Ernst & Young Its Global Dispatch

Dutch shelve proposals reforming taxation of interest 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 interest 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 establishments -- 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