TaxNewsFlash-Europe | KPMG | GLOBAL

Europe

Europe

TaxNewsFlash-Europe — KPMG's reports of tax developments in Europe

1000

Related content

TaxNewsFlash-Europe

TaxNewsFlash-Europe

To subscribe to TaxNewsFlash, fill out the subscription form

 

>> Return to the TaxNewsFlash "global" homepage

>> Go to the TaxNewsFlash U.S. homepage

Recent Articles

April 2018

20 Apr - EU: VAT on telecommunications, broadcasting, and electronic services

20 Apr - UK: Employment related-trusts must correct by 30 September 2018

20 Apr - UK: Reminder of tax changes affecting individuals for 2018-2019

20 Apr - UK: Tribunal decision, permanent establishments trading as partnerships ineligible for amortisation of assets

19 Apr - Czech Republic: Brokerage fee held not deductible, burden of proof not satisfied

19 Apr - Czech Republic: Electronic reporting of sales and VAT proposals

18 Apr - Germany: VAT treatment of bitcoin, virtual currencies and transactions

17 Apr - Sweden: Interest limitation rules expected for corporate sector

16 Apr - EU: Summaries of CJEU judgments, state aid proceedings, rulings from EC and other institutions

16 Apr - Finland: Insurance premium tax; question on location of risk posed to CJEU

16 Apr -  Luxembourg: Proposed VAT group regime, would be effective 31 July 2018

16 Apr - Netherlands: Draft decree to implement “ultimate beneficial owner” rules

13 Apr - Italy: Input VAT on fuel purchases; VAT grouping rule decree

13 Apr - UK: HMRC letters to businesses about CIR, hybrid mismatches, loss reform measures affecting their tax positions

13 Apr - UK: Proposals on profit fragmentation, addressing avoidance arrangements

13 Apr - UK: Upper Tribunal decision, payments made to acquire partnership interests held “trading in nature”

12 Apr - Austria: Proposed administrative tax law changes, “horizontal monitoring” and advance rulings

12 Apr - Ireland: Modernisation of PAYE reporting, effective 1 January 2019

12 Apr - Slovakia: Tax on sold or unused greenhouse gas emissions (CJEU judgment)

11 Apr - Austria: Ministerial draft to introduce CFC rules

11 Apr - Sweden: Proposals to regulate gaming industry include tax measures

9 Apr - Malta: Tonnage tax regime, update

6 Apr - France: Software and cash-desk conformity measures, VAT collection and reporting

6 Apr - Belgium: Social security rules for cross-border workers

6 Apr - Portugal: EC approves tonnage tax regime

6 Apr - UK: Changes to tax treatment of certain termination payments, effective 6 April 2018

6 Apr - UK: Possible application of proposed extension of offshore time limits to corporations, not just individuals

6 Apr - UK: Reminder of filing deadline for employment-related securities annual returns, due 6 July 2018

6 Apr - UK: Tonnage tax “flagging rules” lifted for FY 2018

5 Apr - UK: Update on Brexit negotiations; tax and customs implications

4 Apr - EU: Proposals to allow EU Member States to apply reduced VAT rates; summary of VAT-related developments

4 Apr - Luxembourg: Ratification of BEPS multilateral instrument expected in 2018

3 Apr - Italy: Overview of tax system

2 Apr - Lithuania: Interest on refunds of VAT overpayments

2 Apr - Slovakia: Tax calendar for April 2018, certain key dates

March 2018

29 Mar - Malta: Reduced rate of tax (duty) extended through September 2018, transfers of family businesses

29 Mar - Netherlands: Evaluation of work-related costs, reimbursements

27 Mar - Belgium: Optional VAT regime for leases of real estate used for business purposes (generally effective 1 October 2018)

27 Mar - Bulgaria: New definition of “beneficial owner” and disclosure requirements

27 Mar - Malta: Update on notional interest deduction

23 Mar - Luxembourg: Text of income tax treaty with France is published

23 Mar - Netherlands: VAT exemption not applicable on instruction to transfer money (CJEU Advocate General opinion)

23 Mar - UK: HMRC response to consultation on risk review process for large businesses

23 Mar - UK: Taxpayer group’s claimed deduction for reduction in fair value of shareholding in group company, asserted to represent a loan relationship

23 Mar - Belgium: Corporate income tax reform, changes to prepayments

23 Mar - France: Compatibility of French tax deferral rules of capital gains with EU Merger Directive (CJEU judgment)

23 Mar - Luxembourg: New intellectual property tax regime is effective 1 January 2018

23 Mar - OECD: Multilateral BEPS convention (MLI) entry into force 1 July 2018 (Slovenia, Austria, Isle of Man, Jersey, Poland)

23 Mar - Sweden: Proposals for interest deduction limitation rules, and proposed corporate tax rate reduction

22 Mar - Switzerland: Update on Tax Proposal 17; Federal Council action

22 Mar - EU: Guidelines from European Commission, avoid channeling EU funds through non-cooperative tax jurisdictions (EU “blacklist”)

22 Mar - Germany: VAT on outsourced banking services, referral to CJEU

22 Mar - OECD: Additional guidance on attribution of profits to permanent establishments (BEPS Action 7)

22 Mar - Russia: New VAT rules for e-services, effective 2019

21 Mar - Luxembourg: New income tax treaty signed with France

21 Mar - EU: Proposals for taxation of digital businesses

21 Mar - Serbia: VAT refunds are available, 30 June 2018 

21 Mar - Spain: Electronic reporting system for VAT

20 Mar - Ireland: Employee share incentives; considerations for offering tax savings to employees

19 Mar - Austria: Tax treatment of “contributions in kind” and of losses

16 Mar - Romania: VAT payable-related accounts, domestic transactions and imports

16 Mar - UK: Descriptions of tax consultations in Spring Statement

16 Mar - UK: Finance Bill 2018 received Royal Assent, and enacted as Finance Act 2018

15 Mar - Czech Republic: Burden of proof when VAT fraud asserted

15 Mar - Czech Republic: Liability of supply recipient for unpaid VAT

15 Mar - Czech Republic: Retroactive application of exemption of withholding tax for interest, royalties

15 Mar - Montenegro: VAT refund requests for 2017 due by end of June 2018

14 Mar - Sweden: Changes to “chemical tax” being considered

13 Mar - UK: No new tax measures introduced in Spring Statement; consultations include taxation of digital economy

13 Mar - EU: Changes to list of “non-cooperative jurisdictions” in tax matters (“blacklist”)

13 Mar - EU: Disclosure rules, reportable cross-border arrangements by tax advisers

12 Mar - EU: VAT treatment of certain UK commodity markets

9 Mar - UK: Could Spring Statement focus on taxation of the digital economy?

9 Mar - UK: Tribunal refused tax deductions for partnership’s payments, found primarily made for tax arrangements

9 Mar - UK: Tribunal rejected taxpayer’s claim for capital losses, arrangements involving conversion and repurchase of shares

8 Mar - France: Court decision, criteria for finding permanent establishment

8 Mar - EU: Infringement procedures against Cyprus, Greece, Malta; VAT on yachts

6 Mar - EU: Economic operators registration and identification number

5 Mar - EU: Customs electronic systems update

2 Mar - Belgium: Constitutional Court’s decision on the “fairness tax"

2 Mar - Denmark: “Beneficial owner” when back-to-back financing by non-resident parent company (CJEU Advocate General opinion in joined cases)

2 Mar - EU: European Parliament addresses “blacklist” of non-cooperative countries, mandatory disclosure, C(C)CTB

2 Mar - Turkey: Draft law changes for VAT; electronically supplied services

2 Mar - UK: Employee incentive arrangements; de facto loans not “reasonable”

2 Mar - UK: Final guidance on the corporate interest restriction (CIR) regime; how to file certain documents

2 Mar - UK: Leasing tax reform; IFRS 16 approaches and new tax regime

February 2018

27 Feb - Netherlands: Insight into Finance Ministry’s tax plans

27 Feb - San Marino: Overview of tax system

27 Feb - Ireland: New employee share option regime, aimed at SMEs

26 Feb - Ireland: VAT updates

26 Feb - Romania: Electronic filing of environmental fund declarations

23 Feb - Netherlands: Dutch Cabinet responds to CJEU “per element” approach

23 Feb - UK: No tax changes expected at Spring Statement from the Chancellor

23 Feb - UK: Government review of corporate intangible fixed asset regime  

23 Feb - UK: HMRC guidance on end-use relief; imported goods when use or end destination is unknown

22 Feb - Denmark: Deductibility of losses from Danish permanent establishment when head office not Danish tax resident (CJEU Advocate General opinion)

22 Feb - Netherlands: Interest deduction limitations and foreign exchange losses in EU participations (CJEU judgment)

21 Feb - Belgium: Worker’s stand-by time when required to respond to employer’s calls is “working time” (CJEU judgment)

21 Feb - France: Decision expected to address constitutionality of anti-avoidance tax provision

21 Feb - Germany: Anticipated VAT legislation concerning online trading

21 Feb - Isle of Man: Tax provisions in 2018 budget

20 Feb - Czech Republic: Changes in VAT law expected in 2019

20 Feb - Czech Republic: Proposed changes to income tax law for 2019

16 Feb - UK: Deadline for actions under new corporate interest restriction (CIR) regime is 31 March 2018

15 Feb - Austria: Treatment of tax loss carryforwards, change in organizational structure

14 Feb - Netherlands: Delay concerning employment relationships deregulation law

14 Feb - OECD: Better use of energy taxation to address climate change

9 Feb - UK: HMRC guidance, inheritance tax rules for UK residential property of non-domiciles

9 Feb - UK: HMRC interpretation of termination payment rules

8 Feb - Cyprus: VAT regime for tour operators

8 Feb - Germany: Participation exemption, dividends originating in third countries (CJEU Advocate General opinion)

8 Feb - Italy: New tax law measures affecting individuals, including capital gains and dividends taxation

7 Feb - Croatia: Tax measures effective in 2018

7 Feb - Netherlands: Update, definitions of “ultimate beneficial owner”

6 Feb - Sweden: Government’s proposal for new gambling regulations

5 Feb - Cyprus: VAT on support services for ships

2 Feb - Belgium: New tax on securities accounts of individual taxpayers

2 Feb - Switzerland: Update concerning “Tax Proposal 17” 

2 Feb - UK: HMRC guidance, changes to rules for non-doms, offshore trusts, business investment relief

2 Feb - UK: Updated HMRC guidance, hybrid and other mismatch legislation

2 Feb - UK: Tax rates, bands in Scottish draft budget for 2018

1 Feb - Serbia: Individual income tax returns, deadline is 15 May 2018

January 2018

31 Jan - Austria: Claw-back of foreign tax losses, tax group dissolution

31 Jan - Netherlands: Bonus shares not under fixed exemption as work-related costs (Amsterdam Court of Appeals decision)

30 Jan - Finland: Proposed changes to interest deduction limitation rules

26 Jan - Cyprus: Guidance on VAT treatment of holding companies

26 Jan - Turkey: Rules of origin for EU-originated goods, customs duties (effective February 2018)

26 Jan - UK: Court of Appeal decision, redomination of qualifying corporate bonds

26 Jan - UK: Tribunal decision, loan notes received by employees not restricted securities

26 Jan - UK: Tribunal decision, proposed profit apportionment of taxpayer in oil and gas sector

23 Jan - EU: Eight countries removed from EU "blacklist" of non-cooperative jurisdictions

23 Jan - Romania: Salary tax exemption, university students working for software companies

22 Jan - Czech Republic: VAT penalty relief, electronic reporting of sales

22 Jan - Malta: Registers of beneficial owners for trusts, foundations, associations, corporations

19 Jan - Croatia: Tax law changes, effective in 2018

19 Jan - Czech Republic: VAT refund opportunities for real property acquisitions

19 Jan - Italy: New rules, VAT on pharmaceutical “paybacks”

19 Jan - UK Finance Bill 2018 update; Committee Stage completed, Report Stage and Third Reading next

19 Jan - UK: HMRC policy change, penalties for inaccuracies in returns and documents

18 Jan - Bulgaria: Excise tax measures effective beginning 2018

18 Jan - Denmark: Cross-border loss relief rules; deductibility of losses from foreign permanent establishments (CJEU Advocate General opinion)

