Posts by admin

Canada signs FIPA with Cameroon

March 16, 2014

The Canada-Cameroon Foreign Investment Promotion and Protection Agreement (FIPA) was recently signed at the Prospectors and Developers Association of Canada...

Canada: No tax rate changes in Manitoba 2014 budget

March 16, 2014

On 6 March 2014, Manitoba Finance Minister delivered the province’s 2014 budget. The 2014 budget does not include any corporate...

Canada expand Commercial Ties with China

March 16, 2014

The Canadian Minister of State (Foreign Affairs and Consular) has recently concluded a four-day visit to Hong Kong, Guangzhou and...

Canada: 100% surtax may be imposed on selected U.S. imports

March 16, 2014

Canada may go ahead with the imposition of a 100% surtax on selected U.S. imports in the first half of...

Belgium’s cdH Pledges Election Tax Cuts

March 16, 2014

The President of Belgium’s Humanist Democratic Center (cdH) has unveiled details of the party’s plans to lower taxes for individuals...

Belgium reduces VAT on Electricity

March 16, 2014

Recent VAT changes in Belgium include the latest change in VAT rate for supplies of electricity.  The rate will change...

Australian Prime Minister Loses Senate Carbon Tax Vote

March 16, 2014

The Australian Prime Minister’s plan to abolish Australia’s carbon tax regime received a setback when the Senate failed to pass...

Algeria – Negotiation of DTA with the United Kingdom

March 16, 2014

Negotiations have begun between Algeria and the United Kingdom towards a double taxation agreement (DTA), it was confirmed on March...

Israel: Information regarding controlled transactions and documentation

March 14, 2014

According to the Art. 57 of Act 90/2003, parties are considered as related if they are part of a group...

Colombia: Information regarding comparable data range and segmented data uses

March 10, 2014

In accordance with the Regulatory Decree 3030 of December 2013, there is an economic link between the parties if the...

Canada: Budget 2014 incorporates transfer pricing rules and financial services

March 10, 2014

It has been announced by the OECD that the Budget for 2014 includes the announcement of a consultation on international...

Transfer Pricing Brief: February 2014

March 10, 2014

Argentina Transfer Pricing Requirements (TP)– TP requirements also apply to transactions carried out with individuals or legal entities located, organized...

US – Tax Reform Discussion Draft

March 9, 2014

The House of Representatives Ways and Means Committee Chairman has issued a comprehensive income tax reform discussion draft, which proposes...

US: IRS Mentions Smooth Start to Tax Filing Season

March 9, 2014

The United States Internal Revenue Service (IRS) recently announced that it had received one-third of the individual income tax returns...

Uruguay – Relief from compliance in respect of marketing and advertising expenses

March 9, 2014

Taxpayers are no longer required to submit certain information to the tax administration (Dirección General de Impuestos—DGI) with respect to...

United Kingdom – India DTA protocol

March 9, 2014

As notified by the Indian Ministry of Finance on February 10, 2014, the Protocol amending the India-UK double taxation agreement...

United Kingdom – HMRC report on offshore tax evasion

March 9, 2014

The United Kingdom government is continuing to take action against artificial tax avoidance and tax evasion. In this connection the...

UK – Shadow Foreign Secretary calls for maximum tax devolution for Scotland

March 9, 2014

The UK’s shadow foreign secretary has stated that the further devolution of tax powers could strengthen the accountability of the...