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Czech Republic: Cabinet approves ratification of BEPS MLI

February 20, 2018

The Cabinet of Czech Republic on February 14, 2018, approved ratification of the Multilateral Instrument (MLI) to implement into bilateral...

Norway: Government publishes new guidance on MAP

February 19, 2018

The Norwegian Government published detailed taxpayer guidance on the mutual agreement procedure (MAP) framework set out in Norway’s tax treaties...

Canada: CRA announces prescribed interest rates for 2018

February 19, 2018

The Canada Revenue Agency (CRA) has announced the recommended annual interest rates for the first quarter (Q1) on December 15,...

Canada: Federal Budget 2018 is to be scheduled on February 27, 2018

February 18, 2018

On February 14, 2018, the Finance Minister, Bill Morneau, announced that the Federal Budget 2018 will be presented on February...

Platform for Collaboration on Tax: Closing Statement of Conference on Tax and SDGs

February 17, 2018

On 16 February 2018 the Platform for Collaboration on Tax (PCT) released the closing statement following its conference on taxation...

UK: HMRC wins case on employment status

February 17, 2018

HMRC has won a case concerning employment status and the IR35 rules. The IR35 legislation aims to ensure that in...

OECD: Taxing Energy Use 2018

February 16, 2018

On 14 February 2018 the OECD issued Taxing Energy Use 2018, a publication that summarises the patterns of energy taxation...

Platform for Collaboration on Tax: Conference on Taxation and SDGs

February 15, 2018

The Platform for Collaboration on Tax (PCT) was set up by the IMF, OECD, UN and World Bank at the...

Italy: Detail Explanation of the New Regulation on Patent Box Regime

February 15, 2018

On the 6 February, 2018 the Italian Ministry of Economic Development and Ministry of Economy and Finance published its Official...

Turkey: New digital VAT system update

February 14, 2018

The tax administration has brought some clarifications regarding the implementation of the new rules, via the VAT Communiqué no.17, published...

Morocco: Council of Ministers approve DTA with Zambia

February 12, 2018

On January 22, 2018, the Council of Ministers of Morocco has approved the income tax treaty with Zambia. The treaty...

Switzerland: Federal Council set the parameters for the dispatch on tax proposal 17

February 11, 2018

The Swiss Federal Council announced that it has set the parameters for the dispatch on the country’s tax reform proposal...

OECD: Platform for Collaboration on Tax to hold global conference

February 10, 2018

The first global conference of the Platform for Collaboration on Tax (PCT) is to be held on February 14-16, 2018,...

OECD: Updated report on preferential tax regimes

February 10, 2018

Action 5 of the OECD/G20 action plan on base erosion and profit shifting (BEPS) aimed to counter harmful tax practices...

OECD: Inclusive Framework issues more guidance on implementation of CbC reporting

February 9, 2018

On 8 February 2018 the Inclusive Framework issued additional guidance to give on the implementation of country-by-country (CbC) reporting under...

Nigeria: House of Representatives passes Petroleum Industry Governance Bill

February 7, 2018

The House of Representatives of Nigeria has passed the Petroleum Industry Governance Bill (PIGB) 2017 on January 17, 2018. The...

United States: ADD/CVD Roundup for January 2018

February 4, 2018

Following table shows the Federal Register notices related to ADD/CVD cases for January 2018 in United States. Country Product Investigations...

EU: European Commission issues proposals on VAT

February 3, 2018

Proposals on value added tax (VAT) published by the European Commission on 18 January 2018 would permit EU countries to...