Details

  • Service: Tax
  • Industry: Financial Services, Industrial Markets, Consumer Markets, Information, Communication and Entertainment, Infrastructure, Government and Healthcare, Funding Agencies, Private Equity, Japanese Practice
  • Type: Publication series, Regulatory update
  • Date: 2/9/2012

TaxNewsFlash February 2012 

This TaxNewsFlash highlights a recent change which is of interest to taxpayers facing adjustments to certain cross border transactions.
Included within Government Regulation 74 issued on 29 December 2011 is a crucial change to the position for taxpayers facing adjustments which might result in double taxation. The regulation covers a number of issues regarding the rights and obligations of taxpayers, but this TaxNewsFlash covers only the changes relating to Mutual Agreement Procedures (MAP).