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	<title>Global Tax Watch</title>
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	<description>Global tax news and analysis from Bloomberg BNA</description>
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		<title>The VAT cost to pensions</title>
		<link>http://www.globaltaxwatch.com/2013/05/the-vat-cost-to-pensions/</link>
		<comments>http://www.globaltaxwatch.com/2013/05/the-vat-cost-to-pensions/#comments</comments>
		<pubDate>Tue, 21 May 2013 09:25:43 +0000</pubDate>
		<dc:creator>globaltax</dc:creator>
				<category><![CDATA[Global Tax News and Analysis]]></category>
		<category><![CDATA[U.K]]></category>

		<guid isPermaLink="false">http://www.globaltaxwatch.com/?p=4059</guid>
		<description><![CDATA[David Thompson, DLA Piper UK LLP, Manchester The recent decision of the CJEU, effectively denying the VAT exemption on investment management services to UK workplace defined benefit (DB) pension funds, is a setback to pension schemes, who were hoping to assuage their VAT burdens. I. VAT and pension schemes — where are we now? This [...]]]></description>
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		<title>FATCA&#8217;s Impact Beyond the Financial Services Sector: What Other Multinational Companies Need to Know About FATCA</title>
		<link>http://www.globaltaxwatch.com/2013/05/fatcas-impact-beyond-the-financial-services-sector-what-other-multinational-companies-need-to-know-about-fatca/</link>
		<comments>http://www.globaltaxwatch.com/2013/05/fatcas-impact-beyond-the-financial-services-sector-what-other-multinational-companies-need-to-know-about-fatca/#comments</comments>
		<pubDate>Fri, 17 May 2013 08:46:57 +0000</pubDate>
		<dc:creator>globaltax</dc:creator>
				<category><![CDATA[Global Tax News and Analysis]]></category>
		<category><![CDATA[FATCA]]></category>

		<guid isPermaLink="false">http://www.globaltaxwatch.com/?p=4045</guid>
		<description><![CDATA[John McMahon, Todd Larsen, and Saul Tilmann, Ernst &#38; Young LLP The views expressed herein are those of the authors and do not necessarily reflect those of Ernst &#38; Young LLP. The U.S. Treasury and the Internal Revenue Service (IRS) Jan. 17 issued the long-awaited final regulations (T.D. 9610) under the Foreign Account Tax Compliance [...]]]></description>
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		<title>Singapore, Germany, Spain Take Major Steps on Global Tax Information Sharing Network</title>
		<link>http://www.globaltaxwatch.com/2013/05/singapore-germany-spain-take-major-steps-on-global-tax-information-sharing-network/</link>
		<comments>http://www.globaltaxwatch.com/2013/05/singapore-germany-spain-take-major-steps-on-global-tax-information-sharing-network/#comments</comments>
		<pubDate>Wed, 15 May 2013 08:34:48 +0000</pubDate>
		<dc:creator>globaltax</dc:creator>
				<category><![CDATA[Global Tax News and Analysis]]></category>

		<guid isPermaLink="false">http://www.globaltaxwatch.com/?p=4025</guid>
		<description><![CDATA[Alison Bennett, Michael Mackey (Bangkok), and Andrea Schuessler (Berlin) Singapore, Germany, and Spain all took major steps May 14 on a theme of greater tax information sharing throughout the world to combat cross-border tax evasion. The developments came five days after the United States, the United Kingdom, and Australia announced they are teaming up to [...]]]></description>
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		<title>Mexico Set to Issue Rules for Banks To Fulfill FATCA, Practitioners Say</title>
		<link>http://www.globaltaxwatch.com/2013/05/mexico-set-to-issue-rules-for-banks-to-fulfill-fatca-practitioners-say/</link>
		<comments>http://www.globaltaxwatch.com/2013/05/mexico-set-to-issue-rules-for-banks-to-fulfill-fatca-practitioners-say/#comments</comments>
		<pubDate>Fri, 10 May 2013 09:25:49 +0000</pubDate>
		<dc:creator>globaltax</dc:creator>
				<category><![CDATA[Global Tax News and Analysis]]></category>
		<category><![CDATA[FATCA]]></category>

		<guid isPermaLink="false">http://www.globaltaxwatch.com/?p=4003</guid>
		<description><![CDATA[Ivan Castano MEXICO CITY — Mexican tax authorities are set to issue a set of administrative rules for banks to comply with the country&#8217;s Foreign Account Tax Compliance Act (FATCA) intergovernmental agreement in June, Mexico-city based consultants with inside knowledge of the matter told BNA May 9. Mexico&#8217;s main banking association, Asociacion de Bancos de [...]]]></description>
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		<title>FATCA update: Final regulations, IGAs and their impact on the fiduciary and asset management industries</title>
		<link>http://www.globaltaxwatch.com/2013/05/fatca-update-final-regulations-igas-and-their-impact-on-the-fiduciary-and-asset-management-industries/</link>
		<comments>http://www.globaltaxwatch.com/2013/05/fatca-update-final-regulations-igas-and-their-impact-on-the-fiduciary-and-asset-management-industries/#comments</comments>
		<pubDate>Thu, 09 May 2013 10:02:00 +0000</pubDate>
		<dc:creator>globaltax</dc:creator>
				<category><![CDATA[Global Tax News and Analysis]]></category>
		<category><![CDATA[FATCA]]></category>

