Posts by admin

Taiwan: Worried At Non-Declaration of Property Income

December 30, 2013

Recently, Taiwan’s National Taxation Bureau (NTBT) published that the requirement to announce, on an income tax return, profits for an...

Swiss Protocol to DTA with Ireland and Turkmenistan in force

December 30, 2013

The protocol amending the double taxation agreement (DTA) between Switzerland and Ireland, and with Turkmenistan have entered into force, and...

Brazil Repeals Transitional Tax Regime and established important changes to tax system

December 30, 2013

Brazil’s Federal Government has published Provisional Measure No. 627 (PM 627) on 12 November 2013, containing a long expected set...

Spain: plans to cut taxes for lower incomes

December 27, 2013

The Government of the Spain intends to reduce individual income taxation (IRPF) for those on lower incomes over the next...

New taxes has been introduced by the Italian 2014 Budget

December 27, 2013

The Italian parliament approved a “maxi-amendment” on December 23 2013 completely replacing the proposals initially made by the Government on...

DTA signed between Latvia and India

December 27, 2013

According to media reports, Latvia’s parliament approved a law that would ratify the DTA and an accompanying Protocol signed between...

Denmark: Changes VAT return filings for small companies

December 27, 2013

The Danish Budget 2014 changes the VAT compliance regime for small companies therefore if the businesses with sales less than...

Individual tax relief measures in China

December 27, 2013

The Ministry of Finance, the Ministry of Human Resources and Social Security, and the State Administration of Taxation have jointly...

Peru –Amendments to the Income Tax Regulations

December 27, 2013

The department of Economy and Finance of Peru has made some modifications to the country’s existing Income Tax Regulations which...

Nigeria establish TP Division and disclose TP forms

December 27, 2013

Transfer Pricing Division will be accountable for the implementation and administration of the Income Tax Transfer Pricing Regulations No.1 2012...

Netherlands Eyes Key Changes To Financial Market Rules In 2014

December 27, 2013

The Dutch Finance Ministry has announced that a number of key changes to financial market laws and regulations are due...

Kazakhstan – International Convention regarding tax issues signed

December 27, 2013

The Organization for Economic Co-operation and Development (OECD) has announced that Kazakhstan signed the international convention related to mutual administrative...

Irish PM considers tax cuts

December 27, 2013

It has been reported on 27 December 2013 that for middle income families the Irish Government will prioritize income tax...

Trilateral Cooperation on Fiscal Transparency among United States, Brazil and El Salvador

December 27, 2013

Focusing on improve tax collection, effective and efficiency of fiscal transparency, an International Initiative for Trilateral Cooperation has been announced...

India is expected to post a Revenue Service office in Cyprus

December 26, 2013

India is expected to post a Revenue Service officer in Cyprus early in the new year, just months after it...

South Africa delays implementation of GST on foreign digital supplies

December 26, 2013

It has been published on 26 December 2013 that the plans to implement South African GST on digital supplies have...

Slovenia: Modified Individual Income Tax Law enacted

December 26, 2013

It has been confirmed on 26 December 2013 that modified Individual Income Tax Law entered into force on 23 November...

Norway and EFTA- changes in respect of customs credit for EEA businesses registered in Norway for VAT purposes

December 26, 2013

It was published on 26 December 2013 that, due to a reasoned opinion from the EFTA Surveillance Authority dated 19...