Tax Journal – International briefing for May - KPMG United Kingdom
Share with your friends

Tax Journal – International briefing for May

Tax Journal – International briefing for May

Tim Sarson’s latest summary of international developments.


Also on

In the US, President Trump has published a list of tax reform principles; and here in the UK large swathes of legislation were dropped from the Finance Bill prior to the dissolution of Parliament. President Macron of France included a few pieces of tax policy in his election campaign, and in Australia there has been a federal Budget and an important transfer pricing case. A recent court decision in India on fixed place permanent establishments could have wider implications, and there have been patent box developments in Luxembourg and Italy.

In the latest of his regular articles for Tax Journal*, Tim Sarson rounds up recent international developments. This month’s article looks at:

  • US tax reform principles;
  • The passage of the UK’s shortened Finance Act 2017 ahead of general election campaigning;
  • An update on recent activity at the OECD;
  • Tax implications of the French presidential election;
  • Australia’s 2017 federal Budget;
  • A win for the Australian tax authorities in a recent transfer pricing case;
  • An Indian tax case looking at permanent establishment issues; and
  • Patent box developments in Luxembourg and Italy. 

*First published in Tax Journal on 26 May 2017. Reproduced with permission.


For further information please contact:

Tim Sarson

Connect with us


Want to do business with KPMG?


Request for proposal