18 Jan - EU: Proposals for VAT rates, rules to help small businesses with cross-border transactions

18 Jan - Hungary: Online invoicing takes effect 1 July 2018

17 Jan - Belgium: Corporate tax measures effective beginning 2020

17 Jan - EU: Review of CJEU judgments, CJEU Advocate General opinions, infringement procedures and referrals

16 Jan - France: Tax waiver on capital reclassification held “state aid” (General Court of European Union judgment)

16 Jan - Italy: New corporate income tax, regional tax measures enacted

15 Jan - Sweden: New deductible amounts for business, promotional gifts

15 Jan - Poland: EC opens investigation of tax incentive for Polish shipyards

12 Jan - Iceland: Overview of tax system

12 Jan - Macedonia: Calculating and paying advance individual (personal) income tax

12 Jan - UK: Deduction of statutory interest paid to creditors in insolvency proceedings following “Lehman Brothers” (Court of Appeal decision)

10 Jan - Belgium: Corporate income tax reform enacted; implications for deferred taxes

9 Jan - Belgium: Tax consolidation and anti-tax avoidance measures, effective beginning 2019

9 Jan - Kosovo: Customs and excise duties exemptions for certain manufacturers

8 Jan - Cyprus: VAT on leasing of immovable property

5 Jan - France: Corporate, individual tax measures in newly enacted laws

5 Jan - Latvia: VAT applied on construction industry

5 Jan - UK: Draft VAT “making tax digital” regulations, consultation

5 Jan - UK: HMRC overview of groups’ compliance obligations under new corporate interest restriction regime

5 Jan - UK: Upper Tribunal decision, income tax relief allowed, PE’s trading losses against non-PE letting income

4 Jan - Albania: Tax measures effective in 2018

4 Jan - Italy: New VAT measures, effective beginning 2018

2017 Articles

December 2017

28 Dec - Latvia: Tax changes effective in 2018

27 Dec - Serbia: Changes to corporate income tax, VAT, individual tax laws

22 Dec - Belgium: Parliament to approve legislation implementing corporate tax reform

22 Dec - EU: Provisions for implementation, design of ultimate beneficial ownership registers advance

22 Dec - France: VAT refund opportunities, time limits for EU entities

21 Dec - Netherlands: Advance tax rulings to expire; re-file ruling requests in 2018

21 Dec - Denmark: Withholding tax on dividends paid to foreign investment funds (CJEU Advocate General opinion)

21 Dec - Germany: Anti-treaty shopping rule implications, dividends received by foreign parent companies from German subsidiaries (CJEU judgment)

21 Dec - Germany: VAT issues concerning consignment stock, revised official position

21 Dec - Norway: Amendments to tonnage tax system approved by ESA

19 Dec - Turkey: Corporate tax rate; tax changes for communications, finance sectors effective in 2018

18 Dec - Luxembourg: Parliament approves budget law; tax measures were amended during legislative process

18 Dec - Netherlands: EC state-aid investigations, whether tax rulings provide “unfair advantage”

18 Dec - Netherlands: Supreme Court rejects fiscal unity, Dutch “sister companies” having non-EU parent company

18 Dec - OECD: 2017 update to the “Model Tax Convention” addresses BEPS

15 Dec - Italy: Patent box regime, new decree defines and clarifies eligible intellectual property

15 Dec - UK: Corporate interest restriction regime, regulations addressing transitional mismatches 

15 Dec - UK: Scottish draft budget proposes changes to Scotland’s income tax rates

14 Dec - France: Temporary “exceptional surcharges” for large corporate taxpayers finally adopted

14 Dec - Bulgaria: New VAT measures effective in 2018

14 Dec - Czech Republic: VAT exemption for transport services in connection with imports, exports

14 Dec - EU: Economic partnership agreement negotiations with Japan finalized

14 Dec - EU: Recommendations concerning money laundering, tax avoidance, and tax evasion measures, approved by European Parliament

14 Dec - Luxembourg: Proposals to implement “ultimate beneficial owners” registries

14 Dec - Netherlands: “Crisis levy” on salaries, retroactive application upheld by European Court of Human Rights

14 Dec - Netherlands: Interim evaluation of 30% ruling, employees within 150 kilometers of Dutch border

13 Dec - Netherlands: Final VAT returns corrections; promotional gifts, company cars

13 Dec - EU: Guidelines to simplify withholding tax on cross-border investments

12 Dec - EU: Finance ministers express concerns about U.S. tax reform proposals

8 Dec - UK: Finance Bill 2018 as expected, follows Autumn budget

8 Dec - UK: Consultation on rules to expand withholding tax on royalties

8 Dec - UK: HMRC documents relating to tax-advantaged venture capital schemes

8 Dec - UK: HMRC consultations on leasing tax changes

7 Dec - Albania: VAT registration thresholds revised

6 Dec - Ireland: Practical Irish company law implications for Brexit

6 Dec - Ireland: VAT updates including VAT measures in budget 2018

6 Dec - Italy: Update on defining “permanent establishment”

6 Dec - Netherlands: Annual adjustment; salary for “highly skilled” migrants, increased legal fees 2018

5 Dec - EU: “Non-cooperative tax jurisdictions” identified, 17 "black listed" jurisdictions

5 Dec - EU: Council looks to rules on taxing profits in digital economy

5 Dec - EU: New VAT measures for cross-border online sales

4 Dec - Luxembourg: Taxation of stock options, warrant schemes

1 Dec - UK: Tax measures in Finance (No. 2) Bill, published 1 December 2017

1 Dec - UK: Tribunal rejects appeal for capital allowances on fee paid for decommissioning

November 2017

30 Nov - Bulgaria: Implications of CJEU judgment on VAT and bad debts

30 Nov - EU: New measures proposed to counter VAT fraud

29 Nov - EU: Recent developments concerning export controls and sanctions

27 Nov - Germany: VAT treatment of fees under leasing agreements (CJEU judgment)

27 Nov - Italy: Proposal to address “registration tax” on certain business reorganizations

27 Nov - Italy: VAT rate increases delayed in draft budget law 2018

24 Nov - Finland: Transfer of foreign permanent establishment, immediate taxation of unrealized gains (CJEU judgment)

24 Nov - UK: Amendments proposed to hybrid and other mismatch rules, some retroactive

24 Nov - UK: Budget provides index allowance for life insurance companies

24 Nov - UK: Few surprises for taxpayers in Autumn Budget 2017

24 Nov - UK: HMRC guidance on amending corporation tax returns, following enactment of Finance (No.2) Act 2017

24 Nov - UK: Withholding tax exemption for debt traded on multilateral trading facility; quoted Eurobond exemption extension

