International briefing for July 2016

The EU referendum result was the big news from the last month but it is important to remember that until the negotiations are finalised the UK remains in the EU. There have been a number of amendments to international provisions in the Finance Bill. In France, questions have been referred on the 3% surcharge on dividend payments. There have been developments on the BEPS project, most notably a discussion draft on Action 4. In Germany, a draft Bill introducing BEPS related and other provisions has been published and the Corporate Tax Reform III process in Switzerland has finally been agreed by Parliament.