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World Wide Tax News - Issue 53

In this issue:

International

  • Latest on Taxation of the Digital Economy
  • ​The World of Private Clients

 

Asia Pacific

  • Australia:
    • Australia’s hybrid mismatch rules and their departures from the OECD’S recommendations 
    • Australian Tax Office finalises guidance on diverted profits tax
  • Korea: 2019 Korean Government’s tax reform proposal on international tax issues
  • Sri Lanka: Permanent Establishment - Key developments

 

Europe and the Mediterranean

  • Belgium: Implementation of multi-lateral instrument
  • Hungary: Recent tax changes
  • Italy: Italian Digital Services Tax to be introduced from 1 January 2020
  • The Netherlands: 2020 Tax Budget
  • United Kingdom:
    • Brexit and corporation tax implications of Conservative party win
    • UK taxation of offshore receipts in respect of intangible property (ORIP)

 

Latin America

  • Argentina: Creation of “Knowledge Economy Promotional Regime”
  • Panama: General tax amnesty for the payment of interest, surcharges and fines

 

North America and the Caribbean

  • United States: Tariffs: List 4A exclusion process opened on 31 October 2019

 

Africa

  • Zimbabwe: 2020 Budget


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