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Gibraltar offers new pension Schemes to expats

March 9, 2014

These contributions may exceed the usual UK limit of GBP50,000 per year. This scheme is being offered in addition to...

UK: Bitcoin VAT exemption

March 9, 2014

The UK tax administration HMRC would exempt transactions in Bitcoins from the 20% UK VAT net on each sale or on profit...

UAE: No Tax for Individual Income

March 9, 2014

The UAE Finance Minister has confirmed that, the United Arab Emirates (UAE) does not plan to initiate an income tax...

Turkish electronic VAT invoices delayed until April 2014

March 9, 2014

The introduction of Turkish electronic VAT invoices has been delayed until 1 April 2014 due to continuing teething problems.  Until this date,...

Treaty between Philippines and Nigeria

March 9, 2014

The 1997 double taxation treaty between the Philippines and Nigeria entered into force on 18 August 2013 and applies as...

Treaty between Philippines and Kuwait

March 9, 2014

The 2009 double taxation treaty between the Philippines and Kuwait entered into force on 22 April 2013 and applies as...

Switzerland – trade association warn against Fuel Surtax Hike

March 9, 2014

Swiss trade association has warned the Swiss Government against a rise in the mineral oil surtax imposed on motor fuels....

Switzerland: Revised guidance on taxation of principal companies

March 9, 2014

The Swiss Federal Tax Administration (SFTA) has provided the cantonal tax authorities with revised guidance on how to apply rules...

Switzerland – Committee rejects Flat Tax Initiative

March 9, 2014

The Swiss Committee for Economic Affairs and Taxes of the National Council (CEAT-N) has recommended that the popular initiative calling...

Switzerland Considers New Cross-Border Tax Deal with Italy

March 9, 2014

Swiss Finance Minister has pledged to re-negotiate the bilateral cross-border tax agreements with Italy, to ensure that the provisions are...

Spain – published social security contributions decrease

March 9, 2014

The Official Gazette published Royal Decree-Law 3/2014 on 1 March 2014. This law contains urgent measures to promote employment via...

Spain’s opposition leader proposes low-income tax package

March 9, 2014

In the course of the State of the Nation debate in Congress, Spain’s Socialist Party (PSOE) leader proposed that a...

Spain – CJEU finds Retail sales tax on diesel contrary to EU law

March 9, 2014

The Court of Justice of the European Union (CJEU) has issued a judgment in the case of:Transportes Jordi Besora SL...

Spain Slashes Labor Taxes To Create Jobs

March 9, 2014

Spain has announced plans to significantly lower social security contributions for employers who recruit permanent members of staff. The Prime...

South African Poll Criticizes Employment Tax Incentive

March 9, 2014

A poll conducted by the South African Institute of Tax Practitioners (SAIT) appears to indicate that the Employment Tax Incentive...

South African Budget Sets Up Small Business Tax Reforms

March 9, 2014

South Africa’s 2014 budget includes some measures resulting from the work of the Tax Review Committee. The Committee’s recommendations relate...

South Africa – Transfer pricing, cross-border proposals in 2014 budget

March 9, 2014

South Africa’s 2014 budget contains proposals for changes to the transfer pricing rules and cross-border taxation. Among the transfer pricing...

South Africa – Tax proposals in 2014 budget

March 9, 2014

The South African Finance Minister delivered his 2014 Budget Speech on 26 February 2014. Among the general corporate tax proposals...