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

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TaxNewsFlash-Europe

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November 2018

30 Nov - EU: "Code of Conduct" report on harmful tax practices, preferential tax regimes, blacklist

30 Nov - Poland: Mandatory disclosure rules, cross-border tax planning arrangements

30 Nov - UK: Impact of Brexit on business

30 Nov - UK: Status update, tax measures as Finance Bill moves through Parliament

28 Nov - Luxembourg: Expanded scope, occupational pension scheme for self-employed workers

28 Nov - Switzerland: Changes concerning treatment of principal companies, finance branches

26 Nov - France: ATAD and possible loosening of new interest limitation

26 Nov - Netherlands: Updated, stricter requirements for tax rulings with international character

26 Nov - Netherlands: VAT “zero rate” seagoing vessels, changes in 2019

23 Nov - Hungary: Tax legislative changes concerning corporate and individual taxpayers, VAT

23 Nov - UK: Businesses may be required to report ethnicity “pay gap”

23 Nov - UK: HMRC updates “no deal” guidance; practical considerations for businesses

23 Nov - UK: “Off-payroll” rules extend to private sector (April 2020); current action steps

23 Nov - UK: Updated “profit fragmentation” rules affecting UK business (Finance Bill)

22 Nov - France: Withholding tax on dividends from French companies to non-resident loss-making companies (CJEU judgment)

