BDO Corporate Tax News - February 2023

Kansainvälisiin verouutisiin keskittyvä Corporate Tax News -uutiskirjeemme käsittelee verotuksen ajankohtaisia aiheita. Corporate Tax News (ent. World Wide Tax News) kokoaa yhteen etenkin kansainvälisen yritysverotuksen keskeiset teemat yritysten liiketoiminnan tueksi. Pääset lukemaan itseäsi kiinnostavia uutisia alla olevista linkeistä.

Uutiskirjeen sisältö:

International

• International - Tax rate changes affecting businesses
• European Union - European Parliament revises “gateway” tests in Unshell Directive
• European Union - Member states reach agreement on minimum taxation under Pillar Two, Poland drops reservations
• International - Corporate tax bytes
• International - OECD releases additional Pillar Two Guidance

Asia Pacific

• Japan - Global minimum tax to be introduced under 2023 tax reform, along with easing of CFC rules
• India - 2023-24 Finance bill contains some measures to encourage investment
• Singapore - Budget 2023 measures include introduction of GloBE rules and domestic top-up tax
• Thailand - Tax concessions for COVID-19-related donations

EMEA

• Belgium - Tax authorities investigative powers expanded
• Denmark - Supreme Court rules on beneficial owner and tax treaty abuse cases
• Germany - Extraterritorial taxation of German-registered IP rights revised
• Italy - 2023 budget law measures impact MNEs with Italian operations
• United Arab Emirates - Decree-Law clarifies tax treatment of free zone businesses
• United Arab Emirates - What do the PE rules in the new corporate tax law mean for you?
• United Kingdom - Spring budget 2023: What business tax changes can we expect?
• United Kingdom - Increasing challenges relating to “allowable purpose” for intragroup loans

The Americas

• Canada - CRA revises return for reporting transactions with non-arm’s length nonresidents
• Colombia - New 15% minimum tax and concept of significant economic presence introduced
• United States - Interim guidance issued on corporate AMT
• United States - Brazil’s proposed transfer pricing legislation has U.S. foreign tax credit implications