Quarterly Tax Newsletters
01 Jan 2016
In this issue noteworthy tax changes and amendments are provided from around the world, and each is followed by a PKF commentary which provides further insight and information. In the Q4 2015 issue we see the impact of the OECD’s BEPS initiatives continuing with Australia proposing to expand its GST rules to capture overseas online transactions (digital products and services), Belgium’s proposed introduction of a “Cayman tax” which focusses on individuals who have parked assets abroad using lowly taxed foreign legal structures, and China’s discussion draft on ‘Implementation Measures of Special Tax Adjustments’ which seeks to escalate China’s transfer pricing practice and anti-tax avoidance regulations. In addition, Mexico, the Netherlands and Spain all introduce transfer pricing requirements in line with the OECD BEPS Action Point 13.
PKF members are happy to assist you with any further information or advice that you may require, and contact information is provided at the end of each PKF commentary. To find a member firm, please click here.
We hope that you will find the PKF Worldwide Tax Update newsletter of interest and please do contact us if you would like further information or advice on any tax matter featured. The December 2015 Worldwide Tax Update may be downloaded from the link below: