November 20, 2012 | Having difficulty viewing this email? View the online version

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Tax-News.com carries topical headlines and features on international tax, legal, economics, business and investment issues.

 

 

Latest Tax-News Special Feature

 

Malta Holding Companies Review 2012/13

Malta, like Cyprus, has been obliged to dismantle its old 'offshore' companies regime as a trade-off for joining the European Union. EU membership has, however, brought about certain benefits for Maltese companies trading across borders, and, coupled with investment-friendly government policies and some interesting tax planning opportunities, Malta remains one of the most favourable places in the EU in which to locate an international holding company.

 

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Latest Tax News

 

Schaeuble's Last Stand On Swiss-German Tax Deal

In a last ditch attempt to salvage the tax deal concluded with Switzerland, German Finance Minister Wolfgang Schaeuble reportedly plans to make the federal states a lucrative offer with which to secure their approval for the treaty in the Bundesrat, Germany's upper house of parliament.
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De Gucht Looks For EU-Mexico FTA Renegotiation

In a speech made during his recent visit to Mexico City, Karel De Gucht, the European Commissioner for Trade, looked forward to a renegotiation of the existing European Union-Mexico free trade agreement, in order to encourage further development of their existing successful commercial relationship.
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ATO Demands Apple Pay AUD28.5m In Back Taxes

The Australian Taxation Office is seeking AUD28.5m (USD29.5m) in back taxes from technology giant Apple, but further details of the demand have not yet come to light.
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Italian Parliament Agrees Stability Law Changes

The lower house of the Italian parliament has approved the restructuring of the government's latest tax package, following the recent agreement reached between Economy Minister Vittorio Grilli and leading politicians from the majority parliamentary coalition.
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Austrian Parliament Gives Go-Ahead To 2013 Budget

The Austrian National Council has recently adopted the country's 2013 budget, providing for new tax revenues from the bilateral withholding tax agreement concluded with Switzerland, and from the introduction of a financial transactions tax.
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