Investment deduction/credit rate changes for tax year 2025
Brazil
New monthly tax return introduced for disclosure of certain tax benefits
Colombia
DIAN updates tax information exchange status of tax haven jurisdictions
Germany
MOF publishes final guidance on Tax Haven Defense Act
Luxembourg
Chamber of Deputies publishes draft legislation to amend Pillar Two law
OECD
Reports released regarding tax cooperation, tax and development, countering tax crime
Spain
Draft bill on “complementary tax” submitted to parliament
United States
JCT releases federal tax system overview as in effect for 2024
Tax treaty round up
Recent developments with respect to the following tax treaties: Andorra-Iceland, Andorra-Lithuania, Armenia-Hong Kong SAR, Austria-Russia, Belarus-Czech Republic, Belarus-United Kingdom, Burkina Faso-France, Colombia-Luxembourg, Estonia-Qatar, France-Mali, France-Niger, France-Russia, Kyrgyzstan-Spain, Malaysia-Russia, Qatar-Tajikistan, Russia-United States, and Saudi Arabia-Slovakia.
This publication has been written in general terms and therefore cannot be relied on to cover specific situations; application of the principles set out will depend upon the particular circumstances involved and we recommend that you obtain professional advice before acting or refraining from acting on any of the contents of this publication. Deloitte LLP would be pleased to advise readers on how to apply the principles set out in this publication to their specific circumstances. Deloitte LLP accepts no duty of care or liability for any loss occasioned to any person acting or refraining from action as a result of any material in this publication.
Deloitte LLP is a limited liability partnership registered in England and Wales with registered number OC303675 and its registered office at 1 New Street Square, London, EC4A 3HQ, United Kingdom.
Deloitte LLP is the United Kingdom affiliate of Deloitte NSE LLP, a member firm of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”). DTTL and each of its member firms are legally separate and independent entities. DTTL and Deloitte NSE LLP do not provide services to clients. Please see About Deloitte to learn more about our global network of member firms.