1. Local tax developments
1. 1 Update on Notional Interest Deduction
1. 2 Alignment of Intellectual Property Regime
1. 3 Implementation of Common Reporting Standard
1. 4 Special Defence Contribution Refunds
1. 5 Tax Department Reform
2. Tax treaties update
2.1 Tax treaty signed with Ethiopia
3. International tax update
3.1 EU Anti-Tax Avoidance Package
3.2 State Aid Cases
3.3 Russian Deoffshorization Update
4. Tax Diary for April – June 2016
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