Posts by admin

Germany and China sign a DTA and Protocol

April 16, 2014

Germany and China signed a new double tax agreement (DTA) and Protocol on March 28 2014. The agreement generally follows...

German Government under renewed pressure to raise personal income tax bands

April 16, 2014

Germany is being urged to increase the personal income tax bands to keep pace with inflation following estimates that a...

France- President Promises to Push Through Tax Cuts

April 16, 2014

The French President has pledge to put the economy on firmer ground by reducing taxes for households and businesses, with...

EU – VAT guidance for e-services rule changes effective in 2015

April 16, 2014

The European Commission has  issued guidance to help businesses cope with for the new value added tax (VAT) rules for...

EU Probes French Energy Tax Breaks

April 16, 2014

The European Commission is looking at the French tax decreases granted to the large energy consumers and consulting other interested...

Cyprus – Due date for 2012 corporate return extended

April 16, 2014

According to a recent announcement of the Inland Revenue Department in Cyprus the deadline for electronic filing of corporate tax...

China: Additional tax cuts for small business

April 16, 2014

China’s State Council meeting on April 2, 2014 decided on a number of changes including more tax cuts for micro...

China and EU Agree To Work towards FTA

April 16, 2014

 In a meeting between EU leaders and China’s President both sides agreed that they are committed to transparent trade and...

Chilean President submitted Tax Reform Bill

April 16, 2014

The Chilean President has sent a tax reform bill to Congress. This bill is intended to raise the government’s tax...

Canada: TIEA with Bahrain enters into force

April 16, 2014

On April 3, 2014, the tax information exchange agreement (TIEA) between Canada and Bahrain entered into force. The exchange of...

Canada: Tax rates unchanged in Nova Scotia’s 2014 budget

April 16, 2014

Nova Scotia’s Finance Minister has delivered the 2014-15 budget which does not include any changes to the tax rates. The...

Belgium: Protocol to tax treaty with Canada

April 16, 2014

A Protocol amending the double taxation agreement (DTA) between Belgium and Canada has been signed. The Protocol incorporates into the DTA...

US – Luxembourg and US Sign FATCA Deal

April 15, 2014

An agreement has been concluded between Luxembourg and the US to ensure that institutions may carry out the provisions of...

US – IRS Advises Taxpayers with Foreign Income

April 15, 2014

The IRS has issued instructions for /US citizens or residents who are living or working abroad, and for people in...

Treaty between Saudi Arabia and Luxembourg approved by Saudi Arabia

April 15, 2014

Saudi Arabia approved the double taxation agreement with Luxembourg on 31 March 2014.

Treaty between Ethiopia and Saudi Arabia approved by Saudi Arabia

April 15, 2014

Saudi Arabia approved the double tax with Ethiopia on 31 March 2014. The treaty will enter into force when the...

Slovenia- VAT rise from 22% to 24%

April 15, 2014

Slovenia has increased the standard VAT rate from 22% to 24% with effect from 1 May 2014 until 31 December...

Transfer Pricing Brief: March 2014

April 7, 2014

Austria Intangible property-From 1 March 2014 interest and royalty payments to certain related parties are not deductible for tax purposes...