Posts by admin

Belgium changes Film Tax Shelter

February 18, 2014

Following consultation with business and parliamentary discussions  the Belgian Council of Ministers has approved plans to modify the tax regime...

US: IRS Publishes Updated Tax Guide for Aliens

February 17, 2014

The US Internal Revenue Service has released a revised United States Tax Guide for Aliens, providing guidance for resident and...

US: IRS Apologizes To Taxpayers for Poor Service

February 17, 2014

With its funding restricted within the 2014 Appropriations Bill, the United States Internal Revenue Service (IRS) Commissioner has indicated that...

US signs an IGA with Canada to implement the FATCA

February 17, 2014

The United States signed an intergovernmental agreement (IGA) with Canada on 5 February 2014 to implement the Foreign Account Tax Compliance Act (FATCA)....

US Lawmakers Plead for Sales Tax Deduction Renewal

February 17, 2014

A bipartisan group of 57 Members has, in a letter to the House of Representatives Ways and Means Committee, sought...

Uruguay: Extension of tax refund for exports

February 17, 2014

Uruguay has extended the 4% tax refund for exports of specific products to 30 June 2014 through Executive Decree 393/013....

Update of DTA between Belgium and China

February 17, 2014

On 27 January 2014, Belgium’s finance ministry announced changes to the effective dates of the Double Tax Agreement (DTA) with China....

Protocol between the United Kingdom and the Netherlands is in force

February 17, 2014

The DTA Protocol signed between the United Kingdom and the Netherlands entered into force on January 31, 2014. The provisions...

ECJ: Deduction of input VAT on pension fund management costs

February 17, 2014

In a Revenue and Customs Brief HMRC has set out its position on VAT on pension fund management costs. This...

UK and Zambia sign a DTA

February 17, 2014

On 4 February 2014 the United Kingdom (UK) and Zambia signed a Double Taxation Agreement. The Agreement will replace the...

Swiss Finance Directors Request Corporate Tax Reform

February 17, 2014

The Swiss Conference of Cantonal Finance Directors (FDK) has emphasized on the importance of reforming the corporate tax system, making...

Spanish capital gains tax rules found to be discriminatory by Supreme Court

February 17, 2014

In a decision on 25 October 2013 in the Brambles France case (appeal No 1374/2011), Spain’s Supreme Court ruled that...

South Korea: reducing stock option taxation

February 17, 2014

South Korea  announced measures on 5 February 2014 to ease the tax burden on stock options for the venture capital...

South Africa reminds employers to make ETI claims

February 17, 2014

South African businesses have been reminded that their first monthly claim for the Employment Tax Incentive (ETI), which came into...

Jersey ratifies TIEA with Slovenia

February 17, 2014

Jersey ratified the tax information exchange agreement (TIEA) with Slovenia on February 4, 2014. The law to ratify the TIEA...

Slovenia initials US FATCA Agreement

February 17, 2014

On January 28 2014 Slovenia’s Ministry of Finance announced that Slovenia and the United States have initialed the text of...

Singapore: DTA between Singapore and Austria enters into force

February 17, 2014

The Singapore tax authority announced on February 6, 2014, that the double tax agreement (DTA) signed between Singapore and Austria...

Singapore: DTA between Poland and Singapore enters into force

February 17, 2014

The Singapore tax authority announced on 6 February 2014, that the double tax agreement (DTA) signed between Singapore and Poland...