What to know about the EU Mandatory Disclosure Rules (DAC 6)

On May 25, 2018, the most recent amendments to the Directive on administrative cooperation in the field of taxation (“DAC 6”), which introduce mandatory disclosure requirements for tax intermediaries and relevant taxpayers. EU Member States have until December 31, 2019 to change their domestic law, which will be applicable from July 1, 2020.

Swiss tax reform moves forward

While signatures are being collected to vote on the latest tax reform, the Swiss Federal Tax Administration recently announced that it will no longer apply federal practices concerning principal companies and Swiss finance branches to new companies from 2019.

Penalties and legal proceedings for non-filing of a tax return in India

Foreign companies may attract penalties and prosecution proceedings for non-filing of a tax return in India.

Indian Union Budget Event 2018

Our next Indian Union Budget Event on 25 April 2018 is designed to present a synopsis and detailed analysis of the Union Budget 2018 - 2019 which was presented to Parliament on 1 February 2018 by the Finance Minister Arun Jaitley.

Tax Proposal 17 – Canton of Lucerne comments on the Federal Council’s dispatch on the Tax Proposal 17

The Governing Council of Lucerne commented the Federal Council's dispatch on the Tax Proposal 17 (TP17). Lucerne’s Finance Director Marcel Schwerzmann acknowledges the urgency of a corporate tax reform and supports the approach of the Federal Council.

Steuervorlage 17 – Kanton Zug nimmt Stellung

Der Zuger Finanzdirektor, Heinz Tännler, strich die Dringlichkeit einer Steuerreform hervor. Die zügige Verabschiedung der SV17 schaffe Rechtssicherheit und liege im Interesse der ganzen Schweiz. Weiter sei die Reform auch essenziell für die Attraktivität des Standorts Zug im Hinblick auf den internationalen Steuerwettbewerb.