22 Nov - UK: Overview of Autumn Budget 2017

22 Nov - UK: Initial reactions to tax proposals in Autumn Budget

22 Nov - Italy: Capital gains on “qualifying shares,” proposed tax changes would affect non-resident investing entities

22 Nov - Romania: New “exit tax” provisions under tax avoidance rules

21 Nov - Hungary: Tax legislative measures approved by parliament

21 Nov - Serbia: Effective date of VAT recordkeeping, calculation rules is delayed

20 Nov - Austria: Tax rules for indefinite use of loss carryforwards upheld

20 Nov - France: Mechanism for deferred taxation of capital gains (CJEU Advocate General’s opinion)

20 Nov - Italy: Guidance on tax treatment of carried interest

17 Nov - UK: Anticipating business tax measures in Autumn Budget (scheduled for 22 November)

17 Nov - UK: Finance (No. 2) Bill 2017 received Royal Assent

16 Nov - France: Draft “corrective” finance bill for 2017

14 Nov - Romania: Corporate, individual tax changes effective beginning 2018

13 Nov - Switzerland: Reduced corporate tax rate, canton of Vaud

10 Nov - UK: HMRC draft guidance on corporate loss relief reform

10 Nov - UK: New quarterly instalment payments for “very large businesses” (regulations)

9 Nov - Czech Republic: R&D tax deduction; guidelines and legal requirements

9 Nov - Czech Republic: VAT notices warn of risks

6 Nov - Belgium: EC continues approval of Belgian tonnage tax regime (state aid rules)

6 Nov - Netherlands: Update on dividend withholding tax proposal

3 Nov - Italy: Agreement for automatic exchange of country-by-country reports with United States

3 Nov - UK: Autumn Budget scheduled for 22 November 2017

3 Nov - UK: Proposed corporate interest restriction rules (updates and analyses)

3 Nov - UK: House of Commons completes action on Finance (No. 2) Bill 2017

2 Nov - France: Corporate tax “exceptional surcharges” proposed for largest companies

2 Nov - Netherlands: Customs duty refund opportunities; recalls and warranties (CJEU judgment)

October 2017

31 Oct - EU: Combined Nomenclature (CN) for 2018

31 Oct - Switzerland: Implications of national tax proposal (Tax Proposal 17) for Canton of Bern

30 Oct - Belgium: Government reaches agreement, legislation implementing corporate tax reform

27 Oct - Belgium: Treatment of interest payments, exempt dividends under EU Parent-Subsidiary Directive (CJEU judgment)

27 Oct - UK: EC state aid investigation, treatment of multinational groups under CFC regime

27 Oct - UK: Finance (No. 2) Bill 2017 completes committee stage; report stage set for 31 October 2017

26 Oct - UK: Duplicate bridge not exempt from VAT as a “sport” (CJEU judgment)

26 Oct - Netherlands: CJEU Advocate General opinion on corporate fiscal unity, emergency cabinet response

25 Oct - Poland: Company transferring registered office to another EU Member State, freedom of establishment

24 Oct - Norway: Withholding tax on dividends; changes to rules effective 2018

24 Oct - Norway: Cross-border group relief available, loss carryforwards

24 Oct - OECD: Guidance on VAT and consumption tax collection, cross-border sales (BEPS Action 1)

24 Oct - Germany: Consignment stocks, criteria for avoiding VAT registration

20 Oct - EU: Digest of CJEU judgments, referrals; EU developments (October 2017)

20 Oct - UK: Status update on Finance (No. 2) Bill 2017; committee stage expected to conclude 26 October 2017

19 Oct - Ireland: Finance bill 2017 published, stages announced

19 Oct - Hungary: CJEU judgment, Hungarian motor vehicle tax prohibited customs duty

19 Oct - Serbia: Amendments regulating excise taxes, recordkeeping and calculations

18 Oct - Denmark: New income tax treaty signed with Japan

18 Oct - Italy: New VAT measures, effective 2018

17 Oct - Romania: Taxpayer products subject to “harmonized” excise duties

17 Oct - Luxembourg: Budget bill for 2018; individual and corporate tax changes

16 Oct - Luxembourg: 2017 tax reform; double-entry bookkeeping required for “liberal” professions

16 Oct - Czech Republic: Amendment to clarify VAT ledger statement requirements

16 Oct - Czech Republic: Claiming interest on “retained deductions” (tax remittances)

16 Oct - Czech Republic: Government criticisms of “legal electronic system”

16 Oct - Czech Republic: Tax treatment of disproportionate profit share distributions

13 Oct - UK: Update on progress of Finance (2017) Bill No. 2

12 Oct - Switzerland: Revised rules for VAT on research services

11 Oct - Austria: Decree on capital repayment and internal financing

11 Oct - Netherlands: Tax measures included in coalition agreement

11 Oct - Serbia: New VAT recordkeeping, calculation guidelines

10 Oct - EU: New rules, process for resolving tax treaty-related disputes

10 Oct - France: Dividends distribution tax (3%) held unconstitutional; possible refund opportunities

10 Oct - Ireland: Tax provisions in budget 2018

10 Oct - Malta: Tax proposals in budget 2018

10 Oct - Netherlands: Changes proposed, withholding tax on dividends, interest and royalties

10 Oct - Poland: New version of corporate income tax bill

10 Oct - Romania: VAT split-payment mechanism

9 Oct - Luxembourg: Individual tax status, new options for non-resident taxpayers

6 Oct - Switzerland: Proposed changes, tax withholding on Swiss income employment

4 Oct - EU: Reform of VAT system proposed; single EU VAT area

3 Oct - Germany: Court decisions on corporate participations, unused losses, deductible expenses

3 Oct - Norway: VAT on e-services supplied by foreign companies to consumers

2 Oct - Netherlands: Is VAT on professional services deductible when sale ultimately fails?

2 Oct - Turkey: Draft legislation includes increased tax rates for companies, individuals

2 Oct - Turkey: Rights to taxation under network of income tax treaties

September 2017

29 Sep - Austria: High court addresses corporate group taxation rules

28 Sep - France: Tax proposals in 2018 draft budget

28 Sep - Switzerland: VAT rate reduction effective 1 January 2018

27 Sep - Poland: Draft legislative amendment introduces VAT “split payment” system

26 Sep - Russia: Tax treaty signed with Japan

26 Sep - Slovakia: Proposals for patent box regime, exit tax, CFC rules

22 Sep - Italy: Branch exemption, implementing regulation

22 Sep - Poland: Proposed cash register repository, collecting “real time” VAT information

22 Sep - Sweden: Tax changes in 2018 budget

22 Sep - UK: Implications of EU-Canada trade agreement for UK businesses

22 Sep - UK: Proposed replacing capital allowances with deduction for accounts depreciation

22 Sep - Netherlands: VAT exemption for cost-sharing groups, not applicable for financial and insurance sectors (CJEU judgments)

21 Sep - Belgium: VAT exemption not available, IGPs in financial, insurance sectors (CJEU judgments)

21 Sep - EU: EC communication on taxation of single digital economy

21 Sep - Luxembourg: CJEU judgments “seal the fate” of IPGs' VAT exemption in financial and insurance sectors

21 Sep - Netherlands: Tax measures for 2018, “budget day”

21 Sep - Netherlands: “Budget day” payroll tax, wages and salaries tax proposals

20 Sep - Netherlands: Bill on tax treatment of profits by holding cooperatives, expanded withholding exemption

20 Sep - UK: Tax credit for dividends originating from foreign-sourced profits (CJEU judgment)

19 Sep - UK: Validity of exit tax when majority of trustees of UK trust became residents abroad (CJEU judgment)

19 Sep - Poland: Proposals for new special economic zones; enhanced tax benefits

18 Sep - EU: Finance Ministers discuss taxation of digital economy at Ecofin meeting

15 Sep - France: VAT measures effective 2018; cash systems and software requirements

15 Sep - Ireland: Tax treatment of REITs and REIT shareholders

15 Sep - UK: Draft clauses for Finance Bill 2017 to 2018; tax implications

15 Sep - UK: Bank levy; restricting scope to UK balance sheets from 2021

15 Sep - UK: Draft legislation, taxation of partnerships

15 Sep - UK: Exemption from withholding tax for UK-source interest on debt traded on multilateral trading facility

14 Sep - Czech Republic: Amended measures on terminating VAT group registrations

14 Sep - Czech Republic: Non-deductible expenses and taxable revenues; possible opportunities for tax savings

14 Sep - EU: Taxation of interest, registered certificates that Austrian company purchased from German bank (CJEU judgment)

14 Sep - Germany: New, stricter requirements for VAT refunds; file by 30 September

13 Sep - Spain: New form for reporting related-party transactions, or transactions involving “tax havens”

12 Sep - Ireland: Recommendations for changes to Ireland’s corporation tax regime; no changes to 12.5% tax rate

12 Sep - Romania: Tax exemption, salaries paid employees engaged in R&D activities

12 Sep - Belgium: Notional interest deduction rate 0.746% for assessment year 2019

12 Sep - EU: Reminder, VAT refund claims due 30 September 2017

11 Sep - France: Exemption from withholding tax; dividends distributed by resident subsidiary to EU parent company controlled by shareholders in third countries (CJEU judgment)

11 Sep - Italy: New rules, tax benefits under “allowance for corporate equity”

8 Sep - UK: Finance Bill published 8 September; draft clauses for Finance (No. 2) Bill to be published 13 September

8 Sep - UK: Final HMRC guidance, corporate criminal offence of failing to prevent facilitation of tax evasion

8 Sep - Switzerland: Update on tax proposals (“Tax Proposal 17”)

6 Sep - EU: Recent developments concerning state aid, OECD, and local law and regulations 

6 Sep - Ireland: Deadline for companies to disclose beneficial ownership information to central register has been extended

5 Sep - Cyprus: Changes to VAT appeal procedure

5 Sep - Germany: Tax law measures enacted include “anti-patent box” provisions

5 Sep - Romania: Limited deductions concerning receivables; tax rules for representative offices

1 Sep - Romania: VAT split-payment mechanism legislation is enacted

August 2017

31 Aug - Lithuania: Supply of goods in chain transactions was intra-Community supply

30 Aug - EU: Export controls, sanctions regarding trade with Russia, Iran, Venezuela

29 Aug - Montenegro: VAT reverse-charge mechanism; foreign entities appointing a VAT proxy

29 Aug - EU: Deadline for filing VAT refunds is 30 September 2017

28 Aug - Croatia: Measures concerning foreign workers, work permits

25 Aug - Czech Republic: Case law expands when expenses are tax deductible

24 Aug - Montenegro: VAT law changes include an increased tax rate

23 Aug - Romania: Draft legislation clarifies VAT split-payment mechanism

21 Aug - UK: Customs considerations in light of “Brexit”

18 Aug - Czech Republic: VAT not included, transfer tax valuation of real property

17 Aug - Luxembourg: Tax circulars on individual income tax; wage tax guidance

16 Aug - Bulgaria: Tax liability of representatives, shareholders of legal entities

15 Aug - EU: Summary of recent CJEU judgments; infringement procedures and referrals to CJEU

15 Aug - UK: Multinationals with UK presence must publish their UK tax strategy before end of 2017

11 Aug - UK: Expanded HMRC draft guidance on corporate interest restriction, comments 

10 Aug - Luxembourg: IP tax regime proposed for 2018; patents, software covered

7 Aug - Romania: Proposal to introduce VAT split-payment mechanism

3 Aug - Belgium: Corporate tax reform, tax rate to be phased down to 25%

3 Aug - Russia: Revised “blacklist” of countries; process for identifying shell companies, unjustified tax benefits

1 Aug - Belgium: VAT and lease agreements for immovable property

1 Aug - Italy: Demerger followed by transfer of shares, not abusive transaction

July 2017

31 Jul - Germany: VAT invoice addresses; zero-rated services concerning imports and exports

28 Jul - UK: Companies incorporated in Jersey; residents of UK?

28 Jul - UK: Updated HMRC guidance on R&D tax relief for reimbursed expenses

27 Jul - Estonia: Measures on taxation of dividends, intra-group loans, employee-share options, fringe benefits

26 Jul - Belgium: Agreement reached on tax provisions in 2018 budget;
reduced rate of corporate income tax and other measures

25 Jul - Italy: Withholding tax exemption, foreign investments in Italian real estate investment funds

24 Jul - Albania: Reduced VAT rate for tourism activities

24 Jul - Austria: Input tax deductions, real estate sales

21 Jul - UK: Corporate loss reform; updated draft legislation to be effective 1 April 2017

21 Jul - UK: Follow-up consultation on leasing taxation delayed

20 Jul - Czech Republic: Guidance on VAT ledger statements

20 Jul - Montenegro: VAT law amendments

20 Jul - Switzerland: VAT reform delayed; “low value” imports

19 Jul - Cyprus: Temporary tax returns due before 31 July

19 Jul - Italy: Increase in percentage of taxable capital gains

19 Jul - Netherlands: Social security treaty with China, enters into force 1 September 2017

18 Jul - EU: Exchange of customs-related information with third countries, consultation

18 Jul - France: No permanent establishment found of Irish entity, concludes administrative court in Paris

18 Jul - Netherlands: Applying 183-day rule; physical presence method followed

17 Jul - Cyprus: Defining “resident individual” for tax purposes

17 Jul - Macedonia: New reporting, payment of individual (personal) income tax starting 1 January 2018

17 Jul - Poland: Proposed amendment to corporate income tax, individual income tax

14 Jul - EU: Agreement with Japan would remove, reduce customs tariffs 

14 Jul - Finland: Finnish exit tax and restriction on freedom of establishment; CJEU Advocate General opinion

14 Jul - Netherlands: Proposed legislation, VAT treatment of retail vouchers

14 Jul - Netherlands: VAT on professional services; is it deductible if unsuccessful share deal?

14 Jul - UK: Finance bill delayed; updated draft legislation reflects technical changes 

14 Jul - UK: Proposed changes to hybrid mismatch rules

13 Jul - Belgium: Foreign tax credits, French-sourced dividends distributed to Belgian individuals

13 Jul - EU: Summary of recent CJEU judgments; infringement procedures and referrals to CJEU

12 Jul - Denmark: Tax incentives for hydrocarbon activities, draft bill

11 Jul - Netherlands: Potential trade, customs implications of “Brexit” on Dutch businesses

11 Jul - Netherlands: Proposals for interest deduction limitation, exit tax, CFC rules

11 Jul - OECD: Draft contents of 2017 update to Model Tax Convention

10 Jul - France: Tax announcements, proposals of new French government

10 Jul - UK: Implications of Brexit negotiations; critical for retailers to understand supply chains at granular level

7 Jul - Netherlands: Innovation box regime approved by OECD

7 Jul - UK: Amounts paid to EBT by employer for benefit of employee, taxable to employee as earnings (Supreme Court decision)

