• Careers
  • Locations
  • Client Center
  • person Login / Register
  • Contact
BDO USA
  • Services
    • Advisory
      • Business Restructuring & Turnaround Services
      • Forensics and Investigations
      • Insurance Risk & Recovery
      • Management Consulting
      • M&A and Transaction Advisory
      • Privacy & Data Protection
      • Risk & Resilience
      • Valuation & Capital Market Analysis
      Advisory
      • Business Restructuring & Turnaround Services
      • Forensics and Investigations
      • Insurance Risk & Recovery
      • Management Consulting
      • M&A and Transaction Advisory
      • Privacy & Data Protection
      • Risk & Resilience
      • Valuation & Capital Market Analysis
    • Audit & Assurance
      • Audit & Assurance Services
      • Accounting Standards & Reporting Matters
      • Accounting & Reporting Advisory Services
      • Business Services & Outsourcing
      • Employee Benefit Plan Audit
      • Information Systems Assurance
      • Public Housing Authority
      • Risk Advisory
      • Third Party Attestation
      Audit & Assurance
      • Audit & Assurance Services
      • Accounting Standards & Reporting Matters
      • Accounting & Reporting Advisory Services
      • Business Services & Outsourcing
      • Employee Benefit Plan Audit
      • Information Systems Assurance
      • Public Housing Authority
      • Risk Advisory
      • Third Party Attestation
    • BDO Digital
    • BDO Wealth Advisors
      • Financial Planning
      • Investment Management
      • Outsourced Chief Investment Officer
      • Portfolio Aggregation and Reporting
      BDO Wealth Advisors
      • Financial Planning
      • Investment Management
      • Outsourced Chief Investment Officer
      • Portfolio Aggregation and Reporting
    • Sustainability and ESG
      • ESG Strategy & Program Development
      • ESG Assurance
      • GovCon GHG & Climate Risk
      • Total Tax Transparency & ESG Tax Strategy
      • Community Resilience
      Sustainability and ESG
      • ESG Strategy & Program Development
      • ESG Assurance
      • GovCon GHG & Climate Risk
      • Total Tax Transparency & ESG Tax Strategy
      • Community Resilience
    • Tax
      • Business Incentives & Tax Credits
      • Federal Tax
      • Global Employer Services
      • Income Tax Accounting
      • International Tax Services
      • Nonprofit Tax Services
      • Private Client Services
      • State & Local Tax
      • Tax Automation & Innovation
      • Tax Risk Services
      • Transfer Pricing
      Tax
      • Business Incentives & Tax Credits
      • Federal Tax
      • Global Employer Services
      • Income Tax Accounting
      • International Tax Services
      • Nonprofit Tax Services
      • Private Client Services
      • State & Local Tax
      • Tax Automation & Innovation
      • Tax Risk Services
      • Transfer Pricing
    • Solutions
      • Global Value Chain
      • IPO Readiness
      Solutions
      • Global Value Chain
      • IPO Readiness

    FEATURED

    • Sales & Use Tax Client Success Story

      Sales & Use Tax Client Success Story

      Learn how BDO’s tax strategy resulted in a nearly 90% tax bill reduction.

      chevron_right
    • The Healthcare Revenue Cycle Optimization Checklist

      The Healthcare Revenue Cycle Optimization Checklist

      Need to re-evaluate your revenue cycle? Use our checklist to take the first steps.

