A request for international cooperation, in other words, an international letter of request, is one of a range of instruments that the tax administrator can use in tax proceedings to assess tax correctly. Recen…
The EU has announced initiatives in the field of tax policy planned for the end of 2021 and beyond. Here is a short summary.
Germany will allow partnerships to tax income as corporations through corporate tax. The Finnish Supreme Administrative Court has issued a ruling regulating the rules restricting the tax deductibility of intere…
The OECD kept its promise and issued a Statement on 8 October 2021 involving a draft implementation plan of the two-pillar solution to address the tax challenges arising from the digitalisation and globalisatio…
Effective from 1 January 2022, the Slovak legislation governing the rules for controlled foreign companies (CFC) was extended for individuals as well. This extension should lead to the taxation of CFC profit sh…
The OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (i.e., BEPS Action plan) has agreed on a two-pillar solution to address challenges arising from the digitalisation and globalisation of the e…
September’s brief news from International Taxation brings information about revised R&D tax incentive rules in Australia, and the extension of tax concession for cross-border workers in Belgium and Luxembou…
On 18 May 2021, the European Commission (“EC”) published its long-awaited Communication on Business Taxation for the 21st Century, introducing a short-term and long-term vision for the business tax policy agend…
June’s news from International Taxation brings information about new tax measures in Germany and Belgium which were introduced with the aim to combat abuse and unfair tax competition. Further, it informs about …