Posts by admin

South Africa Consults on Alcoholic Beverage Taxes

May 18, 2014

South Africa has issued a discussion paper for comment on taxation of alcoholic drinks. This document looks at the issue...

Singapore: In Pursuit Of Wider Free Trade Agreements

May 18, 2014

Singapore’s Minister for Trade and Industry has commented that owing to its network of bilateral and regional free trade agreements...

Singapore- US: Reach FATCA Agreement

May 18, 2014

The US and Singapore have completed their negotiations in respect of an intergovernmental agreement (IGA) to allow institutions in Singapore...

Romania Pursues Tax Debtors

May 18, 2014

Romania’s tax authority has commenced a pilot project aiming to ensure that medium sized businesses pay their tax arrears. Businesses...

Portugal Discloses Tax Rates For 2015

May 18, 2014

Portugal’s medium term economic strategy includes provisions to raise the rate of value added tax (VAT) and social security contribution...

Pakistan Warns Banks to Register For FATCA

May 18, 2014

The State Bank of Pakistan has issued advice to financial institutions to ensure that they register with the US IRS...

OECD – Public consultation on transfer pricing documentation, country-by-country reporting

May 18, 2014

The Organization for Economic Co-operation and Development (OECD) has announced that a public consultation will take place 19 May 2014,...

Mexico: President submits secondary legislation to Congress

May 18, 2014

The Mexican Congress is considering a number of measures that will form the secondary legislation in respect of the energy...

Malta – Russia DTA

May 18, 2014

On May 22 2014 the double taxation agreement (DTA) between Malta and Russia is to enter into force. Under the...

Malta – Moldova ratified the DTA

May 18, 2014

Malta has ratified the double taxation agreement (DTA) signed with Moldova. Under the terms of the agreement, withholding tax on...

Malaysia – Transfer pricing documentation required for 2014 tax return

May 18, 2014

The Malaysian transfer pricing rules imposing the arm’s length principle are contained in section 140A of the Income Tax Act....

Kazakhstan Announces Tax Breaks For Investors

May 18, 2014

The Kazakhstan government is introducing some new incentives for investors. These are reported to include a ten year corporate tax...

Japan Planning Corporate Tax Cut Next Year

May 18, 2014

There are plans to lower the corporate tax rate following the work of the Tax Commission appointed by the Japanese...

Japan and the European Union Plan FTA By 2015

May 18, 2014

Japan and the EU are to conduct a one year review with the intention of concluding a free trade agreement....

Ireland: Retailers Call for Personal Income Tax Cuts

May 18, 2014

The retail industry body Retail Ireland is confident that the retail sector will experience a significant recovery in 2014 and...

Ireland Reports Resurgent Tax Receipts

May 18, 2014

Revenue collections to the end of April have risen by comparison to the same period in the previous year. The...

Ireland Eases Rules for LPT Concessions

May 18, 2014

Certain relief from Ireland’s Local Property Tax (LPT) is available for some disabled individuals. The Finance Minister has now announced...

Hong Kong Ensures Low-Tax Policies

May 18, 2014

The Financial Secretary has said that spending will be limited to 20 percent of the GDP so that the low...