Los impuestos en el mundo. Actualización al 23-May-2016

Canada Canada Signs International CbC Reporting Agreement Canada has signed the Multilateral Competent Authority Agreement on country-by-country reporting. The first information exchanges are expected to take place in June 2018. China China Confirms Export Support, As US Hikes Steel Duties The day after the US Department of Commerce imposed final anti-dumping and anti-subsidy countervailing duty on imports from China of cold-rolled steel flat products, the Chinese Ministry of Finance issued a policy document confirming its financial support to the domestic steel industry, including export duty rebates. Switzerland, China Talk Tax The Swiss Federal Council has said that tax issues were discussed during a recent visit by a high-level Chinese official. EU Italian Law Firm Urges Improved EU MAP Framework A mandatory, binding mutual agreement procedure is needed to guarantee legal certainty and boost cross-border economic relations in the EU, Italian law firm Maisto e Associati has told the European Commission. Italy Welcomes EU Approval Of Budget Flexibility In a letter dated May 16, the European Commission has indicated that it will grant additional budget flexibility to Italy in 2016, subject to a commitment from the Italian Government that it will comply with the European Union's Stability and Growth Pact in 2017. TAXE2 Urges Further EU Action On MNE Tax, BEPS The European Parliament's TAXE2 Committee has called on the European Commission to go further on tackling multinational tax avoidance. UK India Allowed To Appeal Landmark Vodafone Ruling The Indian Supreme Court has admitted the Income Tax Department's appeal against the Bombay High Court's ruling delivered in favor of UK telecom giant Vodafone in a transfer pricing dispute worth INR85bn (USD1.27bn). UK Urged To Postpone Quarterly Filing Plans The UK's Association of Taxation Technicians has called on HM Revenue and Customs to postpone the introduction of quarterly digital reporting by at least a year. HMRC Cracks Down On Payroll Tax Errors The UK tax agency, HM Revenue and Customs, has collected an extra GBP737.3m (USD1.1bn) in levies payable by employers after challenging tax avoidance arrangements and identifying errors, according to UHY Hacker Young. UK Interest Deductibility Rules Could Increase Business Burdens Professional services firm KPMG has warned that the UK's proposed new rules on the tax deductibility of corporate interest expense could increase businesses' financial and administrative burdens. UK Sugar Tax To Enter Into Force In 2018 The UK Government has confirmed in the Queen's Speech that it will introduce legislation to establish a "soft drinks industry levy." US US Companies Slow To Implement New Leasing Standard A survey by LeaseAccelerator has found a low level of market readiness for the implementation of the new US Generally Accepted Accounting Principles lease accounting standard announced earlier this year by the Financial Accounting Standards Board. Retailers Plug Lower US Prices After TPP Tariff Cuts In a recent paper, the National Retail Federation argued that the Trans-Pacific Partnership trade treaty would greatly benefit American retailers and consumers by lowering US tariffs on imported goods. CbC Reporting Remains Of Concern For US: Boustany During a recent hearing on US tax reform, House of Representatives Ways and Means Tax Policy Subcommittee Chairman Charles Boustany expressed his continuing concern regarding the operation of the proposed US Treasury regulations on country-by-country reporting. Taxpayers Require 'Meaningful Access' To IRS: AICPA Troy Lewis, Chair of the American Institute of Certified Public Accountants' Tax Executive Committee, said that "timely and meaningful access" to the US Internal Revenue Service is of the most importance to taxpayers and tax preparers. US Urged To Oppose BEPS Project A coalition of 20 tax advocacy organizations, led by US-based think tank Center for Freedom and Prosperity, has urged the Congress to oppose the OECD's base erosion and profit shifting (BEPS) project, stating that the project is against the interest of US corporations. Hatch Holds Hearing On US Corporate Tax Integration On May 17, further to his proposal for reform that would integrate the corporate and individual US tax codes, Senate Finance Committee Chairman Orrin Hatch held a hearing on a measure that would allow US corporations to deduct dividends paid from their tax calculations. TPP To Slash Taxes For US Exporters On May 18, the US International Trade Commission released its report assessing the likely impact in the United States of the provisions, including tariff cuts, in the Trans-Pacific Partnership trade treaty. Otros temas CFIB Calls For Tax Relief For Canada's Small Businesses The Canadian Federation of Independent Business has called on the Standing Committee on Finance to support a range of tax reliefs for small businesses in its report on Budget 2016. Otros temas IMF Urges Poland To Ditch Bank Tax The International Monetary Fund has advised Poland to replace a controversial tax on the assets of certain financial institutions with a more "growth-friendly" alternative.