Posts by admin

EU: Plans for digital single market published by European Commission

May 22, 2015

On 6 May 2015 the European Commission published a document entitled “A Digital Single Market Strategy for Europe” outlining a...

France: IMF comments on fiscal policy

May 21, 2015

The International Monetary Fund (IMF) issued a concluding statement on 19 May 2015 following its regular discussions with France under...

Nigeria: System allowing electronic tax payment

May 21, 2015

The Federal Inland Revenue Service has announced an e-tax system that permits taxpayers to make electronic remittances. All taxes and...

Czech Republic: IMF comments on economic and fiscal position

May 20, 2015

The International Monetary Fund (IMF) issued a press release on 20 May 2015 containing a concluding statement after a visit...

Poland: IMF discusses economic and fiscal position

May 19, 2015

The International Monetary Fund (IMF) issued a press release on 18 May 2015 containing the concluding statement at the end...

Chile: Circular 30 regarding administrative interpretation published

May 19, 2015

A Circular 30 of the tax administration (Servicio de Impuestos Internos, SII) about SII’s administrative interpretation concerning amendments introduced by...

OECD publishes comments received on BEPS action 11

May 18, 2015

On 13 May 2015 the OECD published on its website comments received on the discussion draft on base erosion and...

OECD releases new discussion draft under BEPS action 7 on permanent establishments

May 16, 2015

On 15 May 2015 the OECD published a new discussion draft on action 7 of the action plan on base...

UK: Government to deliver second budget for 2015

May 16, 2015

The UK government has indicated that a second set of budget proposals will be announced on 8 July 2015. This...

Italy: Draft legislative decree introduces advance pricing agreement rollback provision

May 16, 2015

A draft legislative decree was approved by the Italian Government on 21 April 2015 introducing an advance pricing agreement (APA) rollback...

Kyrgyz Republic: Memorandum sets out economic and financial policies for 2015 to 2018

May 15, 2015

In connection with a request for IMF support the Kyrgyz Republic has issued a memorandum setting out the economic and...

Uganda: IMF holds discussions on economic and fiscal policy

May 15, 2015

The International Monetary Fund (IMF) issued a press release on 14 May 2015 at the end of a visit to...

World Bank publishes report on steps to a carbon future

May 14, 2015

A World Bank report entitled “Decarbonizing Development: Three Steps to a Zero Carbon Future” sets out the steps in a...

Lebanon: IMF comments on economic and fiscal policy

May 14, 2015

The International Monetary Fund (IMF) has held consultations with Lebanon under Article IV of its articles of agreement. A press...

Luxembourg: IMF comments on economic and fiscal policy

May 14, 2015

The International Monetary Fund (IMF) has held consultations with Luxembourg under Article IV of its articles of agreement and issued...

Bosnia: IMF comments on economic and fiscal policy

May 13, 2015

The International Monetary Fund (IMF) has issued a concluding statement following a staff visit to Bosnia and Herzegovina for consultations...

Australia: Budget for 2015-2016 Includes BEPS Measures and Exposure Drafts for a New Targeted Anti-Avoidance Rule

May 13, 2015

The Government of Australia announced the 2015-2016 fiscal budget on May 12, 2015. Australia has included in the budget a...

UK: New share valuation rules for CGT

May 12, 2015

The UK tax authority HMRC has published new valuation rules in respect of the valuation of shares for capital gains...