Nexia Tax Link May 2018

This edi­tion con­ta­ins 16 arti­c­les, that vary from tax reforms and legis­la­tive upda­tes to digi­tal tech­no­logy chan­ges across the indu­s­try. Inte­res­ting reads include: Ukraine high­ligh­ting the new sta­bi­li­sa­tion mea­su­res put in place to improve their eco­nomy and Poland’s new abi­lity to block tax­payer’s bank acco­unts for up to 3 months.

CON­T­ENTS:

• Aus­tra­lia - BEPS - The Aus­tra­lian res­ponse: OECD but with a twist...
• Aus­tra­lia - For­eign resi­dent capi­tal gains tax update
  
• Bra­zil - What you and your com­pany need to know about BACEN Returns?
• India - Bud­get amend­ments 2018
• India - Taxa­tion of digi­tal eco­nomy – India leads the way!
• Malta - The Euro­pean Com­mis­sion appro­ves the Mal­tese ton­nage tax scheme
• Poland - Polish tax aut­ho­ri­ties will be entit­led to block tax­pay­ers’ bank acco­unts – intro­duc­tion of so cal­led STIR in Poland
• Slo­va­kia - Posi­tive and nega­tive effects from the 2018 tax chan­ges in Slo­va­kia
• Swe­den - Swe­den lowers its cor­po­rate income tax
  
• Swit­zer­land - Update on tax pro­po­sal 17
• Tuni­sia - Cor­po­rate income tax incen­ti­ves in Tuni­sia: inter­pre­ta­tion issue as rela­ted to the Inter­na­tio­nal trade com­pa­nies
• Tur­key - Elec­tro­nic ser­vice pro­vi­ders have to be tax­pay­ers in Tur­key
• Ukraine - Legis­la­tive mea­su­res in order to sta­bi­lize and improve cur­rent eco­no­mic situa­tion
• Uni­ted King­dom - Making tax digi­tal
  
• Uni­ted Sta­tes - IRS pro­vi­des gui­dance on sec­tion 965 tran­si­tion tax
• Uni­ted Sta­tes - Tax reform com­p­li­ca­tes things for for­eign part­ners in US busi­nes­ses