Posts by admin

Treaty between Iraq and Philippines authorization for signature by Iraq

April 25, 2014

On 22 April 2014, Iraq authorized the Minister of Finance to commence negotiations for the conclusion of a double tax...

Saudi Arabia Authorizes Signature of Tax Treaties with Kosovo and Venezuela

April 25, 2014

On March 24, 2014, Saudi Arabia gave permission to the Finance Ministry to go ahead with the signature of draft...

EU – Refund opportunities for non-EU investment funds

April 25, 2014

A recent decision of the European Court of Justice (ECJ) may give a chance to some non-EU investment funds to...

Bulgaria’s Cabinet approves the signing of a new DTA with Romania

April 25, 2014

Bulgaria’s Cabinet has agreed to a proposal to amend the double taxation agreement (DTA) with Romania, to apply in place...

Belgium – Tax Penalties for Non-Compliance ranging 10% to 200%

April 25, 2014

Belgium is determined to enforce tax penalties to ensure that taxpayers submit their latest tax returns on time. The Finance...

US Pension Uptake Lags Despite Tax Incentives

April 24, 2014

In order to encourage taxpayers to make provision for their pensions various incentives are provided by the tax system. The...

Switzerland – Pakistan DTA Negotiation

April 24, 2014

According to some media reports, Pakistan is looking to revise the double taxation agreement (DTA) with Switzerland. The current double...

Singapore Sees More Taxpayers Filing Earlier

April 24, 2014

According to the Inland Revenue Authority of Singapore (IRAS) a greater number of taxpayers have filed their tax returns early...

Nigeria: Managing Transfer Pricing risks

April 24, 2014

The Nigerian transfer pricing rules are still relatively new, as detailed implementation of the transfer pricing law effectively began only...

Japanese Panel Looks For Gradual Corporate Tax Cuts

April 24, 2014

There has for some time been concern in Japan that the relatively high effective corporate tax rate is making the...

European Union: JTPF presents transfer pricing profiles of EU Member States

April 24, 2014

The EU Joint Transfer Pricing Forum (JTPF) has presented the transfer pricing profiles of all EU Member States. The profiles...

EU Parliament Considers Change to EU Funding

April 24, 2014

The members of the European Parliament have given their support to planned measures to lower the share of VAT receipts...

UK – Spain DTA to Enter into Force

April 23, 2014

HM Revenue and Customs (HMRC) has announced that the new convention for the avoidance of double taxation (DTA) signed between...

Poland – Belgium DTA

April 23, 2014

Poland and Belgium concluded a double taxation agreement (DTA) on April 14, 2014. No further details of the agreement are...

Chinese Tax Break Compliance for Small Businesses

April 23, 2014

On April 8, 2014, China’s State Administration of Taxation (SAT) published the details of simplified arrangements for micro and small...

OECD – VAT guidelines for cross-border trade approved

April 22, 2014

The Organization for Economic Co-operation and Development (OECD) has indicated that 86 countries have signed up to the new set...

EU – Directive on pension rights

April 22, 2014

The European Parliament has given its approval to an EU Directive that aims to improve the arrangements relating to the...

Tax Freedom Day Comes Later For US Taxpayers

April 20, 2014

An organization known as the Tax Foundation (TF) computes the date of a day called Tax Freedom Day each year....