19 February 2023 U.S. International Tax This Week for February 17 Ernst & Young's U.S. International Tax This Week newsletter for the week ending February 17 is now available. Prepared by Ernst & Young's International Tax Services group, this weekly update summarizes important news, cases, and other developments in international taxation.
What multinationals need to do to prepare for the OECD's BEPS 2.0 Pillar 2 project Asean Mobility Spotlight (January 2023) BEPS 2.0: New Administrative Guidance and implementation activity on Pillar Two (February 28) Are you Pillar Two-ready? | Banking and Capital Markets: Current industry insights (March 8) Pillar Two administrative guidance and safe harbors: implications for US multinationals (March 9) — Feb 16: US Department of State to launch pilot program for domestic visa renewal (Tax Alert 2023-0297) — Feb 16: South Africa's President announces significant immigration changes expected in the future (Tax Alert 2023-0295) — Feb 16: Kenya gazettes Income Tax (Financial Derivatives) Regulations, 2023 (Tax Alert 2023-0288) — Feb 14: Botswana's Government presents 2023 Budget to Parliament (Tax Alert 2023-0277) — Feb 13: Kenya High Court dismisses petitions challenging imposition of VAT on exported services (Tax Alert 2023-0271) — Feb 13: Uganda mandates all companies to file beneficial owner's information (Tax Alert 2023-0269) — Feb 10: Kenya proposes amendments to Excise Duty Regulations (Tax Alert 2023-0253) — Feb 16: Chinese authorities resume visa issuance and 72/144-hour visa-free transit policy for South Korean nationals (Tax Alert 2023-0296) — Feb 16: Malaysia introduces new Multiple Entry Visa for business visitors and other travelers (Tax Alert 2023-0294) — Feb 10: Japan submits draft legislation to implement IIR to align with OECD BEPS 2.0 Pillar Two (Tax Alert 2023-0263) — Feb 16: Northwest Territories budget 2023-24 discussed (Tax Alert 2023-0305) — Feb 16: US stock buyback excise tax has potential implications for Canadian public companies (Tax Alert 2023-0304) — Feb 16: Canada releases semi-annual list of trade compliance verification priorities (Tax Alert 2023-0303) — Feb 16: Brazilian Supreme Court overrules use of res judicata in cases where such use is against the Supreme Court's holding (Tax Alert 2023-0302) — Feb 15: Costa Rica is added to EU list of non-cooperative jurisdictions (Annex I) for the first time (Tax Alert 2023-0283) — Feb 14: Uruguayan Tax Authority publishes adjustments in interest taxation under Double Tax Treaty between Chile and Uruguay (Tax Alert 2023-0280) — Feb 16: Switzerland significantly increases safe harbor interest rates for 2023 (Tax Alert 2023-0309) — Feb 16: Bulgaria introduces major changes relating to EU Blue cards (Tax Alert 2023-0292) — Feb 16: Germany's updated EU list of non-cooperative jurisdictions may trigger significant German tax consequences for business relationships with Russia (Tax Alert 2023-0291) — Feb 16: Spain releases final List of Non-Cooperative Jurisdictions for Tax Purposes (Tax Alert 2023-0290) — Feb 15: ECOFIN adopts revised list of non-cooperative jurisdictions for tax purposes (Tax Alert 2023-0281) — Feb 13: Germany implements new UBO reporting obligations for foreign entities with direct or indirect ownership in German real estate (Tax Alert 2023-0270) — Feb 16: UAE announces launch of new re-entry permit service for residence visa holders who stay outside the UAE for six months or more (Tax Alert 2023-0293) — Feb 15: Turkey reduces withholding tax to 0% on share-buy-back transactions (Tax Alert 2023-0286) — Feb 14: Qatar enacts amendments to Income Tax Law (Tax Alert 2023-0278) — Feb 15: Global Tax Policy and Controversy Watch | February 2023 edition (Tax Alert 2023-0284) — Feb 10: OECD/G20 Inclusive Framework releases Administrative Guidance under Pillar Two GloBE Rules: Detailed Review (Tax Alert 2023-0256)
EY’s Tax News Update, the leading source for news, analysis, and reference materials for corporate tax professionals, has a variety of content of interest to international tax practitioners, including: EY’s Tax and Law Guides. — Tax and Law Guides | EY - Global is your guide to planning ventures in the global economy, offering a wealth of tax and business knowledge on more than 150 countries. Because the matters covered herein are complicated, U.S. International Tax This Week should not be regarded as offering a complete explanation and should not be used for making decisions. Any decision concerning matters covered herein should be reviewed with a qualified tax advisor. Document ID: 2023-0310 | ||||