International Tax Europe and Africa February 2019
This e-newsletter gives you an overview of international tax developments being reported globally by KPMG member firms in the Europe and Africa Regions between 1 February 2019 and 28 February 2019.
|European Union||Italy||San Marino||United Kingdom|
For a full summary of global tax developments, visit home.kpmg/taxnewsflash.
To contact the International Tax Team email firstname.lastname@example.org.
To register for the International Tax webcasts, click here.
|Administrative and case law||Corporate income tax||14 February 2019||
The General Court of the CJEU rendered judgment on the Belgian excess profit system. The case is: T-131/16.
|Tax legislation approved and regulatory update||Anti-avoidance / Transfer pricing||29 December 2018||
An amendment to Botswana’s income tax law was promulgated. The new law includes measures that:
|Tax legislation approved and regulatory update||Various tax areas||4 February 2019||
The 2019/2020 budget proposals were presented to the National Assembly. There were no changes to the tax laws proposed in the budget speech.
|Denmark||Beneficial owner||26 February 2019||
The CJEU rendered two landmark decisions on the interpretation of the beneficial owner concept under the Interest and Royalties Directive and the Parent-Subsidiary Directive.
|Tax legislation approved and regulatory update||Corporate income tax||1 January 2019||
KPMG in France prepared a summary of the corporate tax measures recently enacted and effective starting January 2019, including changes to:
|Tax legislation approved and regulatory update||Individual taxation||1 January 2019||
KPMG in France prepared a summary of the corporate tax measures recently enacted and effective starting January 2019.
|Tax legislation approved and regulatory update||Multilateral instrument||14 February 2019||
The Luxembourg Parliament passed legislation for the ratification of the Multilateral Instrument into Luxembourg domestic tax law.
|Proposed legislation||Corporate income tax / VAT||February 2019||
KPMG in Malta prepared a summary of the corporate income tax and VAT measures proposed in the Budget Measures Implementation Act, 2018.
|Proposed legislation||Mandatory disclosure reporting||24 April 2019||
A draft proposal in Sweden for implementing EU mandatory disclosure reporting rules is subject to public consultation until 24 April 2019.