Posts by admin

Lithuania Accepts the Amendments to the Law on State Social Insurance

December 18, 2014

The Lithuanian parliament adopted the amendments to the Law on State Social Insurance on 11 December 2014. If the President...

WTO Rejects Countervailing Case Appeal By US With China

December 18, 2014

The Appellate Body of the WTO announced rulings, on December 18,  in favor of China in a complex case dealing...

US: Senate Passes Tax Extenders Bill

December 18, 2014

The US Senate approved the “Tax Extenders Bill” on 16 December, 2014. The bill, which extends the life of a...

Ukrainian Cabinet Dissolves DTA With Cyprus

December 18, 2014

The Cabinet of Ministers of Ukraine approved the draft law on the denunciation of the Cyprus – Ukraine Income Tax Treaty...

US and Curaçao Sign FATCA Intergovernmental Agreement

December 18, 2014

An intergovernmental agreement (IGA) for the implementation of the Foreign Account Tax Compliance Act (FATCA) was signed between Curaçao and...

Nigeria: First audit cycle under new transfer pricing regulations starts

December 17, 2014

The Federal Inland Revenue Service (FIRS) in Nigeria has built a Transfer Pricing Division on November 2013 that is accountable...

Denmark & Ireland: Protocol to DTA ratified by Denmark

December 17, 2014

On 9 December 2014 Denmark ratified the amending protocol to the Denmark – Ireland Income Tax Treaty (1993), by way...

Hong Kong ratifies WTO’s Trade Facilitation Agreement (TFA)

December 17, 2014

Hong Kong, China has become the first WTO member to formally ratify the WTO’s new Trade Facilitation Agreement (TFA). Hong...

South Africa Issues Tax Exemption Guide for Public Benefit Organisations

December 17, 2014

The South African Revenue Service (SARS) issued a revised version of its tax exemption guide on 15 December 2014.  The...

China signed a protocol to amend its DTA with Estonia

December 16, 2014

On Tuesday, 9 December 2014, Mr. Xie Xuezhi, Deputy Director of State Administration of Taxation of China and Mr. Veiko...

UK & Canada: DTA ratified by UK

December 16, 2014

The United Kingdom has ratified its DTA with Canada on December 10, 2014.

UK: ratification of DTA with Tajikistan

December 16, 2014

The United Kingdom has ratified its Double Tax Agreement (DTA) with Tajikistan on December 10, 2014.  

DTA between Argentina and Switzerland ratified by Argentina

December 15, 2014

Argentina ratified the new Income and Capital Tax Treaty between Argentina and Switzerland, by way of Law No. 27.010, on...

Singapore Modifies Tax Information Exchange Procedure

December 15, 2014

According to a report issued in relation to the international standard for exchange of information for tax purposes (the EOI...

Free Trade Agreement between Australia and Korea

December 15, 2014

On Friday, 12 December 2014, a free trade agreement (FTA) between Australia and Korea entered into force. The Korea-Australia Free...

France: Assembly Passes Second Draft Finance Bill For 2014

December 15, 2014

The draft amending budget for 2014 was passed at first reading by the French assembly on 9 December 2014. The legislation also...

Finland: Government Publishes Transfer Pricing Guidebook For Companies

December 14, 2014

The Finish Prime Minister’s Office published a guidebook on transfer pricing (TP) rules for Finnish companies on December 4, 2014....

Hong Kong and UAE Sign Comprehensive Double Taxation Agreement

December 14, 2014

Hong Kong signed a comprehensive double taxation agreement (DTA) with the United Arab Emirates (UAE) in Dubai on December 11,...