June 6, 2014
The Finance Minister of Brazil declared that the government has announced to cut some tax on foreign loans and from...
June 6, 2014
The Revenue Minister has approved the new interest rate on employer’s loan, which will be 6.13% (previously it was 5.90%)....
June 5, 2014
The Italian Parliament approved the Law no. 23 of 2014 in March 2014 empowering the government to enact a partial...
June 5, 2014
The Income Tax Treaty between Cyprus and Spain entered into force on 28 May 2014 and its provisions will come...
June 5, 2014
The EC (European Commission) suggested Poland to revise its value added tax because of Poland’s “extensive system” of decreasing rates,...
June 5, 2014
The Minister of Finance and the Economy of Quebec has delivered the province’s 2014 budget on June 4, 2014. The...
June 5, 2014
Newfoundland Bill 13 containing tax changes has declared as Newfoundland Budget in the 2014. As Newfoundland has a majority government,...
June 5, 2014
The Government desires to appeal a recent court judgment stating that expats who have been outside the country for more...
June 5, 2014
A new legislative decree has published in late May 2014 including changes to the rules regarding commercial property leases in...
June 5, 2014
The French tax authorities have issued draft guidelines regarding the interest deduction limitation. The draft guidelines rejects the deductibility of...
June 4, 2014
The Deputy Minister for EAC of Tanzania announced the budget for East African Community (EAC) for 2014/15. The Budget was...
June 4, 2014
The finance minister of Mexico has introduced a 16% VAT on imports through maquila and it will start from 1...
June 4, 2014
The CRA’s updated Transfer Pricing Memorandum (TPM-05R) clarifies the CRA’s process for requesting contemporaneous documentation and includes specifically four new...
June 4, 2014
US citizens and resident living overseas who are eligible for an automatic two-month extension after the regular April 15 tax...
June 4, 2014
Turkey has reached an intergovernmental agreement (IGA) with the United States to execute the Foreign Account Tax Compliance Act (FATCA),...
June 3, 2014
Due to several technical issues relating to tax submission and payments, the Romanian Government will not yet implement a progressive...
June 3, 2014
First APA procedures to be released by the Bureau of Internal Revenue (“BIR”) in the Philippines. In order to meet...
June 3, 2014
The costly traditional tax control system is based on the principles of taxation established 55-60 years ago. The traditional tax...