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Cyprus and Guernsey Sign bilateral Double Tax Agreement

August 5, 2014

In order to avoid double taxation, Cyprus and Guernsey signed an Income and Capital Tax Treaty on 29 July 2014....

Ukraine: Certain corporate income tax incentives to be abolished

August 4, 2014

The Ukraine parliament adopted the Law No.4309A, on 31 July 2014 which was issued on 21 July 2014, with eliminating...

PGA Highlights: July 2014

August 4, 2014

In United States, The following events have been taken place under the several PGA during the month of July 2014. Agencies Summary...

US and Gibraltar exchange of information agreement entered into force

August 4, 2014

The amending protocol between United States and Gibraltar, signed on 8 May 2014, entered into force on 29 June 2014....

UK: Certificates of residence for registered pension schemes changes

August 4, 2014

The process for applying for a certificate of residence for a registered pension scheme changes from 4 August 2014. If...

Czech Republic: Excise duty on cigarette raised to EU minimum

August 4, 2014

The Czech Republic has approved legislation increasing the excise duty on cigarettes by CZK3-4 to bring its rates into line...

South Africa: VAT Update 2015

August 2, 2014

A number of changes of South African VAT are coming from April 1, 2015. This is the additional part to...

India: Amended the transfer pricing rules in budget 2014

August 2, 2014

On 10 July 2014, the Finance Minister proposes amendments to India’s transfer pricing rules in India’s budget of 2014. The...

France-Amended Finance Bill for 2014

August 1, 2014

The national assembly of France adopted the Amended Finance Law and the Amended Finance Law on Social Security for 2014...

Czech Republic-Monaco TIEA signed

August 1, 2014

The Tax Exchange of Information Agreement (TIEA) between Czech Republic and Monaco has signed on July 31, 2014 regarding tax...

Ireland and Denmark signed a Protocol

August 1, 2014

On July 22, 2014, Ireland and Denmark signed a Protocol to amend their Double Tax Agreement.

Russia: MoF clarified that exemption of interest is accepted upon confirmation

August 1, 2014

On the basis based of Russia-United Kingdom Income Tax Treaty, the Ministry of Finance released Letter No. 03-04-05/24803 issued on ...

New Zealand-United States: FATCA agreement enters into force

July 31, 2014

Foreign Account Tax Compliance Act (FATCA) between New Zealand and United States has entered into force on 3 July 2014.

Canada -Tax measures in budget bill

July 31, 2014

Bill 26 has received first reading on July 24, 2014 and includes tax measures as follows: Increment of individual income...

Canada–UK Income Tax Treaty Protocol Amendments

July 31, 2014

Recently, Canada has accepted to amend the Income Tax Treaty protocol with the United Kingdom that was signed July 21,...

Slovak Republic: Amendments to the VAT Act

July 30, 2014

The president of Slovak Republic has signed the law on July 25, 2014 regarding changes to the Value Added Tax...

Brazil: Desire to complete the Mercosur-Pacific Alliance FTA

July 30, 2014

Brazil desires to complete the free trade agreement (FTA) between the Latin American trade alliance and the Pacific Alliance (which...

Poland-Guernsey: Income tax treaty enter into force

July 30, 2014

The income tax treaty of 2013 between Poland and Guernsey will enter into force on 1 October 2014 and it...