International briefing for May 2017

In the US, President Trump has published a list of tax reform principles; and here in the UK large swathes of legislation were dropped from the Finance Bill prior to the dissolution of parliament. President Macron of France included a few pieces of tax policy in his election campaign, and in Australia there has been a federal budget and an important transfer pricing case. A recent court decision in India on fixed place permanent establishments could have wider implications, and there have been patent box developments in Luxembourg and Italy.