(October 31, 2014)

On October 31, 2014 the OECD released Public Discussion Draft “BEPS Action 7: Preventing the Artificial Avoidance of PE Status”. Public comments are invited on the discussion draft which includes the preliminary results of the work carried on with respect to issues related to the artificial avoidance of PE status and includes proposals for changes to the definition of permanent establishment found in the OECD Model Tax Convention.

(October 31, 2014)

On October 31, 2014 the European Commission issued a press release announcing that on October 31, 2014 the EU requested consultations with Russia in respect of import duties for paper products, refrigerators and palm oil. According to the press release the EU takes this first step in the dispute settlement procedure in response to the violation by Russia of its obligations under the World Trade Organisation (WTO).

(October 31, 2014)

On October 31, 2014, the European Commission issued a press release announcing that on October 31 the European Union requested the World Trade Organization (WTO) in Geneva to rule on a dispute concerning certain Brazilian discriminatory taxes. In the EU's opinion, the Brazilian tax measures give an unfair advantage to domestic producers and go against WTO rules. By taking the case to the WTO, the EU aims to re-establish a level playing field between Brazilian and European businesses and products.

(October 31, 2014)

Updated on November 4, 2014

The Inland Revenue Authority of Singapore has issued a press release announcing that on October 31, 2014 Singapore and United Arab Emirates signed a Protocol to amend the Agreement between the Government of the Republic of Singapore and the Government of the United Arab Emirates for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income, which entered into force on August 30, 1996.

(October 31, 2014)

On October 30, 2014 the Irish Revenue published Revenue eBrief No. 95/14: “VAT liability regarding Head Office to branch supplies where the branch is a member of a VAT group”. The Revenue eBrief was issued by the Irish Revenue as a reaction to the ruling of the European Court of Justice in Case C-7/13, Skandia America Corp. (USA), filial Sverige.

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