Posts by admin

Singapore: e-Tax Guide on Tax Deduction for Borrowing Costs other than Interest

August 25, 2014

The Inland Revenue Authority of Singapore (IRAS) delivered the second edition of the e-Tax Guide on Tax Deduction for Borrowing...

Canada: Announcement of mobile app for SMEs

August 25, 2014

The Canada Revenue Agency (CRA) has announced a mobile application for small- and medium-sized businesses (SMEs) that will let users...

Vietnam: Published a new Circular on foreign contractor tax

August 24, 2014

The Ministry of Finance issued Circular 103/2014/TT-BTC (Circular 103) on foreign contractor tax (FCT) on 6 August 2014. FCT is...

Spain: Releases modified tax laws by the Spanish Government

August 23, 2014

On 23 June 2014, draft bills modifying the most important Spanish tax laws were released. The Spanish Government released the...

Government of Sweden cuts growth forecast and promised to raise more taxes if re-elected

August 23, 2014

The economy of Sweden contracted slightly in the first quarter and barely grew in the April-June period as its key...

Hong Kong signed exchange of information agreement with Norway

August 22, 2014

The Government of the Hong Kong Special Administrative Region of the People’s Republic of China and the Government of the...

Hong Kong signed exchange of information agreement with Sweden

August 22, 2014

The Government of the Hong Kong Special Administrative Region of the People’s Republic of China and the Government of the...

Hong Kong signed exchange of information agreement with Iceland

August 22, 2014

The Government of the Hong Kong Special Administrative Region of the People’s Republic of China and the Government of Iceland...

Hong Kong signed exchange of information agreement with Greenland

August 22, 2014

The Government of the Hong Kong Special Administrative Region of the People’s Republic of China and the Government of Greenland...

Hong Kong signed exchange of information agreement with Faroe Islands

August 22, 2014

The Government of the Hong Kong Special Administrative Region of the People’s Republic of China and the Government of the...

Hong Kong signed exchange of information agreement with Denmark

August 22, 2014

The Government of the Hong Kong Special Administrative Region of the People’s Republic of China and the Government of the...

Ukraine changes VAT anti-fraud strategy for 2015

August 22, 2014

In order to reduce extensive fraud on VAT, the Ukraine VAT code is to be updated from January 1, 2015....

Canada: Online Tax Administration

August 22, 2014

Under Canada’s Business Accounts program, business owner will be capable of paying online taxes for the first time through the...

Venezuela-Palestinian Autonomous Area ITA approved by Venezuela

August 22, 2014

The National Assembly of Venezuela has accepted the Income Tax Agreement (ITA) between the Palestinian Autonomous Areas and Venezuela on...

Turkey: Amendment in investment incentives regime

August 22, 2014

A decree entitled “Decree 2014/6588” has published on August 6, 2014 in the Official Gazette which amends Decree 2012/3305 on...

Korea-Tax Reform Proposals for 2015

August 21, 2014

The Ministry of Strategy and Finance of Korea announced the Tax Reform Proposals for 2015 on 6 August 2014. According...

Poland: Strengthen the thin capitalization rules

August 21, 2014

The Lower House of Parliament adopted the amended final version of thin capitalization rules after approval by the Higher House of...

Israel-Germany new Income Tax Treaty signed

August 21, 2014

The new Income Tax Treaty between Germany and Israel has signed on August 21, 2014 that will replace the Germany...