Click here to request the latest edition of this newsletter.
Feature
- IRS to obtain US bank information on Finnish residents with US bank accounts
Case Summaries
France
- Management packages: criteria in tax matters keep being clarified
- The bonus paid by a sport federation to a professional player provided by the club that employs him is a salary
Switzerland
- Baker McKenzie obtains a landmark judgment favouring lenders in relation to negative interest
United Kingdom
Legislative Developments
Argentina
- Compliance with BEPS Action 5 commitments
Belgium
- Belgium Cayman Tax: publication of an extended blacklist of entities established outside the EEA
- Belgium introduces a withholding tax exemption for Belgian resident individuals receiving "dividends" in the context of a "spin-off"
- Belgium introduces a withholding tax exemption for Belgian resident individuals receiving "dividends" in the context of a "spin-off"
France
- Withholding of income tax: review of some practical issues
Italy
- Italian Italy broadens the scope of the special tax regime for new resident workers (70% to 90% exemption from income tax)
Malaysia
- Malaysian Stamp Act: Changes to relief provisions, instruments that secure indebtedness and rates increase
The Netherlands
- From 2020, Dutch businesses must register their beneficial owners
Philippines
- BIR issues revenue regulations for tax amnesty on delinquencies
South Africa
- Tightening the noose on foreign trusts
Spain
- European Commission requests that Spain eliminate discrimination against non-resident individuals' rental income
United Kingdom
- No more room to manoeuvre – UK capital gains tax extension for non-residents
- Will an end to the "blame game" help the UK keep its title as "divorce capital of the world"?
- National Crime Agency secures second set of Unexplained Wealth Orders
United States
- US Department of Justice issues update to its guidance on evaluating corporate compliance programs
- The new 2019 QOZ-proposed regulations and their impact on the life cycle of a Qualified Opportunity Fund
- Three new LB&I compliance campaigns for pass-through entities
- California legislature proposes a state gift and estate tax beginning 2021
Explore More Insight