Australia, Canada, Chile, Costa Rica, India, Indonesia and New Zealand are the latest countries to sign the Multilateral Competent Authority Agreement (MCAA) on automatic exchange of information under the OECD/G20 standard.
Iceland and Romania are the latest jurisdictions to officially sign a FATCA intergovernmental agreement (IGA) with the US, with both IGAs being based on model 1A IGA.
The UK and Kosovo signed a double taxation convention on 4 June 2015, which will replace the 1981 convention between the UK and the Socialist Federal Republic of Yugoslavia with respect to Kosovan taxes and will cover avoidance of double taxation and prevention of fiscal evasion with respect to t
Amazon is now booking sales through a number of branches in Europe. Jonathan Cooklin and David Wilson (Davis Polk) consider what led to the change and the likely impact.
The European Union Referendum Bill, which makes provision for the holding of a referendum in the UK and Gibraltar on whether the UK should remain a member of the EU, was published on 28 May, and is expected to have its second reading on Tuesday 9 June.
Chris Morgan (KPMG) provides a review of recent international tax developments that matter.
Peter Halford (PwC Legal) considers AG Kokott’s opinion in the ‘Austrian goodwill’ case, including its implications for the Commission’s appeals to the CJEU in the ‘Spanish goodwill’ cases.
Tony Beare (Slaughter and May) examines the recent eagerly anticipated First-tier Tribunal decision of Next Brand Ltd v HMRC on dividend boosters.
The US Treasury is consulting on draft revisions to its Model Tax Convention, aimed at maintaining a consistency of approach to base erosion and profit shifting by multinational companies with that of the G20/OECD BEPS action plan.
HMRC has issued guidance on how it will treat holding companies and treasury companies for the purposes of the UK’s agreements on FATCA and automatic exchange of financial information, following the announcement in March that such companies no longer come within the definition of foreign financia