In France, the principles of FATCA have been brought into our local law. This means that HSBC may need to provide information on US accounts to the French local tax authority (FISC). In order to establish your tax status, we need to obtain certain documents. These documents are HSBC declar...
France Updates Foreign Tax Relief Rules for ResidentsPhilippe Derouin
There are a number of substantial changes being made by financial regulators, governments and banks to ensure the protection and long-term safety of both the financial system and our customers’ interests. One of these regulations is the Foreign Account Tax Compliance Act (FATCA), effective as of...
Proceeding on the identifying assumption that county share of these students is otherwise uncorrelated with the propensity to be a new country, we estimate a two-stage least squares regression using the pre-recession share of benefits-eligible students as our instrument. We find no evidence ...
Under a worldwide tax system, firms pay taxes on their domestic income and repatriated foreign income, whereas under a territorial tax system repatriated f
The foreign withholding tax rate on dividends can vary wildly around the world. Here is the foreign tax on dividends by country for some of the largest nations: Australia: 30% Canada: 25% China (Mainland): 10% France: 25% Germany: 26% ...
Of the 35 distinct recommendations in the report, eight of them (Recommendations 2, 3B, 4A, 4B, 4C, 8A, 11A, and 14B) all deal with tax matters (such as tax fairness, anti-evasion measures, information sharing among tax authorities, etc.). While this is an important topic, it is bot...
Spain is planning to impose a tax of up to 100% on properties brought by non-residents from countries outside the European Union - including the UK. The measure was one of many announced by Prime Minister Pedro Sanchez on Monday, and differs to the planned increase in ta...
Foreign Direct Investment (FDI) screening instruments adopted in recent years do not directly impose corporate social responsibility (CSR) obligations on foreign investors. This is in contrast with the latest generation of international investment agreements (IIAs), which increasingly incorporate CSR norms...
online training, and shared telecommunications service charges. Certain exceptions are stated in the regulations for tax exemption, including services performed and consumed completely outside Vietnam and a number of specific services performed outside Vietnam, including advertising and marketing (not onli...