International Tax Round-up - August 2019

This publication gives an overview of key international tax developments across the Linklaters network. 

Topics include:

EU Developments
  • Commission notice on the recovery of unlawful and incompatible state aid
Germany
  • Real Estate Transfer Tax reform
  • Cum/Ex – Cologne tax court rejects action
Italy
  • Tax ruling on Italian withholding tax exemption on loan interest derived by institutional investors
Luxembourg
  • Publication of the draft bill of law implementing ATAD 2 into Luxembourg domestic law
Netherlands
  • Legislative proposal on the implementation of anti-hybrid mismatch rules (ATAD 2)
  • Legislative proposal on the Netherlands implementation of the Mandatory Disclosure Directive published (DAC 6)
Portugal
  • Non-habitual tax residents' regime
Sweden
  • New tax ruling on permanent establishments
  • EU Tax Dispute Resolution Directive transposed into domestic legislation
  • Protocol to treaty between Sweden and Switzerland signed
  • Legislative changes 
United Kingdom
  • Publication of draft clauses for Finance Bill 2019-2020
  • Draft rules to implement DAC 6 obligations to disclose cross-border tax planning arrangements
  • UK challenge to CFC state aid finding

For further information please get in touch with your usual Linklaters tax contact.

Please click here to read the publication.