      chevron_right
    Services
    • Advisory
      • Business Restructuring & Turnaround Services
      • Forensics and Investigations
      • Insurance Risk & Recovery
      • Management Consulting
      • M&A and Transaction Advisory
      • Privacy & Data Protection
      • Risk & Resilience
      • Valuation & Capital Market Analysis
      Advisory
      • Business Restructuring & Turnaround Services
      • Forensics and Investigations
      • Insurance Risk & Recovery
      • Management Consulting
      • M&A and Transaction Advisory
      • Privacy & Data Protection
      • Risk & Resilience
      • Valuation & Capital Market Analysis
    • Audit & Assurance
      • Audit & Assurance Services
      • Accounting Standards & Reporting Matters
      • Accounting & Reporting Advisory Services
      • Business Services & Outsourcing
      • Employee Benefit Plan Audit
      • Information Systems Assurance
      • Public Housing Authority
      • Risk Advisory
      • Third Party Attestation
      Audit & Assurance
      • Audit & Assurance Services
      • Accounting Standards & Reporting Matters
      • Accounting & Reporting Advisory Services
      • Business Services & Outsourcing
      • Employee Benefit Plan Audit
      • Information Systems Assurance
      • Public Housing Authority
      • Risk Advisory
      • Third Party Attestation
    • BDO Digital
    • BDO Wealth Advisors
      • Financial Planning
      • Investment Management
      • Outsourced Chief Investment Officer
      • Portfolio Aggregation and Reporting
      BDO Wealth Advisors
      • Financial Planning
      • Investment Management
      • Outsourced Chief Investment Officer
      • Portfolio Aggregation and Reporting
    • Sustainability and ESG
      • ESG Strategy & Program Development
      • ESG Assurance
      • GovCon GHG & Climate Risk
      • Total Tax Transparency & ESG Tax Strategy
      • Community Resilience
      Sustainability and ESG
      • ESG Strategy & Program Development
      • ESG Assurance
      • GovCon GHG & Climate Risk
      • Total Tax Transparency & ESG Tax Strategy
      • Community Resilience
    • Tax
      • Business Incentives & Tax Credits
      • Federal Tax
      • Global Employer Services
      • Income Tax Accounting
      • International Tax Services
      • Nonprofit Tax Services
      • Private Client Services
      • State & Local Tax
      • Tax Automation & Innovation
      • Tax Risk Services
      • Transfer Pricing
      Tax
      • Business Incentives & Tax Credits
      • Federal Tax
      • Global Employer Services
      • Income Tax Accounting
      • International Tax Services
      • Nonprofit Tax Services
      • Private Client Services
      • State & Local Tax
      • Tax Automation & Innovation
      • Tax Risk Services
      • Transfer Pricing
    • Solutions
      • Global Value Chain
      • IPO Readiness
      Solutions
      • Global Value Chain
      • IPO Readiness
  • Industries
    • Consumer Services
      • Auto Dealerships
      • Gaming & Leisure
      • Restaurants
      • Retail & Consumer Products
      Consumer Services
      • Auto Dealerships
      • Gaming & Leisure
      • Restaurants
      • Retail & Consumer Products
    • Financial Services
      • Asset Management
      • Financial Institutions & Specialty Finance
      • Fintech
      • Insurance
      Financial Services
      • Asset Management
      • Financial Institutions & Specialty Finance
      • Fintech
      • Insurance
    • Government Contracting
    • Healthcare & Life Sciences
      • Healthcare
      • Life Sciences
      Healthcare & Life Sciences
      • Healthcare
      • Life Sciences
    • Manufacturing
    • Natural Resources
    • Nonprofit & Education
    • Private Equity
    • Government & Public Sector
    • Professional Services
    • Real Estate & Construction
    • Technology

    FEATURED

    • What Semiconductor Organizations Need to Know about the CHIPS Act

      What Semiconductor Organizations Need to Know about the CHIPS Act

      Organizations should be prepared to act.

      chevron_right
    • How BDO Helps Retailers and Lenders in Distress

      How BDO Helps Retailers and Lenders in Distress

      Strategies used to build resilience.