		<guid isPermaLink="false">http://www.globaltaxwatch.com/?p=3984</guid>
		<description><![CDATA[Richard Cassell and Kristin Konschnik, Withers LLP, London I. Background On March 18, 2010, President Obama signed the ‘Hiring Incentives to Restore Employment Act of 2010’ into law. Although this legislation was broadly focussed on the creation of jobs in the US through tax incentives, it also contained numerous provisions focussing not only on US [...]]]></description>
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		<title>China: Tax authorities clarify tax base for EIT withholding at source for non-residents under VAT pilot</title>
		<link>http://www.globaltaxwatch.com/2013/05/china-tax-authorities-clarify-tax-base-for-eit-withholding-at-source-for-non-residents-under-vat-pilot/</link>
		<comments>http://www.globaltaxwatch.com/2013/05/china-tax-authorities-clarify-tax-base-for-eit-withholding-at-source-for-non-residents-under-vat-pilot/#comments</comments>
		<pubDate>Wed, 08 May 2013 08:48:14 +0000</pubDate>
		<dc:creator>globaltax</dc:creator>
				<category><![CDATA[Global Tax News and Analysis]]></category>
		<category><![CDATA[China]]></category>

		<guid isPermaLink="false">http://www.globaltaxwatch.com/?p=3970</guid>
		<description><![CDATA[Sarah Chin, National Indirect Tax Partner, Deloitte China China&#8217;s State Administration of Taxation recently issued guidance (Bulletin [2013] No. 9) that clarifies the calculation of the tax base for enterprise income tax (EIT) withholding at source for non-resident enterprises under the VAT pilot reform. Bulletin No. 9, which applies as from February 19, 2013, is [...]]]></description>
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		<title>Brazil changes its transfer pricing rules</title>
		<link>http://www.globaltaxwatch.com/2013/05/brazil-changes-its-transfer-pricing-rules/</link>
		<comments>http://www.globaltaxwatch.com/2013/05/brazil-changes-its-transfer-pricing-rules/#comments</comments>
		<pubDate>Tue, 07 May 2013 10:29:19 +0000</pubDate>
		<dc:creator>globaltax</dc:creator>
				<category><![CDATA[Global Tax News and Analysis]]></category>
		<category><![CDATA[Brazil]]></category>

		<guid isPermaLink="false">http://www.globaltaxwatch.com/?p=3940</guid>
		<description><![CDATA[Luiz Felipe Centeno Ferraz and Matheus Bertholo Piconez Mattos Filho, Veiga Filho, Marrey Jr e Quiroga The Brazilian government has been engaged in the updating of its transfer pricing rules. The following article examines the changes involved. After a frustrated attempt to change the Brazilian transfer pricing rules in 2009, the Brazilian federal government finally [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>UK: Procuring an end to tax avoidance?</title>
		<link>http://www.globaltaxwatch.com/2013/05/uk-procuring-an-end-to-tax-avoidance/</link>
		<comments>http://www.globaltaxwatch.com/2013/05/uk-procuring-an-end-to-tax-avoidance/#comments</comments>
		<pubDate>Fri, 03 May 2013 09:50:05 +0000</pubDate>
		<dc:creator>globaltax</dc:creator>
				<category><![CDATA[Global Tax News and Analysis]]></category>
		<category><![CDATA[U.K]]></category>

		<guid isPermaLink="false">http://www.globaltaxwatch.com/?p=3922</guid>
		<description><![CDATA[Malcolm Dowden, Consultant and Martin Griffiths, Associate, Charles Russell LLP London From April 1, 2013, public procurement procedures will be enlisted by the UK government to combat tax avoidance. Public Contracts Regulations 2006, Reg. 23(4) allows a contracting authority to treat a bidder as ineligible or to reject its bid if it has not “fulfilled [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Taiwan: New anti-avoidance rules</title>
		<link>http://www.globaltaxwatch.com/2013/05/taiwan-new-anti-avoidance-rules/</link>
		<comments>http://www.globaltaxwatch.com/2013/05/taiwan-new-anti-avoidance-rules/#comments</comments>
		<pubDate>Thu, 02 May 2013 09:36:01 +0000</pubDate>
		<dc:creator>globaltax</dc:creator>
				<category><![CDATA[Global Tax News and Analysis]]></category>
		<category><![CDATA[Taiwan]]></category>

		<guid isPermaLink="false">http://www.globaltaxwatch.com/?p=3876</guid>
		<description><![CDATA[Michael Wong, Senior Consultant, Dennis Lee, Tax Manager, Baker &#38; McKenzie, Taipei   Taiwan&#8217;s Ministry of Finance (MOF) recently announced its proposal to introduce two new anti-avoidance rules through amendments to the Income Tax Act. On April 1, 2013, this proposal was being reviewed by the Executive Yuan, with a view of submitting the final [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Swiss Parliamentary Committee Gives OK to FATCA Implementation Deal</title>
		<link>http://www.globaltaxwatch.com/2013/05/swiss-parliamentary-committee-gives-ok-to-fatca-implementation-deal/</link>
		<comments>http://www.globaltaxwatch.com/2013/05/swiss-parliamentary-committee-gives-ok-to-fatca-implementation-deal/#comments</comments>
		<pubDate>Wed, 01 May 2013 09:22:36 +0000</pubDate>
		<dc:creator>globaltax</dc:creator>
				<category><![CDATA[Global Tax News and Analysis]]></category>
		<category><![CDATA[FATCA]]></category>

		<guid isPermaLink="false">http://www.globaltaxwatch.com/?p=3866</guid>
		<description><![CDATA[Daniel Pruzin GENEVA — A Swiss parliamentary committee gave the green light April 30 to a new U.S.-Swiss agreement on implementation of the Foreign Account Tax Compliance Act, opening the way for a full parliamentary vote on the deal in June. The Committee for Economic Affairs and Taxes of the Council of States, the Swiss [...]]]></description>
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