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France Reintroduces Rules for Creative Tax Credit

April 6, 2014

The creative tax credit is given to innovative enterprises in the area of arts and crafts. A company in this...

Finland decides against VAT increase as taxes rise

April 6, 2014

On 25 March 2014 Finland is to put through some tax rises and benefits cuts in an attempt to lower...

Germany: Finance Minister Indicates Tax Cuts Will Come

April 6, 2014

The German Finance Minister has suggested that tax cuts could be made in the next few years. Various commentators have...

EU Approves UK Video Game Tax Break

April 6, 2014

The European Commission has approved the new UK tax relief for video game as being in line with EU state...

India releases revised Direct Taxes Code 2013

April 4, 2014

The Indian Finance Minister has issued a discussion draft of the Direct Tax Code (DTC), 2013. This draft contains proposals...

United States: ADD/CVD Roundup for March 2014

April 3, 2014

Following table shows the Federal Register notices related to ADD/CVD cases for March 2014 in United States. Country Product Investigations Case...

PGA Highlights: March 2014

April 3, 2014

In United States, following events have been occurred under the several PGA during the month of March 2014.   Agencies Summary Link...

Australian Taxation Office Launches Offshore Tax Amnesty

March 31, 2014

The Australian Taxation Office (ATO) is conducting another initiative to urge taxpayers to declare understated offshore income and to revise...

Vietnam: Changes to VAT rules

March 31, 2014

Some changes have been made to the VAT regime in Vietnam, effective from January 2014. An important change relates to...

US – New York suspends driving licenses of tax evaders

March 31, 2014

Last year New York passed legislation providing for the suspension of the driving license of any individual owing a sum...

US – IRS Issues Revised Guidance on Business Expenses

March 31, 2014

The IRS has published a revised version of Publication 535 that gives guidance to taxpayers on claiming a tax deduction...

US – IRS Has Unclaimed 2010 Refunds For Almost 1m Taxpayers

March 31, 2014

The IRS has indicated that almost a million taxpayers are due tax refunds that have not yet been claimed, because...

United Kingdom and Germany sign DTA Protocol

March 31, 2014

A protocol has been signed to the double tax agreement between the UK and Germany. This protocol which was signed...

United Kingdom – Belgium sign Protocol

March 31, 2014

The UK and Belgium have added a second Protocol to their double taxation agreement (DTA). The original protocol amended the...

Ukraine Seeks Tax from Bank Depositors

March 31, 2014

The Ukrainian Ministry of Finance has announced that it is to introduce a tax on interest received from bank deposits...

UK – VAT registration threshold will rise

March 31, 2014

The registration threshold for VAT in the UK is to increase to GBP 81.000 from April 2014. An enterprise or...

UK – Budget Supports Businesses to Deliver Growth

March 31, 2014

The UK budget announcements include measures in support of business. The research and development tax credit available to small businesses...

Treaty between Bahrain and Hungary approved by Bahrain’s cabinet

March 31, 2014

Bahrain has approved the Income Tax Treaty signed 23 March 2014 with Hungary. The treaty is not yet in force and...