• The Netherlands: 2018 Dividend Tax Amendment Approved; Notifications Required

    On 21 December 2017, the Dutch Senate approved certain changes to the Dutch Dividend Tax Act (DTA). The amendment thus enters into force as per 1 January 2018, eliminating the difference between Dutch cooperatives and Dutch private companies (BVs) and public companies (NVs) and extending the exemption for dividend withholding tax to owners in most tax treaty countries.

    January 03, 2018

  • UK Supreme Court Decision in Littlewoods

    The UK Supreme Court, overturning decisions of the High Court and Court of Appeal, has unanimously held that the retailer Littlewoods is not entitled to compound interest on overpaid value added tax (“VAT”).

    December 22, 2017

  • Sanctioning tax unit

    On December 21, 2017, a “Constitutional Law” was enacted by the National Constituent Assembly that created the sanctioning tax unit, as published in Official Gazette No. 41,305.

    December 21, 2017

  • 2017 Tax Cuts and Jobs Act: Wealth transfer implications

    On December 20, 2017, the United States House of Representatives voted along party lines to approve the latest version of the Tax Cuts and Jobs Act, giving final Congressional approval to the Act, and...

    December 21, 2017

  • Final US tax bill: effect on project finance market

    At least a dozen provisions in the final tax bill released Friday night by House and Senate negotiators will affect transactions in the power and broader infrastructure markets.

    December 16, 2017

  • Royalties – “another step towards the government’s longer term ambition of domestic and international reform”

    The UK has announced that it will introduce a new tax from April 2019 which will apply to payments of royalties and certain other payments, such as franchise fees, between members of international groups, where there is a link between the payments and the UK.

    December 13, 2017

  • US Senate tax bill complicates renewable energy

    The US Senate made two last-minute changes in a massive tax-cut bill that could prove harmful to renewable energy

    December 02, 2017

  • Tax on gains from UK property

    The Government has announced its intention to tax gains which arise from April 2019 when commercial or residential property is sold (directly or indirectly) by a non-UK resident person or entity.

    November 30, 2017

  • Tax controversy insights

    Welcome to the fourth issue of Norton Rose Fulbright’s Tax controversy insights.

    November 03, 2017

  • VAT in the UAE: implications for transactions and group structuring

    VAT is being introduced in the UAE from January 1, 2018 as part of the wider introduction of VAT by members of the Gulf Cooperative Council (GCC).

    October 31, 2017