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Mexico: Annual tax return application available for individuals

March 16, 2014

The Mexican Tax Administration Service (SAT) has informed taxpayers who derived income from salaries in 2013 that they will receive...

Malta seeks to attract Small Businesses

March 16, 2014

Malta’s Finance Minister has stated that the country wants to ensure that the country’s taxation system is as business friendly...

Malaysia – WTO Tracks Malaysian Tax Developments

March 16, 2014

The World Trade Organization (WTO) has recently stated in its Trade Policy Review of Malaysia that the country needs to...

Malaysia- issues filing program for calendar year 2014

March 16, 2014

The Inland Revenue Board of Malaysia has issued the filing program for 2014: Non-corporate entities: Form Deadline                  period for  ...

Luxembourg –VAT shortfall

March 16, 2014

In the recent Luxembourg budget, it was announced that the estimated annual VAT shortfall following the changes will total €600m...

Luxembourg – No VAT rise in the 2014 Budget

March 16, 2014

Luxembourg’s Finance Minister has presented the 2014 Budget to the Chamber of Deputies. The 2014 budget does not include plans...

Lithuania: Increase in excise duty on alcohol

March 16, 2014

Lithuania’s Prime Minister has confirmed that the only tax change currently planned is a change to excise duty on alcohol,...

DTA between Laos and Luxembourg enters into force

March 16, 2014

According to preliminary media reports, the double taxation agreement (DTA) signed between Laos and Luxembourg will enter into force on...

Kenya Issues TCC Application Guidelines

March 16, 2014

The Kenya Revenue Authority (KRA) has issued guidelines for those businesses applying for a Tax Compliance Certificate (TCC). This certificate...

Italy – Italian Football Clubs Renew Tax Protocol

March 16, 2014

The Italian Revenue Agency has signed a protocol with the Italian national soccer federation (FIGC), which will renew regulation and...

Italy: new rules on taxation of digital economy services partially repealed

March 16, 2014

Law Decree No. 16/2014 was published in the Official Gazette No. 54. Under article 2(1)(a) of the Law Decree, some...

Irish coalition honoring tax promises

March 16, 2014

The Irish Prime Minister has suggested that Ireland has now implemented more than 90 percent of the tax measures and...

Ireland – Finance Minister Talks Fiscal Policy

March 16, 2014

According to the Irish Finance Minister the core objective of the Medium Term Economic Strategy (MTES) is full employment by...

Ireland – Evaluation of R&D tax credit regime

March 16, 2014

Ireland’s Department of Finance in 2013 undertook a comprehensive review of the Irish research and development (R&D) tax credit regime,...

India: Tribunal finds reimbursed advertising expenses were at arm’s length

March 16, 2014

The Mumbai Bench of the Income tax Appellate Tribunal has upheld an administrative action by the Commissioner of Income tax,...

Hong Kong – Tax Authority Responds To Fair Value Accounting Case

March 16, 2014

Following the judgment of Hong Kong’s Court of Final Appeal in Nice Cheer Investment Limited v Commissioner of Inland Revenue...

Guernsey expects to sign a DTA with Austria

March 16, 2014

According to the Guernsey Government, Guernsey expects to sign a double taxation agreement (DTA) with Austria on May 14, 2014....

Germany reverses plans on Railway Eco Tax Break Repeal

March 16, 2014

The German Economy and Energy Minister has reversed plans to strike out the renewable energy tax (EEG-Umlage) rebate for train...