Posts by admin

Italy: Changes to 2014 Budget has been approved by Senate

December 4, 2013

A “maxi-amendment” has been approved by The Italian Senate on November 26 by means of a confidence vote completely replacing...

Cyprus and India held negotiations towards a revision of DTA

December 4, 2013

Cyprus and India held negotiations towards a revision to the countries’ double taxation agreement (DTA), to incorporate provisions on tax...

Brazil published some special amnesty programs

December 3, 2013

Law 12,865 was published in Brazil’s official bulletin on 10 October 2013 and has now come into force in Brazil....

Australia: Plan to address tax policy backlog

December 3, 2013

The Australian Government proclaimed arrangements on 6 November 2013 to address the extensive backlog of Australia’s previous tax and superannuation...

Australia: E-commerce registration threshold for non-resident remain unchanged

December 3, 2013

The Australian Goods and Services Tax (GST) registration threshold for e-commerce on-line sales to consumers has been kept unchanged by...

Argentina – Extension of the new tax incentive regimes

December 3, 2013

Two tax incentive regimes in force in Argentina for certain investments have been extended. Law 26.895 which was published in...

Andorra’s parliament ratifies the TIEA with the Czech Republic

December 3, 2013

In accordance with initial media reports, Andorra’s parliament has endorsed a law to justify the tax information exchange agreement (TIEA)...

India: Government will reduce E-Payment Threshold from 2014  

December 3, 2013

The Indian Government decided to reduce the threshold limit of mandatory e- payment from January 1, 2014 with the Notification...

Transfer Pricing Brief: November 2013

December 1, 2013

Australia Under Draft Taxation Determination TD 2013/D3 support payments made by an Australian parent company to a foreign related entity...

Vietnam – Changes to tax administrative penalty rules

November 19, 2013

Vietnam’s tax authorities have issued a decree that amends the rules that apply with respect to penalties assessed for tax...

Venezuela – Foreign currency rules regarding import objectives

November 19, 2013

The decree regardingthe share of foreign currency used for import activities has published in official gazette N° 40.259 and will...

USA – IRS Announces Pension Plan Limitations for 2014

November 19, 2013

On October 31, 2013, the Internal Revenue Service announced cost of living adjustments affecting dollar limitations for pension plans and...

USA – Inflation Adjustments for 2014

November 19, 2013

On October 31, 2013, the Internal Revenue Service announced annual inflation adjustments for the year 2014 for more than 40...

Uruguay – Guidance on tax implications of fees paid to foreign companies

November 19, 2013

The tax administration of Uruguay issued guidance on 29 October 2013 about the applicability of Uruguay’s non-resident income tax and...

UK Considering Tax For Foreign Property-Buyers

November 19, 2013

The UK Chancellor of the Exchequer refused to confirm reports that the Government is considering moves to impose Capital Gain...

UK Energy Firms Allegedly Using a Loophole To Cut Tax Bills

November 19, 2013

Several UK energy companies were accused on 30 October 2013 for abusing a legal loophole with a view to cut...

Treaty between Malawi and Norway enters into force

November 19, 2013

The Malawi – Norway Income Tax Treaty (2009) entered into force on 10 December 2012. The treaty generally applies from 1 January...

Switzerland: Budget Surplus despite Revenue Dip

November 19, 2013

The Swiss Federal Department of Finance released that the Confederation is forecasting the excess budget of this year CHF0.3bn (USD0.33bn)...