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.
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).
Germany: Restrictions on dividend distributio
The CJEU found that the trade tax provisions at issue are likely to dissuade resident parent companies from investing their capital in subsidiaries established in non-member states because the deductibility of …
Announcing the Czech Republic’s stance towards the EU’s proposals for digital economy taxation
The Ministry of Finance has published on its website a brief summary of the Czech Republic’s attitude to the proposals of the European Union concerning the taxation of so-called digital economy (we have discuss…
Luxembourg: Access to anti-money laundering information gazette
The bill implementing the EU directive on tax authorities’ access to anti-money-laundering information was published on 6 August 2018.
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.