Russia: Main Changes To Company Taxation In 2020

Over the past year, Parliament has adopted several laws amending the Tax Code regarding the taxation of legal entities. This article examines the most significant tax innovations expected in the corporate sector in 2020.
Corporate income tax
The Multilateral Convention to Implement Tax Treaty-Related Measures to Prevent Base Erosion and Profit Shifting will take effect from 1 January 2020, after which Russian companies will make payments taxed at the source of income (eg, interest, dividends and […]

By |January 7th, 2020|

Argentina Presents Yet Another Example Of Abusive Or Aggressive Tax Collection

The European Union (EU), as well as the Organisation for Economic Cooperation and Development (OECD), have been cracking down on concepts such as ‘tax abuse’ and ‘aggressive tax planning’. Tax abuse is normally referred as to the achievement of improper tax benefits circumventing the ‘spirit of the law’ by using a structure absent of valid commercial reasons. The concept of tax abuse likely stems from the concept of abuse de droit or abuse of rights that came […]

By |January 6th, 2020|

French Parliament Passes GAFA Tax

On July 11, 2019, the French Parliament adopted the bill creating a tax on digital services, applicable as from January 1, 2019.
Failed International Attempts
The desire to adjust tax policy in the digital age is not new.

The Organization for Economic Co-operation and Development (“OECD”) has addressed the matter for more than 20 years and recently published a report on “Tax Challenges Raised by Digitization” (2018). However, the organization has so far obtained only a tentative […]

By |July 15th, 2019|