ITS Global Dispatch, July-August 2011

Canadian MAP report reflects greater transfer pricing audit activity -- Mexican court issues first pro-taxpayer transfer pricing ruling -- New VAT rules for Mexican Maquiladoras -- France announces budget, tax measures to reduce deficit -- Italy issues guidance on outbound dividend withholding taxes -- Italy amends corporate income tax surcharge for energy industry -- Spanish Tax Court denies participation exemption benefits to Brazilian interest on net equity payments (JsCP) -- Spanish Decree contains temporary corporate tax, VAT measures -- Turkey announces first APA -- Turkey, Malta sign first-ever tax treaty -- Indian transfer pricing audits indicate increased focus -- Malaysia gathering information on transfer pricing -- Vietnam intensifies focus on transfer pricing