Chris Morgan (KPMG) provides a review of recent global developments, including: the diverted profits tax; updates from the OECD; the FII GLO High Court decision; ECOFIN, and tax news from Japan, Brazil, Norway and Luxembourg.
Since my last article in November we have seen an Autumn Statement and draft clauses for Finance Bill 2015 published in the UK. By far the most significant announcement in the international tax area was the new 25% diverted profits tax. This has two broadly defined aims:
However ...
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Chris Morgan (KPMG) provides a review of recent global developments, including: the diverted profits tax; updates from the OECD; the FII GLO High Court decision; ECOFIN, and tax news from Japan, Brazil, Norway and Luxembourg.
Since my last article in November we have seen an Autumn Statement and draft clauses for Finance Bill 2015 published in the UK. By far the most significant announcement in the international tax area was the new 25% diverted profits tax. This has two broadly defined aims:
However ...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes: