Tim Sarson’s latest summary of international developments.
The EU continues to search for a digital services tax solution. France sets out its unilateral measures, whilst the OECD attempts to achieve consensus around a broader global position. Also in the EU, the European Commission has launched an investigation into Luxembourg’s tax rulings on interest-free loans, further territories are added to the EU blacklist (with Bermuda and the UAE being notable additions), and member states have agreed measures, needed to simplify the VAT collection rules for sales of goods online. Further afield, there are changes to Hong Kong tax law, including a new transfer pricing regulation, and in China there are new filing rules and requirements for 2018 corporate income tax returns.
In the latest of his regular articles for Tax Journal*, Tim Sarson rounds up recent international developments. This month’s article looks at the:
* First published in Tax Journal on 29 March 2019. Reproduced with permission
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