Posts by admin

Austria:  Approves draft version of 2nd Tax Law Amendment Act 2014

November 23, 2014

The government of Austria approves a draft version of the 2nd Tax Law Amendment Act 2014 (2. Abgabenänderungsgesetz 2014) on...

Australia: New Taxation Ruling TR 2014/6 introduced by the Australian Taxation Office (ATO)

November 23, 2014

Taxation Ruling TR 2014/6 gives guidance on identifying situations where the form of commercial or financial relations differs from the...

Canada: Pension contribution boundaries for 2015

November 20, 2014

The Canada Revenue Agency (CRA) has declared the 2015 contribution bounds for retirement-related and pension plans. It incorporates Money Purchase...

Russia: President signs new tax monitoring law

November 20, 2014

The Russian President has signed the Federal Law No. 348-FZ on 4th November 2014 that enacts a new tax administration regime...

Slovak Republic: Law amendments regarding excise duties signs

November 20, 2014

The amendments to the law related to excise duties were signed by the President on 19th November 2014.

Russia: CFC law has been adopted by the Federal Council

November 20, 2014

The Federal Council has adopted the draft law on 19th November 2014 that initiates the CFC rules. There is no...

Venezuela: Amendments contain income tax and VAT

November 20, 2014

The president has declared the enactment of a series of laws to notice the economic development in Venezuela on 18th...

Hungary: Presents tax laws for 2015

November 19, 2014

The tax laws for 2015 were presented to the parliament by the government on 28 October 2014. According to the...

Turkey-Iraq Income and Capital Tax Treaty has authorized and signed by Iraq

November 19, 2014

The Iraqi Council of Ministers has certified the Finance Ministry to negotiate and sign an Income and Capital Tax Treaty...

Venezuela: Increment of Monthly Minimum Salary (MMS)

November 19, 2014

The Decree 1.431 has released in Official Gazette No. 40.542 on 17th November 2014 to increase the Monthly Minimum Salary...

Spain: Real Time VAT Reporting From 2017

November 18, 2014

The Spanish government has announced that it will introduce a new real-time VAT reporting system from January 1 2017, requiring...

Czech Republic-Slovak Republic Exchange of Information Agreement signs

November 18, 2014

The Tax Exchange of Information Agreement (TIEA) between Czech Republic and the Slovak Republic has signed on 13th November 2014...

Israel: Implementation of the automatic exchange of financial account information

November 18, 2014

The Finance Ministry has introduced on 27th October 2014 that Israel may begin the implementation of the automatic exchange of...

Australia and China confirm FTA agreement

November 18, 2014

Australia and China has confirmed the conclusion of a free trade agreement (FTA). If the agreement is fully implemented, it...

Sweden: Ratification of TIEAs with Grenada and Macau

November 18, 2014

Sweden has ratified its TIEAs with Grenada and Macau on November 5, 2014.

Canada-Spain Signs protocol to Income and Capital Tax Treaty

November 18, 2014

The amending protocol to Income and Capital Tax Treaty (1976) between Canada and Spain has signed on 18th November 2014...

Czech Republic: Burden of proof regarding investment incentives and transfer prices

November 17, 2014

The Supreme Administrative Court of the Czech Republic has issued a decision in a case regarding a company that took...

Singapore:  E-filing Available for all Companies

November 17, 2014

From 2015 the Inland Revenue Authority of Singapore (IRAS) will make e-filing available to all companies onwards. Presently, only small...