21 Nov - Poland: Income tax legislation enacted

16 Nov - Netherlands: Update on 2019 Tax Plan package and ATAD1 bill

16 Nov - Spain: Draft bill for financial transactions tax

16 Nov - UK: Status of Finance Bill 2018-19, related consultations

15 Nov - Germany: VAT treatment of consignment stock, deadline extended through 2019

14 Nov - Czech Republic: High court decision, interpreting tax treaty provisions

14 Nov - Czech Republic: Provisions similar to income tax treaty with Taiwan

14 Nov - Ireland: Consultation on cross-border hybrid mismatches, interest limitation

14 Nov - Switzerland: Corporate tax rate reduction, other measures proposed for Geneva

13 Nov - Italy: Withholding tax on interest, Swiss bank’s loan to individual

12 Nov - Denmark: Purpose of sale of shares may limit VAT refund (CJEU judgment)

9 Nov - UK: Finance Bill 2018-19, tax provisions and related consultations

9 Nov - Italy: Tax ruling clarifies research and development (R&D) tax credit

8 Nov - Italy: VAT grouping regime, clarifying guidance from tax authority

8 Nov - Portugal: Tax relief for repatriating individuals

8 Nov - Netherlands: Update on “emergency repair of fiscal unity” bill

6 Nov - Poland: New withholding tax rules pending enactment; cash flow implications

6 Nov - EU: Update on digital services tax; ECOFIN negotiations for sunset clause and limited scope 

6 Nov - EU: Revised “blacklist” of non-cooperative jurisdictions; Namibia removed from list

2 Nov - EU: Update of tax developments, CJEU judgments with potential domestic and cross-border implications 

2 Nov - Malta: Tax treatment of transactions related to “digital ledger technology”

1 Nov - Netherlands: Hybrid mismatches, update on bill for implementing ATAD2

1 Nov - Norway: Budget 2019—reduced corporate tax rate, amended earnings stripping rules

October 2018

31 Oct - France: Withholding tax on wages, new rules effective 2019

31 Oct - Italy: Tax amnesty, penalty and interest relief

31 Oct - Italy: Tax-exemption requirements, proceeds from real estate investment funds

31 Oct - Serbia: Deductible expenditures for cultural investments, including movies and software

30 Oct - Netherlands: Tax plan update, “emergency repair” of fiscal unity rule

29 Oct - Northern Ireland: Overview of key announcements in UK Autumn Budget 2018

29 Oct - UK: Digital services tax, corporate intangibles de-grouping, rules on goodwill in Autumn Budget 2018

29 Oct - UK: Releases about tax measures in Autumn Budget 2018

29 Oct - UK: Autumn Budget 2018, “on a page” summary

26 Oct - Ireland: Pension update, auto-enrolment and tax implications

25 Oct - Italy: VAT measures concerning format, recording of invoices

25 Oct - Serbia: Amendments to Central European Free Trade Agreement (CEFTA)

23 Oct - Malta: Tax provisions in 2019 budget

22 Oct - UK: Partial VAT recovery, costs related to hire-purchase agreements (CJEU judgment)

19 Oct - Netherlands: Dutch Supreme Court follows CJEU in “per element” approach

19 Oct - Austria: Tax internal control system requirements; other recent developments

18 Oct - EU: VAT and the digital economy; certain measures effective 1 January 2019

18 Oct - France: VAT and software and cash desk systems conformity, update

18 Oct - Germany: Referral to CJEU, VAT liability of EU subsidies

18 Oct - Ireland: VAT recovery also permissible for unsuccessful acquisition (CJEU judgment)

18 Oct - Italy: Tax rulings, court decision address tax issues in M&As

18 Oct - UK: Potential tax items for Autumn Budget 2018, set for 29 October

16 Oct - Netherlands: Corporate tax measures proposed to improve business environment

16 Oct - EU: Update of tax developments, CJEU judgments with potential domestic and cross-border implications

15 Oct - Switzerland: VAT changes for imports of low-value goods, effective 2019

12 Oct - Ireland: Measures in budget 2019 affecting farmers

12 Oct - Serbia: Property tax, determining the tax base for real estate

10 Oct - EU: Transition measures, short-term adjustments for new “definitive” VAT system

10 Oct - EU: VAT rate on e-books, “quick fixes” and reverse-charge mechanism

9 Oct - Ireland: Tax provisions in budget 2019

9 Oct - Norway: State budget 2019, proposals under petroleum tax regime

5 Oct - EU: Rules to harmonize VAT treatment of vouchers across EU Member States, effective 2019

5 Oct - UK: Disclosed tax arrangement, deduction claimed for debit arising from partial derecognition of financial assets relating to derivative contracts

4 Oct - Finland: Proposed amendments, interest deduction limitation rules

4 Oct - France: Compatibility with EU law, refunds of tax paid by French companies receiving dividends from non-resident subsidiaries (CJEU judgment)

4 Oct - France: VAT cross-border pro rata, costs incurred by fixed establishment (CJEU Advocate General opinion)

3 Oct - Belgium: Optional VAT regime for business-related real estate rentals, effective 1 January 2019

3 Oct - Netherlands: VAT cost-sharing exemption continues for financial services sector

2 Oct - Switzerland: Update on tax reform legislation

2 Oct - Italy: Bill to transpose EU anti-tax avoidance directives into Italian law

2 Oct - Estonia: VAT changes for transfers of land, effective October 2018

2 Oct - EU: “Blacklist” of non-cooperative jurisdictions revised, only six jurisdictions

1 Oct - EU: Summary of tax developments involving EC, CJEU, local laws and regulations (September 2018)

September 2018

28 Sep - France: Draft budget for 2019 unveiled, includes tax proposals

28 Sep - UK: Autumn Budget 2018 confirmed for 29 October

26 Sep - Netherlands: Tax treaty policy, designation of low-taxed states for consultation

25 Sep - Bulgaria: Administrative procedural changes effective 2019

21 Sep - EU: Implementation of VAT action plan in January 2019

21 Sep - Sweden: Effective date postponed, tax rules relating to temporary employment

21 Sep - UK: Tax considerations for asset managers after “Brexit”

21 Sep - UK: VAT implications for businesses affected by “making tax digital” measures in April 2019

20 Sep - Germany: Participation exemption regime for dividends originating in third countries is contrary to EU law (CJEU judgment)

20 Sep - Netherlands: Tax plan 2019 presented on “Budget Day”

20 Sep - Netherlands: Payroll tax changes proposed in 2019 tax plan

19 Sep - Belgium: Parliament approves deduction for innovation income

19 Sep - Luxembourg: Non-taxation of U.S. multinational corporation not illegal state aid (EC investigation)

18 Sep - Belgium: Register for “ultimate beneficial owners”

18 Sep - Ireland: A case for tax reform to assist Irish businesses ahead of Brexit

17 Sep - Czech Republic: Documentation of services received for tax deduction purposes

17 Sep - Czech Republic: New income tax treaty with Korea

17 Sep - EU: Infringement procedures and referrals to CJEU, other tax developments

14 Sep - Turkey: Limits on use of foreign currency by residents

14 Sep - UK: Date of Autumn Budget 2018 not yet announced; preparations are underway

13 Sep - Belgium: Notional interest deduction rate for assessment year 2020—0.726%

13 Sep - Ireland: Request for comments, proposed controlled foreign company (CFC) regime 

11 Sep - EU: ECOFIN considers proposals for digital services tax

11 Sep - Netherlands: VAT recovery, professional expenses for sale of a participation (CJEU Advocate General opinion in Danish case)

