Posts by admin

Hong Kong: Negotiations for DTA with Romania

February 9, 2014

On 29 January 2014, the Romanian government authorized the start of negotiations for the conclusion of a Double Tax Agreement...

France – New VAT rates for 2014

February 9, 2014

With effect from 1 January 2014, the rates of value added tax (VAT) in France have been changed and are...

Switzerland: Safe harbor rules apply to intra-group interest rates

February 9, 2014

Under a Circular of 30 January 2014 the safe harbor interest rate on loans received by shareholders or related parties...

Finland- TIEA with Panama entered into force

February 9, 2014

On 9 January 2014, Finland’s Ministry of Finance announced that the cabinet of ministers approved regulations ratifying the tax information...

Ethiopia intends to negotiate a tax treaty with Canada

February 9, 2014

Following a meeting held on 27 January 2014, Ethiopia has expressed its intentions to negotiate and sign a Double Tax...

Estonia – Six new DTA in effect

February 9, 2014

From 1 January 2014, six new Double Tax Treaties (DTA) were added to Estonia’s income tax treaty network. The treaties...

Estonia Approves Draft Agreement to implement FATCA

February 9, 2014

On 23 January 2014, the government of Estonia approved a draft agreement to implement the U.S. Foreign Account Tax Compliance...

Czech Republic joins Convention and protocol on Mutual Administrative Assistance in Tax Matters

February 9, 2014

The multilateral Convention on Mutual Administrative Assistance in Tax Matters, as amended by the 2010 protocol, entered into force in...

Croatia-Bill Ratifying Multilateral Tax Convention

February 9, 2014

The government of Croatia has sent a bill to parliament to ratify the Convention on Mutual Administrative Assistance in Tax...

Brazil – Social Security Tax on Exports to Trading Companies

February 9, 2014

The tax department has issued guidance clarifying that revenues from the sale of products to trading companies for the purpose...

Belgium increases quarterly VAT return threshold

February 9, 2014

The normal rule is that VAT returns are submitted on a monthly basis in Belgium.  There is however a quarterly filing...

Colombia: Thin capitalization provision

February 9, 2014

Under the Decree 3027 of 27 December 2013, the thin capitalization provisions interest is fully deductible up to a debt...

PGA Highlights: January 2014

February 5, 2014

In United States, The following events have been taken place under the several PGA during the month of January 2014. Agencies Summary Link...

United States: ADD/CVD Roundup for January 2014

February 5, 2014

Following table shows the Federal Register notices related to ADD/CVD cases for January 2014 in United States. Country Product Investigations Case...

Malta – Inclusion of the individual tax proposals in budget legislation

February 4, 2014

In Malta legislation has been presented to parliament to implement measures that were presented in the government’s budget for 2014....

Vietnam – Tax forms and VAT methods

February 3, 2014

According to Decree No. 156/2013/TT-BTC, in effect from 1 January 2014, new tax forms are to be used by organizations...

Vietnam releases circular on treaty benefit application

February 3, 2014

Recently, Vietnam issued Circular 205 providing rules on the applicability of tax treaty benefits and general anti-abuse provisions (GAAR) which...

Vietnam – detailed guidance on APA process effective 5 February 2014

February 3, 2014

Following the introduction of Advance Pricing Agreements (APA) in the Revised Law on Tax Administration, Vietnam’s Ministry of Finance (MoF)...