ITS Global Dispatch, January 2010

Dutch shelve proposals reforming taxation of inter-0500 income and expenses — French parliament enacts Finance Bill 2010, amended Finance Bill 2009 — New France-United Kingdom treaty and protocol enters into force — Hungarian Parliament approves new corporate tax law; ETR on inter-0500 income earned abroad 4.75% from 1 January 2010 — Russian Finance Ministry publishes new draft transfer pricing law — Swedish tax rules effective 1 January 2010 — UK presents annual pre-budget report — China issues guidance on term 'beneficial owner' under tax treaties — Hong Kong issues transfer pricing guidelines — Indian tax authorities address tax treatment of installation permanent -0500ablishments — India releases discussion paper on future Goods and Services Tax — Indonesian regulations to combat tax treaty abuse — Japanese government outlines 2010 tax reform proposal — Japan and Netherlands announce terms of new tax treaty — Brazil introduces significant tax changes including thin capitalization rules