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.
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…
UK consults on registration of overseas entities that own UK property
The UK Department for Business, Energy and Industrial Strategy (BEIS) on 23 July 2018 launched a consultation on provisions in a draft bill, the "Registration of Overseas Entities Bill," to establish a new bene…
News from international taxation: Luxembourg
Are you interested in details of the draft bill that Luxembourg presented to the parliament and that implements the Anti Tax Avoidance Directive 1 (ATAD I) in national legislation? Would you like to find out mo…
Indian tribunal rules
Does franchising trigger a permanent establishment? What was the ruling of the Indian court of appeal? And how does the Indian court address fees for technical services? Read our international tax news.