BDO World Wide Tax News - September 2019

BDO World Wide Tax New summarises recent tax developments of international interest across the world. If you would like more information on any of the topics featured, or would like to discuss their implications for you or your business, please contact the person named on the news article.

In this month’s issue:

International

• The World of Corporate International Tax in 2019 and beyond  

Asia-Pacific

• ​AUSTRALIA - Certificate of origin waiver – New benefit for Australian trusted traders
• CHINA - Tax deregistration formalities further optimised
• HONG KONG - China and Hong Kong Special Administrative Region sign fifth protocol to arrangement for avoidance of double taxation
• INDIA - Amendments to tax law by Finance (No. 2) Act 2019

Europe and the Mediterranean

• ARMENIA - Tax incentives for information technology startups extended
• AUSTRIA - Taxation of passive income of “low-taxed” entities
• FRANCE - Digital Services Tax introduced
• IRELAND - International corporate tax rule changes
• ISRAEL - Transfer of real estate to Israeli resident trust
• THE NETHERLANDS - Anti-Tax Avoidance Bill - Preventing hybrid mismatches

United Kingdom

• ​UK Digital Services Tax to go ahead
• Getting ready for Brexit

Latin America

• ARGENTINA - Tax inflation adjustment – Points to consider
• ECUADOR - Income tax refunds for non-residents by application of a double taxation treaty

North American and the Caribbean

• ​UNITED STATES - ​Sales and use taxes - The impact of Wayfair