Tax & Legal News – Issue 3, March 2016
In this issue: PwC Reports, Official Pronouncements, Supreme Tax Court Cases, From Europe and From PwC
PwC Reports Constitutional complaint against trade tax interest add-back rejected
Draft regulations on branch profits
Official Pronouncements No general profit realisation as long-term contract payments on account fall due
Redundancy payments decree
Subsidised meals for staff
VAT on lease concluded after delivery of asset to customer
Market price for VAT on staff sales
Supreme Tax Court Cases Interest limitation – no accumulation of minor loans from significant shareholders
Golf tournament cost allowed for brewery but disallowed for insurance agency
No centre of vital interests in Switzerland for employee working in Liechtenstein
Bonus dividend points for co-operative bank members are hidden distributions
Air passenger duty does not offend against EU law
GmbH & Co. KG can be member of VAT group
Factor remains liable for VAT even after surrender of the collection proceeds
Employee parking charges VAT-able
From Europe Gift tax personal allowances still conflict with EU law?
No extension of inheritance tax privilege for repeated transfers to transfers taxable abroad?
From PwC Breaking news