In today’s edition: European Commission – Financial Transaction Taxes in the European Union (Taxation Paper); Switzerland – Federal, Cantonal and Communal Taxes An Outline on the Swiss System of Taxation; Malta – EU SHOULD HAVE CARRIED OUT AN IMPACT ASSESSMENT OF TAX CHANGES – MINISTER SCICLUNA; Poland – Przeciwdziałanie unikania opodatkowania głównym tematem ECOFIN-u

On February 11, 2016 the Inland Revenue Authority of Singapore (IRAS) published its e-Tax Guide – GST Guide for the Marine Industry. In relation thereto on the same date IRAS also published its e-Tax Guide – GST: Approved Marine Customer Scheme (AMCS).

On February 11, 2016 the Australian Government announced that it was seeking for stakeholders’ views on adopting the new OECD guidance as provided in the OECD Report ‘Aligning Transfer Pricing Outcomes with Value Creation’ (Final report on BEPS Action 8-10) in the context of the Australian tax system. With February 26, 2016 being the closing date for submissions, stakeholders who would like to provide input should however note that the consultation period is relatively short.

In the margin of the EU Economic and Financial Affairs Council’s meeting that will be held on February 12, 2016 there will be a signing ceremony with respect to an Amending Protocol to the Agreement between the European Community and the Principality of Andorra providing for measures equivalent to those laid down in Council Directive 2003/48/EC on taxation of savings income in the form of interest payments.

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