Posts by admin

UN Taxation Experts Discuss International Tax Issues

November 3, 2014

The tenth session of the UN Committee of Experts on International Cooperation in Tax Matters took place in Geneva from...

European Commission Proposals for the Future of VAT in the EU

November 3, 2014

The European Commission issued a paper on 30 October 2014 outlining ideas on creating a more effective VAT system that...

OECD Report on Tax Compliance by Design

November 3, 2014

A new OECD report entitled “Tax Compliance by Design: Achieving Improved SME Tax Compliance by Adopting a System Perspective” was...

Uruguay: Due date extends for nonresident entities to file return

November 3, 2014

According to the Resolution dated on 13 October 2014, Economy and Finance Ministry of Uruguay will permit nonresident entities that have...

Finland: Companies must submit reports on construction by November 5

November 3, 2014

Businesses and self-employed operators who are buyers or customers, including housing companies and real must submit their reports for September...

Uruguay: New tax credit certificate regulations issues

November 3, 2014

Uruguay has issued Resolutions No. 3,905 and 3,906 on 30th October 2014 for announcing new regulations regarding tax credit certificates. Resolution...

UK: No paper tax returns from November 2014 otherwise a penalty of £100

November 3, 2014

The deadline for filing paper tax return has passed on 31 October, 2014. HM Revenue and Customs (HMRC) will not...

Spain Launches New Deferral Import Regime for 2015

November 3, 2014

Spain is set to launch an important import VAT postponement regime which will offer importers major cash-flow incentives. The new...

Transfer Pricing Brief: October 2014

November 3, 2014

Australia Intangible Property-The ATO is increasing the amount of resources devoted to examining business restructurings, marketing hubs and intangible assets.Financial...

Malta- Mauritius Signs Double Taxation Agreement (DTA) on October 15, 2014

November 3, 2014

Malta has signed Double Taxation Agreement (DTA) with Mauritius on October 15, 2014 with a view to avoid double taxation...

Spain: Congress Approves Disputed ‘Google Tax’

November 3, 2014

Spain’s parliament has approved new intellectual property laws that allow news publishers to charge aggregators each time they display news...

India:  Simplifies immigration procedures for Japanese nationals

November 3, 2014

The Government of India has simplified the rules on the validity of residential permits and visa/residential permit extension procedures for...

Vietnam:  Decree 91 Introduces Tax Incentives For Manufacturing and Technology

November 2, 2014

Vietnam’s Decree 91/2014/ND-CP (Decree 91) on VAT and corporate income tax (CIT) will come into effect on 15 November 2014....

OECD: Transfer pricing documentation – Country by Country Reporting

November 2, 2014

Action 13 of the action plan on Base Erosion and Profit Shifting (BEPS) is concerned with supplying the tax administration...

Luxembourg-UAE signs a protocol to amend the Double Tax Agreement

November 1, 2014

The Luxembourg and the UAE have signed a protocol to amend the existing double tax agreement among them. The withholding...

DTA between Argentina and Switzerland approved by Argentina

November 1, 2014

The Argentine Senate approved the Income and Capital Tax Treaty between Argentina and Switzerland, on October 22, 2014 and it...

Netherlands: signs agreement on exchange of tax information with 50 countries

November 1, 2014

Finance minister of Netherlands Jeroen Dijsselbloem signed a declaration today with 50 other countries, committing the signatories to exchange tax-information...

Sri Lanka Planning To Cut VAT From 2015

November 1, 2014

The Government has announced a reduction in VAT in 2015 from 12% to 11%. The proposed reduction came as part...