June 30, 2014
The Ministry of Finance has issued Letter No. 03-03-РЗ-15941 on April 8, 2014 clarifying the application of the participation exemptions...
June 29, 2014
The move comes as no surprise not only because such opportunities were provided in previous budgets but also because powerful...
June 29, 2014
The Japanese International Taxation Discussion Group has suggested following methods for pick up “Consumption Tax” which are: Submission of VAT...
June 29, 2014
Austrian Finance Minister planning for greater fiscal sovereignty for the federal states and municipalities, to decrease administrative costs and finance...
June 29, 2014
On 12 June, New Zealand signed an intergovernmental agreement with U.S to improve international tax compliance and to implement the...
June 29, 2014
Latvia and the United States signed a Foreign Account Tax Compliance Act (FATCA) Agreement, on June 27, 2014. Under the...
June 29, 2014
The government of Thailand has announced to keep the country’s VAT rate on 7% for one more year. The Previous Thai...
June 29, 2014
The health secretary has rejected the tax proposal to increase tax on tobacco and it has been decided that tax...
June 28, 2014
Japan’s Prime Minister announced on 24 th June 2014, that the government will lower Japan’s corporate tax rate from 35% to below...
June 28, 2014
The Council of Ministers of Saudi Arabia revealed a decision to ease the levy on employer of expat workers. According...
June 27, 2014
The European Union (EU) and three of Russia’s neighbors signed sweeping trade-and-political agreements that will ultimately eliminate tariff barriers to...
June 27, 2014
The Foreign Trade Chamber (CAMEX) of Brazil has declared that the 10% import duty will be cut from wheat, capital...
June 27, 2014
The Canada Revenue Agency (CRA) has issued an annual report regarding Mutual Agreement Procedure (MAP) Program that gives an outline...
June 26, 2014
The Free Trade Agreement (FTA) between Canada and Honduras has signed on November 5, 2013 and will enter into force...
June 26, 2014
Switzerland and Hungary signed a double taxation agreement on 4 June 2014. Switzerland’s lower house of parliament has approved the...
June 26, 2014
The Spanish Cabinet on June 20, 2014, approved the downsizing the corporate and individual income tax rates to encourage investment...
June 26, 2014
Slovakia has increased its VAT rate from 19% to 20% in 2011. IMF has warned that reducing the rate back...
June 26, 2014
The Ministry of Finance in Canada has introduced the receipt of Royal Assent for legislation to apply center elements and...