Posts by admin

Thailand: IMF comments on economic and fiscal position

May 8, 2015

On 7 May 2015 the International Monetary Fund (IMF) issued a staff report resulting from consultations with officials in Thailand...

UK: HMRC explains new VAT refund scheme for charities

May 8, 2015

The UK tax authority HMRC has issue VAT Notice 1001 giving details of the VAT rules where charities can obtain...

Croatia: IMF reports on economic and fiscal policy

May 8, 2015

The International Monetary Fund (IMF) has issued a concluding statement of preliminary findings following consultations with Croatia under Article IV...

OECD Proposes Threshold for MNEs to File Country-By-Country (CbC) Report

May 8, 2015

The OECD has confirmed that all multinational enterprises (MNEs) should be required to file the Country-by-Country (CbC) report every year....

Sri Lanka: IMF comments on economic and fiscal policy

May 7, 2015

The IMF has concluded the third Post Program Monitoring discussion with Sri Lanka and issued a press release on 5...

IMF Publishes Working Paper on Tax Policy in MENA Countries

May 6, 2015

A working paper issued by the International Monetary Fund (IMF) looks at taxation trends in the countries of the Middle...

Oman: IMF comments on economic and tax issues

May 6, 2015

The IMF has held consultations with Oman under Article IV of its articles of agreement and has issued a report...

Russia: Appeal Court agrees that payments made under a sham transaction are not tax deductible

May 6, 2015

The Appeal Court of Russia has ruled in Case no. А40-28065/13 on 25th February 2015 regarding fees paid for the use...

DTA between UAE and Romania signed

May 6, 2015

The Income Tax Treaty between United Arab Emirates and Romania has been signed on 5th May 2015. When in force...

Canada: Notice to implement tax provisions in Economic Action Plan 2015 and other tax measures

May 6, 2015

The Ministry of Finance has scheduled a complete notice of ways and means motion to implement certain tax provisions in...

Transfer Pricing Brief: April 2015

May 5, 2015

UK: BEPS Country-by-Country Reporting Requirement: Clause 122 of the Finance Bill gives the UK Treasury the power to make regulations...

ECJ issues preliminary ruling on VAT taxable amount of a building

May 4, 2015

On 23 April 2015 the European Court of Justice (ECJ) ruled on a question relating to the VAT taxable amount...

Turkey: Personal Tax Allowances Increased

May 4, 2015

Law no. 6645 has been published in the official gazette on 23rd April 2015. The law amends the individual income tax...

Tax agreement between Canada and Taiwan initialed

May 4, 2015

The Tax Agreement between Canada and Taiwan has been initialed on 1st May 2015.

Mali: IMF reports on fiscal and tax measures

May 3, 2015

Following a visit to Mali IMF staff have issued a preliminary report of their discussions and their view of the...

Ireland: IMF comments on fiscal position

May 2, 2015

The IMF has held consultations with Ireland in connection with Article IV of its articles of agreement and a Concluding...

US: Propsed Amendment to Regulations Applicable to Refund and Credit Claims

May 1, 2015

The US Department of the Treasury and the Internal Revenue Service (IRS) have released Notice 2015-10 on 28 April 2015...

Canada: Tax proposals in Manitoba budget 2015

May 1, 2015

The Ministry of Finance in Manitoba has delivered the province’s budget for the year 2015. The budget does not propose...