Posts by admin

Croatia: Order to Non-resident transporters to register for VAT

June 14, 2014

After joining the EU countries Croatia requires for VAT registration to the foreign passengers foe carrying fare-paying within the country....

Chile: Claim for education tax break rise of 16%

June 13, 2014

Chile’s Internal Revenue Service (SII) reported that 284,494 taxpayers have claimed a tax rebate for expenses regarding children’s education this...

Turkey: Consolidation of VAT guidance in single communique

June 13, 2014

The tax administration in Turkey has previously issued all Value Added Taxes that have been repealed and replaced by a...

Sweden: Tax reform recommendations relating to financing activities of corporate taxpayers

June 13, 2014

The committee for the recommendations on corporate tax reform to the Swedish government has issued its third and last report...

US: IRS announces Taxpayer Bill Of Rights

June 13, 2014

On June 10, IRS declared the “Taxpayer Bill of Rights” intending to provide United States’ taxpayers with a better understanding...

Egypt: Imposes exit tax on tourists

June 12, 2014

Egypt is now introducing USD25 airport departure tax to flight fares to boost revenue for the cash-strapped state. The charge,...

Austria: Government adopts draft bill modifying the Fiscal Criminal Act

June 12, 2014

The Government approved a draft bill modifying the Fiscal Criminal Act 2014 on 11 June 2014, and submitted it for...

Canadian Tax Freedom Day delayed in 2014

June 12, 2014

After accounting for all taxes, the research organization said that the average family (with two or more people) will pay...

Peru: New rules for communicating the issuance, transfer and cancelation of Peruvian shares

June 12, 2014

According to Resolution 169-2014-SUNAT/4B0000 of Peru the issuance, the direct and/or indirect disposal, also the cancelation of Peruvian shares will...

Chile revives negotiation on Free Trade Zone in Antofagasta for Paraguay

June 12, 2014

Chilean Foreign Minister and his Paraguayan counterpart recently revived negotiations on a free zone for Paraguayan businesses stayed at the...

Canada: Offering PRPP legislation in British Columbia

June 12, 2014

In British Columbia, legislation offering Pooled Registered Pension Plans (PRPP) to persons and considered substantively enacted for purposes of IFRS...

Canada: Mining tax changes in Quebec budget

June 12, 2014

According to the 2014-15 Quebec budget, Quebec has declared several measures that will impact on the mining industry and it...

UAE and US Signed Provisional FATCA Agreement

June 12, 2014

The United Arab Emirates (UAE) and US signed an Intergovernmental Agreement (IGA) to implement the Foreign Account Tax Compliance Act...

UAE – Lithuania: DTA approved

June 12, 2014

The Cabinet of United Arab Emirates has approved the Double Taxation Agreement (DTA) with Lithuania on June 9, 2014.

South Africa and US signed IGA

June 12, 2014

The Government of US and South Africa signed an inter-governmental agreement (IGA) on June 9, 2014. The provision of reciprocal...

OECD: International VAT and GST Guidelines

June 12, 2014

Recently, The Organization for Economic Co-Operation and Development publish their latest global VAT and GST Guidelines which emanates from the...

Pakistan: Budget 2014/15 introduces GST and excise changes

June 12, 2014

With the Budget 2014/15 Pakistan is introducing a number of minor changes to the Goods & Services Tax (GST) and...

India: Businesses Meeting held For Tax Certainty

June 11, 2014

India’s Finance Minister, held a discussion meeting with representatives from trade and industry bodies before the budget, which pressed the...