The 2018 Indian Finance Bill, which signalled an intention to introduce a 10% tax to Long Term Capital Gains when announced on 1 February 2018, has recently entered into force with effect from 1 April 2018.
On 5 December 2017, the European Union (EU) published a list of non-cooperative jurisdictions for tax purposes (‘the EU Blacklist’).
As part of the UK Autumn Budget on 22 November 2017, Chancellor Philip Hammond announced proposals for a new withholding tax on UK sourced royalties.
Ireland releases on 12 September a report on Review of Ireland’s Corporation Tax Code which makes a number of recommendations for future changes to Ireland’s corporation tax regime.
The European Commission's proposal for an Anti-Tax Avoidance Directive creates a minimum level of protection against corporate tax avoidance
Action Plan on Base Erosion and Profit Shifting (BEPS)