On November 30, 2015 the UK HM Revenue & Customs published a Diverted Profit Tax Guidance Note. According to the Guidance Note it updates the interim guidance  on the Diverted Profits Tax that (published in March 2015) was introduced in the Finance Act 2015 and it replaces all previously published guidance. According to the Guidance Note it does provide details on the Diverted Profits Tax and should be read alongside the legislation, Explanatory Notes and the Tax Information and Impact Note which were published on 24 March 2015.

In today’s edition: European Commission – The Commission  proposes to overhaul prospectus rules to improve access to finance for companies and simplify information for investors; HMRC – Planned negotiations on double taxation agreements and tax information exchange agreements - Policy paper (Updated 30 November 2015); OECD – Assessing tax levels and the tax mix in OECD countries: Revenue Statistics 2015 to launch on Thursday 3 December 2015, 11:00 a.m. (CET); Singapore – Lower Property Tax in 2016; Poland – Niskie wpływy podatkowe - nowelizacja budżetu na 2015

According to the overview: Double taxation and administrative assistance as available on the website of Swiss State Secretariat for International Financial Matters, the Convention between the Swiss Confederation and the Argentine Republic for the Avoidance of Double Taxation with respect to Taxes on Income and on Capital (Hereafter: the DTA) entered into force on November 27, 2015.

Based on the overview of Jurisdictions Participating in the Convention on Mutual Administrative Assistance in Tax Matters as available on the website of the OECD, the OECD Multilateral Convention on Mutual Administrative Assistance in Tax Matters enters into force on December 1, 2015 with respect to Germany, Mauritius and San Marino.

In this edition:

·        ECLI:NL:HR:2015:3369; Hoge Raad, 27-11-2015 (Art. 10d en art. 15 Vpb: Ontvoeging dochter uit fe door beursgang);

·        ECLI:NL:PHR:2015:2304; Parket bij de Hoge Raad, 17-11-2015 (Verlenging van de eenmalige crisisheffing. Biedt art. 32bd Wet LB voldoende wettelijke basis? Schendt de terugwerkende kracht van de verlenging van de eenmalige crisisheffing art. 1 Protocol I EVRM? Zo ja, welk rechtsherstel? Schending van het gelijkheidsbeginsel?);

·        ECLI:NL:RBGEL:2015:6965; Rechtbank Gelderland, 17-11-2015 (Wet omzetbelasting 1968, aftrek voorbelasting, is de verkoop van aandelen aan te merken als de overgang van een algemeenheid van goederen? Houden de adviesdiensten die aan eiseres zijn verricht rechtstreeks en onmiddellijk samen met de verkoop van de aandelen door eiseres of is sprake van algemene kosten?);

·        ECLI:NL:RBGEL:2015:7215; Rechtbank Gelderland, 24-11-2015 (Vennootschapsbelasting - zakelijkheid verstrekte leningen)

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