February 17, 2014
The Ministry of Finance Letter No. 03-01-18/53941, issued on 10 December 2013, clarifies the rules to determine the income for...
February 17, 2014
On 5 February 2014, Russia’s draft Double Tax Avoidance Agreements with China and Belgium were tabled before Russia’s Cabinet for...
February 17, 2014
Romania’s Prime Minister has said that he hopes to have details ready on a planned tax break on reinvested profits...
February 17, 2014
The European Court of Justice has ruled that foreign energy traders in Romania are now permitted to reclaim input VAT...
February 17, 2014
The revised version of the Singapore-Poland avoidance of double taxation agreement (DTA) entered into force on 6 February 2014. It...
February 17, 2014
The Portuguese Government is finally taking action to enforce payment of the country’s food security tax from operators of large...
February 17, 2014
The IRS Large Business & International (LB&I) division has released a transfer pricing audit “roadmap” that is intended to be...
February 17, 2014
The income tax treaties of Peru with Korea, Mexico, Portugal, and Switzerland recently obtained approval by the Peruvian Congress. The...
February 17, 2014
On 30 January 2014, as part of the action plan on base erosion and profit shifting, the OECD published a...
February 17, 2014
The amendments to article 23(2) of the Implementing Regulations of the 1994 General Tax Law relating to the issuance of...
February 17, 2014
The Inland Revenue Board of Malaysia issued Public Ruling No. 1/2014 (PR No. 1/2014) on Withholding Tax on Special Classes...
February 17, 2014
Malawi has terminated the double taxation agreement (DTA) previously in force between Malawi and the Netherlands. The termination takes effect...
February 17, 2014
Taiwan has introduced an amendment concerning the rules governing taxpayers (including foreign for-profit entities) that apply for an exemption from...
February 17, 2014
The Luxembourg Prime Minister has announced that, Luxembourg is set to raise its standard rate of VAT in 2015. The...
February 17, 2014
Luxembourg and Mauritius have signed a protocol amending the bilateral double tax agreement between the two countries. This protocol modifies...
February 17, 2014
Italy has introduced a number of transfer pricing-related changes within its Finance Act 2014 (Law No 147/2013). These changes will...
February 17, 2014
According to a verdict of the Italian Supreme Court in July 2013, internal transfer prices must follow the arm’s-length principle....
February 17, 2014
The Irish Government has been warned to control further increases in personal taxes by the head of the country’s largest...