Australia: Taxation of digital economy
On 2 October 2018, the Australian government released a Discussion Paper seeking views on options to move towards a “fairer and more sustainable tax system for the digitalised economy.”
OECD: Tax report for 2018
On 5 September 2018, the OECD published “Tax Policy Reforms 2018: OECD and Selected Partner Economies”, Annual report identify major tax policy trends.
Latvia: CFC rules
Currently, there are no CFC rules under the Law.
Luxembourg: Illegal state aid to McDonald’s
The European Commission that the non-taxation in Luxembourg of certain profits allocated to the US branch was in line with domestic tax law and the Luxembourg-US tax treaty.
Breakthrough in the Existing Practice? A Company’s Management may be Liable for Additionally Assessed Tax
As our experience suggests, the Financial Administration has been exerting significant pressure on tax collection, which is reflected not only in an actual increase in tax proceeds, but also, for example, in th…
Qualified majority voting for certain tax matters
In January or February 2019, the Commission will propose abandoning the unanimity rule on some tax issues, to improve the efficiency of negotiating tax legislation. The commission is likely to propose QMV on a …
Netherlands: Tax package for 2018
The Dutch government’s tax plans for 2019 and thereafter, published on 18 September 2018, include implementation of the EU Anti-Tax Avoidance Directive (ATAD 1).
October Vat news: Ruling of the CJEU
In two cases (C-422/17 Scarpa Travel and C-552/17 Alpenchalets Resorts), the Advocate General of the Court of Justice of the European Union (CoJ) defines the taxation of services when the special regime for tra…
October Vat news: VAT Act Amendment
As the discussion of the technical amendment to the VAT Act has been postponed, it may be expected that the relevant changes (eg, in respect of tax base corrections, VAT reduction in the event of irrecoverable …