Posts by admin

Slovenia-U.A.E Income Tax Treaty ratified

September 26, 2014

The Income Tax Treaty between United Arab Emirates and the Slovenia has been ratified by the way of Decree No....

UAE-Hungary Income Tax Treaty ratified

September 26, 2014

According to the Decree No. 73/2014, the Income Tax Treaty between United Arab Emirates and Hungary has been ratified. The...

UAE-Benin Tax Treaty ratified

September 26, 2014

According to Decree No. 71/2014, the tax treaty between United Arab Emirates and Benin has been signed on 4 March...

Italian individual income tax returns will be pre-compiled

September 25, 2014

Italy’s Cabinet re-examined the draft law decree at its meeting on September 19. As per the decree individual income tax...

Nigeria: Interests on inter-company loans are tax-deductible

September 25, 2014

The Tax Appeal Tribunal held that Nigerian company prepared interest payments on its inter-company loans are tax deductible, given that...

Czech Republic-Liechtenstein Tax Treaty signed

September 25, 2014

The Income and Capital Tax Treaty between Czech Republic and Liechtenstein on 25 September 2014 has been signed. In accordance with the...

UK will begin to register digital firms under its Mini One Stop Shop (MOSS) special scheme

September 25, 2014

New and amended legislation will come into effect on 1 January 2015 which effectively expands the scope of the previous...

OECD: Released a Roadmap to support developing countries in implementing the new global standard for the automatic exchange of tax information.

September 24, 2014

The Organization for Economic Co-operation and Development (OECD) released on September 22, 2014, goals to support developing countries in executing...

Canada-Korea (Rep.) Free Trade Agreement signs

September 24, 2014

The Free Trade Agreement (FTA) between Canada and Korea (Rep.) (CKFTA) has been signed on 22 September 2014 that will...

UAE-Barbados Income Tax Treaty signed

September 24, 2014

The Income Tax Treaty between Barbados and the United Arab Emirates has been signed on 24 September 2014. Further details...

China: Bonded treatment for steel imports revoked

September 24, 2014

Chinese Ministry of Finance, the General Administration of Customs, and the State Administration of Taxation jointly issued a notice that...

Russia: Obligatory notification for dual nationality or foreign residence permits requires

September 24, 2014

Russia acted out a law that effective from 4 August 2014 requiring Russian citizens to give notice to the Federal...

Spain: Planning To Change VAT Compliance 2015

September 23, 2014

The Spanish Government is planning to change the Spanish Value Added Tax regime and this will be effective from 1 January...

Treaty Between Cyprus And Norway Enters Into Force

September 23, 2014

The new Income Tax Treaty between Cyprus and Norway entered into force on 8 July 2014 and its provisions will...

US House Passes The Jobs For America Act

September 23, 2014

The House of Representatives passed the Jobs for America Act by a vote of 253  to 163, which includes the...

South Africa: SARS Issues Draft Guide On Special Trust Taxation

September 23, 2014

The South African Revenue Service (SARS) has published a draft guide on the taxation of “special trusts,” which has been...

US-Brazil: Intergovernmental agreement (IGA) has been signed

September 23, 2014

Brazil and the United States signed an IGA (intergovernmental agreement) on 23 September 2014 in order to apply FATCA (Foreign...

German Fiscal Stimulus Measures has been called for by the ECB official

September 23, 2014

German Fiscal Stimulus Measures has been called on the German Government by a top European Central Bank (ECB) official and...