News 2022-11-09T11:27:34+01:00

NEWS

Law & Numbers is welcoming a new member: Portugal (represented by João Valadas Coriel of Valadas Coriel & Associados)

We are pleased to welcome João Valadas Coriel to our international network of tax lawyers as a new Portuguese member of our network. Who is João Valadas Coriel ? João Valadas Coriel is an Attorney at law specialised in tax law, registered with the Lisbon Bar. He works in Portuguese, English, French, Spanish and Italian. His practice areas [...]

DAC 6 Directive and local implementation in European Union (EU)

DAC 6 is an EU Directive that introduces Mandatory Disclosure Obligations for a wide range of cross-border tax arrangements. EU Countries have aligned their national laws quite closely to the DAC6 Directive but some countries went beyond the content of such Directive adding extra requirements. Addressing these differences is the purpose of this COUNTRY PER COUNTRY review. Click [...]

Tax regime holding companies (as at January 1st, 2021)

To consult the table, please click here : Law & Numbers - table on tax regime of holding companies

Tax News Hungary : SUPREME COURT: VAT ON BAD DEBTS IS TO BE REFUNDED

In its verdicts in the Di Mauro and the Porr cases, the ECJ has given a green light to the reclaim of VAT on bad debts. Notwithstanding, Hungarian taxpayers still had to launch domestic procedures to enforce their rights to reclaim. The Hungarian Supreme Court has recently announced its first decisions in such cases, for the benefit of [...]

Tax News Hungary : NAV TO HAVE ACCESS TO DUBAI-BASED SHELL COMPANIES’ DATA

Based on a new OECD standard, tax authorities will be better placed to monitor the activities of companies registered in tax havens and to access their key financial data. Although it remains to be seen how the Hungarian tax authority will use this information, several popular tax minimisation strategies may be affected. To read the full article, click [...]

Interview with Mr. Bernard Felten of Felten & Associés (Luxembourg)

  Bernard Felten Luxembourg member of the network Felten & Associés   Network coordinator : Hello Bernard You represent Luxembourg in our Law & Numbers network of tax lawyers. We would like to get to know you a little better. If you agree, we will ask you some questions. Bernard Felten : My pleasure ! Network coordinator : [...]

Interview with Mr. Ambrogio Novelli from «Studio Legale Novelli» (Italy)

  Ambrogio Novelli Italian member of the network Studio Legale Novelli     Network coordinator: Hello Mr. Novelli, You represent Italy in our Law & Numbers network of tax lawyers. We would like to get to know you a little better. If you agree, we will ask you some questions. Ambrogio Novelli : Yes, with great pleasure. Network [...]

Interview with Pál Jalsovszky from Jalsovszky Law Firm, Budapest (Hungary)

  Pál Jalsovszky Hungarian Member of the network Jalsovszky Law Firm Network coordinator : Hello Pál, You represent Hungary in our Law & Numbers network of tax lawyers. We would like to get to know you a little better. If you agree, we will ask you some questions. Network coordinator : What was your background that led you [...]

Law & Numbers is welcoming a new member: Germany (represented by Christoph Möslein of BAY GmbH)

We are extremely pleased to welcome Christoph Möslein to our international network of tax lawyers as a new German member of our network. Who is Christoph Möslein? Christoph Möslein is an Attorney at law specialised in tax law, registered with the Munich Bar and a Tax consultant, registered with the Chamber of Tax Consultants in Munich. He works [...]

Summary of invoicing rules in BEL / ESP / FR / HUN / IT / LUX / USA

Invoicing rules are an important issue for companies. Mistakes may incur a high tax risk, especially with regards to VAT. Our network's tax specialists have prepared a summary of the invoicing rules applicable in each of their respective countries. For EU countries, common rules have been established, to which each country may add its specificities. The EU countries [...]

Covid-19: Emergency tax measures in each country of Law & Numbers Network

Law & Numbers is an international network of tax specialists bringing together law firms from several countries. In the context of the current pandemic known as Coronavirus or Covid-19, our lawyers present the general and tax emergency measures taken for the following countries: Country Author Belgium André Bailleux Czech Republic Bohdana Prazska France Marylène Bonny-Grandil Hungary Pal Jalsovsky [...]

France : Transfer Pricing and Covid-19

The economic repercussions of the Covid19 health crisis has been, and continues to be, numerous. While these are often clearly identifiable and of immediate impact, others are more subtle and therefore more difficult to identify and anticipate. This is the case for transfer pricing issues generated by the crisis. ADJUSTED PRICES FOR INTRAGROUP TRANSACTIONS Whether it is a [...]

Luxembourg : ATAD 2 – 19 December 2019

The Luxembourg parliament approved the bill n°7466 transposing ATAD2 Directive EU 2017/952 into Luxembourg Tax Law by amending the Articles 168 ter of the Luxembourg Income tax Law and introducing a new article 168 quarter. The bill will enter into force on the 1st January 2020 except for rules relative to reverse hybrid mismatches which will be applicable [...]

Belgium-France Tax Treaty : Tax credit for French Dividends

According to the Belgium-French Tax Treaty, France is allowed to tax at the source the dividends paid by French companies but the rate of the tax is limited to 15 % when the dividend is paid to individuals. On its side, Belgium being the State of the beneficiary’s resident is allowed to tax the dividend according to its [...]

Co-written article by our French and Belgian members in the much respected Belgian “accounting and taxation : news and fiscal outlook” publication

Said collaboration between French and Belgian members of that esteemed publication, illustrates the close cooperation between Law & Numbers various network members. More specifically, the article highlights the transborder transfer pricing between France and Belgium issues. Our Co-writers are : André Bailleux, Attorney at the Brussels Bar, Doctor of Law from the Catholic University of Louvin, Law Firm Partner, Belgian [...]

March 2019: France aligns with other countries and moves to withholding tax for income tax

Depuis le 1er janvier 2019, le système fiscal français a connu un profond changement car il est passé au système de prélèvement à la source : jusqu’au 31 décembre 2018, l’impôt sur le revenu était déclaré l’année suivant celle de la perception des revenus désormais, à compter du 1er janvier 2019, l’impôt sur le revenu est payé [...]