BDO World Wide Tax News - Issue 49

This newsletter summarises recent tax developments of international interest across the world. In this issue:

• THE NETHERLANDS: 2019 Tax Budget
• HONG KONG: Enhanced tax deduction for research & development expenditure
• INDIA: Services for processing card payment transactions create a permanent establishment
• SINGAPORE: Change to basis of assessment for service companies
• GERMANY: Plans to extend taxation of non-resident capital gains resulting from the sale of shares in real estate-rich corporations / Developments in relation to tax compliance management systems
• HUNGARY: Recent tax changes
• NORWAY: National budget 2019
• POLAND: Innovation box - 5% tax rate on intellectual property rights income and other preferences
• UNITED KINGDOM: 2018 Budget
• ARGENTINA: Budget Bill 2019 – Fiscal amendments
• BRAZIL: Implementation of ownership disclosure requirements for Brazilian corporate taxpayers
• CHILE: Automatic exchange of information for financial institutions in Chile - From FACTA to GATCA
• PANAMA: BEPS-related changes to Panama’s special tax regimes
• UNITED STATES: Proposed removal of Section 385 Documentation Regulations
• MAURITIUS: Changes to global business regime
• UGANDA: Limitation on interest deductions and other payments