7 Jul - UK: Recommendations on how to improve corporation tax return

6 Jul - Italy: Opportunity to resolve judicial tax disputes without interest, penalties

5 Jul - Romania: Disallowed VAT deduction, supplies provided by inactive taxpayer (CJEU Advocate General’s opinion)

UK: Proposed corporate interest restriction rules (updates and analyses)
UK: Proposed corporate interest restriction rules (updates and analyses)

June 2017

30 Jun - Germany: VAT implications, place of service involving permanent establishment

30 Jun - Poland: EC finds retail sector tax contrary to EU rules

30 Jun - Sweden: New tax liabilities, reporting by foreign employees proposed

30 Jun - UK: Accounting expense for grant of share options to employees is deductible for corporation tax purposes, tribunal decision

30 Jun - UK: Office of Tax Simplification (OTS) first annual report for 2016-17

29 Jun - Netherlands: Innovation box approved by EU; applies to plant-protection products

28 Jun - Poland: Changes to taxation of investment funds

28 Jun - Poland: Local government units, VAT deductions

28 Jun - Poland: Tax on certain financial institutions securing financial market in event of financial crisis

27 Jun - Italy: New VAT measures enacted

27 Jun - Bulgaria: Tax card 2017; a concise overview of taxes for 2017

27 Jun - Ireland: Annual VAT recovery rate adjustment for 2016; due date for certain businesses is 23 July 2017

27 Jun - Spain: Tax exemptions for Church may constitute unlawful state aid

27 Jun - Sweden: Directors’ fees subject to tax as income from employment

26 Jun - Poland: Financial support for SME sub-suppliers can benefit large companies

26 Jun - UK: Businesses need to consider potential non-economic business activities and their VAT consequences

26 Jun - UK: Proposed corporate interest restriction rules (updates and analyses)

23 Jun - Italy: Patent box regime, other corporate income tax measures

21 Jun - EU: Proposed mandatory disclosure of reportable tax of aggressive cross-border tax planning arrangements

21 June - Russia: Determining “beneficial owner of income” for tax treaty purposes

21 Jun - Russia: Loss carryover rule changes, effective beginning 2017

21 Jun - Russia: Tax payments made by third party, acting on taxpayer’s behalf

20 Jun - EU: IASB interpretation, uncertainty over income tax treatments

20 Jun - France: New measures require the reporting of “ultimate beneficial owners” by 1 August 2017 or 1 April 2018

20 Jun - Sweden: Proposals for corporate tax cuts, interest deduction limits

16 Jun - Poland: New measures proposed for real estate rental market
(SRWN)

15 Jun - Czech Republic: Proposed changes to income tax law

15 Jun - Czech Republic: Proposed changes to investment incentives, tax holidays

15 Jun - Switzerland: Effects of “Tax Proposal 17” on Canton of Vaud

14 Jun - Belgium: Income from saving deposits; no tax exemption when banks are located in other EU countries violates freedom (CJEU judgment)

14 Jun - Belgium: Insurance claims’ handling services, no longer VAT-exempt when performed by third parties (not agents or brokers)

13 Jun - EU: Corrections, amendments to Uniform Customs Code 

13 Jun - Finland: Withholding taxes refunded to U.S. business trust (partnership); possible refund opportunities

12 Jun - Switzerland: New plans for tax reform

12 Jun - Switzerland: Tax proposals for Canton of Zug

9 Jun - UK: General election results in “hung Parliament”

9 Jun - UK: Administrative requirements of proposed corporate interest restriction regime

9 Jun - UK: Corporation tax self-assessment not allowed to be set against a PAYE liability

9 Jun - UK: Chargeable gains on transactions involving qualifying corporate bonds

6 Jun - Norway: Re-notification of amended tonnage tax system

5 Jun - Italy: Flat tax for new individual residents, new guidance

5 Jun - UK: New tax pledges of Scottish National Party, key tax pledges from all parties prior to election

5 Jun - UK: Proposed corporate interest restriction rules; determining financial statements to use

5 Jun - UK: Supplementary judgment, expenditure treated as capital or revenue (First-tier Tribunal)

1 Jun - EU: VAT cooperation agreement with Norway

1 Jun - Germany: Anti-patent box legislation, other developments

1 Jun - Germany: VAT group; input tax deduction of a holding

1 Jun - Netherlands: Classification of temporary employment agencies in “occupational sector” ends

May 2017

30 May - EU: New anti-hybrid rules adopted, third-country hybrids

30 May - Netherlands: Review of tax developments concerning financial services sector

30 May - Poland: Standard tax audit file, transmittal of bank information

30 May - Sweden: VAT deduction allowed for consultancy services on restructuring

28 May - Estonia: Proposals for advance tax payments, reduced tax rate on dividends, fringe benefits

26 May - Malta: Review of the imputation tax system

26 May - Slovakia: Draft changes to VAT law introduced

26 May - UK: Corporate interest restriction proposal; identifying the ultimate parent company and the worldwide group

26 May - UK: Pre-election update of tax pledges from various political parties

26 May - UK: Scottish land, building transaction tax; correcting unintended
consequence of treating couples as single economic unit

25 May - Albania: Amnesty for tax, customs liabilities prior to 31 December 2016

24 May - EU: Dispute resolution mechanism and Common (Consolidated) Corporate Tax Base (C(C)CTB), initiatives discussed at ECOFIN meeting

24 May - EU: Summary of recent CJEU judgments; infringement procedures and referrals to CJEU

24 May - France: Observations about CJEU judgment concerning 3% tax on distributions of profits

23 May - France: Additional 3% contribution to corporate income tax, profits distributed by a resident company (CJEU judgment)

22 May - Netherlands: Proposal to extend VAT adjustment rules to “expensive services”

22 May - UK: Corporate interest restriction; proposed commencement and transitional provisions

22 May - UK: Failure to prevent the facilitation of tax evasion, new law

22 May - UK: Key tax pledges by political parties from various manifestos

18 May - Poland: Enhanced benefits from 2018, R&D tax relief

17 May - Belgium: “Fairness tax” partially contrary to EU law (CJEU judgment)

17 May - Czech Republic: VAT relating to transfers of property securing loans

17 May - EU: Free trade agreement with Singapore must be concluded by EU and Member States acting together (CJEU judgment)

