The Reanda International network is pleased to bring to you the latest issue of PRISM – the quarterly tax newsletter, which is part of Reanda’s effort to stay in touch with our clients by sharing updates and insights on the recent taxation changes and current hot topics.

Please click here to download a digital copy of the 2nd quarter 2016 issue of PRISM:

Table of content

China: The attention of the contract facing to replace the business tax with VAT

Cyprus: Cyprus signs off Double Taxation Avoidance Agreements (DTAAs) with Bahrain and Ethiopia

Germany: Consignment warehouses: VAT implications

Korea: New withholding tax obligation on foreign secondees in Korea

Malaysia: Goods and Services Tax (GST) – First anniversary!

Russia: Doctrine of the actual recipient (beneficial owner)

UAE The new UAE Commercial Companies Law (CCL)

We hope that you will enjoy reading the tax newsletter and find it informative. To learn about the Reanda International Tax Panel please contact us at This email address is being protected from spambots. You need JavaScript enabled to view it.