11 Sep - Poland: Intellectual property (IP) box, proposal for preferential tax regime

11 Sep - Poland: Proposal for “exit tax”

11 Sep - Poland: Proposals for amending corporate income tax law

11 Sep - Poland: Proposals for taxation of cryptocurrency transactions

11 Sep - Sweden: Proposed changes to CFC rules

10 Sep - Germany: Court’s revised position, invoice requirement for input VAT deduction

6 Sep - Italy: Tax measures enacted under “dignity decree” legislation

6 Sep - France: Possible corporate tax changes expected in Finance Bill, 2019

5 Sep - Ireland: Department of Finance's “roadmap” on future of Irish corporation tax regime

5 Sep - OECD: Report on tax reforms reflects lower corporate tax rates

4 Sep - France: VAT collection updated guidelines, software and cash desk systems

August 2018

29 Aug - Isle of Man: Substance requirements for certain tax resident companies

29 Aug - Romania: Overview of tax system

24 Aug - Luxembourg: Tax treatment of income from virtual currency transactions

22 Aug - Serbia: Amended rules for employing foreigners, foreign temporary work assignments

21 Aug - Czech Republic: Burden of proof, VAT exemption on cross-border supplies (Supreme Administrative Court decision)

21 Aug - Czech Republic: Proposed rules for corporate representatives, transparency measures

21 Aug - Czech Republic: VAT amendments effective 2019; pending questions and issues

17 Aug - UK: Regulatory system in the event of “no deal” Brexit

17 Aug - EU: Summary of CJEU actions, EC infringement proceedings (August 2018)

16 Aug - Sweden: Proposal regarding taxation of temporary work

13 Aug - Austria: Court decisions on tax groups, loss recognition, VAT

10 Aug - Poland: Draft measures on taxpayer rights, tax collection efforts

10 Aug - UK: Tribunal decision, capital allowances and meaning of "plant"

10 Aug - UK: Deadline for individual taxpayers to review, correct offshore issues is 30 September 2018

8 Aug - France: Withholding tax on dividends paid to non-resident loss-making companies, not compatible with EU law (CJEU Advocate General opinion)

7 Aug - Belgium: Relief from certain penalties under new VAT penalty policy

7 Aug - Cyprus: Tax law changes concerning capital gains, carried interest, funds

3 Aug - UK: HMRC report on transfer pricing and diverted profits tax (DPT) statistics for 2017-2018

3 Aug - UK: “Bridging software” for preparing VAT returns by April 2019 deadline

3 Aug - UK: Proposal for register of beneficial owners of overseas entities owning UK land

2 Aug - Greece: Changes to income tax, VAT, real estate tax laws

2 Aug - Ireland: VAT treatment of services in connection with immovable property

July 2018

30 Jul - Italy: Measures concerning tax benefits provided relocating entities, bonus depreciation, R&D tax credit

27 Jul - Luxembourg: VAT group regime, effective 1 August 2018

27 Jul - UK: Tax on overseas portfolio dividends and compound interest (Supreme Court case on CFC and dividends)

26 Jul - Serbia: Income tax, social security obligations for unpaid corporate directors

25 Jul - Spain: Tax lease system, maritime shipping (CJEU judgment)

24 Jul - EU: Update of EU tax developments, domestic and cross-border implications; summaries of CJEU judgments and implications for taxpayers

20 Jul - UK: Tax implications of government’s “Brexit” white paper

20 Jul - UK: HMRC guidance; VAT digital records and returns using functional compatible software

20 Jul - UK: Tribunal decision; meaning of “loan relationship” when amounts advanced to company in which lender had 50% ownership interest

20 Jul - UK: Executive remuneration in new Corporate Governance Code

19 Jul - Romania: Reduced VAT rate for water and sewer services, agricultural irrigation

19 Jul - Serbia: VAT amendments, customs duties on imported equipment

18 Jul - Germany: VAT changes proposed in annual tax legislation

17 Jul - Germany: VAT liability proposed for online marketplaces

16 Jul - Malta: Flat 15% tax on employment income for individuals operating in maritime, offshore oil and gas industries

13 Jul - Netherlands: Unemployment contributions, sector classification changes

13 Jul - Poland: “Exit tax” when business is transferred to another country

13 Jul - UK: Measures included in draft Finance Bill 2018/19

13 Jul - UK: Proposed amendments to corporate interest reduction (CIR) rules would extend deadline for “reporting company” designation

