The Austrian Ministry of Finance recently answered questions in areas of doubt
regarding the procedure of country-by-country reporting (CbCR).
Under double tax treaties that follow the OECD Model Convention, the remuneration for posted employees may be taxed both in the state of residence and in the state in which the employment is exercised.
The Federal Tax Court (Bundesfinanzgericht ) recently held that interest expenses
incurred in connection with the acquisition of an affiliated company within a tax
group are not tax-deductible.
Recently, the Austrian Ministry of Finance published guidance on the automatic and
spontaneous exchange of information on advance cross-border rulings and advance
On 30 January 2017, the Austrian coalition parties agreed on the government's policy
agenda for 2017/2018 and announced therein that the scope of the advertisement tax
will be extended to online advertising.
The option for the Flat Tax is communicated in the income tax return for the fiscal year in which the individuals transfer their residence to Italy or in the following year.
The Italian Government has continued to extend and update its white list of States and territories, adding a number of new states to the total of more than 130 States and territories.
Signum Law Firm
On 1 January 2017, the Law of the Republic of Kazakhstan No. 26-VI ЗРК ‘On Amending Certain Legislative Acts of the Republic of Kazakhstan on Taxation and Tax Administration' came into force.
Another debt bias was identified from a personal tax perspective towards the Investment Income Provisions (IIP).
Under the current regime for Portuguese law firms, law firms are required to distribute all of their profits each year.
In this context, some lawyers suggest that law firms could cease investing in their tax departments because of the potential liabilities or even go as far as to scrap them altogether.
Bar & Karrer
Après les arrêts abondamment
discutés du Tribunal fédéral 9C_837/2014 du 8
avril 2015 et 141 V 634 du 3 décembre 2015 sur la
délimitation entre salaire déterminant et dividende
exonéré de charges sociales
Bar & Karrer
Nach den viel diskutierten Bundesgerichtsentscheiden
9C_837/2014 vom 8.4.2015 und BGE 141 V 634 vom
3.12.2015 zur Abgrenzung zwischen massgebendem
Lohn und sozialabgabefreier Dividende hat das Bundesamt
für Sozialversicherung (BSV) in seinem Nachtrag 9
Turkey's Ministry of Finance has announced changes to the Value Added Tax ("VAT") regime. Changes apply to discount methods for undeclared VAT.
Turkey has made a range of changes to taxes and fees. Stamp waiver is now waived for certain construction-related agreements and title deed fees are reduced until September 2017.
The government has had to postpone many measures that were included in Finance Bill 2017 in order to pass through the legislation in a shortened timeframe before Parliament is dissolved on 3 May.
Smith & Williamson
In this week's tax update: implications of the 8 June 2017 general election, the CGT deductibility of payment to remove onerous obligation, Double tax treaty passport scheme and more.
Recent years have seen an increasing focus on tax compliance across the globe, with a number of international and domestic initiatives changing the tax planning and tax compliance landscape.
HMRC published updated guidance on the fit and proper person test last month. The test is used to ensure that charities are not managed or controlled by individuals who present a risk to the charity's tax position.
23 березня 2017 року Президент підписав Закон України «Про внесення змін до Податкового