Posts by admin

ECJ: VAT input tax deductions on supplies made free of charge

April 23, 2015

On 22 April 2015 the Advocate General of the European Court of Justice (ECJ) issued an opinion in the case...

ECJ: decision on disbursements and the VAT taxable amount

April 23, 2015

The European Court of Justice (ECJ) delivered its ruling in the case of Wojskowa Agencja Mieszkaniowa w Warszawie on 16...

UK: Joint initiative with Australia to combat profit shifting

April 23, 2015

The Australian Treasurer issued a press release following the G20 meeting on 16 and 17 April indicating potential collaboration with...

Turkey: General Communique on corporate tax exemption released

April 23, 2015

The General Communique No. 8 regarding Corporate Income Tax has been published in the Official Gazette on 21st April 2015...

DTA between Chile and China (People’s Rep.) initialed

April 23, 2015

The Income Tax Treaty between Chile and China (People’s Rep.) has been initialed on 21st April 2015 and is being...

OECD releases discussion draft on improving the analysis of BEPS

April 22, 2015

On 16 April 2015 the OECD released a discussion draft on improving the analysis of base erosion and profit shifting...

WTO releases trade statistics and growth projections

April 22, 2015

On 14 April 2015 the World Trade Organization (WTO) issued global trade statistics for 2014 and estimates for the next...

WTO: Trade Policy Review of Australia

April 22, 2015

The World Trade Organization (WTO) is conducting a Trade Policy Review of Australia on 21 and 23 April 2015 and...

Poland: New thin capitalization rules

April 22, 2015

The thin capitalization rules changes in Poland and this rule enacted as an amendment to Poland’s corporate income tax law,...

ECJ decision on Germany’s deferred tax on capital gains

April 22, 2015

On 16 April 2015 the European Court of Justice (ECJ) issued a decision in relation to Germany’s tax rules on...

Mexico-Panama: FTA enters into force

April 22, 2015

The FTA (free trade agreement) between Mexico and Panama has entered into force on 20 April 2015, after ratification by...

DTA between Chile and Argentina signed

April 22, 2015

The Income Tax Treaty between Chile and Argentina has signed on 22nd April 2015. Future information related to this treaty...

Canada: Highlights of Pre-election Federal Budget 2015

April 21, 2015

The Finance Minister delivered the Government’s 2015 pre-election federal budget on 21st April 2015. The tax highlights in the 2015...

US: The Department of Treasury announces plans to implement country-by-country (CbC) reporting

April 20, 2015

The US Treasury Department has announced plans to implement a country-by-country (CbC) reporting requirement starting for fiscal years beginning in 2016...

IMF: Using Fiscal Policy to Support Sustainable Growth

April 16, 2015

In the most recent Fiscal Monitor released on 15 April 2015 the IMF discusses how sound fiscal policy can promote...

OECD Releases Taxing Wages 2015

April 16, 2015

The latest OECD report Taxing Wages 2015 shows that the taxation of wages rose slightly for workers in the countries...

Namibia: Budget proposals for 2015-16

April 16, 2015

The Namibian budget speech for 2015-16 was delivered on 31 March 2015. In the budget it was proposed to reduce...

DTA between Kazakhstan and Vietnam ratified by Kazakhstan

April 15, 2015

The Income and Capital tax Treaty between Kazakhstan and Vietnam was ratified by the President of Kazakhstan on 15th April...