17 May - Netherlands: Proposed changes to dividend withholding tax; public consultation

17 May - Romania: Income tax treaty with China, status update

17 May - Sweden: Warehouser registration under “chemical tax” deadline 1 July 2017

16 May - Czech Republic: Depreciation, withholding tax provisions

16 May - Finland: Post-graduate degree offered by UK university is VAT-exempt

16 May - France: Criteria for tax information requests of EU Member States (CJEU judgment)

15 May - UK: Appeal dismissed; VAT treatment of utilities in holiday accommodation

15 May - UK: Corporate interest restriction; “public benefit infrastructure” exemption for non-related-party debt

15 May - UK: Tax policies of political parties, in advance of general election

12 May - Sweden: Salary paid by foreign group companies, tax relief incentives 

11 May - Norway: Participation exemption applies, dividends distributed to Irish holding company

10 May - Malta: Tax treatment of aircraft leasing transactions

10 May - Romania: VAT changes concern electronic services, capital goods, other areas

9 May - France: Proposed tax reforms of President-elect Macron

9 May - France: VAT-payers must use certified software systems beginning 2018

8 May - Norway: Proposed earnings stripping rule changes

8 May - Sweden: VAT exemption regarding management of investment funds 

8 May - UK: Group ratio method and related parties, possible corporate
interest restriction

8 May - UK: Tax position uncertainty for non-domiciled individuals

5 May - Sweden: Judgments on taxation of “carried interest”

4 May - Luxembourg: VAT exemption on services provided to group members; CJEU judgment

4 May - OECD: International VAT / GST guidelines

3 May - Austria v. Germany: CJEU Advocate General’s opinion, “income from debt-claims with participation in profits”

3 May - Germany: Binding rulings applying to several taxpayers

3 May - Italy: Patent box regime change excludes trademarks from tax benefits

3 May - Sweden: Tax on certain chemicals effective 1 July 2017

2 May - Belgium: Exempt dividends on shares held for less than one year; CJEU Advocate General’s opinion

2 May - Macedonia: Amendments to corporate income tax

2 May - Poland: Verification of VAT returns submitted using software tool

April 2017

28 Apr - Luxembourg: Patent box regime announced for 2018

27 Apr - Italy: New VAT measures introduced

27 Apr - Germany: Intra-Community chain/triangle transactions

26 Apr - EU: Update on direct tax developments having both domestic and cross-border implications

24 Apr - UK: Corporate interest restriction; debt cap when applying the fixed ratio method

24 Apr - UK: Effect of "snap election" on Finance Bill 2017

24 Apr - UK: New register and reporting of "beneficial ownership" of trusts

24 Apr - UK: Valuation when company owns a UK residential dwelling

21 Apr - Italy: Amendments to “white list” of countries, favorable tax treatment for foreign investors

20 Apr - Romania: VAT refund procedures for "high-risk" taxpayers

19 Apr - Serbia: VAT refund to non-resident taxpayers on goods and services

19 Apr - UK: Tax reform for non-UK domiciled individuals effective 6 April 2017

18 Apr - Luxembourg: New residency permits legislation, high net-worth individual investors

13 Apr - Czech Republic: Discussion paper on anti-tax avoidance rules

13 Apr - Czech Republic: Penalties for VAT ledger statements; other VAT developments

13 Apr - Slovakia: Income tax treaties signed with Malaysia, Armenia, and UAE

12 Apr - Bulgaria: Amendments to regulations for applying VAT Act

11 Apr - Luxembourg: VAT exemption for services to group members, CJEU Advocate General’s opinion

11 Apr - Sweden: Proposed tax changes, real property transactions

10 Apr - Switzerland: Update on tax rates, tax environment

10 Apr - UK: Amendments to hybrid mismatch rules draft guidance

10 Apr - UK: Benefits received by self-employed subject to income tax charge

10 Apr - UK: Corporate interest regime, draft guidance and regulations

10 Apr - UK: Overpaid stamp duty reserve tax can be recovered, holds High Court

10 Apr - UK: Possible future of VAT cost-sharing exemption

7 Apr - France: VAT recovery by branches of foreign companies, referral to CJEU

7 Apr - Germany: VAT exemption for cost-sharing groups; CJEU Advocate General opinion

6 Apr - Germany: Retroactive effect of invoice correction; update of VAT rulings

6 Apr - Bulgaria: Changes to social security legislation

6 Apr - OECD: Report on role of tax systems

3 Apr - EU: Trade agreement instructions, exports to Canada

3 Apr - Germany: Deduction of refinancing costs as business expenses

3 Apr - Netherlands: “Ultimate beneficial owners” register, public consultation

3 Apr - UK: Application of hybrid rules to the release of loan owed to a non-UK group company

3 Apr - UK: Finance Bill 2017, tax changes for non-UK domiciled individuals

3 Apr - UK: HMRC brief concerning VAT “bad debt relief” rules

3 Apr - UK: HMRC examining evidence on taxation of employee expenses

3 Apr - UK: OTS paper summarises previous reports on tax complexity

March 2017

31 Mar - EU: Status of proposed update to dual-use regulation

31 Mar - Sweden: Proposal for taxation of gambling activities

29 Mar - UK: "Brexit" triggered with signing of Article 50

29 Mar - Cyprus: Tax treaties with Iran, Jersey enter into force

29 Mar - Czech Republic: Amendment significantly expands reporting duties to tax authority

29 Mar - Czech Republic: Reporting of sales amounts received from carriers

29 Mar - Czech Republic: VAT on re-sale of telecommunication services

29 Mar - Denmark: Tax incentives, investments for North Sea hydrocarbons

27 Mar - Poland: VAT settlements, new penalties

27 Mar - Serbia: VAT “rulebooks” on place of supplies, exemption from VAT

26 Mar - Italy: Court decisions on royalties taxation, reduced withholding tax rate

25 Mar - Italy: Non-resident holding company, “beneficial owner” of dividends from Italian subsidiary

24 Mar - UK: Payments to hybrid entities located in “tax havens”

24 Mar - UK: Pension advice allowance, foreign pension schemes in Finance Bill 2017

24 Mar - UK: Tax provisions in Finance Bill 2017

24 Mar - UK: VAT when providing “non-employed” temporary workers

23 Mar - UK: Amendments to hybrid mismatch rules

23 Mar - UK: Patent box implications under cost sharing arrangement for R&D purposes

23 Mar - UK: Changes to taxation of termination payments effective April 2018

23 Mar - UK: New corporate interest restriction regime

23 Mar - UK: Residential property owned through non-UK structures subject to inheritance tax

21 Mar - EU: CJEU judgment on amortization of goodwill for shareholdings in foreign companies (Spain, Ireland, Denmark, Portugal, Netherlands, UK, France, Germany, Belgium)

21 Mar - UK: Finance Bill 2017 published

17 Mar - UK: New charge on certain transfers to overseas pension schemes

17 Mar - UK: Effects of hybrid rules on private equity funding

17 Mar - UK: Finance Bill 2017 to be published on 20 March 2017

17 Mar - UK: New IR35 rules for public sector organisations

17 Mar - UK: New rules on finance cost relief for residential landlords

17 Mar - UK: Decision to raise National Insurance contributions for self-employed reversed

17 Mar - Italy: Overview of tax system

17 Mar - Italy: Transfers of shares of Italian subsidiaries to headquarters, effects on consolidated group

15 Mar - Italy: VAT electronic submission election due 31 March 2017

14 Mar - Serbia: VAT registration, foreign suppliers of electronically supplied services

13 Mar - Norway: New statute of limitations, withholding tax refund claims

13 Mar - UK: Appeal to Supreme Court; test case in “CFC & Dividend GLO”

13 Mar - UK: Draft amendment to EU Directive; contrast to UK’s hybrid mismatches legislation

13 Mar - UK: Effects of hybrid rules on trading companies that are tax residents in two jurisdictions

10 Mar - France: Anti-abuse rules applied in context of EU Merger Directive (CJEU judgment)

9 Mar - Belgium: Dividend withholding tax exemption, Dutch UCITS under Parent-Subsidiary Directive (CJEU judgment)

9 Mar - Ireland: Preparing for audits of R&D tax credits

9 Mar - Italy: Accounts of foreign permanent establishment, currency exchange rate conversions

8 Mar - UK: Spring budget 2017

8 Mar - UK: Overview of business taxation (spring budget 2017)

8 Mar - UK: Overview of employer tax items (spring budget 2017)

8 Mar - UK: Overview of key tax issues for multinationals (spring budget 2017)

8 Mar - UK: Overview of tax for individuals (spring budget 2017)

8 Mar - UK: Tax treatment of leased plant and machinery (spring budget 2017)

8 Mar - UK: Tax deductibility of corporate interest expense (spring budget 2017)

8 Mar - UK: VAT provisions for business-to-consumer mobile phone services (spring budget 2017)

8 Mar - Channel Islands: Tax measures concerning financial services sector (UK spring budget 2017)

7 Mar - EU: Free trade agreement with Canada, update

7 Mar - Poland: VAT rate for digital books, newspapers, periodicals (CJEU judgment)

6 Mar - Sweden: Foreign pension funds, refund claims of withholding tax

6 Mar - UK: Unexpected consequences of new hybrid rules for U.S. investors with UK “check the box” entities

6 Mar - UK: Expectations for tax measures in spring budget, set for 8 March

6 Mar - UK: Salary sacrifice rules; tax proposals for benefits provided under Optional Remuneration Arrangement (OPRA)

6 Mar - UK: Scottish individuals subject to higher rate of income tax than other UK taxpayers, from 6 April 2017

3 Mar - EU: VAT exemption for cost-sharing groups, financial and insurance markets

3 Mar - Netherlands: Dividend withholding tax, refunds claimed by EU investment funds

2 Mar - Cyprus: Interest yields, tax allowances on new capital for 2017

2 Mar - Estonia: Individual tax returns due 31 March; revisions to packaging excise tax

1 Mar - Belgium: Stock exchange tax on foreign transactions, extended to 30 June 2017

1 Mar - Germany: “Restructuring decree” rejected by court; tax benefits uncertain

February 2017

28 Feb - Luxembourg: Implications of German investment tax reform on fund industry in Luxembourg 

27 Feb - Sweden: Proposed tax on financial activity is withdrawn

27 Feb - Netherlands: CJEU judgment, EU Treaty “standstill clause” and extended period for authorities to assess tax on foreign income

27 Feb - Netherlands: CJEU judgment, individual taxpayer's deduction of "negative income" when two EU countries involved

27 Feb - UK: Hybrid and other mismatch rules; example of application to UK purchases

27 Feb - UK: Transfer of loan relationship assets to Jersey subsidiary, in exchange for shares

27 Feb - UK: VAT on cinema admissions; CJEU judgment on cultural exemption

27 Feb - UK: Mitigating VAT costs in relation to corporate acquisitions

23 Feb - EU: R&D tax incentives guide; country-specific information for EMEA region

22 Feb - EU: Directive on hybrid mismatches with third countries

22 Feb - Germany: Court concludes, invoices can be corrected with retroactive effect

22 Feb - Germany: Withholding tax refund claims, Luxembourg SICAV

22 Feb - Romania: Capital gains tax returns, foreign investment entities

20 Feb - Czech Republic: Financial aid under “low carbon” program 

20 Feb - Czech Republic: VAT revisions included in legislation

20 Feb - EU: Proposals to simplify, modernise VAT rules on e-commerce

20 Feb - UK: Exchange losses following change in functional currency

20 Feb - UK: Pensions advice allowance (financial advice)

20 Feb - UK: Upper Tribunal decision on “unallowable purposes rule”

20 Feb - UK: VAT treatment of business promotion involving gift vouchers

17 Feb - Czech Republic: Binding rulings, allocation of profits to permanent establishments

17 Feb - Czech Republic: Income tax changes included in pending legislation

17 Feb - UK: Exchange of information rules, HMRC guidance

17 Feb - UK: New hybrid rules in the context of election to disregard a UK subsidiary for U.S. tax purposes

17 Feb - UK: Scrutiny of HMRC’s estimate, cost to business for “Making Tax Digital” 

16 Feb - EU: Consultation on disincentives for advisors and intermediaries,
potentially aggressive tax planning schemes

16 Feb - Netherlands: New decree on insurance premium tax

16 Feb - Spain: Tax-exemption for church-run schools and state aid rules; CJEU Advocate General opinion

14 Feb - UK: Arbitration agreement with Canada enters into force

14 Feb - Cyprus: Reduced VAT rate of 5%, residential dwellings

13 Feb - Luxembourg: New company law; legal requirements affecting company management

13 Feb - Switzerland: Voters reject corporate tax reform 

10 Feb - UK: Changes to social investment tax relief; amounts raised from individual investors, excluded activities

10 Feb - UK: New hybrid and other mismatch rules; when are they relevant?

10 Feb - UK: Preparing for new corporate offence, failing to prevent tax evasion

8 Feb - UK: What 2017 holds for Brexit—a run-through of critical timelines and processes

7 Feb - Hungary: Implications of VAT on loans, installation services

6 Feb - Lithuania: Update on business, corporate income tax; VAT and customs

3 Feb - Belgium: Parliament approves deduction for innovation income; replaces patent income deduction

3 Feb - UK: Effects of draft German bill on deductibility of royalty payments in Germany, paid to companies benefitting from IP regimes

3 Feb - UK: HMRC guidance on “negative earnings” 

3 Feb - UK: “Making Tax Digital” program to be effective 6 April 2018

2 Feb - Netherlands: Central register of shareholders proposed; access by tax authorities

2 Feb - Romania: VAT registration changes

1 Feb - Germany: Draft bill countering harmful tax practices in licensing of rights

1 Feb - Sweden: Tax treatment, “invoicing” director’s fees by private limited company

1 Feb - Switzerland: Referendum vote on corporate tax reform, 12 February 2017

January 2017

30 Jan - Ireland: Update to PAYE obligations for foreign employees of non-Irish employers working in Ireland

30 Jan - Serbia: Individual income tax returns due 15 May

27 Jan - Netherlands: Residence permits and exception for Japanese citizens

27 Jan - UK: Draft legislation on reform of corporation tax loss relief rules

27 Jan - UK:  Updates on “Brexit” for customs and tax

26 Jan - Bulgaria: New labor measures for assigning employees, “provision of services”

26 Jan - Hungary: VAT deductions, holding company actively involved in its participations (CJEU judgment)

26 Jan - Serbia: Changes to the customs law

25 Jan - Czech Republic: International tax information exchange extended

24 Jan - Italy: Recoverable overhead VAT calculation, CJEU judgment

24 Jan - Latvia: Tax card for 2017

23 Jan - Poland: R&D “super deduction” on corporate tax return for 2016

23 Jan - Switzerland: Value added tax (VAT) reform legislation

20 Jan - France: Withholding tax exemption on dividends distributed from resident subsidiary to non-resident parent

20 Jan - UK: Assessing positive, negative aspects of prime minister’s plans for Brexit

20 Jan - UK: Insurance companies, ending of a transitional clause applying to U.S. source “fixed determinable periodic payments”

