International Tax News Blog

Archives: October 2019

Subscribe
  • Court Sustains European Commission’s Meddling in Transfer Pricing

    TaxNotes Logo

    By Lee Sheppard

    In news analysis, Lee A. Sheppard examines the Starbucks and Fiat state aid cases, both decided by the General Court of the European Union, asking how to reconcile the different outcomes 

    To read more go here Subscription Required

    By Sheppard, Lee, posted on Tuesday October 15, 2019
  • TCJA Corrections: Some Technical, Some Not

    TaxNotes Logo 

    By Mindy Herzfeld

    In the second in a series reviewing provisions that could be included in upcoming tax legislation, Mindy Herzfeld looks at recent proposals to address both extenders and technical corrections to the Tax Cuts and Jobs Act.

    To read more go here Subscription Required

    By Mindy Herzfeld, posted on Tuesday October 15, 2019
  • Hypothetical Distribution, Part 2: Determining Pro Rata GILTI Items

    TaxNotes Logo

    By Carrie Brandon Elliot

    Carrie Brandon Elliot reviews how hypothetical distribution rules for determining pro rata shares of subpart F income are modified to determine pro rata shares of GILTI items. 

    To read more go here Subscription Required

    By Carrie Brandon Elliot, posted on Tuesday October 15, 2019
  • An Alternative Solution for France’s Digital Services Tax

    TaxNotes Logo

    By Jeff Ferry, Bill Parks, Arpan Dahal 

    France’s new digital services tax aimed at internet companies has raised good questions about the best system for taxing corporate income in the internet age. 

    To read more go here Subscription Required

    By Jeff Ferry, Bill Parks, Arpan Dahal , posted on Monday October 14, 2019
  • Digital Service Taxes and the Broader Shift From Determining the Source of Income to Taxing Location-Specific Rents

    Logo SSRNBy Daniel Shaviro

    Market countries that use novel tax instruments, such as properly designed digital services taxes (DSTs) to expand their capacity to reach such location-specific rents, are not acting unreasonably. Whether they prove permanent or merely transitional, DSTs look like harbingers of a new era in which entity-level corporate taxation rightly focuses more on locational rents, and less on decades-old doctrinal and semantic debates concerning the supposedly “true” source of economic income and value creation.

    To read more go here Subscription Required
    By Daniel Shaviro, posted on Thursday October 17, 2019
  • United Kingdom Tax Agency Issues Policy Paper on Amendments to Offshore Intangible Income Legislation

    BloombergBy HM Revenue & Customs

    The United Kingdom HM Revenue and Customs Oct. 14 issued a policy paper on amendments to offshore intangible income legislation, which taxes the income received by entities in low tax jurisdictions from U.K. sales of intangible property.

    To read more go here Subscription Required
    By HM Revenue & Customs, posted on Thursday October 17, 2019
  • Tech Giants Hit With Digital Tax Under Italian Budget Plan

    BloombergBy Janna Brancolini

    Italy will join France and Austria in taxing tech giants such as Apple Inc. and Facebook Inc. starting in 2020, the government said Oct. 16 in its budget plans.

    To read more go here Subscription Required
    By Janna Brancolini, posted on Thursday October 17, 2019
  • Tech Groups Press U.S. to Fight Mexico’s Digital Tax Plan

    BloombergBy Isabel Gottlieb and Suman Naishadham

    Mexico’s lawmakers are preparing to vote on boosting tax collection from digital companies, and major U.S. tech industry groups are trying to enlist the U.S. government to fight the effort.

    To read more go here Subscription Required
    By Isabel Gottlieb and Suman Naishadham, posted on Thursday October 17, 2019
  • Countries Can Better Tax Gains from Offshore Sales: Economists

    BloombergBy Isabel Gottlieb

    Developing countries often lose revenue when they can’t tax capital gains from sales of assets in their country made offshore—but they could close those gaps, two IMF economists said.

    To read more go here Subscription Required
    By Isabel Gottlieb, posted on Thursday October 17, 2019
  • Shipping Industry Pushes for Exemption from OECD Tax Plan

    BloombergBy Lydia O'Neal

    A rewrite of international tax rules for the modern digital economy shouldn’t apply to shipping businesses, a shipping industry group said.

    To read more go here Subscription Required
    By Lydia O'Neal, posted on Thursday October 17, 2019


Read More International Tax News