News archive September 2014

List of articles in category News archive September 2014
Title
State aid: European Commission publishes non-confidential versions of decisions to open investigations into transfer pricing arrangements on corporate taxation of Apple (Ireland) and Fiat Finance and Trade (Luxembourg)
FATCA agreement between Brazil and the U.S. signed
Ireland – Statement in relation to EU State Aid investigations published on the website of the Irish Department of Finance
UK – HMRC releases Revenue and Customs Brief 32 (2014): VAT - policy on holding companies
Liechtenstein and the Czech Republic have signed a DTA
Canada and New Zealand have signed a Second Protocol to their existing DTA
The U.S. Department of the Treasury and the Internal Revenue Service issue a Notice announcing their intention to issue regulations to Reduce Tax Benefits of Corporate Inversions
OECD releases Report on the Impact of Base Erosion and Profit Shifting in Low Income Countries (Part 2) and a Roadmap for developing country participation in the new global standard for the automatic exchange of information between jurisdictions
Singaporean government opens a consultation on proposed regulations to help financial institutions comply with U.S. FATCA
BEPS - G20 endorses the finalised global Common Reporting Standard for automatic exchange of tax information on a reciprocal basis

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INTERESTING ARTICLES

Antigua and Barbuda, Dominica and Saint Vincent and the Grenadines have joined the Inclusive Framework on BEPS
Andorra has signed the MCAA on the Exchange of Country-by-Country Reports
CJEU judges in Case C-153/17, Volkswagen Financial Services (VAT – Right to deduct input VAT on general overhead costs – Interpretation of Case C-93/98, Midland Bank)
CJEU judges in Case C-249/17, Ryanair (VAT – Input VAT in case of a potential takeover)
Peer review reports on the standard of transparency and exchange of information on request of Austria, Aruba, Bahrain, Brazil, Saint Kitts and Nevis, Singapore and the UK published
The Belgian Government is adopting a new package of measures to fight against tax fraud and improve tax collection
Dominican Republic has joined the Inclusive Framework on BEPS
The Australian Government opened a public consultation on the digital economy and Australia’s corporate tax system
The Australian Taxation Office released diverted profits tax guidance
CJEU judges in Case C-416/17, Commission v France (Précompte mobilier) (Freedom of establishment – Deduction of taxable profits – Different treatment of dividends from subsidiaries having their management and registered office in a third country)
The Protocol amending the Swiss - Latvian DTA entered into force
ECOFIN removes Palau from its list of non-cooperative jurisdictions for tax purposes and removes Liechtenstein and Peru from its ‘grey list’
VAT – ECOFIN adopts measures to boost administrative cooperation
VAT – ECOFIN agrees on short-term fixes, pending overhaul