ITS Global Dispatch, January 2011

Japan releases outline of 2011 tax reform -- China issues first report on APAs -- Austria releases transfer pricing guidelines -- French Parliament enacts Finance Bill for 2011, Amended Finance Bill for 2010 -- New Luxembourg regime for highly-skilled expats -- Spain amends rules to apply EU Parent Subsidiary Directive -- EU Commission requires Spain to abolish scheme favoring acquisitions in non-EU countries -- Egypt issues transfer pricing guidelines -- Israel approves new capital investment law -- Brazilian tax reductions to stimulate private lending for infrastructure -- Brazilian financial transactions tax reduced -- Mexico enacts important changes to IMMEX regime (maquiladoras)