Welcome to the July edition of the EY Quarterly Tax Bulletin: EMEIA Insurance. In this issue, we look at the current state of play in the tax transparency arena; and include updates from Italy, Spain and Denmark.
In the tax transparency arena, many of you will already be aware of the impending deadline of 4 September for the filing of CRS (Common Reporting Standard) returns in Ireland. For those with overseas branches in Spain or Italy, the new restriction on the carry forward of losses in Spain and the new VAT grouping rules in Italy may be of interest. Last but not least, the decision by the Danish Tax Board on a local sales manager constituting a permanent establishment in Denmark is an interesting development. Click here to read more.
If you would like to discuss any of the issues raised in this edition, please get in touch with the relevant contacts listed at the end of each article, or your usual EY contact.