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Pakistan: IMF discusses fiscal and tax policy

October 9, 2015

On 6 October 2015 the IMF held a conference call on completion of the eighth review of Pakistan’s economic performance...

ECJ: Request for preliminary ruling on apportionment of expenses for VAT deduction

October 8, 2015

Many businesses make some supplies that are VAT exempt and the input tax relating to these supplies cannot be deducted...

UN Committee of Tax Experts to discuss issues related to UN Model

October 7, 2015

The UN Committee of Experts on International Cooperation in Tax Matters is to meet from 19 to 23 October 2015....

UK: Consultation on draft Regulations on country by country reporting

October 7, 2015

On 5 October 2015 the UK issued draft Regulations in relation to country by country reporting, along the lines of...

Kazakhstan: List of representative offices of foreign states and organizations published

October 7, 2015

Generally, a VAT refund is possible for both resident and non-resident taxable persons registered in Kazakhstan for VAT purposes. There...

Norway Fiscal Budget for 2016 Presented to the Parliament

October 7, 2015

Norway Fiscal Budget for 2016 was presented to the parliament on 7 October 2015. A reduction of the corporate income...

OECD announces final package of BEPS measures

October 6, 2015

On 5 October 2015 the OECD presented the final package of measures resulting from the action plan on base erosion...

US and Czech Republic: Competent Authority Arrangement (CAA) signed

October 6, 2015

In accordance with the US and Czech Republic intergovernmental agreement (IGA) for implementing the Foreign Account Tax Compliance Act (FATCA), the competent...

Transfer Pricing Brief: September 2015

October 5, 2015

Ukraine: Comparable uncontrolled price method (“CUP”): As per the new law which came into force from August 11 2015,  taxpayers...

Russia: Wheat export duty amended

October 5, 2015

The Russian Government has amended the method for calculating wheat export duty that was in force from 1st July 2015. The...

New Zealand: Inland Revenue revises its guidance on APA

October 5, 2015

Inland Revenue recently updated its guidance on the Advance Pricing Agreement (APA) application process and published a list of steps...

France: Draft Finance Bill 2016

October 5, 2015

The draft Finance Bill for 2016 has been presented in France. According to the proposals the income tax-exempt threshold will...

DTA between Liechtenstein and UAE signed

October 5, 2015

In accordance with a press release of 2nd October 2015, a Tax Treaty (DTA) between Liechtenstein and the United Arab...

PGA Highlights: September 2015

October 4, 2015

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

AFRITAC discusses prevention of tax fraud

October 2, 2015

From 28 September to 2 October 2015 the IMF’s regional Technical Assistance Centers (AFRITAC) for central and southern Africa are...

IMF: Report on fiscal policy of Sweden

October 2, 2015

The IMF has published on its website the concluding report by staff after consultation with Sweden under Article IV of...

Bulgaria and Tunisia: Social Security Agreement signed

October 2, 2015

A Social Security Agreement between Bulgaria and Tunisia has been signed on 1st October 2015 in Tunis.

Italy: Published Legislative Decree on Transfer Pricing Issues in the Official Gazette

October 1, 2015

Italy Published Legislative decree n. 147 in the official gazette on 22 September 2015 with a view to provide investors...