| Date |
Country |
Development |
| 23 Dec 11 |
Denmark |
High Court rules for taxpayer in beneficial ownership case |
| 22 Dec 11 |
France |
Parliament approves change to transfer tax base on acquisition of shares in property-rich companies |
| 21 Dec 11 |
Australia |
Government announces final stage of investment manager regime |
| 18 Dec 11 |
France |
New proposal would eliminate cap on registration duty on sale of shares |
| 17 Dec 11 |
Japan |
Proposal to limit interest expense deductions paid to foreign related parties |
| 16 Dec 11 |
United States |
Temporary regulations under §954(d) branch rules finalized |
| 9 Dec 11 |
France |
New restrictions on deduction of interest expense linked to acquisition of shares confirmed |
| 6 Dec 11 |
Ireland |
Budget 2012 |
| 6 Dec 11 |
United Kingdom |
Draft legislation on CFC reform issued |
| 6 Dec 11 |
Norway |
Supreme Court rules for Dell in agency PE case |
| 6 Dec 11 |
Brazil |
New incentives on financial transaction tax announced |
| 5 Dec 11 |
Japan |
Corporate tax rate reduction, WHT increase enacted |
| 30 Nov 11 |
European Union |
ECJ rules Dutch exit charge is disproportionate and infringes EU law |
| 18 Nov 11 |
France |
Large taxpayers may face increased advance payments due to tax law changes |
| 16 Nov 11 |
Japan |
Two-phase 5% point corporate tax rate reduction proposed |
| 8 Nov 11 |
France |
Surcharge to be levied on corporate income tax liability |
| 8 Nov 11 |
United States |
IRS issues proposed §892 regulations |
| 28 Oct 11 |
Australia |
ATO finalizes views on source/tax treaty look through approach to private equity investment |
| 27 Oct 11 |
United States |
Representative Camp releases draft bill rewriting the U.S. tax rules on foreign income of U.S. multinationals |
| 21 Oct 11 |
European Union |
German WHT on dividends paid to EU/EEA minority shareholders violates free movement of capital |
| 19 Oct 11 |
OECD |
OECD proposes changes to Commentary on PE definition in Model Tax Convention |
| 19 Oct 11 |
France |
Anti-abuse measure on deductibility of loan interest proposed |
| 17 Oct 11 |
Hungary |
Extensive changes proposed to tax regime |
| 26 Sep 11 |
United States |
White House releases draft statutory language on growth plan |
| 20 Sep 11 |
United States |
President submits deficit reduction plan to supercommittee |
| 20 Sep 11 |
Netherlands |
2012 tax proposals limit interest/loss deductions and codify ruling practice |
| 14 Sep 11 |
France |
Rules on corporate tax losses and long-term capital gains revised |
| 7 Sep 11 |
United States |
IRS rules that U.K. Remittance Basis Charge is creditable |
| 6 Sep 11 |
Switzerland |
WHT proposed to be abolished on some debt instruments held by foreign investors |
| 25 Aug 11 |
Canada |
New foreign affiliate proposals on distributions, reorganizations and other transactions |
| 24 Aug 11 |
Spain |
Changes made to corporate income tax and VAT rules |
| 22 Aug 11 |
Canada |
Finance introduces new rules on repatriation from foreign affiliates, including loans of taxable surplus |
| 11 Aug 11 |
United Kingdom |
Courts rule on availability of double taxation relief |
| 9 Aug 11 |
Brazil |
New tax incentives announced |
| 1 Aug 11 |
Brazil |
Tax treatment and regulatory procedures of derivative transactions changed |
| 22 Jul 11 |
Peru |
New law clarifies scope of capital gains tax on indirect transfers |
| 1 Jul 11 |
United Kingdom |
Consultation document on CFC rules issued |
| 23 Jun 11 |
Taiwan |
Guidance issued on thin capitalization rules |
| 19 Jun 11 |
Qatar |
Regulations issued under 2009 income tax law |
| 2 Jun 11 |
Italy |
Tax authorities supplement guidance on CFC rules |
| 31 May 11 |
United States |
IRS issues final “Killer B” regulations under §367(b) |
| 25 May 11 |
Australia |
Reportable tax positions schedule being developed |
| 19 May 11 |
Brazil |
Thin cap rules clarified |
| 19 May 11 |
United States |
Potential U.S.-Poland treaty missing from Senate treaty hearing agenda |
| 17 May 11 |
Malta |
Guidance issued on hybrid loans |
| 29 Apr 11 |
France |
SICAV transparency on distributions extended to nonresidents |
| 20 Apr 11 |
Canada |
Glitch will delay ratification of many TIEAs |
| 15 Apr 11 |
United States |
IRS finalizes rules on foreign tax credit separate limitation categories |
| 14 Apr 11 |
Netherlands |
New corporate income tax changes announced |
| 12 Apr 11 |
United States |
Treasury provides new guidance on foreign account tax compliance (“FATCA”) |
| 8 Apr 11 |
Taiwan |
Proposed hike in surtax will increase tax burden |
| 7 Apr 11 |
Brazil |
“Short-term” loan period lengthened for purposes of financial transactions tax |
| 1 Apr 11 |
Luxembourg |
Tax credit extended to qualifying investments in EEA countries |
| 31 Mar 11 |
Norway |
Government proposes new rules on tax-exempt cross-border restructuring |
| 30 Mar 11 |
Brazil |
Financial transactions tax increased on short-term loans and credit card debt |
| 23 Mar 11 |
Mexico |
Proposed tax reform for 2013 includes repeal of flat tax |
| 24 Feb 11 |
Australia |
Draft legislation released on reform of foreign-source income deferral rules |
| 22 Feb 11 |
Peru |
VAT, Financial Transaction Tax rates lowered |
| 17 Feb 11 |
Peru |
Capital gains tax rules on indirect transfers tightened |
| 17 Feb 11 |
Kuwait |
Executive Rules amended and clarified |
| 15 Feb 11 |
United States |
Treasury Department releases descriptions of international tax proposals in Greenbook |
| 14 Feb 11 |
United States |
Administration releases FY2012 Budget |
| 8 Feb 11 |
United States |
New excise tax hits foreign contractors |
| 28 Jan 11 |
Denmark |
Taxpayer loses in third beneficial ownership case |
| 25 Jan 11 |
Japan |
Proposed corporate tax rate reduction by 5% under 2011 Tax Reform |
| 18 Jan 11 |
Colombia |
Tax on net equity introduced, financial transactions tax being phased out |
| 13 Jan 11 |
Peru |
Withholding tax rules on payments to nonresidents revised |
| 10 Jan 11 |
Spain |
Treaty with Costa Rica in effect |
| 6 Jan 11 |
Brazil |
Incentives for long-term financing introduced and IOF rates revised |
| 4 Jan 11 |
Taiwan |
New excise tax hits foreign contractors |
| 3 Jan 11 |
Taiwan |
Treaty with Hungary in effect |