Posts by admin

Uruguay-Proposed Budget Bill for 2015-19

September 22, 2015

Uruguay’s government has submitted to the Congress the Bill of the National Budget for the years 2015 up to 2019...

UK: Summary of responses to penalties discussion document

September 21, 2015

On 17 September 2015 HMRC issued a summary of responses to a discussion document on penalties. The original discussion document...

Slovak Republic and US: FATCA agreement approved by Slovak Republic

September 21, 2015

The FATCA Model 1A agreement (2015) between the Slovak Republic and the United States was approved on 28th August 2015 by...

DTA between Malaysia and Slovak Republic approved by Slovak Republic

September 21, 2015

The Income Tax Treaty (DTA; 2015) between Malaysia and the Slovak Republic was approved by the government of the Slovak Republic on...

Russia: Tax authority issues an official order on tax treaty application

September 21, 2015

The Russian government issued Order No. 1531-r on 8th August 2015. This Order relates to an agreement between Russia and Kazakhstan on the recognition of...

OECD: Improving cooperation between tax and money laundering authorities

September 20, 2015

On 18 September 2015 the OECD launched a report dealing with the issue of access by tax administrations to information...

Netherlands-Publish Budget Proposal for 2016

September 20, 2015

The Dutch Ministry of Finance published its budget proposals for fiscal year 2016 on 15 September 2015. The budget proposals...

The Netherlands -Draft law implementing new transfer pricing documentation requirements

September 20, 2015

The Dutch State Secretary of Finance released a draft law providing changes to the Dutch Corporate Income Tax Act 1969 on...

UK: Research Report on Effect of the Annual Tax on Enveloped Dwellings

September 19, 2015

Although most residential property in the UK is owned directly by individuals in some cases the property is owned by...

UK: Research Report on Employment Related Securities

September 18, 2015

On 17 September 2015 HMRC published on its website a research report on employment related securities. The research report is...

Israel: VAT rate reduced

September 18, 2015

A Ministerial Order was issued on 10th September 2015 regarding reduction of the VAT rate to 17% from 18%. This new rate will...

DTA between Gabon and Turkey initialed

September 18, 2015

Following a successful first round of negotiations held from 1st September to 3rd September 2015, a tax treaty between Gabon...

France: New article on transfer pricing assessments and withholding tax relief for repatriated profits

September 18, 2015

A new Article L. 62 A of the French tax procedure code was published in the official bulletin on 2...

Polish parliament approves new transfer pricing rules

September 18, 2015

The parliament approved a bill on 11 September 2015 including changes the transfer pricing rules regarding transactions between related parties....

UK: Research into company investment decisions

September 18, 2015

A research report on profit distribution and investment patterns of unlisted companies was published on the HMRC website on 17...

Ireland explains approach to VAT and portfolio management services

September 17, 2015

Following the European Court of Justice (ECJ) decision in the Deutsche Bank case concerning the value added tax (VAT) treatment...

US: Treasury Department and IRS Released Temporary Regulations and Proposed Regulations to Clarify the Arm’s Length Standard

September 16, 2015

The Treasury Department and IRS released for publication in the Federal Register Temporary regulations (T.D. 9738) on 15 September 2015...

OECD Issues Policy Framework for Investment

September 15, 2015

The 2015 edition of the OECD publication Policy Framework for Investment published on the OECD on its website on 14...