Posts by admin

Japan- Qatar: Income Tax Treaty Signed

February 24, 2015

The Japan – Qatar Income Tax Treaty (2015) was signed on 20 February 2015 in Tokyo. Once in force and...

Singapore: Budget proposals for 2015

February 24, 2015

The Finance Minister of Singapore presented The Budget for 2015 to Parliament by on 23 February 2015. The proposals include...

Nigeria: Stock exchange rules regarding related-party transactions

February 23, 2015

The Nigerian Stock Exchange has issued rules for lending transactions with related parties or interested persons to guard against the...

Italy and Luxembourg: Protocol to DTA

February 23, 2015

The Protocol to the Double Taxation Agreement (DTA) between Italy and Luxembourg came into force on January 20, 2015.

South Africa & Barbados- The Tax Information Exchange Agreement Enters Into Force

February 23, 2015

The Tax Information Exchange Agreement (TIEA) between South Africa and Barbados has been approved by Parliament in terms of section...

Nigeria: Tax-free treatment period for pioneer certificates has been reduced

February 23, 2015

The Nigerian Investment Promotion Council (NIPC) has reduced the available tax-free treatment period from 5 years to 3 years on...

Canada: New Transfer Pricing Memorandum (TPM-16) published

February 23, 2015

The Canada Revenue Agency (CRA) has published new Transfer Pricing Memorandum (TPM-16) on 23rd February 2015 that reconfirms the CRA’s...

India- Trade Agreement With GCC

February 22, 2015

The Gulf Cooperation Council (GCC) and India are in the process of negotiating a Free Trade Agreement. The Gulf Cooperation Council (GCC)...

Oman – No New Taxes In 2015 Budget

February 22, 2015

In the budget for 2015, all income from the projects taxes and fees will increase by 28.5% and there was a discussion...

Bahrain and Pakistan Sign a Protocol to Amend the 2005 Tax Treaty

February 22, 2015

On January 7, 2015 Bahrain and Pakistan signed a protocol. This is the first protocol to amend the double tax...

Bahrain and Cyprus: Draft Income Tax Treaty Approved By Bahraini Cabinet

February 22, 2015

The Bahraini Cabinet approved the draft income tax treaty with Cyprus, on 19th January 2015. This will be the first...

Kuwait and Lithuania: Income Tax Treaty Approved

February 22, 2015

A pending income tax treaty with Lithuania was approved by Kuwait’s National Assembly on January 27, 2015. Both countries apply...

Morocco and Belgium: Ratification Of Social Security Agreement

February 22, 2015

On January 21, 2015 the Moroccan Chamber of Counselors approved laws on ratifying a social security agreement (SSA) with Belgium....

Mali-Morocco: Income Tax Treaty Signed

February 22, 2015

On February 20, 2014 the Mali-Morocco treaty was signed in Bamako. Both countries use the credit method to eliminate double...

Morocco-Qatar: Income Tax Treaty Signed

February 22, 2015

On December 27, 2013, the Morocco and Qatar Income Tax Treaty was signed in Marrakesh and upon entering into force,...

Kazakhstan Approves Pending Income Tax Treaty with Qatar

February 22, 2015

The Kazakh Senate approved a law on ratification of the pending income tax treaty with Qatar, on January 15, 2015. This...

Qatar Approves Draft Income Tax Treaty with Japan

February 22, 2015

The Qatari government approved the signature for a draft income tax treaty with Japan on January 14th, 2015. This would...

Ukraine: State Tax Service Clarifies Amendments of the Tax Code

February 22, 2015

The State Tax Service issued a letter on 21 January 2015 clarifying the latest amendments to the Tax Code in relation to taxation...