On October 29 and 30, 2015 the 8th Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes took place. In connection with this meeting the Global Forum published 15 new peer review reports.

On October 29 and 30, 2015 the 8th Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes took place. On October 30, 2015 the OECD issued a press release regarding this 8th meeting in which a.o. it was announced that during the meeting 13 new jurisdictions signed the Multilateral Competent Authority Agreement, bringing the total number of signatories to 74.

In today’s edition a.o.: The UK – Accounting standards: the UK tax implications of new UK GAAP; The UK – Revenue and Customs Brief 18 (2015): VAT grouping rules and the Skandia judgement; The UK – Corporation Tax treatment of interest-free loans and other non-market loans; The UK – Corporation Tax: Disregard Regulations for derivative contracts; Hong Kong – Application form for Certificate of Hong Kong Resident Status under the Comprehensive Arrangement for the Avoidance of Double Taxation between the Mainland and Hong Kong will be revised with effect from 1 November 2015; The Netherlands – 2e nota van wijziging Belastingplan 2016; The Netherlands – Tweede Nota van Wijziging MDR; The Netherlands – ECLI:NL:PHR:2015:2197, Conclusie van de AG (deelneming - reorganisatie - valutaverliezen)

On October 30, 2015 the OECD made the full version its Model Tax Convention on Income and on Capital (as it reads on July 15, 2014) available via its website (or at least they intended to, because when we tried to read the online version, it seemed that the first 1,000 pages were unreadable and the same can be said regarding the last 289 pages).

On January 14, 2013 the U.S. and Japan signed a Protocol amending the Convention between the Government of the United States of America and the Government of Japan for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income and the Protocol, which forms and integral part of the Convention, signed at Washington on November 6, 2003. On October 29, 2015 on the website of the U.S. Department of the Treasury a so-called Technical Explanation of this Protocol was published.

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