ITS News

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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

If you would like to discuss any of the issues raised, please get in touch with your usual PwC contact.