD), effectiv…
Malta updates notional interest deduction guidelines
Malta’s revenue commissioner released an updated version of the Notional Interest Deduction (NID) Guidelines on 8 August 2018.
Research and Development Deduction: The Fundamental Ruling
The Regional Court in Hradec Králové ruled in favour of the plaintiff (ENERGO CHOCEŇ, s.r.o.), revoking the contested ruling and referring the matter back to the Appellate Financial Directorate for further proc…
Do not miss: VAT News – October
Read about Amendment to the VAT Act and Judgments of the Court of Justice of the European Union.
International taxes in brief: September
Poland’s Ministry of Finance released a draft bill proposing preferential tax treatment for income from intellectual property rights and lower corporate tax on small and medium-sized enterprises. Guernsey and J…
New framework for resolving international tax disputes
The Ministry of Finance has presented a draft Act on International Cooperation in Tax Dispute Resolution for consultation. It is a new act designed to transpose Council Directive (EU) 2017/1852 of 10 October 20…
Tax changes in the taxation of investment funds: New corporate rate of 19 %
In the June issue of dReport, we informed you about the amendment included in the planned change in the taxation of basic investment funds. On 19 July 2018, an act was adopted (with effect from 1 January 2019) …