Posts by admin

Russia: Withholding tax for pensions has reimbursed under certain situations

July 3, 2014

The Federal Law that adopts the amending tax code has entered into force with effect from June 24, 2014. On...

Slovenia -United States ratified FATCA agreement 2014 by Slovenia

July 3, 2014

The Slovenia – United States FATCA Agreement (2014) has been signed on 2 June 2014. Slovenia also approved the Agreement on 19...

Treaty between Vietnam and Panama initialed

July 3, 2014

Panama and Vietnam initialed a tax treaty after the successful conclusion of the second round of negotiations on 26 June...

Czech Republic-Singapore DTT protocol ratified

July 3, 2014

The Czech Republic has ratified the amending protocol to the Czech Republic – Singapore Income Tax Treaty (1997) on June...

Czech Republic -Ukraine DTT protocol ratified

July 3, 2014

The Czech Republic has ratified the amending protocol to the Czech Republic – Ukraine Income and Capital Tax Treaty (1997)...

UK :The Retailer’s tax claims has been rejected by the Tribunal

July 2, 2014

It was welcomed by the HM Revenue and Customs (HMRC) the dismissal of a multi-million pound tax allowance claimed by...

China: FATCA Pact with US

July 2, 2014

China has reached an intergovernmental agreement (IGA) with the U.S. on cooperation with the Foreign Account Tax Compliance Act, according...

Canada: CRA offers taxpayer relief provision

July 2, 2014

The Canada Revenue Agency (CRA) has offered taxpayer relief provisions those are available to taxpayers if they are unable to...

Japan: Government approved the plan to cut corporate tax rate

July 2, 2014

Japans government approved the plan to cut corporate tax rate on June 24 which was among the highest in the...

Italy: Withholding tax rate hikes on financial income.

July 2, 2014

Italian withholding tax rate hike on financial income from 20 percent to 26% has been effective from July 1, 2014....

France-Signed Protocol to DTA with Switzerland

July 2, 2014

France and Switzerland has signed a protocol on 25 June 2014 to the agreement of 1966 for the avoidance of...

Spain and Dominican Republic treaty enters into force

July 2, 2014

The income tax treaty between Dominican Republic and Spain will enter into force from 25 July 2014. The treaty was...

Ukraine: Plans to crack down on the gray economy

July 2, 2014

The Government is fighting against tax evasion, highlighting a new policy of focusing efforts on the tax affairs of major...

South Africa: Special focus on certain areas this tax season

July 2, 2014

Retirement fund contributions, medical aid claims, income protection policy contributions and taxpayers who submit revised returns for previous years will...

South Africa: SARS announces Tax Season 2014

July 2, 2014

Tax Season 2014 for South Africa has been announced by the South African Revenue Service (SARS) which is started from...

Kazakhstan-Amendment of excise tax

July 2, 2014

The president of Kazakhstan has signed Law No. 210-V due to amend the excise tax rules on June 18, 2014...

Israel and US FATCA agreement signed

July 2, 2014

The Israel – United States Foreign Account Tax Compliance Act (FATCA) Agreement (2014) was signed on June 30, 2014. Further...

Switzerland – Uzbekistan: Signed a protocol treaty

July 2, 2014

On 1 July 2014 Switzerland and Uzbekistan signed a treaty to amend their double taxation agreement.