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Philippines: DoF releases the second package of the tax reform bill

January 14, 2018

The Philippines Department of Finance (DOF) released the second package of the tax reform on 9 January 2018, as part...

Canada: Trade complaint files against US

January 14, 2018

Canada filed an official request for consultations document, which was circulated on January 10, 2018, to other World Trade Organization...

IMF report comments on economic position of Tanzania

January 12, 2018

On 10 January 2018 the International Monetary Fund (IMF) completed the final review of Tanzania’s economic performance under a program...

Portugal: Requirements for the preparation and exchange of Country-by-Country Reports published

January 10, 2018

On 21 December 2017, Portuguese Orders number 383-A/ 2017 and 383-B/2017 were published in the Official Gazette. Order number 383-A/2017...

Taiwan: MoF increases dividends withholding tax rate

January 10, 2018

Taiwan’s Ministry of Finance (MoF) has stated that, the withholding tax rate on dividends paid to nonresidents is increased from...

Argentina: Government reforms transfer pricing rules via Decree 1112/2017

January 7, 2018

The government has issued a Decree No.1112/2017 on December 29, 2017, for enacting and making effective of comprehensive tax reform....

Canada: Deadline extends for the access of Voluntary Disclosures program

January 4, 2018

The Canada Revenue Agency (CRA) has extended the deadline for taxpayers to access the current Voluntary Disclosures Program (VDP). In...

PGA Highlights: December 2017

January 4, 2018

In the United States the following events have taken place under the several PGA during the month of December 2017....

Italy: Approval of 2018 Budget Bill including new tax on digital services

January 3, 2018

The main agenda of this Bill being approved by the Italian Senate was to offset differences on tax on digital...

Hungary: Deadlines of Country-by-Country reporting and notification requirements

January 3, 2018

Issues have been generating recently on filling Hungary’s CbC reporting notification on the 17T201T form. A Hungarian resident entity is...

France: US Multinational Groups and the French Country-by-Country reports

January 3, 2018

The United States hasn’t been yet included in the French Ministerial Order consisting of the list of states for CbCR...

Italy: Italian Revenue Agency taking implementing procedures for Country-by-Country Reporting (CbCR)

January 3, 2018

New law has been introduced by the Italian Revenue Agency for the execution of CbCR concerning the medium of presentation...

Korea: Free Trade Agreement (FTA) lending a helping hand to strengthen Australian Exports

January 3, 2018

After the KAFTA (Korean-Australian Free Trade Agreement) coming into action since 12th December, 2014 enabling the Korean FTA chipping in...

Georgia: Longing for repairing of sluggish VAT Refund Process

January 3, 2018

Georgia is suffering from a huge calamity on their VAT Refund System, it is arising a massive aggregation of claims...

Italy: Provisions for new patent box regime

January 3, 2018

Italian Government issued an additional Decree to amend the Italian Patent Box regime in order to streamline the existing differences...

France : Temporary Exceptional Surcharge on Large Companies

January 3, 2018

The French Constitutional Court finalized the “exceptional surcharges” to levy on corporate income of the French largest companies. This exceptional...

United States: ADD/CVD Roundup for December 2017

January 3, 2018

Following table shows the Federal Register notices related to ADD/CVD cases for December 2017 in United States. Country Product Investigations...

Kazakhstan: Law signed for ratifying DTA with Ireland

December 31, 2017

The President of Kazakhstan, Mr. Nursultan Nazarbayev, signed a law on December 29, 2017, for ratifying the Double Taxation Agreement...