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Hong Kong and South Africa Sign Comprehensive Double Taxation Agreement (CDTA)

October 18, 2014

Hong Kong and South Africa have signed an agreement, on 17 October 2014, for the avoidance of double taxation and...

Peru’s government plans to introduce subsidies and cutting taxes to face the economic slowdown

October 17, 2014

The Government of Peru has planned to introduce subsidies and cutting taxes to encourage investment and cushion export sectors from...

Luxembourg: New tax measures take place for corporation and individual effective from 1 January 2015

October 17, 2014

The Parliament of Luxembourg published its bill 6720 & 6722 on 15 October 2014 regarding new tax measures for corporation...

Luxembourg: New Transfer Pricing rules from 2015

October 17, 2014

A new transfer pricing rules will take effect in Luxembourg from the year 2015 in line with international principles and...

Portugal: Corporate tax cut proposed in 2015 budget

October 17, 2014

The government of Portugal proposes corporate tax rate cut from 23% to 21% in 2015 budget. The parliament of Portugal...

New report publishes on EU tax policy Changes in 2014

October 17, 2014

A new tax report on key tax reforms implemented by the European Union member states during 2014   was published by...

Belgium: Advance invoice rules on VAT will be effective from 2015

October 17, 2014

The VAT advance invoice rules has been issued by the Belgium tax authorities this week and published as Administrative decision...

Spanish Cabinet authorizes the signing of the protocol between Spain and Canada

October 17, 2014

The Spanish Cabinet authorized the signing of the Protocol between the Kingdom of Spain and Canada, amending the agreement between the...

Canada: Income tax rate reduction for small business in New Brunswick

October 17, 2014

New Brunswick declared that the State will reduce its small-business income tax rate from 4.5% to 4% and will start...

Ireland: Individual Income tax cuts in Budget of 2015

October 16, 2014

Finance Minister of Ireland has announced to cut the marginal rate of individual tax and also set out plans for...

China: Plans to investigate distribution of dividends made to nonresidents

October 16, 2014

The State Administration of Taxation (SAT) has planned to investigate the distribution of dividends made to nonresidents in calendar year...

China: Announces accelerated depreciation method for deferring corporate income taxes

October 16, 2014

The accelerated depreciation methods will be allowed in China to promote technology innovation and economic development. The Executive Meeting of...

UK-Netherlands Double Taxation Convention

October 16, 2014

The competent authorities of the United Kingdom and the Netherlands have reached the following mutual agreement regarding the application of...

Spanish Tax Scheme For Foreign Acquisitions Is Incompatible, Says EU

October 16, 2014

The European Commission has reported that a new interpretation of a Spanish tax scheme benefiting companies acquiring foreign shareholdings is...

Malta: No requirement of Mini One Stop Shop (MOSS) Invoices

October 16, 2014

Malta will not be required to provide VAT invoices in accordance with the normal VAT invoice disclosure requirements of the EU VAT Directive...

China signs a new tax treaty with Russia

October 16, 2014

China and Russia entered into a new double taxation treaty which was signed on October 13, 2014.

Argentina – Switzerland: DTA has been approved

October 16, 2014

Income and Capital Tax Treaty between Argentina and Switzerland of 2014 has approved by the Swiss Federal Council on 15 October...

India: Implementation of the new Bill on Goods & Services Tax from 2016

October 16, 2014

The Indian Goods & Services Tax (GST) implementation plans took a big step forward last week as a new Bill...