20 Jan - UK: HMRC changes to pension tax rules for foreign plans; affecting transfers from UK registered pension schemes

19 Jan - Italy: New VAT measures

19 Jan - Serbia: Guidance on preparation of 2016 tax return

19 Jan - Sweden: Tax on chemicals within certain electronic products

17 Jan - Romania: VAT registration form is withdrawn

16 Jan - France: “Desk” tax audits available under new law

16 Jan - Hungary: Accounting changes, covering derivative transactions

13 Jan - Ireland: Employee share participations in 2016, information returns due by 31 March 2017

13 Jan - UK: Land transaction tax to replace stamp duty land tax in Wales

13 Jan - UK: HMRC increased investment in counter-avoidance and litigation activity

12 Jan - France: VAT measures enacted in finance laws

12 Jan - Serbia: Tax procedure and administration provisions effective in 2017

12 Jan - Serbia: VAT law amendments; excise tax on coffee, tobacco

11 Jan - Italy: Favorable tax regime for non-domiciled residents, to encourage investments

10 Jan - Cyprus: Tax incentives and benefits for innovation, R&D

6 Jan - UK: Tax treatment of adjustments; change of accounting practice on loan relationships and derivative contracts

5 Jan - France: Tax measures in Finance laws are finalized, enacted

4 Jan - Austria: Claw-back, foreign tax losses when tax group is dissolved

4 Jan - Bulgaria: Individual income tax law changes; financial audit update

4 Jan - Serbia: Employees of subsidiary, who purchase foreign parent company’s shares

3 Jan - Belgium: Legislation implementing tax provisions in budget 2017 is published

3 Jan - EU: New GSP system for registered exporters, certifying origin of goods

3 Jan - Turkey: Guidance clarifying “asset amnesty” procedures

2016 Articles

December 2016

22 Dec - Denmark: Tax exemption for interest income, interaction with thin capitalization rules

22 Dec - Ireland: Air travel tax, CJEU judgment

22 Dec - Poland: VAT legislation is signed

22 Dec - Portugal: Exit tax not compatible with EU law, CJEU judgment

21 Dec - Luxembourg: Update on 2017 tax reform legislation

21 Dec - Netherlands: Year-end VAT considerations, VAT adjustments

21 Dec - Spain: Goodwill amortization rules challenged; foreign vs. domestic company acquisitions

20 Dec - Bulgaria: Corporate income tax, VAT changes

20 Dec - Czech Republic: Employment-related tax issues; R&D tax treatment

20 Dec - Germany: No VAT on prize money; other VAT developments

20 Dec - Romania: VAT rate reduction scheduled for 2017

20 Dec - Spain: New VAT electronic reporting system, effective 1 July 2017

19 Dec - Netherlands: Annual adjustment of salary, highly skilled migrants (2017)

19 Dec - Netherlands: Clarifications, proposed withholding tax on holding cooperative’s profit distributions

16 Dec - UK: Guidance on hybrid mismatch rules, effective 1 January 2017

16 Dec - UK: Official response to bilateral tax treaty changes proposed by the BEPS Multilateral Instrument

16 Dec - UK: Scottish draft budget 2017-18

16 Dec - UK: Venture capital trust regulations, increased reporting requirements

14 Dec - Russia: VAT rules for e-services

13 Dec - France: Country-by-country public financial reporting held unconstitutional

12 Dec - Italy: Depreciation regime, R&D among approved tax measures

12 Dec - Netherlands: Pension fund management is not VAT-exempt

12 Dec - Spain: Tax proposals of the new government

9 Dec - Belgium: Anti-hybrid rule in Parent-Subsidiary directive; exit tax installment payments

9 Dec - Moldova: Tax provisions in 2017 budget

9 Dec - Poland: Excise tax, passenger cars

9 Dec - UK: Draft Finance Bill 2017 clauses published; key tax issues identified

9 Dec - UK: New consultation on the future of VAT grouping

8 Dec - France: Decree limiting judicial review does not affect tax claims

7 Dec - Greece: New law for establishing companies, formation of partnerships

7 Dec - Northern Ireland: R&D tax relief

6 Dec - EU: Update on C(C)CTB, beneficial ownership, hybrid mismatches, financial transaction tax

6 Dec - Poland: New tax rules for investment funds, effective 2017

6 Dec - EU: Agreement not yet reached, hybrid mismatches with third
countries

5 Dec - Belgium: Government approves deduction for innovation income

2 Dec - Belgium: New R&D incentive regime

2 Dec - France: Decree limiting judicial appeals may affect tax claims; action possibly needed by 31 December 2016

2 Dec - Poland: Excise tax provisions added to business tax simplification

2 Dec - UK: Appeal of UK’s tax treatment of inbound EU-sourced dividends received from group subsidiaries

2 Dec - UK: Draft clauses for Finance Bill 2017 scheduled for 5 December 2016

2 Dec - UK: Input VAT recovery, VAT on the professional fees of management buyout

1 Dec - EU: VAT for cross-border e-commerce; digital single market proposal

1 Dec - Germany: Update on CCCTB, CbC reporting, court cases

1 Dec - Netherlands: Changes to fiscal unity rules for corporate income tax

1 Dec - Netherlands: VAT exemption for management of (real estate) investment funds

November 2016

30 Nov - Austria: Draft tax legislation, guidance on profits and losses

30 Nov - Czech Republic: Possible plan for proposed tax legislation

30 Nov - OECD: Review of tax revenues collected in advanced economies

29 Nov - Germany: Intra-community supply of goods, recording of foreign VAT ID numbers

29 Nov - Italy: Quarterly filings of VAT “communications” under new law

28 Nov - Greece: Taxes related to doing business in Greece

28 Nov - Luxembourg: New residency permits proposed, high net-worth individual investors

28 Nov - Netherlands: One-year extension, effective date of employment relationship legislation

28 Nov - Poland: Changes to legislation amending VAT law

25 Nov - Finland: Court decision, income on mobile games received from China as royalties

23 Nov - UK: Review of tax measures, Autumn Statement 2016

23 Nov - UK: Tax provisions for multinational entities, Autumn Statement 2016

23 Nov - UK: Tax provisions in Autumn Statement 2016, "on a page"

22 Nov - France: Draft rectified finance law for 2016 includes modified 3% tax on dividend distributions

22 Nov - France: Implications of pending CJEU case on Belgian “fairness tax” on French 3% tax on dividend distributions

22 Nov - Netherlands: Implementation of permit rules, intra-corporate transfers of personnel

22 Nov - OECD: Update on “tax inspectors without borders”

18 Nov - Belgium: CJEU Advocate General finds “fairness tax” violates EU directive

18 Nov - Belgium: Draft legislation for implementing tax changes included Budget 2017

18 Nov - Belgium: Guidance on filing, paying new annual tax on credit institutions

18 Nov - Belgium: New real estate investment vehicle (FIIS/GVBF)

18 Nov - Italy: VAT grouping rules, proposed effective date 2018

18 Nov - Netherlands: Certain sunscreen, toothpaste are eligible for reduced VAT rate

18 Nov - Poland: Implications of EU-Canada free trade agreement for Polish producers

18 Nov - UK: Autumn Statement predictions, possible tax announcements on 23 November

18 Nov - UK: Draft regulations, employers hiring “illegal worker” excluded from claiming employment allowance

18 Nov - UK: Indirect tax planning, post-Brexit

18 Nov - UK: Revised HMRC manuals on VAT treatment associated with returned goods

14 Nov - France: Dividend distributions tax, tax legislative update; diverted profits tax

14 Nov - Netherlands: Social security treaty with China, benefits for companies

11 Nov - EU: Initiatives on tax transparency, aggressive tax planning, corporate tax environment at ECOFIN meeting

11 Nov - Ireland: Finance Act 2016, committee stage amendments

11 Nov - UK: Consolidated, expanded version of HMRC guidance on taxation for banks

11 Nov - UK: Treatment of VAT incurred on assets used prior to VAT registration

10 Nov - Hungary: Tax legislative proposals for 2017

10 Nov - Slovakia: VAT rules for vouchers; register of “beneficial owners” is replaced

9 Nov - Belgium: Reporting requirements, payments made into “tax haven” jurisdictions

9 Nov - Luxembourg: Protocol amending income tax treaty with Russia

9 Nov - Poland: Required information reporting for VAT, revenue and expense ledger

9 Nov Russia: Tax provisions in “de-offshorization law” and investment structuring

8 Nov - Netherlands: Entry, residence of non-EU nationals transferred within a company

8 Nov - Sweden: Proposal for financial activity tax

8 Nov - Switzerland: Regulatory tax projects affecting insurance industry

7 Nov - Bulgaria: Taxation of services provided to Bulgarian financial institutions by foreign card companies

7 Nov - Poland: Corporate tax law changes effective beginning 2017

7 Nov - Sweden: Annual recurring activities deemed a permanent establishment

4 Nov - Malta: Update on network of income tax treaties

4 Nov - UK: “Autumn Statement” on 23 November, expected tax and policy developments

4 Nov - UK: Comments requested, simplification of corporation tax computation

4 Nov - UK: No “Brexit” without Parliamentary approval, holds High Court

3 Nov - Ireland: Directors’ compliance statement requirements, tax aspects

3 Nov - Italy: VAT compliance, reporting elections due 31 December

3 Nov - Poland: Proposed changes to taxation of investment funds

2 Nov - Spain: Elections for special VAT refund regime in 2017, due November 2016

1 Nov - Germany: Court cases concerning withholding tax challenges, repayment of contributions, current expenses

1 Nov - Germany: VAT input tax apportionment; division of rented property; complete invoice address

1 Nov - Spain: Corporate income tax “prepayment” rules under new law

1 Nov - Sweden: Tax agency’s report proposes companies establish a tax policy

October 2016

31 Oct - Belgium: Expanded employment hours; “night work” and e-commerce

31 Oct - Belgium: VAT guidance; determining where to collect VAT on “distance selling” transactions

31 Oct - EU: Financial transaction tax; is an agreement still possible in 2016? 

31 Oct - Netherlands: Issues concerning Dutch “ultimate beneficial owner” registry

31 Oct - Serbia: VAT changes; effective date delayed to 2018

28 Oct - EU: Combined nomenclature, 2017 version

28 Oct - UK: Court decision on historic “bad debt relief” rules

28 Oct - UK: Inheritance tax on UK residential property effective April 2017; “non doms” to be affected

