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  • Technology companies may feel targeted by the UK’s budget, which introduced measures that will hit companies including Amazon, eBay, Google, Facebook and Twitter, but there were also some sweeteners to encourage post-Brexit economic prosperity.
  • The Italian Senate is considering introducing a digital sales tax to tackle the problem of tax avoidance by tech companies. This would take the form of an equalisation tax on the turnover of digitalised companies.
  • Robert Pakpahan will be the new director general of taxation at the Indonesian tax authority, taking over the post from Ken Dwijugiasteadi when he retires.
  • The European Union is about to release a blacklist of uncooperative tax jurisdictions as part of the international effort to crackdown on tax avoidance. The blacklist has sparked speculation over which countries are most under threat.
  • Chris Harker Jessica Riley The New Zealand government released a discussion document late last year, outlining proposals to simplify and modernise the Tax Administration Act. The proposals are one aspect of Inland Revenue's broader business transformation project.
  • Sponsored by Eurofast Egypt
    The Egyptian President Abdel Fatah El Sisi issued Presidential Decree No. 155 of 2016 on February 23 2017, ratifying the double tax treaty concluded between Egypt and Kuwait on December 16 2014.
  • The Year of the Rooster will soon give way to the Year of the Dog. China begins 2018 with the administration of President Xi Jinping entering its second term (2017 to 2022), following the 19th National Congress of the Communist Party of China (CPC) in October 2017. At the same time, China's 13th five-year plan (2016 to 2020) enters its core phase.
  • In 2018, multinational enterprises (MNEs) should in particular be on alert for the following anticipated China tax developments.
  • It's been a busy year for China's tax system, and more is still to come.
  • In 2017, China's State Administration of Taxation (SAT) completed its multi-year TP legislation overhaul by issuing Announcement 6 on special tax adjustments, investigations and MAP. With a distinct anti-avoidance flavour, Announcement 6 preludes the escalation and growing complexity of TP enforcement in China. Cheng Chi, Xiaoyue Wang, Kelly Liao, Mimi Wang and Rafael Miraglia discuss.
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