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holding company News

Netherlands Consults On Dividend Tax Changes

by Ulrika Lomas,, Brussels

Wednesday, May 31, 2017

The Dutch Finance Ministry has opened an internet consultation on proposed changes to the Dutch dividend tax regime, which would expand the withholding tax exemption on distributions to shareholders in tax treaty countries. Read Full Story


German State Receives 'MaltaLeaks' Data

by Ulrika Lomas,, Brussels

Friday, May 12, 2017

The German state of North Rhine-Westphalia has obtained information, which it claims shows how thousands of owners of companies registered in Malta are avoiding German taxes "in a big way." Read Full Story


EU: Switzerland Should Move Quickly On Tax Reform

by Ulrika Lomas,, Brussels

Wednesday, March 1, 2017

The European Council has urged Switzerland to take swift action to reform its corporate tax system in the wake of last month's referendum result. Read Full Story


McDonald's To Shift Tax Base To UK

by Ulrika Lomas,, Brussels

Monday, December 12, 2016

McDonald's has confirmed that it is restructuring some of its operations so that it will pay tax on most of its non-US royalties in the United Kingdom instead of in Luxembourg. Read Full Story


NZ Says Employee Car Parks Excluded From Fringe Benefit Tax

by Mary Swire,, Hong Kong

Monday, November 30, 2015

New Zealand's Inland Revenue Department has clarified that the fringe benefit tax does not apply to car parking spaces provided to employees by their employers. Read Full Story


Sri Lankan Lawmakers Approve Numerous One-Off Levies

by Mary Swire,, Hong Kong

Friday, October 30, 2015

On October 20, 2015, Sri Lanka's Government passed several amendments to implement tax proposals announced in the 2015 Interim Budget. Read Full Story


Dixcart Releases Guide On UK's Diverted Profits Tax

by Jason Gorringe,, London

Friday, April 17, 2015

Dixcart, an international business support services provider, has released a new guide on the UK's Diverted Profits Tax, which was altered ahead of its introduction on April 1, 2015. Read Full Story


South Africa Guides On Corporate Residency

by Lorys Charalambous,, Cyprus

Thursday, April 16, 2015

The South African Revenue Service has issued a revised draft interpretation note that discusses the principles and guidelines for considering the "place of effective management" in determining the tax residence of a company. Read Full Story


Walgreen Completes 'Non-Inversion' With Alliance Boots

by Mike Godfrey,, Washington

Friday, January 2, 2015

On December 31, Walgreen Co. completed its combination with Alliance Boots GmbH to form Walgreens Boots Alliance, Inc, with its headquarters remaining in the United States, rather than being transferred abroad by way of a "corporate inversion." Read Full Story


PwC Singapore Suggests Budget 2015 Measures

by Mary Swire,, Hong Kong

Tuesday, December 2, 2014

PwC Singapore has released its annual tax policy recommendations, which have been compiled in response to an ongoing Ministry of Finance pre-Budget consultation on tax and spending measures. Read Full Story



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