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Newsletter:

World Wide Tax News Issue 48 - July 2018

19 Juli 2018

This newsletter summarises recent tax developments of international interest across the world. In this issue:

  • AUSTRALIA: More Australian tax for foreign investors
  • HONG KONG: First batch of amendments to the proposed transfer pricing regulatory regime and documentation requirements
  • INDIA: Recent tax tribunal rulings and a new government notification
  • SINGAPORE: Change to basis of assessment for service companies
  • BELGIUM: Corporate income tax reform – ATAD implementation – New CFC rules
  • ISRAEL: Court rules on appropriate income split for veteran returning resident to Israel
  • ITALY: Tax credit on investments in advertising
  • THE NETHERLANDS: Dutch government publishes legislative proposal regarding Dutch fiscal unity regime
  • SWITZERLAND: Developments in relation to Tax Proposal 17
  • PANAMA: Panama leads the Central American region in automatic exchange of information (AEOI)
  • EGYPT: Income tax and social insurance amendments
  • UNITED STATES: Tax reform deduction - What foreign-derived intangible income means to C-corporations