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Source: Wikimedia Commons licensed under CC BY-SA 3.0 Starbucks and Fiat Chrysler face repayments of up to €30 million ($34 million) to Luxembourg and the Netherlands after the European Commission (EC) ruled that both companies were recipients of state aid.

The Kenyan government wants to raise more revenue by reinstating VAT on all oil products, but the proposal would cause a fuel price rise and could reduce the attractiveness of the country as an investment location.

Melissa Lim In the context of the October 5 release of the final package of measures relating to the BEPS project, the Australian Government has signalled its commitment to the BEPS process as evident in the new Treasurer's October 6 media release. The Treasurer highlighted that "Australia is firmly on the right track" in supporting the BEPS measures and outlined Australia's responses to the BEPS action items to date.

Drilona Likaj In 1999, Albania and Switzerland signed an agreement, the main aim of which was the avoidance of double taxation. The general objective of this kind of agreement is to ensure individuals and companies operating and residing in both countries pay the relevant taxes only once, therefore reducing their fiscal burden and facilitating their economic activities.

Michela Chin Mark Conomy On September 30 2015, the executive branch of the Brazilian Government released Provisional Measure 694/2015 (PM 694). Among other items, PM 694 amends the relevant legislation concerning the withholding tax applicable to payments of interest on net equity (INE) as well as introducing a further limitation in relation to the calculation base for such payments.

Igor Vujasinovic On October 14 2015, the House of Peoples of Bosnia and Herzegovina (Upper House of the Parliament) approved the tax treaty signed between Bosnia & Herzegovina and Poland. The treaty was signed in June 2014, and was ratified by Poland on April 8 this year.

Out of the frying pan and into the fire? Oliver’s sugar tax plans could be scuppered

With continuing signs of a more business-friendly attitude from the Indian government, mergers and acquisitions (M&A) activity is picking up once more. Sanjay Sanghvi and Vinita Krishnan of Khaitan & Co analyse the role of ‘tax cursors’ in the successful completion of a transaction.

Guillermo Teijeiro, of Teijeiro & Ballone Abogados, analyses voluntary disclosure programmes available across Latin America, assessing whether such programmes represent a win-win outcome for all involved.

Michela Chin Mark Conomy Provisional measure 692/2015 (PM 692) was released by the executive branch of the Brazilian government on September 22 2015. Among other items, PM 692 amends the tax rates applicable to individuals and certain companies on the capital gain deriving from the sale of assets and rights of any nature.