      chevron_right
    Industries
    • Consumer Services
      • Auto Dealerships
      • Gaming & Leisure
      • Restaurants
      • Retail & Consumer Products
      Consumer Services
      • Auto Dealerships
      • Gaming & Leisure
      • Restaurants
      • Retail & Consumer Products
    • Financial Services
      • Asset Management
      • Financial Institutions & Specialty Finance
      • Fintech
      • Insurance
      Financial Services
      • Asset Management
      • Financial Institutions & Specialty Finance
      • Fintech
      • Insurance
    • Government Contracting
    • Healthcare & Life Sciences
      • Healthcare
      • Life Sciences
      Healthcare & Life Sciences
      • Healthcare
      • Life Sciences
    • Manufacturing
    • Natural Resources
    • Nonprofit & Education
    • Private Equity
    • Government & Public Sector
    • Professional Services
    • Real Estate & Construction
    • Technology
  • Insights
    • Featured Topics
      • Accounting & SEC Matters
      • Compensation and Pay Practices
      • Corporate Governance
      • Innovation
      • Diversity, Equity and Inclusion
      • Sustainability and ESG
      • Evolving Economy
      • Global Business
      • Mitigating Risk
      • Supply Chain
      • Tax Policy
      Featured Topics
      • Accounting & SEC Matters
      • Compensation and Pay Practices
      • Corporate Governance
      • Innovation
      • Diversity, Equity and Inclusion
      • Sustainability and ESG
      • Evolving Economy
      • Global Business
      • Mitigating Risk
      • Supply Chain
      • Tax Policy
    • Blogs
      • Nonprofit Standard
      • Selections
      Blogs
      • Nonprofit Standard
      • Selections
    • Events & Webcasts
    • Podcasts
      • 60-Second Retail
      • BDO in the Boardroom
      • BDO Talks ERISA
      • BDO To-Go Restaurant
      • BDO's Legal Tech Talk Podcast
      • BDO's Spotlight on SPACs
      • Private Equity PErspectives
      • Students Who Know
      • Tax at the Speed of Tech
      Podcasts
      • 60-Second Retail
      • BDO in the Boardroom
      • BDO Talks ERISA
      • BDO To-Go Restaurant
      • BDO's Legal Tech Talk Podcast
      • BDO's Spotlight on SPACs
      • Private Equity PErspectives
      • Students Who Know
      • Tax at the Speed of Tech

    FEATURED

    • Tax at the Speed of Tech Podcast

      Tax at the Speed of Tech Podcast

      A podcast from BDO's Tax practice that focuses on the transformation of the tax function. 

      chevron_right
    • How Banks can Innovate in the Year Ahead

      How Banks can Innovate in the Year Ahead

      3 reasons why banks should lean into digital transformation in 2023.

      chevron_right
    Insights
    • Featured Topics
      • Accounting & SEC Matters
      • Compensation and Pay Practices
      • Corporate Governance
      • Innovation
      • Diversity, Equity and Inclusion
      • Sustainability and ESG
      • Evolving Economy
      • Global Business
      • Mitigating Risk
      • Supply Chain
      • Tax Policy
      Featured Topics
      • Accounting & SEC Matters
      • Compensation and Pay Practices
      • Corporate Governance
      • Innovation
      • Diversity, Equity and Inclusion
      • Sustainability and ESG
      • Evolving Economy
      • Global Business
      • Mitigating Risk
      • Supply Chain
      • Tax Policy
    • Blogs
      • Nonprofit Standard
      • Selections
      Blogs
      • Nonprofit Standard
      • Selections
    • Events & Webcasts
    • Podcasts
      • 60-Second Retail
      • BDO in the Boardroom
      • BDO Talks ERISA
      • BDO To-Go Restaurant
      • BDO's Legal Tech Talk Podcast
      • BDO's Spotlight on SPACs
      • Private Equity PErspectives
      • Students Who Know
      • Tax at the Speed of Tech
      Podcasts
      • 60-Second Retail
      • BDO in the Boardroom
      • BDO Talks ERISA
      • BDO To-Go Restaurant
      • BDO's Legal Tech Talk Podcast
      • BDO's Spotlight on SPACs
      • Private Equity PErspectives
      • Students Who Know
      • Tax at the Speed of Tech
  • About Us
    • BDO Alliance USA
    • BDO Alumni
    • Careers
    • Community Engagement
    • Compliance & Ethics
    • Diversity, Equity and Inclusion
    • Global Network
    • Innovation
    • Leadership Team
    • Sustainability and ESG

    FEATURED

    • 2022 Sustainability Report

      2022 Sustainability Report

      Learn more about our goals, commitments and actions.

