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The Swiss Federal Council has announced its support for the proposed changes to Switzerland's corporate tax framework, known as Corporate Tax Reform III, ahead of a referendum on the issue due to take place early next year. Read Full Story
The Irish Revenue has published practical guidance on the Knowledge Development Box, a special regime for the taxation of income arising from intellectual property. Read Full Story
During visits to businesses in Piemonte on July 19, Premier Matteo Renzi committed his Government to the extension of tax measures to help Italian businesses invest and create new jobs. Read Full Story
Ukraine and Austria have agreed to sign a protocol to their double taxation agreement to increase withholding tax rates on dividends, interest, and royalty income. Read Full Story
On June 14, 2016, the Swiss National Council voted in favor of the Corporate Tax Reform Law III, which contains several measures aimed at bolstering the country's international standing and competitiveness. Read Full Story
In a recent circular, the Italian Revenue Agency has agreed an extension of 30 days to the period of time businesses have to complete their applications to take advantage of Italy's "patent box" in its first operational fiscal year. Read Full Story
Indian Finance Minister Arun Jaitley has unveiled the nation's 2016 Budget, which includes a slew of measures, including significant announcements in the area of international tax law. Read Full Story
By end-December 2015, the number of Italian businesses that had applied to take advantage of Italy's "patent box" in its first operational fiscal year had reached a greater-than-expected 4,500. Read Full Story
Ireland continues to be the most effective country in the European Union, and the sixth most effective country in the world, for paying business taxes, according to a newly launched World Bank/PwC report covering 189 economies worldwide. Read Full Story
The Australian Government has announced plans to provide tax breaks for early-stage investors, relax the "same business test," and remove rules that limit depreciation deductions for some intangible assets. Read Full Story
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