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World Tax Advisor Archive

World Tax Advisor

World Tax Advisor is a weekly bulletin of international tax developments written by professionals of the member firms of Deloitte. The newsletter focuses on analyses of cross-border tax developments that reflect the dynamic business environment faced by multinationals.

Subscribe to receive World Tax Advisor directly via email (e-newsletters are managed out of the United States).

February 10, 2012

  • Featured Articles
    - French government discusses financial transactions tax proposal
  • Andorra
    - Corporate income tax and tax on nonresidents introduced
  • Denmark
    - Draft corporate tax bill announced
  • European Union
    - Belgium asked to expand scope of application of notional interest deduction
  • Greece
    - Tax treatment of OTC stock lending transactions clarified
  • United States
    - CBP formally proposes changes to interpretation of applicability of Transaction Value to import transactions affected by transfer pricing adjustment
  • In brief
    - News in brief from Italy, the U.K. and U.S.
  • Global Tax Alerts
    - Germany: Tax authorities issue guidance on amended anti-treaty shopping rule
    - Ireland: Finance Bill 2012 generally positive for companies
    - Italy: Tax authorities further clarify rules on utilization of tax loss carryforwards

February 3, 2012
Hong Kong 2012/13 Budget analysis – robust and comprehensive, but long-term measures needed

January 27, 2012
France enacts austerity measures

January 20, 2012
A VAT in the United States? Not likely soon, but don’t let your guard down

January 13, 2012
Canada’s Supreme Court upholds lower courts’ decisions and applies GAAR

December 16, 2011
Breakthrough in tax incentives and government support for IT and high-tech companies in Russia

December 9, 2011
Germany amends anti-treaty shopping rule

December 2, 2011
Recap of tax developments in Japan for 2011

November 25, 2011
Detailed implementation rules released for China’s VAT reform pilot program in Shanghai

November 18, 2011
Is external company registration in South Africa a permanent establishment trap?

November 11, 2011
Offshore income in China can benefit from preferential EIT rate for high-new tech enterprises

November 4, 2011
VAT reform pilot program to be launched in Shanghai on 1 January 2012

October 28, 2011
Tax implications of cross-border M&A in India: an uncertain landscape

October 14, 2011
Recent cases on the application of Taiwan sourcing rules

October 7, 2011
Peru amends mining tax regime

September 30, 2011
Scheuten Solar Technology and other developments affecting the German trade tax add-back of interest

September 23, 2011
Japan sets up special zones, lures R&D and HQs

September 16, 2011
New developments in Singapore’s taxation of Islamic financing arrangements

September 9, 2011
Mexican Ministry of Finance analysis of the future of the flat tax

August 19, 2011
Hong Kong court clarifies relationship between unrealized gains and assessable profits

August 5, 2011
U.S. provides transition relief with FATCA notice, but issues remain

July 15, 2011
China, U.K. sign new tax agreement

July 1, 2011
Taiwan’s Supreme Administrative Court rules on amortization of goodwill from merger

June 24, 2011
Australia: Update on environmentally based tax reforms

June 17, 2011
Italy offers election to reduce capital gains on nonresidents’ sale of unlisted participations

June 10, 2011
Japan, U.S. negotiate tax treaty amendments

June 3, 2011
Need for integrated handling of South African transfer pricing, VAT and customs issues

May 27, 2011
Indian tribunal clarifies “beneficial ownership” for loss setoffs following group restructuring

May 20, 2011
VAT implications of organizing an event in the EU

May 13, 2011
Hong Kong court confirms ING Baring source principle for commission income

May 6, 2011
Enhanced powers of French tax authorities could affect taxpayer rights

April 22, 2011
Hong Kong Court of Appeal reaffirms denial of 50:50 apportionment of profits for import processing arrangement

April 15, 2011
Chinese tax authorities clarify rules in Circular 698

April 8, 2011
U.K. Court of Appeal rules on double tax relief and hybrid entities

April 1, 2011
New Investment Incentives Law introduced in Greece

March 25, 2011
2011 U.K. Budget: a positive budget for businesses

March 18, 2011
Towards a common consolidated corporate tax base in the EU?

March 11, 2011
Guidance issued on recoverable operating costs for Indonesia’s oil and gas industry

March 4, 2011
Australia releases exposure draft legislation on reform of foreign-source income deferral rules