Also in this issue:

• Canada
  - U.S. social security contributions eligible for quebec foreign tax credit
• Indonesia
  - Monthly income tax obligations procedure changed
• Malawi
  - Budget reduces VAT rate, provides incentives for key industries
• Russia
  - Benefits available under new participation exemption
• Vietnam
  - New VAT law passed
• Global Tax Alerts
  - European Union: AG Mengozzi concludes Dutch restrictions on mortgage interest deduction incompatible with EC law
  - European Union: ECJ rules on concept of withholding tax under EC parent-subsidiary directive
  - India: Tribunal holding further muddies reimbursement of expenses subject to withholding tax

See attached file for details.

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