Posts by admin

Belarus and the United States signed a Foreign Account Tax Compliance Act (FATCA) Agreement

March 25, 2015

Belarus and the United States signed a Foreign Account Tax Compliance Act (FATCA) Agreement on 20 March 2015 More specifically,...

OECD: Meeting of Task Force on Tax and Development

March 24, 2015

On 18 March 2015 the OECD’s Task Force on Tax and Development met to consider the input resulting from regional...

UK: Finance Bill 2015 published

March 24, 2015

The UK Finance Bill (No.2) Bill was introduced into parliament on 24 March 2015. The Bill contains measures announced in...

Social security agreement between Chile and United Kingdom entered into force

March 24, 2015

The Social Security Agreement between Chile and United Kingdom will be entered into force and effective on 1st June 2015.

UK: HMRC to publish new pensions guidance manual

March 23, 2015

The UK tax authority HM Revenue and Customs (HMRC) announced on 20 March 2015 that it will be publishing a...

Switzerland and EU Initial Agreement on Automatic Exchange of Information

March 23, 2015

It is reported that Switzerland and the EU initialed a draft agreement on the exchange of tax information on 19...

Switzerland: Goes forward to Phase 2 of the global forum peer review

March 23, 2015

On 16 March 2015 the Global Forum on Transparency and Exchange of Information for Tax Purposes published a supplementary report...

OECD holds public consultation on transfer pricing issues

March 22, 2015

On 19 and 20 March 2015 the OECD held a public consultation on transfer pricing matters arising from the action...

UK: Announces support for the oil and gas industry

March 21, 2015

On 20 March 2015 the UK government announced a package of support for the oil and gas industry. A new...

UK: Proposes new measures to tackle tax evaders

March 20, 2015

The UK has announced new measures to deal with tax evasion. The proposed measures are outlined in a policy paper...

Vietnam: Related party transactions form replaced

March 20, 2015

As per prior guidance of Ministry of Finance, taxpayers need to use Form 03-7/TNDN to disclose their related-party transactions from...

Spain: Publishes draft Corporate Income Tax Regulations

March 20, 2015

The Spanish Ministry of Finance released a draft regulation on Corporate Income Tax on March 18, 2015. Included in the regulations are some...

Taiwan: Amendments to Transfer Pricing Rules 

March 20, 2015

The Ministry of Finance announced on 6 March 2015 amendments to the transfer pricing rules governing non-arm’s length transactions of...

Indonesia: IMF comments on fiscal policy

March 19, 2015

The IMF has issued a report after its Article IV consultations with Indonesia. The Indonesian economy slowed in 2014 but...

Canada: Indirect tax responsibilities for financial organizations

March 19, 2015

Under their GST/HST and QST annual information returns, many financial institutions will have to file their final returns regarding Goods...

European Commission Presents Tax Transparency Package

March 19, 2015

On 18 March 2015 the European Commission issued a range of measures aimed at tacking corporate tax avoidance and harmful...

FATCA agreement between US and Singapore entered into force

March 19, 2015

The United States-Singapore Foreign Account Tax Compliance Act (FATCA) Agreement entered into force on 18 March 2015. This was a...

Canada: Indirect tax compulsions for financial organizations

March 19, 2015

Many Financial institutes have to be filed their 2014 GST/HST and QST final returns on or before 30th June 2015...