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Qatar: Cabinet approves BEPS MLI

April 12, 2018

The Qatari Cabinet approved on April 11, 2018, the Multilateral Instrument (MLI) to implement into bilateral tax treaties the tax...

Canada: Federal budget bill C-74 receives first reading

April 10, 2018

The Canadian federal government released first reading of Budget Implement Act (Bill C-74) on March 27, 2018. This bill includes...

Chile: Tax authority issues Ordinances for describing dual corporate tax regimes

April 10, 2018

The tax authority has published Ordinance 470 and Ordinance 471 of 5 March 2018. It describes the application of the...

Romania: Raised 2018 VAT registration threshold

April 9, 2018

Romania has introduced a retrospective rise in its VAT registration threshold for resident businesses. It was increased to €88,500 per...

OECD: Global Forum Issues Peer Review Reports

April 7, 2018

On 4 April 2018 the OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes published peer review...

Slovak Republic: New PE Rules publishes for digital platforms

April 4, 2018

The Financial Administration has published a news regarding new permanent establishment (PE) rules for digital platforms. It was introduced by...

United States: ADD/CVD Roundup for March 2018

April 2, 2018

Following table shows the Federal Register notices related to ADD/CVD cases for March 2018 in United States. Country Product Investigations...

PGA Highlights: March 2018

April 2, 2018

In the United States the following events have taken place under the several PGA during the month of March 2018....

China: Draft Law on Resource Tax

March 31, 2018

First introduced in 1984, the Resource Tax originally applied to crude oil, natural gas, coal, and other mineral resources based...

The Swiss Federal Council approves tax proposal 17

March 31, 2018

The Swiss Federal Council has adopted the dispatch on TP17 for the attention of the Federal Assembly on 21st March...

OECD: Revenue Statistics in Latin America and the Caribbean

March 30, 2018

On 27 March 2018 the OECD released the latest edition of the publication Revenue Statistics in Latin America and the...

Puerto Rico establishes the procedure for e-filing of the corporate tax return for 2017

March 30, 2018

The Treasury Department of Puerto Rico has issued guidance (Circular Letter (CL) 18-03) for the electronic filing (e-filing) of corporate...

Poland: Government extends the special economic zone regime

March 30, 2018

On 20 February 2018, the Polish government adopted the plans to offer tax incentives to investors across the country, not...

Argentina: Deadline extends for providing incentive benefit

March 29, 2018

Argentina has published Decree 229/2018 of 16 March 2018 in the Official Gazette. It effects from January 1, 2018. Under...

Saudi Arabia: Circular regarding VAT treatment of contracts signed with government bodies

March 29, 2018

The Ministry of Finance in Saudi Arabia issued a circular on 22 March 2018 clarifying the treatment of VAT on...

Canada: Quebec issues draft budget 2018-2019

March 29, 2018

The Finance Minister of Quebec, Carlos Leitao, presented the province’s fiscal budget 2018-2019 on March 27, 2018. The main points...

Increased VAT in Draft DEF (4) in Italy

March 29, 2018

A draft of the Economic and Financial Document (DEF showed that VAT hikes under fiscal safeguard clauses will remain intact...

Singapore: Plans to increase GST rate and imposed GST on imported services

March 29, 2018

The Minister for Finance in Singapore presented Budget for 2018 on 19 February 2018. Budget 2018 proposes an increase in...