Posts by admin

Indonesia: Revised Debt-to-Equity Ratios for 2016

October 1, 2015

As per the regulation No. 169/PMK.010/2015 issued by the Ministry of Finance, the debt-to-equity ratio under the “thin cap” rules...

Thailand: Tax incentives for international headquarters

October 1, 2015

To promote the location of headquarters in Thailand the Board of Investment has introduced a new program. According to the...

US: IRS Released Temporary Regulations to Clarify that the Arm’s-Length Standard of Section 482 Applies to all Controlled Transactions

October 1, 2015

IRS issued Treasury Decision 9738 on 14 September 2015 containing temporary regulations under Section 482 clarifying the application of the...

Poland: Parliament approves new R&D tax incentives

September 30, 2015

The parliament accepted a bill proposed by the former president amending the Corporate Income Tax Law to establish new research...

Canada and Spain: Protocol to DTA will enter into force

September 30, 2015

The amending protocol of the Income and Capital Tax Treaty (DTA; 1976) between Canada and Spain will enter into force...

DTA between Chile and Japan will be negotiated

September 29, 2015

The first round of negotiations for a tax treaty between Chile and Japan will take place from 1st October 2015.

IMF publishes letter of intent from Cyprus

September 28, 2015

The IMF has published on its website a Letter of Intent prepared by Cyprus in connection with a request for...

Kazakhstan: Draft law amending excise duties has sent to government

September 28, 2015

A draft law along with the amendments to the excise duty rates has been sent to the Government on 15th...

OECD to release final BEPS package on 5 October 2015

September 25, 2015

The OECD has announced that it is to release the final package of measures to tackle base erosion and profit...

WTO: Trade Policy Review of Guyana

September 25, 2015

The World Trade Organization (WTO) conducted a trade policy review of Guyana on 15 and 17 September 2015. To prepare...

Kazakhstan: VAT withdraws

September 25, 2015

Kazakhstan has accepted plans to withdraw its VAT regime next year and it will be substituted with a simple sales...

Czech Republic: Filing date VAT ledger statements

September 25, 2015

The government has revealed its plans to amend the tax law and it seems the changes would not totally affect...

Namibia-Proposed VAT and Income Tax Amendments

September 24, 2015

The Namibian Minister of Finance submitted the Value-Added Tax (VAT) Amendment Bill and the Income Tax Amendment Bill to the...

WTO: Trade Policy Review of Angola

September 24, 2015

The World Trade Organization (WTO) is conducting a Trade Policy Review of Angola on 22 and 24 September 2015 and...

Brazil: Government declares new tax measures

September 24, 2015

Brazil’s Executive branch has proposed different tax measures that would decrease the expected 30 billion Reais (R$) deficit for 2016...

IMF: Policies in support of sustainable development goals

September 23, 2015

A Staff Discussion Note published by the IMF on 22 September 2015 looks at policies that countries could adopt in...

Kuwait: IMF comments on economic and fiscal position

September 22, 2015

On 21 September 2015 IMF staff issued a report under Article IV of their articles of agreement following consultations in...

Argentina- extended employment promotional regime

September 22, 2015

Decree No. 1,801/15 was published in the Argentine Official Gazette on 8 September 2015. By means of the Decree the Argentine...