UK Launches Profit Diversion Compliance Facility For MNEs

Jason Gorringe, Tax-News.com, London // 14 January, 2019

HM Revenue and Customs has announced plans and guidance for a new Profit Diversion Compliance Facility, which is intended to support multinational companies concerned about their transfer pricing arrangements to resolve any issues with the tax agency.
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Still No Deal On EU Digital Services Tax

Ulrika Lomas, Tax-News.com, Brussels // 07 December, 2018

European finance ministers were again unable to reach an agreement on a proposed digital services tax, despite attempts by Austria, France, and Germany to broker a compromise.
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Switzerland Gearing Up For Corporate Tax Changes

Ulrika Lomas, Tax-News.com, Brussels // 16 November, 2018

The Swiss Government has announced that, in preparation for a major overhaul of the tax system, existing practices on the taxation of principal companies and finance branches will not be applied to new companies as of 2019.
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UK Announces Digital Tax, Corporate Tax Reforms In New Budget

Jason Gorringe, Tax-News.com, London // 02 November, 2018

The UK's 2018 Budget includes changes to tax rules for companies, and notably for multinational groups to conform with the EU's Anti Tax Avoidance Directive. Most significantly, the UK has decided to move ahead of the EU in announcing that it will apply a tax on the turnover of certain digital businesses.
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Switzerland To Exchange CbC Reports More Widely

Ulrika Lomas, Tax-News.com, Brussels // 19 October, 2018

The Swiss Federal Council has decided to expand the list of jurisdictions with which it will exchange country-by-country (CbC) reports.
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