News & Analysis as of

Tax Authority

Notice to Polish tax authorities re: CbC reporting to be filed by the end of October

by Dentons on

By the end of October, all members of capital groups doing business in Poland which are mandatorily required to file CbC reports (‘country-by-country reports’ or ‘CbCR’) must file a notice to the Head of the National Revenue...more

Morocco publishes new procedures for Advance Pricing Agreements

by DLA Piper on

Morocco has published Ministerial Decree No 2.16.571 outlining the procedure for concluding advance pricing agreements (APAs) with the Moroccan tax authority....more

Sale of Fractional Aircraft Shares Not Taxable Under New York Law

by Benesch on

New York’s Department of Taxation and Finance recently released an Advisory Opinion concluding that the sale of fractional aircraft shares are not taxable under state law. New York tax law imposes sales and use tax on retail...more

The Mutual Agreement Procedure: A Taxpayers' Tool Reinvented

by DLA Piper on

Tax risks of multinational enterprises are expected to continue to increase post-BEPS as tax authorities globally increase their scrutiny on their cross-border tax transactions. This trend is anticipated in the OECD/G20...more

Spain requires real-time submissions of VAT information

by DLA Piper on

Large enterprises operating in Spain are coming to terms with the latest requirements to file their VAT information on a real-time basis through the new online system set up by the Spanish tax authorities....more

Competition News - June 2017

by Dentons on

Admissibility before the CJEU of evidence communicated by national authorities during a tax investigation - In a case of unlawful agreement on the banana market, the Court of Justice of European Union (“CJEU”) had the...more

China's SAT launches enterprise income tax compliance risk notification system

by DLA Piper on

China's State Administration of Taxation (SAT) has announced the launch of an Enterprise Income Tax (EIT) compliance risk notification system by releasing The Public Notice on Matters Relating to Enterprise Income Tax...more

China updates special tax adjustment measures: new rules go into effect May 1

by DLA Piper on

China's State Administration of Taxation (SAT) has released the Administrative Measures on Special Tax Investigation Adjustments and Mutual Agreement Procedures in the Public Notice [2017] No. 6 (Bulletin 6). Bulletin...more

Finnish Supreme Administrative Court ruled on carried interest in private equity structures

by DLA Piper on

On 16 March 2017, the Supreme Administrative Court (SAC) of Finland issued a ruling on the tax treatment of carried interest in a private equity structure. The SAC ruled that carried interest is taxed as income of the limited...more

Distressed M&A faces new tax challenge - German supreme tax court judged tax relief for recapitalization gain illegal

by DLA Piper on

The German Tax Authorities' common instrument to grant relief from an taxable recapitalization gain - the Recapitalization Decree (Sanierungserlass) - violates constitutional rights according to a recent decision of the...more

New Circular on Intra-Group Financing Activities

by Dentons on

On 27 December, 2016 the Luxembourg Tax Authorities issued the new Circular LIR n°56/1-56bis/1 on the tax treatment of entities engaged in intra-group financing activities. The new circular LIR n°56/1-56bis/1 (New...more

Trial of Art Dealer Accused of Tax Fraud and Money Laundering by French Tax Authorities Ends With Judgement of Acquittal

by McDermott Will & Emery on

On 12 January, the Paris Criminal Court acquitted Guy Wildenstein, who was facing the possibility of two years in prison and a €250 million fine, and other members of his family as well as their trustees and advisors who were...more

Global Tax News: Brazil opens consultation on how MAP provisions apply to DTT agreements

by DLA Piper on

Brazil’s Federal Revenue (RFB) has opened a public consultation aimed at regulating how mutual agreement procedure (MAP) provisions apply to conventions and international agreements created to avoid double taxation....more

Romanian tax authorities go public on the first VAT fixed establishment assessment in the pharmaceutical industry

by DLA Piper on

The Romanian tax authorities just issued a press release regarding an audit performed on the activity carried out by the local subsidiary of a multinational pharmaceutical group. The Romanian authorities claim that this...more

14 Results
|
View per page
Page: of 1
Cybersecurity

"My best business intelligence,
in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
Sign up using*

Already signed up? Log in here

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.