Turkey Tax News

Treaty between Turkey and Bahrain ratified4 November 2007
OECD releases revised draft of Part IV (Insurance) of the Report on Attribution of Profits to Permanent Establishments2 September 2007
Compatibility of exclusion of indirect ownership through companies in other EU Member States for French tax consolidation purposes with freedom of establishment referred to ECJ2 September 2007
Turkey29 July 2007
EU Commission refers Greece to ECJ concerning discriminatory taxation of dividends29 July 2007
EU Commission progresses infringement procedure against Austria, Germany, Italy and Finland regarding taxation of outbound dividends29 July 2007
ECJ: Interprets anti-avoidance clause under the Merger Directive with respect to Danish rules on taxation of exchanges of shares – details29 July 2007
ECJ: Finnish group contribution regime compatible with EC Law – details29 July 2007
Second Guideline on implications of ECJ Denkavit case on French dividend withholding tax published29 July 2007
ECJ: Advocate General finds Dutch withholding tax on outbound dividends incompatible with EC free movement of capital – details2 July 2007
Treaty between South Africa and Turkey – details2 July 2007
Draft Guidance on Transfer Pricing published2 July 2007
ECJ: Advocate General holds German switch-over provision for low-taxed passive income of foreign PEs incompatible with EC Law – details2 July 2007
ECJ: Swedish legislation on dividend tax relief in relations with third countries is compatible with EC law – details2 July 2007
ECJ: German thin capitalization rules reclassifying interests paid to substantial shareholders in third States are not incompatible with EC law2 July 2007
ECJ: Previous Austrian rules discriminating dividends received from third countries are compatible with free movement of capital under grandfathering clause – details2 July 2007
International tax conference on CCCTB held in Berlin18 June 2007
Discussion draft on application and interpretation of non-discrimination article of OECD Model – details18 June 2007
Revised Commentary on Article 7 of OECD Model released28 May 2007
ECJ: temporal effects of judgment in Meilicke against Germany should not be limited – details28 April 2007
Final Report on Improving the Resolution of Tax Treaty Disputes24 March 2007
Company tax regimes of Swiss cantons exempting foreign profits incompatible state aid under EU-Switzerland Agreement24 March 2007
ECJ: hearing in case regarding Dutch withholding tax on outbound dividends24 March 2007
EU Commission requests Italy not to apply a withholding tax on dividends paid to Netherlands parent companies24 February 2007
Treaty between Turkey and Portugal - details24 February 2007
EU Commission requests Italy to implement the Interest and Royalties Directive correctly24 February 2007
Report on Attribution of Profits to PEs released24 February 2007
EU Commission progresses infringement actions against Member States for discriminatory taxation of outbound dividends24 February 2007
Withholding tax rates reduced24 February 2007
Treaty between Turkey and Portugal ratified15 January 2007