      chevron_right
    • BDO USA Lands Top Five Spot on Vault Accounting 25

      BDO USA Lands Top Five Spot on Vault Accounting 25

      BDO ranked fourth best overall accounting employer for the fourth consecutive year.

      chevron_right
    About Us
    • BDO Alliance USA
    • BDO Alumni
    • Careers
    • Community Engagement
    • Compliance & Ethics
    • Diversity, Equity and Inclusion
    • Global Network
    • Innovation
    • Leadership Team
    • Sustainability and ESG
  • Careers
  • Locations
  • Client Center
  • person Login / Register
  • Contact
  • Home
  • Insights
  • Tax
  • World Wide Tax News - Issue 55

World Wide Tax News - Issue 55

World Wide Tax News - Issue 55

BDO World Wide Tax News summarizes recent tax developments of international interest across the world.

 

In this issue:

  • International
    • ​THE EUROPEAN UNION: Exchange of information - DAC6 - The time to act is now
  • Asia Pacific 
    • AUSTRALIA: Australian High Court clarifies meaning of “associate” and “sufficiently influenced” for tax purposes in international tax dispute
    • INDIA: Taxing the digital economy - Indian Equalisation Levy 2.0
    • JAPAN: New “Open innovation tax incentive”
    • KOREA: Transfer pricing - Introduction of low value-adding intra-group services in 2020
    • MALAYSIA: Malaysian tax enforcement in 2020 - Updates
    • SRI LANKA: Land of promising tax-friendly investment returns
  • Europe and the Mediterranean
    • SPAIN: Measures to mitigate COVID-19 impact on arts, culture and sports
    • UNITED KINGDOM: Notification of uncertain tax treatment by large businesses 
  • North America and the Caribbean
    • CANADA: Canadian government’s response to international income tax issues raised by COVID-19 
    • UNITED STATES: President Trump signs into law CARES Act

 

READ THE NEWSLETTER

Article June 18, 2020
Printprint

SHARE

  • email

Related Resources

Article

Have Qualified Small Business Stock? Consider Section 1202 as Part of Your Estate and Trust Planning

June 2, 2023
Article

Have Qualified Small Business Stock? Consider Section 1202 as Part of Your Estate and Trust Planning

June 2, 2023

For individuals seeking to minimize taxes while also transferring wealth to the next generation, the income tax benefits provided under Internal Revenue Code Section 1202 can match up well with estate planning efforts.

Read Morechevron_right
Article

As Your Wealth Grows, Think Beyond Your Balance Sheet

June 1, 2023
Article

As Your Wealth Grows, Think Beyond Your Balance Sheet

June 1, 2023

Acquiring wealth is the first step in building a family wealth enterprise, but only just the beginning. Having access to information that helps you manage the complexities of that wealth and avoid future costly mistakes is critical to long-term success.

Read Morechevron_right
Article

Trust but Verify: Enabling Digital Trust Through Compliance

May 31, 2023
Article

Trust but Verify: Enabling Digital Trust Through Compliance

May 31, 2023

Learn what types of reports companies should considered to establish and maintain digital trust in the marketplace.

Read Morechevron_right
Article

Government Appeals Tax Court Decision on Leveraged Partnership Transactions, Anti-Abuse Rules

May 31, 2023
Article

Government Appeals Tax Court Decision on Leveraged Partnership Transactions, Anti-Abuse Rules

May 31, 2023

DOJ files opening brief in appeal of Seventh Circuit of Tax Court's decision in Tribune Media Co. V. Commissioner on leveraged partnership transactions and anti-abuse rules.

Read Morechevron_right
  • Contact
  • Submit RFP
  • Client Center
  • US Locations
  • Global Network
  • Careers
  • Alumni open_in_new
  • Legal & Privacy
  • Compliance & Ethics
  • Sitemap

Subscribe

Sign up to receive the latest BDO news and insights.

SUBSCRIBE NOW
Do Not Sell My Personal Information as to BDO Investigative Due Diligence

Cookie Settings

Copyright © 2023 BDO USA LLP. All rights reserved. BDO USA, LLP, a Delaware limited liability partnership, is the U.S. member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms.