The Tax Cuts and Jobs Act went into effect this year and brought significant changes to rules governing meals and entertainment deductions.
Canada’s goods and services tax/harmonized sales tax is required when a non-resident company makes supplies (or sales) in Canada while carrying on business in the country.
The Official Gazette published Private Ruling 45/2018, which clarifies the deduction of interest on net equity.
Italy’s 2018 budget measures have changes that will affect multinationals operating in Italy and trading with Italian businesses.
The European Commission has confirmed that it is moving forward with proposals to impose a 3 percent digital tax.
On March 15, 2018, Finance Act 2018 passed into law, enacting several changes to the taxation of partnerships.
HMRC has published final corporate interest restriction (CIR) guidance, including confirmation of the administrative process.
In accordance with Automatic Exchange of Information requirements, account holders or controlling persons of Hong Kong financial institutions must report their tax-residency status.
The Italian government has introduced mandatory B2B e-invoicing.
The Inland Revenue Authority of Singapore has revised and expanded its transfer pricing guidelines.
India has released its Budget 2018-2019, which includes measures to promote the growth of venture capital funds and angel investors.
Canada released its 2018 Budget Plan, which includes “rules aimed at ensuring that non-residents pay their fair share of tax on income derived from Canadian sources.”