Ernst & Young Its Global Dispatch

Canada releases details of proposed reporting requirements for tax-avoidance transactions -- Cyprus adopts new shipping tax legislation -- German update on new tax rules for transfer of business functions -- Italian Central Revenue releases unilateral APA statistics -- Swedish tax agency floats proposed CFC changes -- UK unveils new treaty relief process -- New Australian Resource Super Profits Tax raises concerns -- Thailand issues bilateral APA guidelines -- Canadian ruling sanctions cash repatriation strategy from Canada -- US Customs approves use of TP study to support related-party pricing