In this issue of the International Corporate Income Tax Brief, we focus not only on developments in corporate taxes but also on personal income tax topics related to employees and natural persons. In addition, we also report on tax cases from France, Belgium and the Netherlands.

Welcome to the first issue of the International Corporate Income Tax Brief (ICIT), produced by Moore Global’s ICIT Group in order to highlight tax news of wider interest from selected countries. Our intention is to bring you this brief on a regular basis to keep clients up-to-date with relevant tax news.

Welcome to this issue of Moore Global’s Transfer Pricing Brief, with a special focus on the Latin American Region.

The higher emission targets under the European Union’s (EU) Green Deal put great pressure on the economy, especially its energy- and resource-intensive industries. Companies face the challenge of setting themselves up as sustainable, future-proof and attractive investment projects.

Individuals who are US citizens and those who are considered domiciled in the US are subject to US estate and gift tax on a worldwide basis.

VAT Rates and thresholds in the European Union correct as at 1 January 2020

As of 1 January 2020, the biggest changes in the EU-wide VAT system within the last 25 years enter into force to improve the VAT rules for EU cross-border supplies.

In 2018 France replaced its previous wealth tax with a wealth tax that applies to real estate assets only, the so called “IFI” (Impôt sur la Fortune Immobilière). There was some uncertainty initially around the question of deductible debt and the qualification of exempt real estate assets. This note sets out the current position two years on since the introduction of the IFI.  
 

Moore Global responds to the OECD consultation document 'Secretariat proposal for a "unified approach" to Pillar One'.

Moore Global appreciates the work that has been carried out by the OECD in this area to date and welcomes the opportunity to provide its comments and views on the complex area presented.