Chris Morgan reviews recent developments in the international tax sphere, including: the two changes to the CFC exemption contained in FB 2014; a summary of the CJEU’s rejection of the UK’s FTT challenge; proposed amendments to the EU’s Parent-Subsidiary Directive; and updates from India and Germany
For the last few months I have started my article with an update on what has been going on with the OECD’s action plan on base erosion and profit shifting (BEPS) and there is usually plenty to write about. Readers may be relieved to know that things have been a little quieter over the last month not because the OECD has eased its breakneck pace but because the deadlines have now passed for the submission of comments on the first batch of discussion drafts and the...