27 Oct - EU: KPMG’s guide to Common Consolidated Corporate Tax Base (CCCTB)

27 Oct - Italy: New guidelines for amending returns, resolving tax liabilities

27 Oct - Italy: VAT reporting on quarterly basis beginning in 2017

26 Oct - Malta: Changes to companies law, effective 2016

25 Oct - EU: Re-proposed Common Consolidated Corporate Tax Base; new hybrid mismatch measures

25 Oct - Belgium: Withholding tax exemption extended, dividends paid to Swiss companies

25 Oct - Central and eastern Europe: Guide to taxes on real estate

25 Oct - Finland: Delaware trust exempt from Finnish dividend withholding tax; refund opportunities

25 Oct - Poland: Proposed tax regime for real estate market entities (SRWNs)

25 Oct - Switzerland: Effects of UK anti-hybrid rules on Swiss structures

21 Oct - Cyprus: Amendments to intellectual property tax regime, implementing BEPS recommendations

21 Oct - UK: HMRC estimate of the UK “tax gap” for 2014-15 is 6.5%

21 Oct - UK: Interim regime for securitisation companies extended to periods of account ending 2037

21 Oct - UK: Tax implications of “Brexit” (update)

20 Oct - Netherlands: Update of tax developments concerning the financial services sector

20 Oct - Switzerland: Corporate tax reform package, Canton of Vaud

20 Oct - Ireland: Finance bill released 20 October, tax measures included

18 Oct - Malta: Budget 2017; economic indicators and tax and other measures announced

18 Oct - EU: Customs business process models

17 Oct - Belgium: Budget 2017, agreement on tax measures reached

17 Oct - Czech Republic: Proposed VAT amendments; VAT examinations

17 Oct - EU: Details of on-site inspections, expectations of European Central Bank (ECB)

17 Oct - EU: Tax developments, CJEU judgments with domestic and cross-border implications 

14 Oct - Luxembourg: Budget 2017 bill presented to parliament, includes tax provisions

14 Oct - UK: Statutory interest paid to creditors in insolvency proceedings not “yearly interest” 

13 Oct - Belgium: New income tax treaty signed with Japan

13 Oct - Serbia: Guidance on VAT records, calculations

11 Oct - Ireland: Budget 2017, commentary and analysis of tax proposals

11 Oct - Norway: Reduced corporate tax rate, financial activity tax proposals in 2017 budget plan

10 Oct - EU: Dual-use regulation; export control for cyber-surveillance technology

10 Oct - Finland: German special investment fund, exempt from Finnish dividend withholding tax

10 Oct - Spain: Changes to corporate income tax “prepayments” beginning October 2016

7 Oct - Luxembourg: VAT exemption for group members, CJEU Advocate General’s opinion

7 Oct - UK: Accounting changes, implications for taxation of corporate debt and derivative contracts

7 Oct - UK: Brexit update; UK’s exit from the EU

7 Oct - UK: CFC and dividend GLO litigation

6 Oct - Belgium: Draft law on implementing anti-hybrid rule, exit tax payment

6 Oct - Ireland: Budget 2017 set for 11 October

5 Oct - Bulgaria: Tax on benefits in-kind, VAT and personal use of company assets

5 Oct - Poland: VAT measures in draft legislative amendment

3 Oct - France: Exemption from 3% tax unconstitutional; French group dividend distributions

3 Oct - Switzerland: VAT provisions approved, effective beginning 2018

September 2016

30 Sep - Denmark: Spare parts, end-of-life vehicles, VAT treatment

30 Sep - France: Release of draft Finance Bill for 2017

30 Sep - Germany: Bundesrat opinion on tax rules; loss utilization, treaty-override developments

30 Sep - Germany: New income tax treaty with Japan, entry into force

30 Sep - Germany: Retroactive effect of invoice correction regarding VAT deduction

30 Sep - Luxembourg: Treatment of directors’ fees, management services are subject to VAT

30 Sep - UK: HMRC draft guidance on corporation tax rate in Northern Ireland

29 Sep - Austria: Tax treatment of interest on group transactions; real estate transfer tax changes

29 Sep - Latvia: Pending tax changes

28 Sep - Cyprus: Legal entities to submit VAT returns electronically

28 Sep - Ireland: New requirement for annual directors’ compliance statement; impact on UCITS regulated funds

28 Sep - Romania: Salary from conducting R&D activities is exempt from individual income tax

28 Sep - Slovakia: Tax law amendments, proposals to be presented to Parliament

28 Sep - Sweden: Tax proposals in budget bill for 2017 

28 Sep - Switzerland: Changes affecting non-life insurance sector include taxation

26 Sep - OECD: Report on “effective carbon rates” and taxes 

23 Sep - Germany: VAT deduction when initial invoice is incomplete, but later corrected

23 Sep - Greece: Draft law, simplified procedures for establishing partnerships, companies

23 Sep - Portugal: Insufficient description on invoice, VAT recovery not barred

23 Sep - UK: HMRC’s report and findings on resolving tax disputes, 2015-2016

22 Sep - Finland: Australian public entity exempted from Finnish dividend withholding tax

22 Sep - Netherlands: Payroll tax, social security contribution

22 Sep - Netherlands: Work-related costs rules, standard practice criterion

21 Sep - Bulgaria: New income tax treaty with Romania

21 Sep - Netherlands: Tax measures for 2017 presented on “Budget Day”

21 Sep - Switzerland: Interest imposed on late notification of dividends, withholding tax 

20 Sep - Luxembourg: Descriptions of various investment vehicles, legal and tax requirements

20 Sep - Netherlands: Proposed changes to Dutch dividend withholding
tax regarding cooperatives

20 Sep - Norway: New VAT return, beginning 1 January 2017

19 Sep - Luxembourg: EC state aid investigation, tax treatment of French utility

19 Sep - Poland: EC opens state aid investigation, retail sector taxation

19 Sep - Russia: VAT on the supply of e-services, effective 2017

16 Sep - Czech Republic: VAT guidance, customs reporting

16 Sep - Ireland: Financial statement reporting; payments to governments by extractive sectors

16 Sep - Switzerland: Implications of UK taxation, non-dom individuals with Swiss holdings

16 Sep - UK: Consultation on the introduction of pensions advice allowance

16 Sep - UK: Resident non-UK domiciled individuals; non-UK residents holding UK residential property

15 Sep - Belgium: Notional interest deduction rate for 2018

15 Sep - EU: Developing first common list of non-cooperative tax jurisdictions

15 Sep - Luxembourg: Deducting input VAT incurred by permanent establishment, head office

14 Sep - Switzerland: Court grants Dutch government’s “group request” for bank’s customers

14 Sep - Germany: Opportunities, advantages under new income tax treaty with Japan

14 Sep - Poland: Support for R&D, new funding

9 Sep - Ireland: New tax rules for “Section 110 companies” holding debt, deriving value from Irish real estate

9 Sep - UK: Finance Bill 2016 update, Autumn Statement scheduled for 23 November 

9 Sep - UK: “Making tax digital” tax accounts and taxpayer online portal

9 Sep - UK: Use of third-party information, ease compliance for taxpayers

9 Sep - UK: VAT recovery on pension fund costs extended until 31 December 2017

8 Sep - Poland: R&D support, automotive companies developing products and technologies

8 Sep - Poland: VAT rate on books, newspapers, periodicals (digital vs. print)

7 Sep - Netherlands: VAT exemption, management of real estate investment funds

7 Sep - Poland: Reporting with respect to seconded workers, due 18 September

6 Sep - EU: “VAT gap” reflects lost revenue, almost €160 billion in 2014

2 Sep - Hungary: Social security totalization agreement with United States enters into force

2 Sep - UK: Consultation, levy on soft drinks with added sugar

2 Sep - UK: Consultation on proposed expansion of “disguised remuneration” legislation

2 Sep - UK: Consultation on the taxation of termination payments

1 Sep - UK: Consultation on taxation of non-domiciled individuals and inheritance tax 

August 2016

31 Aug - France: Reduced corporate tax rate for SMEs; increased tax credit

31 Aug - Germany: Treatment of “negative goodwill,” shareholding percentages, currency losses

30 Aug - Bulgaria: State aid to reduce costs for green energy of large industrial consumers

30 Aug - Greece: New unit of Finance Ministry, to design and implement tax policy

26 Aug - EU: Extended trade sanctions against Russia; “Brexit” and export controls

26 Aug - Hungary: Reporting, administrative requirements relating to foreign individuals working in Hungary

25 Aug - Norway: New requirements, accounting records of corporate taxpayers

25 Aug - Turkey: Amnesty program applies for customs duties

19 Aug - Turkey: Tax amnesty, repatriation and tax account adjustment provisions

19 Aug - UK: Consultations under plan for tax digital programme

19 Aug - UK: Government’s proposals to address tax avoidance through sanctions, deterrents

19 Aug - UK: Proposal to change tax treatment of leased plant and machinery

18 Aug - Czech Republic: VAT changes enacted, reverse-charge mechanism available

18 Aug - EU: Summaries of tax developments, CJEU cases with domestic or cross-border implications

17 Aug - Israel: Tax provisions in proposed budget plan for 2017-2018

17 Aug - Luxembourg: Tax reform, family allowances

15 Aug - Greece: Individual income tax payments; annual tax certificates issued entities

15 Aug - Russia: Limits on fees paid to food retailers 

12 Aug - UK: Consultations on partnership taxation, lease accounting, investor capital allowances, benefits-in-kind

10 Aug - Malta: New framework for notification of alternative investment funds (AIFs)

8 Aug - EU: Country-by-country reporting—an EU perspective

8 Aug - Ireland: Requirements for claiming R&D tax credit 

8 Aug - Poland: FAQs on VAT and “standard audit file” procedures

5 Aug - Luxembourg: Draft law for country-by-country reporting submitted to Parliament

5 Aug - Netherlands: Foreign investment fund’s claim, refund of Dutch withholding tax

5 Aug - UK: Questionnaire, how to deal with "Brexit" changes

5 Aug - UK: Treatment of intra-group assignments of the right to receive interest, court decision

4 Aug - EU: Public consultation, common consolidated corporate tax base (CCCTB)

3 Aug - Spain: Amortization of goodwill allowed on foreign shareholding acquisitions, selective “state aid” for Spanish tax residents

2 Aug - Germany: Profit participation certificates; binding ruling fees; expense allocation

2 Aug - Spain: VAT refund claims due 30 September

1 Aug - Belgium: EC approves alternative income tax regime, Belgian wholesale diamond sector

July 2016

29 Jul - Luxembourg: Tax reform for 2017, bill submitted to parliament

29 Jul - EU: Considering possible ECB reaction to Brexit

29 Jul - UK: Brexit financial reporting implications 

29 Jul - UK: Corporate tax reform initiatives, review of domestic and international proposals

29 Jul - UK: HMRC online process, protection for individuals from reduced lifetime allowance of £1 million

29 Jul - UK: Hybrid and other mismatch rules, Finance Bill 2016

29 Jul - UK: Industrial building allowances; commercial development and concepts in capital allowances legislation

27 Jul - EU: Country rules, VAT rates for mini one-stop shop (MOSS)

27 Jul - Macedonia: Tax card for 2016

27 Jul - UK: “Brexit” implications for pension plans; considerations for employers, trustees, plan participants

26 Jul - Latvia: Changes to income tax returns (individuals) reflect tax law amendments

26 Jul - Switzerland: “Brexit” considerations for Swiss companies doing business in the UK

26 Jul - Switzerland: “Brexit” implications for UK nationals; lump-sum taxation, permits, residences

22 Jul - Romania: Revisions to VAT reporting requirements on Form 088

22 Jul - UK: Update on “Brexit” implications for business

22 Jul - UK: Upper Tribunal decision, corporate tax loss streaming

22 Jul - UK: Withdrawal of disguised remuneration relief, hybrid mismatches, dividend tax credit provisions in Finance Bill

21 Jul - Czech Republic: VAT when delivery is temporarily suspended; post-merger depreciation

21 Jul - Poland: Retail sales tax; effective September 2016

20 Jul - Austria: Workers entitled to allowance for unused annual leave, concludes CJEU

20 Jul - Belgium: Patent box regime revised; new deduction for innovation income

20 Jul - Netherlands: VAT, energy tax refunds in instances of “bad debts”

18 Jul - Belgium: New bank tax is passed by parliament

18 Jul - EU: Expanded customs security, clearance pilot program with China

18 Jul - Netherlands: Work permits for Japanese citizens, postponed until January 2017

18 Jul - Sweden: Tax policy of large companies

15 Jul - Belgium: Refund opportunities; withholding tax on dividends from Belgian regulated real estate companies 

15 Jul - Belgium: VAT authorities accept “destination document” as alternative proof of intracommunity transport

15 Jul - Netherlands: VAT deduction by pension fund, costs recharged to company

15 Jul - UK: Finance Bill update; Committee Stage is complete, date for Report Stage set for September 2016

15 Jul - UK: Indirect tax, VAT and customs duty, “Brexit” implications

15 Jul - UK: Taxation of leased assets, HMRC consultation 

14 Jul - Belgium: Expanded reporting requirements, payments made to tax havens

14 Jul - Portugal: Withholding tax on interest payments, CJEU judgment

13 Jul - Italy: “Fast-track” advance tax ruling process

13 Jul - Norway: Air passenger tax and retroactive application

12 Jul - France: Tax incentives intended to attract new investments, business relocation

11 Jul - Luxembourg: United States removed from list of “participating jurisdictions” for CRS purposes 

11 Jul - Netherlands: Fiscal unity and foreign exchange losses, deductible interest limits

11 Jul - Spain: Potential Spanish tax consequences of “Brexit”

8 Jul - EU: Customs, supply chain considerations of “Brexit” 

8 Jul - EU: Recommendations to address corporate tax evasion and aggressive tax planning passed by EU Parliament

8 Jul - Switzerland: Effect of AEoI on wealth management structures, involved stakeholders 

8 Jul - Switzerland: Foreign tax authorities seeking to obtain banking client data with “group requests”

8 Jul - UK: Amendments to “patent box” legislation, included previously in Finance Bill 2016

8 Jul - UK: Issues surrounding UK as holding company jurisdiction, post-Brexit

8 Jul - UK: Offshore developers of UK land to pay same tax on profits as UK developers

8 Jul - UK: Plans announced to reduce corporation tax rate to 15%

7 Jul - Gibraltar: Tax measures included in 2016 budget

7 Jul - France: Court questions validity of 3% tax on dividends

6 Jul - EU: Proposal for “ultimate beneficial owner” registers, tax transparency, anti-avoidance and anti-evasion measures

6 Jul - Ireland: Air travel tax, opinion of CJEU Advocate General

5 Jul - Luxembourg: Reduced tax rate is effective 1 July 2016; gains realized by individuals on disposal of certain real estate

1 Jul - Belgium: Tax treatment of dividends under treaty provisions, CJEU judgment

1 Jul - Belgium: Tax "shift" decree published; employer’s social security contributions for category 1 employees

1 Jul - Germany: Draft tax legislation includes BEPS, other items

1 Jul - Switzerland: Zurich proposes reduced cantonal corporate tax rate, from 21.1% to 18.2%

1 Jul - UK: Uncertainty around "Brexit" and tax agenda for businesses and individuals

1 Jul - UK: Budget measures on royalty withholding tax rules come into effect

1 Jul - UK: Update on stamp duty; VAT on transfer of a going concern

June 2016

30 Jun - Netherlands: Employment conditions, rules for seconded employees

29 Jun - UK: Webcast discussion about EU referendum

28 Jun - EU: Customs duties eliminated for certain electronic products

28 Jun - Finland: Withholding tax refund claims of non-residents

28 Jun - Italy: Tax incentive for certain immigrant workers

28 Jun - Italy: Updated “black list” of countries, financial transaction tax

28 Jun - Turkey: Tax incentives proposed for investments, regional headquarters

27 Jun - EU: Trade and customs, VAT implications of “Brexit”

27 Jun - Luxembourg: Protocol to income tax treaty with United States

26 Jun - UK: Managing “Brexit” risk and opportunities

26 Jun - Bulgaria: Changes to “preferential tax regime” registration rules

24 Jun - Ireland: Potential implications of “Brexit” on Ireland-UK trade

24 Jun - EU: Possible tax consequences of UK referendum 

24 Jun - France: Potential French tax consequences of “Brexit”

24 Jun - Netherlands: Implications of “Brexit” for Dutch taxpayers

24 Jun - Netherlands: Work permits to be required for Japanese nationals

24 Jun - UK: EU referendum; what’s next following UK vote to leave the EU?

22 Jun - Poland: Funding for R&D projects in 2016

21 Jun - EU: Agreement on directive reached, new tax avoidance rules

20 Jun - Czech Republic: Disclosure of non-financial information

17 Jun - Denmark: Limitations period for dividend withholding tax refund claims, reduced

17 Jun - UK: Amendments proposed to the Finance Bill 2016-17

17 Jun - UK: Finance bill changes; investors’ relief extended to unpaid directors, certain paid employees, trustees of certain trusts

17 Jun - UK: Tax implications of “Brexit” and a tax “to do” list

16 Jun - Italy: Additional 40% depreciation for investments in new tangible assets

14 Jun - Switzerland: Corporate tax reform legislation advances

13 Jun - Belgium: “Catch all” clause for withholding tax, non-residents providing services

10 Jun - EU: Corporation tax avoidance directive approved by European Parliament; approval by EU Member States is next step

10 Jun - Hungary: Corporate, individual tax changes are pending enactment

10 Jun - UK: Consultation on capping early exit charges; would remove obstacle to new pension freedoms

9 Jun - EU: Sanctions relating to trade with Iran, Russia

8 Jun - EU: Reminder to file VAT claims by 30 June 2016

8 Jun - Finland: Interest incurred in debt push-down arrangements

8 Jun - Italy: Implementing guidance, new tax ruling system for substantial investments

7 Jun - EU: Council approves country-by-country reporting, mandatory automatic exchanges of tax information 

6 Jun - Poland: Proposal for retail sales tax

6 Jun - Sweden: CJEU judgment on different tax treatment of resident, non-resident pension funds

3 Jun - UK: Guidance concerning senior accounting officer (SAO) regime, SAO certificates

3 Jun - UK: Non-resident corporate-to-corporate lenders making multiple loans into UK

3 Jun - UK: Tribunal judgment, “managed service company” measures

2 Jun - Finland: Interest expenses allocated to Finnish branch held non-deductible

2 Jun - France: Unused, non-refundable tickets are subject to VAT

2 Jun - Germany: Dividends within tax groups; treaty update; other topics

May 2016

31 May - Netherlands: Withholding tax on dividends, by cooperatives

31 May - Italy: Penalties under VAT “mini one-stop shop”

31 May - Poland: Updated FAQs for taxpayer audits; VAT monthly reporting

31 May - Serbia: Guidance for VAT registration, tax representative

31 May - UK: VAT treatment of credit card handling services, CJEU judgment

27 May - Luxembourg: Tax credit limited to Luxembourg-source pensions violates free movement of workers, CJEU concludes

27 May - UK: Appellate court concludes no stamp duty land tax (SDLT) on £1 billion land purchase

27 May - UK: Consultation concerning loss relief rules for corporation tax purposes

27 May - UK: Consultation on possible reform of substantial shareholdings exemption

25 May - EU: No agreement on anti-avoidance directive; exchange of tax-related information of multinational companies, ECOFIN meeting

25 May - Finland: Proposed three-year limitations period, withholding tax refund claims

24 May - Latvia: Restating share capital, share valuations in euros

24 May - Norway: Reduced corporate tax rate, earnings stripping rule changes proposed

23 May - EU: Notice intended to clarify “state aid” concept

23 May - Netherlands: Proposed “innovation box” changes, align with BEPS recommendations

20 May - UK: “Brexit” tax considerations, planning

20 May - UK: Government’s legislative priorities for the year

18 May - EU: Anti-tax avoidance package draft; recommendations for “blacklist” countries included

18 May - Poland: FAQs on selection of taxpayer for audits

18 May - UK: Treatment of royalties for customs purposes

17 May - Portugal: Deadlines for applications for SME incentives

16 May - Bulgaria: Tax card for 2016

13 May - UK: Restrictions on tax deductibility of corporate interest expense, consultation

13 May - Czech Republic: Update on tax legislation proposed for 2017

13 May - Denmark: Interest deductions denied under “thin cap” rules, but allowed for Danish resident companies 

12 May - EU: Response to consultation, double taxation dispute resolution mechanism

12 May - Italy: “Patent box” regime guidelines

11 May - Netherlands: Fiscal unity between Dutch subsidiaries of a joint non-EU parent company

10 May - Hungary: Corporate, individual income tax legislative proposals; indirect tax measures

10 May - Lithuania: Update on individual, corporate income tax; VAT and customs

9 May - Luxembourg: Proposed tax incentives to encourage land, residential housing supplies

9 May - Russia: Voluntary disclosure deadline is 30 June 2016

6 May - EU: VAT proposals withdrawn, insurance and financial services

6 May - UK: New project on tax policy-making

5 May - Hungary: Tax implications of certain accounting developments

4 May - EU: Action plan on VAT; single VAT area

3 May - Germany: Add-back rules under the trade tax

2 May - Italy: VAT reverse-charge mechanism for game consoles, tablets, laptops

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us

 

Request for proposal

 

Submit