Posts by admin

DTA between Malaysia and Slovak Republic ratified

November 11, 2015

The Income Tax Treaty (2015) between Malaysia and the Slovak Republic has been ratified by the Slovak Republic on 4th...

DTA between Armenia and Slovak Republic ratified by Slovak Republic

November 11, 2015

The Income and Capital Tax Treaty (2015) between Armenia and Slovak Republic has been ratified on 4th November 2015.

Czech Republic: Amendment to law on international cooperation in tax administration

November 11, 2015

The Government has submitted a bill to the Parliament on 10th November 2015 regarding changes to the law on international...

Argentina -new installment plan for settling tax debts

November 9, 2015

The Tax Authorities of Argentina have introduced a special installment plan regime General Resolution No. 3806/2015 to settle up tax...

IMF, OECD, UN and World Bank issue report on use of tax incentives by low income countries

November 7, 2015

A report on the options for low income countries to use tax incentives has been prepared for the G20 Development...

Slovak Republic: IMF reports on economic and fiscal position

November 6, 2015

The IMF has published a staff report following consultations in the Slovak Republic under Article IV of the IMF’s articles...

Transfer Pricing Brief: October 2015

November 5, 2015

UK: CbC reporting requirement: UK has published draft Regulations in relation to Country by Country (CbC) reporting, along the lines...

Kazakhstan: Senate adopts bill introducing mandatory social health insurance

November 5, 2015

The Senate has adopted a bill on 29th October 2015 that introduces mandatory social health insurance contributions. It was sent...

Croatia: Reduced interest rate for related-party loans

November 4, 2015

National Bank of Croatia has recently reduced bank interest rate from 7% to 3% per annum and was effective from...

Mexico: Lower Chamber approves tax reform for 2016

November 4, 2015

Mexico’s President submitted to Congress tax reform for 2016 on 8 September 2015 was approved by the Lower Chamber with...

Slovak Republic: Concept of ‘company in crisis’ in introduced into Commercial Code

November 4, 2015

The amendment to the Slovakian Commercial Code introduces the concept of a “company in crisis”. It will be effective from 1st...

PGA Highlights: October 2015

November 3, 2015

In the United States the following events have taken place under the several PGA during the month of October 2015. Agencies...

US: Issues Notice Requesting Comments on Transfer Pricing Penalties

November 2, 2015

The US Internal Revenue Service (IRS) and the Treasury Department have issued a notice requesting comments on transfer pricing penalties...

Greece: Public Revenue Authority Published Clarification on Transactions of Real Estate Companies and Comparables

November 1, 2015

Public Revenue Authority of Greece  published clarification on transactions of real estate companies and comparables data. The Public Revenue Authority...

UK: Updated guidance on the Scottish rate of income tax

October 31, 2015

On 27 October 2015 the UK published updated guidance on the Scottish rate of income tax that becomes effective from...

UK publishes statistics on employment allowance

October 31, 2015

The UK has published statistics on employers taking up the employment allowance for the first six months of the 2015/16...

Ethiopia: IMF report comments on economic and fiscal position

October 31, 2015

Following consultations with Ethiopia under Article IV of the IMF’s articles of agreement the IMF released a staff report and...

Angola: IMF comments on economic and fiscal position

October 31, 2015

The Executive Board of the IMF concluded its consultations with Angola under Article IV of its articles of agreement on...