13 Jul - UK: Proposed anti-avoidance legislation, business diverting profits to overseas territories

12 Jul - Czech Republic: Changes to taxation of listed investment funds

12 Jul - Czech Republic: Proposed VAT amendments for 2019

11 Jul - Luxembourg: Bill to ratify multilateral instrument (MLI) into domestic law

9 Jul - Malta: Tax credit for certain quarry permit holders accepting construction waste, demolition materials

6 Jul - Italy: Review of R&D tax credit

6 Jul - UK: HMRC international manual, updated controlled foreign companies section and finance company exemptions

5 Jul - Denmark: Losses from permanent establishment with non-Danish head office (CJEU judgment)  

3 Jul - Italy: Guidance clarifying mandatory “e-invoicing” and rules for VAT-registered persons

June 2018

29 Jun - Germany: Tax loss carryforward allowed companies in financial difficulties (CJEU judgment holds not state aid)

29 Jun - UK: Certain loans made to employees and outstanding 5 April 2019 are subject to PAYE, NIC, other levies

29 Jun - UK: Tax-advantaged share plans registration required by 6 July 2018, employment-related securities

29 Jun - Italy: Mandatory e-invoice delayed to 2019, business-to-business fuel supplies

29 Jun - Luxembourg: Guidance concerning input VAT deduction for “partial taxpayers”

29 Jun - Netherlands: Severance package vs. taxation of early retirement scheme (RVU)

28 Jun - France: Basis for local taxation (CVAE) includes transfer pricing re-assessments

28 Jun - Hungary: Proposed legislative changes, corporate and individual income tax

28 Jun - OECD: Database of comparable tax revenue data

27 Jun - EU: ECOFIN adopts conclusions of Code of Conduct Group’s activities, first half 2018

26 Jun - Switzerland: Pension funds may unnecessarily be paying VAT

25 Jun - EU: Certain annual VAT recovery rate adjustments for 2017 due by 23 July 2018

25 Jun - Germany: Input VAT deduction, court decision on timing of supply

25 Jun - Ireland: AEO may mitigate customs clearance and tariff requirements as “Brexit” process continues

25 Jun - Poland: VAT “split payment” mechanism effective 1 July 2018

25 Jun - Serbia: New procedures, rules added to law governing companies

22 Jun - UK: Company must withhold tax on interest paid to non-resident entity (Court of Appeal)

22 Jun - UK: Waiver of loans to directors of “close” companies taxed as earnings

22 Jun - Denmark: Withholding tax on dividends paid to foreign investment funds (CJEU judgment)

22 Jun - EU: Reminder, extra customs duties U.S. imports beginning 22 June; UK publishes list of U.S. products

22 Jun - EU: France and Germany agree on common position paper, CCCTB

22 Jun - EU: New measures to address VAT fraud

21 Jun - Belgium: Reminder of corporate tax return, estimated payment due dates

21 Jun - Serbia: “Ultimate beneficial owners” measures are enacted

21 Jun - Luxembourg: Bill for transposing EU Anti-Tax Avoidance Directive (ATAD 1) into domestic tax law

20 Jun - Luxembourg: EC finds illegal tax benefits granted in tax rulings

20 Jun - EU: Additional customs duty, reaction to U.S. steel, aluminum tariffs

20 Jun - Ireland: Updated guidance clarifies operation of “pay as you earn” (PAYE) tax for short-term business visitors

18 Jun - Austria: Draft bill, transposing Anti-Tax Avoidance Directive (ATAD) into law

18 Jun - Luxembourg: First steps in process to transpose EU Anti-Tax Avoidance Directive (ATAD 1), to ratify multilateral instrument (MLI)

18 Jun - OECD: Developing countries, mining investors and tax incentives

18 Jun - Sweden: Update on interest deduction, corporate tax rate reduction legislation

15 Jun - UK: Draft Finance bill to be published before the Autumn Budget

15 Jun - UK: Liability for stamp duty land tax (SDLT) despite claims of alternative financing arrangements

14 Jun - Netherlands: Standard securitization transactions, advance tax rulings no longer available

14 Jun - Switzerland: Update on status of corporate tax reform proposals

13 Jun - Denmark: Deductibility of losses from certain foreign permanent establishments (CJEU judgment)

13 Jun - EU: “Taxation trends” report for 2018

12 Jun - Czech Republic: Amendments to VAT law expected to advance

12 Jun - Czech Republic: Proposal to require reporting of income transferred abroad, 2019 tax package

12 Jun - Czech Republic: Proposals to limit interest deductions, revise CFC rules

11 Jun - Bulgaria: “Tax card” for 2018, quick reference tax guide

11 Jun - Germany: Controlled foreign corporation (CFC) rules, interaction with “Standstill Clause” (CJEU Advocate General opinion)

