Posts by admin

Finland: decree on blacklist countries updated

January 9, 2014

The Ministry of Finance of Finland published Decree No. 1284/2013 on 31 December 2013. This covers countries where the tax...

Finland-Panama: TIEA enters into force

January 9, 2014

The Finland – Panama Exchange of Tax Information Agreement (2012) entered into force on 20 December 2013 and applies from that date.

Bulgaria: Companies located in “preferential” jurisdictions banned from certain transactions

January 9, 2014

Bulgaria has enacted a new law, effective from 1 January 2014 which prevents companies located in “preferential tax regime jurisdictions”...

PGA Highlights: December 2013

January 8, 2014

In United States, following events have been occurred under the several PGA during the month of December 2013. Agencies Summary Link Federal Register...

United States: ADD/CVD Roundup for December 2013

January 8, 2014

Following table shows the Federal Register notices related to ADD/CVD cases for December 2013 in United States. Country Product Investigations Case Number...

Uruguay: Tax penalties increased

January 8, 2014

Decree No. 402/013, was published in the Official Journal (Diario Oficial No. 28,870) on 23 December 2013. This increased the...

Ukraine: Introduces a value-added tax exemption

January 8, 2014

In a statement on January 8, 2014, Ukrainian Prime Minister confirmed that he had ordered the preparation of draft legislation...

Netherlands: Relief, clarifications under FATCA

January 8, 2014

The Netherlands government has announced completion of a memorandum of understanding (MOU) to provide relief and clarify the intergovernmental agreement...

UK-Netherlands: Protocol to treaty enters into force

January 8, 2014

The Protocol amending the Double Taxation Agreement (DTA) between the UK and the Netherlands, signed in London on 12 June...

Belgium: Rules for “self-billing” for VAT purposes

January 8, 2014

The Belgian fiscal administration has issued guidance on the application of a “self-billing” system for value added tax (VAT) purposes....

Vietnam: Decree on tax penalties

January 7, 2014

Vietnam has released a new Decree on 16 October 2013 on tax penalties along with the amended law on Tax...

UK: Coalition Partner indicates preference for Income Tax Allowance Increases

January 7, 2014

The UK Deputy Prime Minister has said that the personal allowance could be increased beyond the  target GBP 10,000 in...

UK Chancellor Envisions Permanent Tax Cuts

January 7, 2014

The UK Chancellor of the Exchequer has reiterated the government’s commitment to continue cutting taxes, especially through spending cuts, and...

Protocol to Ireland – Switzerland DTA enters into force

January 7, 2014

Ireland’s tax administration, the Office of the Revenue Commissioners, has confirmed that the Protocol signed with Switzerland became effective on...

Slovenia: Tax Procedure Law amended

January 7, 2014

The Slovenian Parliament passed into law amendments to the Tax Procedure Law on 18 December 2013. These changes apply from...

Netherlands: Commodity Board Levies Removed

January 7, 2014

The Netherlands Finance Ministry has announced that compulsory levies payable by companies to the Dutch commodity and industrial boards (PBO)...

Italy: Efforts to combat tax evasion

January 7, 2014

Italy has taken steps to discourage cash payment for certain goods and services from 1 January 2014 as part of...

Ireland: SME Body requests changes in tax system

January 7, 2014

The SFA (Small Firms Association) has stated that Ireland needs changes to the tax system  in order to create more...