Posts by admin

Kenya and Ethiopia negotiating a DTA

March 23, 2014

Kenya and Ethiopia are negotiating a double taxation agreement (DTA), according to a statement posted on March 11, 2014, on...

Japan: Increased focus on transfer pricing in tax audit

March 23, 2014

Transfer pricing audits in Japan are conducted separately from the general corporate tax audits, by a specialized transfer pricing audit...

Italy – Details of Italian Tax Cuts Agreed

March 23, 2014

Italy’s new Prime Minister, has provided extra detail on cuts to reduce the tax burden in Italy which that are...

Italian Tax Cuts Should Favor Employees

March 23, 2014

In Italy the association of sole traders and small businesses has recommended that measures should aim at reducing Italy’s individual...

Italian Supreme Court rules on tax residence concept

March 23, 2014

The Italian Supreme Court gave its decision on 17 January 2014 in case No. 1811 concerning the issue of whether...

Israel: VAT Position of Foreign E-retailers

March 23, 2014

Non-resident retailers of goods and digital services to Israeli consumers will remain outside of the Israeli VAT net. This is...

Ireland – Think Tank considers that income tax cut should benefit all

March 23, 2014

A think tank has looked at the possible benefits of lowering Ireland’s income tax rates. There is currently a debate...

Ireland: opportunities for US firms

March 23, 2014

The Irish Prime Minister has described the 12.5 percent corporate tax rate as a “cornerstone of the offering of attractiveness...

Indonesia to amend rules concerning tax holidays and allowances for investors

March 23, 2014

The Indonesian Deputy Minister of Finance has announced that the Government is planning to amend the rules concerning tax holidays...

Germany: Proposals to adjust personal income tax brackets

March 23, 2014

The leader of Germany’s Social Democrat party (SPD) has backed proposals to adjust the personal income tax brackets in an...

Germany and Georgia sign a double taxation agreement

March 23, 2014

On March 10, 2014, Germany and Georgia signed agreements on financial cooperation and a protocol on amending the agreement on...

France Urged To Review Social Housing Tax Break

March 23, 2014

Under the French tax law there is tax relief available in respect of social housing in certain overseas areas, in...

France – VAT on hotel accommodation may be damaging the tourism sector

March 23, 2014

In the opinion of some commentators the 1 January 2014 increase in VAT on hotel accommodation may be damaging the...

France employers and unions considering draft accord

March 23, 2014

The French trade unions are considering a draft accord that sets out the terms and conditions for a EUR30bn (USD41.6bn)...

France – Introduces new share saving plans

March 23, 2014

The French Government has published decree number 2014-283 of March 4, 2014, increasing the ceiling for investment in the tax-exempt...

Finland and Chile Sign US FATCA

March 23, 2014

On March 5 2014 the United States signed intergovernmental agreements (IGAs) with Finland and Chile to implement the Foreign Account...

Exchange of information agreement between Greece and Guernsey enters into force

March 23, 2014

On 7 March 2014, the Exchange of Information Agreement between Greece and Guernsey entered into force. The agreement generally applies...

Exchange of information agreement between Belgium and Guernsey

March 23, 2014

According to a communication of 11 March 2014, published by the Guernsey tax authorities, Belgium and Guernsey have initialed a...