• World Wide Tax News - Issue 47

World Wide Tax News - Issue 47

30 April 2018

Orginal content provided by BDO Global

This newsletter summarises recent tax developments of international interest across the world. In this issue:

  • INDIA: Budget 2018
  • AUSTRALIA: International tax developments in Australia signal focus on cross border activity
  • HONG KONG: 2018/19 Budget highlights
  • SINGAPORE: Innovation tax incentives enhanced
  • SRI LANKA: Changes to withholding tax on cross border payments / Changes to outward remittances made by commercial banks and authorised dealers
  • THE EUROPEAN UNION: Agreement on mandatory disclosure of tax information about potentially aggressive tax planning arrangements with cross-border implications / European Commission publishes the non-confidential decision in the Amazon state aid case
  • HUNGARY: Hungary’s reactions to the BEPS provision
  • ISRAEL: Taxation of cryptocurrencies
  • ITALY: Restyling of the Italian permanent establishment concept / Cooperative compliance programme
  • MOLDOVA: New single tax for residents of Moldovan IT parks