Turkey Tax News
Changes to withholding tax rates on interest paid to non-resident companies
Treaty between Turkey and Saudi Arabia ratified
Treaty between Ireland and Turkey signed
Treaty between Finland and Turkey – negotiations
Withholding rates on capital gains for residents reduced to zero
ECJ: Advocate General finds French legislation on group consolidation excluding lower-tier subsidiaries indirectly owned through companies resident in other Member States justifiable restriction on EC freedom of establishment – details
ECJ: Advocate General finds Belgian withholding tax on interest paid to companies resident in other Member States compatible with EC freedom of establishment – details
Preliminary ruling requested from ECJ regarding Belgian anti-abuse provision concerning exceptional and gratuitous advantages
Preliminary ruling requested from ECJ on interpretation of EC Parent-Subsidiary Directive with respect to Italian tax on dividend adjustment (General Beverage)
OECD released 2008 Model Tax Convention
ECJ: Advocate General finds French legislation on group consolidation excluding lower-tier subsidiaries indirectly owned through companies in other Member States justifiable restriction on EC freedom of establishment
Treaty between Turkey and Austria – details
Discussion draft on New Art. 7 of OECD Model – details
OECD Council approves 2008 Model Tax Convention
Preliminary ruling requested from ECJ on interpretation of Merger Directive in connection with scheme to avoid Netherlands property transfer tax
Comments on draft contents of 2008 update to Model Tax Convention published
APA application fee introduced
ECJ: Netherlands refund regime for investment funds incompatible with EC free movement of capital
European Commission takes steps against Bulgaria, Portugal, Romania and Spain concerning taxation of dividends
Treaty between Switzerland and Turkey signed
ECJ: Decision by reasoned order in UK CFC and foreign dividend test case
Treaty between Qatar and Turkey enters into force
European Commission closes infringement procedure against Luxembourg concerning taxation of dividends
Draft of 2008 Model Tax Convention – Proposed changes to Commentary to Art. 12 (definition of royalties)
ECJ: Advocate General finds Belgian rules on inclusion of dividends in taxable base followed by 95% deduction insofar as parent company makes profits incompatible with Parent-Subsidiary Directive – details
ECJ: Non-deductibility of foreign PE losses in Germany compatible with EC freedom of establishment
Treaty between Turkey and Bahrain enters into force
European Commission refers Netherlands to ECJ for not exempting dividends paid to companies established in certain EFTA countries from withholding tax
Treaty between Turkey and Austria signed
ECJ: 5% add-back of tax credits for withholding tax at source abroad compatible with Parent-Subsidiary Directive
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