11 Jun - UK: Certain VAT-registered businesses must maintain digital records, effective April 2019

8 Jun - EU: Customs program to foster cooperation among customs authorities

8 Jun - Netherlands: Bill to amend fiscal unity regime, corporate income tax

8 Jun - Sweden: Gambling tax measure enacted

5 Jun - EU: New mandatory disclosure requirements for intermediaries and taxpayers, effective 25 June 2018

5 Jun - Ireland: VAT updates (June 2018)

1 Jun - Serbia: Measures to encourage investments

May 2018

31 May - UK: HMRC confirms tax treatment of enterprise management incentive (EMI) options

28 May - Malta: New rules for VAT grouping

25 May - UK: Consultation on off-payroll working in private sector

25 May - UK: Deadline is 30 June 2018, for group to appoint reporting company for corporate interest restriction (CIR) purposes

25 May - EU: Bahamas, Saint Kitts and Nevis removed from EU “black list”

25 May - EU: Proposal for new single VAT system

25 May - EU: Proposed changes to excise tax on alcohol

25 May - EU: Update on mandatory disclosure requirements for intermediaries, taxpayers (effective June 2018)

24 May - Czech Republic: Proposed VAT rate reduction, certain goods and services

24 May - Czech Republic: Taxpayer compliance with R&D administrative formalities is required

24 May - Germany: Input VAT deduction following an audit

24 May - Turkey: Tax amnesty for repatriation of capital, certain receivables

23 May - Austria: “Ultimate beneficial owner” registration, deadline 1 June 2018

22 May - Bulgaria: Electronic documentation rules for employee files

22 May - Serbia: Legislation revising control of foreign currency transactions

21 May - Italy: Administrative guidance, court cases clarifying definition of permanent establishment

21 May - Turkey: General tax amnesty also applies for customs duties

18 May - Czech Republic: Activities give rise to “dependent agent” permanent establishment

18 May - EU: Outlook for digital tax proposals

18 May - UK: Consultation, short-term business visitors from overseas branches

18 May - UK: Upper tribunal decision in test case, withholding tax refunds on “manufactured overseas dividends”

16 May - Netherlands: Update on earnings stripping, ATAD1, fiscal unity proposals

15 May - EU: Special VAT regime for tax agents; possibilities for reform

15 May - UK: Tax competitiveness, survey results

11 May - UK: Companies, individuals have until 30 September 2018 to address offshore non-compliance

11 May - UK: Consultation on addressing misuse of limited partnerships

10 May - Poland: Limited tax deductibility of certain intangible service fees, royalties

9 May - Luxembourg: Transactions involving “non-cooperative jurisdictions” (EU blacklist); increased tax audit risk, reporting and documentation

9 May - Serbia: Tax procedure measures enacted in new tax law

9 May - Serbia: VAT legislative changes effective July 2018

7 May - Ireland: Is VAT on share acquisitions deductible? (CJEU Advocate General opinion)

4 May - EU: Directive (DAC 6) requiring disclosure of cross-border arrangements; publication expected May or June 2018

4 May - Netherlands: VAT applies to loan under hire-purchase agreement (CJEU Advocate General’s opinion)

4 May - UK: Implications of court decision on UK mergers

4 May - UK: Update on HMRC “Making Tax Digital” program

2 May - Turkey: VAT registration, business-to-customer (B2C) sales of “e-services”

April 2018

30 Apr - Cyprus: Tax card for 2018

27 Apr - UK: Court of Appeal, late claim for refund of overpaid tax denied

26 Apr - EU: European Commission proposes new rules on protection of whistleblowers

26 Apr - Slovakia: Tax treatment of virtual currencies

26 Apr - Spain: Regional taxes on large retail establishments compatible with EU law (CJEU judgment)

25 Apr - EU: New company law rules proposed; easier to merge, divide or move within EU

25 Apr - France: Anti-avoidance tax provision (“Charasse amendement”) held constitutional

25 Apr - Netherlands: “Ultimate beneficial owner” register implementation is postponed

25 Apr - Sweden: Final bill regarding the re-regulation of gambling market

24 Apr - Ireland: EC approves Ireland’s sugar-sweetened drinks tax

24 Apr - Italy: Income tax treaties with Barbados and Panama

23 Apr - Malta: New tax measures enacted, including provisions for reduced PE threshold, notional interest deduction computation, other items 

23 Apr - Netherlands: “30% ruling” shortened to five years, effective 1 January 2019

23 Apr - EU: New trade agreement with Mexico

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

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 - 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

KPMG profiles of tax systems in European countries

KPMG’s profiles on the tax systems in many European countries

Read the June 2018 report

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