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Spain: Treaty Details With Andorra

February 22, 2015

A double tax treaty was signed between Spain and Andorra on 8 January 2015. The treaty generally follows the provisions of...

OECD makes recommendations to Italy on tax policy

February 21, 2015

The OECD Economic Survey of Italy released on 19 February 2015 notes that Italy is undertaking ambitious reforms to increase...

OECD holds a public discussion on BEPS action 4

February 20, 2015

On 17 February 2015 a public consultation was held on Action 4 of the OECD/G20 action plan on base erosion...

Italy and Liechtenstein: First Move for Tax Information Exchange Agreement (TIEA)

February 20, 2015

The Ministry of Economy and Finance of Italy announced that a Tax Information Exchange Agreement (TIEA) with Liechtenstein had been initialed...

Belgium approves DTA Protocol with Greece

February 20, 2015

On January 30, 2015, Belgium’s Cabinet approved the pending Protocol to the Double Tax Agreement (DTA) signed between Belgium and...

Ireland and Marshall Islands: Tax Information Exchange Agreements (TIEA)

February 20, 2015

On February 10, 2015, the TIEA between Ireland and the Marshall Islands entered into force and effective from that date.

Slovenia: IMF makes Policy Recommendations

February 19, 2015

On 13 February 2015 the International Monetary Fund (IMF) concluded consultations with Slovenia under Article IV of its articles of...

WTO -Summary of ongoing work for 2015

February 19, 2015

A Parliamentary Conference hosted recently by the World Trade Organization (WTO) was arranged by the Inter-Parliamentary Union and the European...

Nigeria: Reduced withholding tax rate regarding construction activities

February 19, 2015

The withholding tax rate has reduced from 5% to 2.5% which is applicable to all aspects of building, construction, and...

Finland: Proposal to amend the taxation of non-residents by assessment

February 19, 2015

Finnish Government proposes an amendment of the taxation for non-resident individual by assessment presenting a law proposal (HE365/2014) on 12...

Chile: Changes to Thin Capitalization rules

February 19, 2015

The Circular 12 regarding amendments to the thin capitalization rules introduced by Law 20,780 of the tax administration has released...

WTO Director-General addresses LDC Group Ambassadors and Experts Retreat

February 18, 2015

The World Trade Organization (WTO) Director-General has noted in a speech to the Less Developed Countries (LDC) Ambassadors and Experts...

IMF-JICA conference supports inclusive growth for Asian frontier and developing economies

February 18, 2015

The third conference held by the IMF and JICA (the Japan International Cooperation Agency) has discussed the participation of frontier...

Canada: Budget 2015–16 of British Columbia issued

February 18, 2015

The Finance Ministry of British Columbia has listed the province’s fiscal 2015-2016 budget. The 2015 budget did not bring any...

Cyprus: Central Bank To Reduce Interest Rates

February 18, 2015

The Central Bank of Cyprus announced lowering its interest rates by 1 percent as of March 1, 2015. The reduction will...

DTA between Qatar and Bangladesh ratified

February 18, 2015

On February 4, 2015, Qatar’s Cabinet ratified the pending DTA between Qatar and Bangladesh at its meeting for the avoidance...

Canada: Federal budget 2015 could come in May

February 18, 2015

The Canadian Finance Minister declared that the federal budget 2015 has been postponed until April or later because of oil...

ECJ rules on applicability of national procedures in abusive practices

February 17, 2015

On 12 February 2015 the European Court of Justice (ECJ) gave a preliminary ruling on a value added tax (VAT)...