Posts by admin

Israel: Details of Budget for 2015

October 28, 2014

The government has approved the 2015 Budget proposal on 7 October 2014, which will now be transferred to the parliament...

Court decides that the provision of tax treaties between Germany & Russia do not obstruct the application of thin capitalization rules

October 27, 2014

The Federal Arbitration Court of the Moscow decides that the provision of tax treaties between Germany & Russia do not...

Oman calls for forceful implementation of International Financial Reporting Standards (IFRS)

October 27, 2014

Recently, financial report by Middle East official was setting out principles on the significant developments and key changes to keep...

Qatar and Turkey- new income tax treaty

October 27, 2014

Negotiation of a new income tax treaty is on the way, between Qatar and Turkey. The treaty of December 25,...

The Protocol to Tax Treaty between Morocco and India

October 27, 2014

On August 2013, the protocol to the Morocco and India tax treaty was signed in New Delhi. The protocol updates on...

Tax Treaty Signed between Morocco and Serbia

October 27, 2014

On 6th June 2013, the Morocco and Serbia tax treaty was signed in Belgrade. The treaty provides: Dividends, interest, and royalties...

Income Tax Treaty Negotiations between Australia and UAE

October 27, 2014

The progress of income tax treaty negotiations between Australia and U.A.E were discussed recently, between Australian Treasurer and United Arab...

Slovenia-UAE Income Tax Treaty entered into force

October 27, 2014

The Income Tax Treaty between Slovenia and United Arab Emirates has entered into force on 27 August 2014 and it usually...

Approval of a pending protocol between Poland and U.A.E

October 27, 2014

The pending protocol was approved by United Arab Emirates Cabinet on 12  October, 2014. This pending protocol replaces the treaty...

DTA between Uruguay and United Arab Emirates signed

October 27, 2014

On  10 October 2014 an Income Tax Treaty signed between Uruguay and United Arab Emirates. The treaty will enter into force...

Slovak Republic: Changes to law on excise duties

October 27, 2014

National Council has adopted some changes in the laws regarding excise duties on 22 October 2014. The provisions will be...

Czech Republic: New reduced VAT Rate has approved by Lawmakers

October 27, 2014

The Senate of Czech Republic has accepted a draft bill for introducing a 10% VAT rate on October 22, 2014....

Income Tax Treaty between Kuwait and Lithuania

October 26, 2014

The Kuwait and Lithuania income tax treaty was signed on April 18, 2013.The treaty will enter into force after both...

DTA between Hungary and UAE entered into force

October 26, 2014

The DTA between Hungary and United Arab Emirates entered into force on 4 October 2014 and will applicable from 1...

Latvia and the United Arab Emirates- Air Services Agreement

October 26, 2014

Air services agreement was signed between Latvia and the United Arab Emirates. The agreement proposes to establish a legal framework...

Malaysia: Approves budget for 2015

October 26, 2014

Malaysia’s Finance Minister delivered the 2015 Budget on 10 October 2014. The current statute of limitation for tax adjustment in...

GCC average salaries in 2015 are set to rise 5% as per latest pay forecast

October 25, 2014

Salaries of GCC countries are set to rise next year as per the pay forecast of Hay Group, the global...

DTA between Azerbaijan and Saudi Arabia approved by Azerbaijan

October 24, 2014

Azerbaijan and Saudi Arabia have signed a protocol for the avoidance of double taxation and the prevention of fiscal evasion...