INTERNATIONAL TAXES

The EC has launched a structural reform support service to help EU member states in reviewing and improving legislative, policy and administrative tax matters in their countries and to productively grow revenues and promote EU tax harmonisation. The...

The EC is referring Belgium to the CJEU because its tax legislation provides for different methods of assessing income from property, meaning that a Belgian resident income from property located abroad is assessed at a higher value than that from...

Latvia has written to the EC to remove Bermuda as one of its ‘blacklisted’ countries. This follows reports of Poland doing the same last week, which means the number of countries targeting Bermuda is now down from eleven to nine.

Mauritius has signed the OECD convention providing for the comprehensive multilateral exchange of information and assistance in tax collection matters.

Does the Supreme Court judgment in Pendragon represent a shift of emphasis? Can offshore schemes of the Newey-type scheme survive? Michael Conlon QC and Rebecca Murray (Temple Tax Chambers) examine the impact of recent case decisions on VAT planning arrangements.

Chris Morgan (KPMG) provides an update of recent developments, including an update on BEPS Actions 6 and 13, a new action plan on CCCTB and the recent cases of X AB and Groupe Steria.

A scheme to enhance DTR failed

The unprecedented attention on companies’ tax affairs has led to a response from both global bodies and individual companies, writes Andrew Packman (PwC).

The European Commission has issued two injunctions ordering Estonia and Poland to deliver information requested by the Commission on their tax rulings practice within one month.

The OECD has published its package of model legislation and competent authority agreements to help tax administrations implement the proposed requirement for multinational companies to report transfer pricing information on a country by country basis, starting in 2016.