ITS News - Archive

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December 2012

Keeping up with the constant flow of international tax developments worldwide can be a real challenge for multinational companies. As a result, PwC's International Tax Network is excited to bring you a new publication, ITS News, that will offer updates and analysis on international tax changes around the world.

Some topics covered in this edition include:

  • Canada: Comprehensive income tax package released
  • Singapore: Public consultation on the extension of anti-money laundering laws to tax crimes
  • United States: Tax court's PepsiCo opinion upholds taxpayer's equity characterisation of hybrid instruments
  • Switzerland: Double taxation agreement between Switzerland and Hong Kong has entered into force