Greece Withdraws the 26% Withholding Tax for Imports from Cyprus After much opposition from businesses, countries and the EU, Greece is forced to withdraw the relevant provision. EU AND OTHER INTERNATIONAL TAX NEWS30 Apr, 20152605
Luxembourg Charges “Whistle Blowers” and Investigative Journalists EU Parliament investigates "Luxleaks" and PWC's information leak. EU AND OTHER INTERNATIONAL TAX NEWS30 Apr, 20152366
UK General Election 2015: Each Party’s Proposals on Taxation We summarize the main proposals on tax issues by four of the major political parties taking part in next month’s election. EU AND OTHER INTERNATIONAL TAX NEWS30 Apr, 20152074
BEPS Action 11: Improving the Analysis of BEPS The Working Party No. 2 of the Committee on Fiscal Affairs (CFA) has invited comments on a discussion draft on Action 11. BASE EROSION AND PROFIT SHIFTING (BEPS)23 Apr, 20152430
Luxembourg Warned About its Reliance on Multinational Corporations OECD has warned Luxembourg about its reliance on multinational corporations. EU AND OTHER INTERNATIONAL TAX NEWS16 Apr, 20152265
Russian Courts' Guidance on Deductibility of Costs/Permanent Establishment/Tax Residency Issues Analysis of two court cases dealing with deductibility of costs, permanent establishment and tax residency issues. RUSSIAN TAX DEVELOPMENTS16 Apr, 20152172
Confirmation of Beneficial Ownership for Russian Source Income The Russian Ministry of Finance further clarifies what is need for confirming beneficial ownership for Russian source income. RUSSIAN TAX DEVELOPMENTS06 Apr, 20152832
BEPS Action 12: Mandatory Disclosure Rules The Committee on Fiscal Affairs on 31 March 2015 issued a Public Discussion Draft for Action 12 of BEPS. BASE EROSION AND PROFIT SHIFTING (BEPS)06 Apr, 20152888
BEPS Action 3: Strengthening CFC Rules Controlled foreign company (“CFC”) rules of BEPS Action Item 3 explained. BASE EROSION AND PROFIT SHIFTING (BEPS)06 Apr, 20152878
Cyprus - South Africa Double Tax Treaty Amendment Protocol Signed On 1 April 2015 Cyprus and South Arica signed a Protocol which amends the double tax agreement between the two countries. CYPRUS DOUBLE TAX TREATY DEVELOPMENTS03 Apr, 20152790