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Cyprus and Switzerland Sign bilateral Double Tax Agreement

July 29, 2014

In order to avoid double taxation, Cyprus and Switzerland signed an Income and Capital Tax Treaty on 25 July 2014....

Venezuela: Foreign exchange rate for customs activities

July 29, 2014

At the beginning of July 2014, the central bank of Venezuela has published guidance establishing the foreign currency rate of...

Czech Republic: Proposal for changing VAT rate

July 28, 2014

The lower chamber of the Czech parliament accepted in the third reading the VAT law amendment on July 23, 2014...

Bulgaria: Amendments in CIT, VAT and social security

July 28, 2014

The Budgetary and Finance Commission of the parliament is currently discussing some amendments in corporate income tax, VAT and social...

Bulgaria – Norway DTA signed

July 28, 2014

The Bulgarian Ministry of Finance confirmed that a new Double Taxation Agreement (DTA) have signed between Bulgaria and Norway on...

Nigeria: Changes Income tax law for companies

July 24, 2014

According to section 55 of the income tax law for companies, the Federal Inland Revenue of Nigeria has declared a...

Bulgaria-Norway DTT signed

July 23, 2014

The new Income and Capital Tax Treaty between Bulgaria and Norway has signed on July 22, 2014. This new treaty...

OECD: Released Global Standard for Automatic Exchange of Tax Information

July 22, 2014

Recently, the Organization for Economic Cooperation and Development has released the full version of the OECD’s new standard for the...

France- Investment Protection Agreement with Colombia

July 22, 2014

The French-Colombian investment protection agreement was signed on 10 July 2014. The agreement will improve bilateral exchange. The agreement is...

South Korea- No Budget for 2014

July 22, 2014

South Korea’s Minister of Strategy and Finance revealed that the government will not introduce a supplementary budget in fiscal year...

Canada-UK DTA revises

July 22, 2014

The Double Tax Agreement (DTA) protocol between Canada and the UK has signed on July 21, 2014 that amends its...

Peru-New resolution on reporting of stocks and shares

July 21, 2014

The Peruvian tax authority issued Resolution 200-2014-SUNAT/4B0000 which entered into effect on 28 June. The resolution amended the Resolution 169-2014-SUNAT/4B0000....

Thailand-Proposal on changes to VAT rate during 2014 and 2015

July 21, 2014

The government of Thailand has announced a proposal according to which if approved the value added tax rate would be...

Kenya–Qatar: Approved income tax treaty

July 21, 2014

The income tax treaty between Kenya and Qatar signed on 23 April 2014, which has been approved by the Cabinet...

Philippines: BIR strengthens control over large taxpayers

July 21, 2014

The Bureau of Internal Revenue (BIR) has strengthened its monitoring of the country’s large taxpayers, particularly on the value-added tax...

Russia: Introduce tariffs on Ukrainian products

July 21, 2014

On the basis of provisions place out by the Vienna Convention on international treaties, Russia is looking for chances to...

Switzerland: Threatens to raise carbon tax

July 21, 2014

Switzerland’s carbon tax would jump up toCHF72 per ton from 2016, which is currently iCHF60 (USD67) per ton , if...

Canada-UK Income Tax Treaty protocol signed

July 21, 2014

The Income Tax Treaty (1978) protocol between Canada and the United Kingdom has signed on July 21, 2014. Details will...