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