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Annual Conference of the Green Growth Knowledge Platform

February 1, 2015

The third annual conference of the Green Growth Knowledge Platform was held on 29 to 30 January 2015 with the...

IMF Comments on Senegal’s Economic Plans

February 1, 2015

The IMF Country Report No 15/2 issued in January 2015 concerned the annual bilateral discussions with Senegal and includes a...

Colombia and Portugal: DTA enters into force

February 1, 2015

On 30 January 2015, the DTA between Colombia and Portugal entered into force and it will applicable from first January...

US: IRS Volunteers Offer Free Income Tax Assistance Nationwide

February 1, 2015

More than 12,000 free tax preparation sites will be open nationwide this year as the Internal Revenue Service continues to...

Qatar and Morocco: Chamber approved the new DTA

February 1, 2015

The Moroccan Chamber of Counselors approved the new DTA with Qatar for the avoidance of double taxation and the prevention...

Qatar and Benin: Initialed DTA

February 1, 2015

Qatar and Benin initialed a DTA for the avoidance of double taxation and the prevention of fiscal evasion with respect...

Transfer Pricing Brief: January 2015

February 1, 2015

Australia     Requirement for Transfer Pricing Documentation- Taxpayers with a high risk transfer pricing profile will be held to...

Brazil: Tax Rules Revised

February 1, 2015

The Ministry of Finance released Ordinance No. 488/14 reducing the maximum income tax rate for categorization of a tax regime...

Rwanda: IMF Recommends Broader Tax Base rather than Higher Taxes

January 31, 2015

The IMF managing director visited Rwanda for three days from 26 January 2015 and a press release has been issued...

ECJ rules in case concerning VAT on letting of immovable property

January 30, 2015

The European Court of Justice (ECJ) ruled on 22 January 2015 in the case of Regie Communal Autonome du Stade...

Nigeria: Public notice of new filing rules for non-resident companies

January 30, 2015

The Federal Inland Revenue Service (FIRS) has issued a public notice in accordance with section 55 of the Companies Income...

Chile: Special income tax regime for small taxpayers

January 30, 2015

Provided by article 14 of the Income Tax Law (LIR) as amended by Law 20,780, the tax administration of Chile...

The Tax Information Exchange Agreement (TIEA) between Italy and Jersey Enters into Force

January 30, 2015

The Tax Information Exchange Agreement (TIEA) between Italy and Jersey has entered into force on January 26, 2015. Tax Information...

DTA between Belgium and the Czech Republic enters into force

January 30, 2015

The protocol amending the DTA between Belgium and Czech Republic for the avoidance of double taxation and the prevention of...

Ecuador: introduces anti-abuse provision on loans to shareholders

January 29, 2015

Under new legislation loans made by Ecuadorian companies to non-resident shareholders are treated as dividends and therefore subject to Ecuadorian...

Ecuador: Changes to corporate income tax

January 29, 2015

Generally Ecuadorian companies are subject to a 22% rate of corporate income tax. In accordance with the new law, if...

Ecuador: Changes to capital gains tax

January 29, 2015

The tax reform in Ecuador includes measures regarding the taxation of capital gains related to indirect and direct transfers of...

Latvia: Budget committee approves 9% Microenterprise tax rate

January 29, 2015

The Parliament Budget and Finance (Taxation) Committee approved in principle a draft bill which sets the micro-enterprise tax rate at...