Posts by admin

Canada: New Democratic Party would aim tax agency reforms

March 9, 2015

In Canada, New Democratic Party (NDP) has declared that if the party win this year’s general election, it would prioritize...

Tax Treaty News: February 2015

March 8, 2015

Turkey and Kosovo The Turkish Council of Ministers ratified the DTA between Turkey and Kosovo as published in the Official...

United States: ADD/CVD Roundup for February 2015

March 8, 2015

Following table shows the Federal Register notices related to ADD/CVD cases for February 2015 in United States. Country Product Investigations Case...

UK: Draft legislation to be introduced restricting bank loss relief

March 7, 2015

The UK budget measures are to be announced on 18 March 2015 and after that date the Finance Bill 2015...

UK: Consultation on Hybrid Mismatch Arrangements

March 6, 2015

An issue that is ongoing but will not be included in the UK Finance Bill 2015 is the introduction of...

UK: draft legislation on country by country reporting

March 6, 2015

The UK Finance Bill 2015 that will be published soon after the budget announcements of 18 March 2015 is to...

UK: Diverted Profits Tax to be introduced in April 2015

March 6, 2015

The UK budget proposals for 2015 are to be announced on 18 March 2015, following which the Finance Bill 2015...

Chile: Tax administration clarifies income tax treatment from bonds and other debts instruments

March 6, 2015

The tax administration has issued Ruling 604 of 25th February 2015 that describes income tax treatment derived by non-residents from...

Georgia: IMF report recommends tax increases

March 5, 2015

The IMF has released a concluding statement at the conclusion of a staff visit to Georgia. The Georgian economy has...

Nigeria: IMF comments on fiscal policy

March 5, 2015

On 4 March 2015 the IMF issued a press release on the conclusion of consultations with Nigeria under Article IV...

Canada: New funding announces to support mining oil and gas exploration

March 5, 2015

The Canadian Finance Minister has declared the current intention of Government is to give support for the mining and oil...

IMF comments on Malaysia’s economic position

March 4, 2015

On 13 February 2015 the IMF executive board concluded consultations with Malaysia under Article IV of the IMF’s articles of...

ECJ: Advocate General issues an opinion on exit tax and freedom of establishment

March 4, 2015

On 26 February 2015 the Advocate General of the European Court of Justice (ECJ) issued an opinion on an issue...

Spain: Council of Ministers approves second chance mechanisms

March 4, 2015

The Council of Ministers has approved on 28 February, 2015 the “Royal Decree Law on second chance mechanisms and the...

OECD study on the distributional effects of consumption taxes

March 3, 2015

A study recently released by the OECD on the distributional effects of consumption taxes in OECD countries is a result...

IMF comments on Latvian fiscal policy

March 3, 2015

IMF staff released a statement on 2 March 2015 at the conclusion of their visit to Latvia under Article IV...

Cyprus and Barbados: DTA negotiations

March 3, 2015

Cyprus and Barbados have confirmed that they are in negotiations towards a double tax agreement (DTA), which could be signed...

OECD publishes latest study on consumption tax trends

March 2, 2015

The latest edition of the OECD study on consumption tax trends has been published. The OECD study covers the general...