World Tax Adviser

 A world of news with tax@hand

28/05/2021

Featured article

  • Greece introduces new tax measures including a retroactive corporate income tax rate reduction

Australia

  • New tax rules proposed for determining tax resident status for individuals

Germany

  • Lower house of parliament approves law to implement EU anti-tax avoidance directive

Guatemala

  • New UN transfer pricing manual may be helpful to Guatemalan taxpayers and authorities

India

  • CBDT notifies thresholds for significant economic presence
  • Deduction for infrastructure activity income available against gross total income

Japan

  • Certain rental losses from overseas buildings may not offset aggregate income

Jersey

  • Economic substance regime to be extended to partnerships

OECD

  • Opinion on interpretation and implementation of MLI approved

Poland

  • Key points regarding CJEU ruling on Polish VAT rules for intracommunity acquisitions

Taiwan

  • Draft amendments to regulations governing application of double tax agreements announced

United States

  • IRS provides automatic consent and updates procedural guidance for CFC method changes
  • Treasury report addresses president’s tax compliance proposals

Tax treaty round up

  • Recent developments with respect to the following tax treaties: Gabon-Saudi Arabia, Hungary-Iraq, Japan-Spain, Liechtenstein-Netherlands, Netherlands-Tajikistan, Rwanda-Turkey, Serbia-Singapore, and Slovenia-Sweden.

Download the full newsletter here