Posts by admin

France: Property Savings Account Tax Perk to remain

January 7, 2014

The Budget Minister of France has confirmed that there are no plans to change regulated home buyers savings account (PEL...

Transfer Pricing Brief: December 2013

January 7, 2014

Australia The ATO’s Base Erosion and Profit Shifting (BEPS) team is undertaking a compliance initiative called the International Structuring and...

Colombia: Thin capitalization provisions

January 7, 2014

The Colombian government issued Decree No. 3027 on 27 December 2013 to clarify thin capitalization rules under Art. 118-1 of...

Argentina: New “white” list of countries published

January 7, 2014

Argentina’s Federal Tax Authorities (AFIP) issued General Resolution 3576/2013 (published in the Official Gazette on 31 December 2013 covering the new list...

Vietnam: APA regime procedures and rules

January 6, 2014

Vietnam’s Ministry of Finance has issued detailed guidance in Circular 201/2013/TT_BTC dated 20 December 2013, for the advance pricing agreement...

Slovakia: Corporate tax rate reduction, international tax rules changed

January 6, 2014

The Finance and Budget Committee of the National Council of the Slovak Republic recently proposed some changes to the Slovak...

Protocol to Canada- France DTA enters into force

January 6, 2014

The Protocol amending the Canada-France DTA signed on 2 February 2010 entered into force on 27 December 2013.  

Netherlands: New decree on arm’s length principle published

January 6, 2014

The Netherlands State Secretary for Finance issued Decree No. IFZ 2013/184M on 26 November 2013 (Official Gazette No. 32854) which relates...

France: Tax provisions enacted

January 6, 2014

The French Parliament passed the tax legislative packages for 2014 on 19 December 2013, which were subsequently scrutinized by the...

Bulgaria: Intrastat reporting threshold changed in 2014

January 6, 2014

Bulgaria has changed its 2014 Intrastat reporting thresholds with effect from 1 January 2014. The current arrivals (imports from other...

Belgium: Proposed changes to expatriate tax rules

January 6, 2014

The Belgian government has proposed legislation to amend the rules for determining the non-resident individual (personal) income tax as applicable...

Argentina: Transfer Pricing Documentation Requirements

January 5, 2014

From 3 January 2014 there is a monthly reporting requirement for certain domestic transactions on the Argentinian market using Form...

UK: Increase in 2014 intrastat reporting thresholds

January 5, 2014

The United Kingdom has updated the annual reporting thresholds for Intrastat declarations from 1 January 2014. For arrivals (import of...

Belgium: Increase in resident VAT registration threshold

January 4, 2014

Belgium has proposed an increase in the resident EU VAT registration threshold. This will rise to EUR 15,000 from the current...

Hungary: VAT rules change

January 3, 2014

The European Court of Justice (ECJ) has ruled against current Hungarian rules on on the loss of the VAT exemption...

Argentina-Spain DTA enters into force

January 3, 2014

On December 23, 2013, Argentina’s embassy in Spain confirmed that Argentina and Spain have exchanged instruments of ratification to bring...

Uruguay: capital gains tax exemption on transfer of bearer shares repealed

January 2, 2014

The capital gains tax exemption on the transfer of bearer shares issued by Uruguayan companies has been removed by Art....

Portugal: Azores raises VAT

January 2, 2014

The Azores (a Portuguese independent region) has increased its standard Value Added Tax (Imposto sobre o Valor Acrescentado) rate from...