World Wide Tax News - Issue 47

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

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