ITS Global Dispatch, October 2010

Hungary proposes flat 10% corporate tax rate — Israeli draft budget 2011-12 would revamp tax incentives regime in 2011 — Italian guidance released on new CFC rules, black-list dividends — New Italian instructions for transfer pricing documentation requirements — Liechtenstein approves major tax reform — Russian officials confirm new transfer pricing rules to be signed into law this year — Update on Turkey's withholding tax changes — Brazil twice increases Tax on Financial Transactions for foreign inv-0500ments in fixed income — Mexican budget leaves tax rates unchanged — Indian discussion paper looks at foreign inv-0500ment through LLPs — Recent transfer pricing developments in Vietnam