Posts by admin

FATCA agreement between Hungary and United States

November 18, 2013

The Ministry of National Economy of Hungary announced on 28 October 2013 that Hungary and the United States signed a...

Germany – VAT groups

November 18, 2013

The federal tax court of Germany (Bundesfinanzhof – BFH) has changed its position on the rules for organizational integration of...

Germany – Discovering recipients of deductible payments

November 18, 2013

The federal tax court of Germany (Bundesfinanzhof – BFH) has held that the tax authorities may require taxpayers to identify...

Germany-Switzerland Tax Deal: SPD Open to stimulating the Agreement

November 18, 2013

It has been published on 4 November 2013 that, Germany’s Social Democrats (SPD) have indicated that the party might be...

French Lawmakers Return to Tax on Energy Drinks

November 18, 2013

The National Assembly of France has adopted the social security finance bill 2014. The assembly also included an amendment for...

European Commission – VAT Guidelines for Telecoms and e-Services

November 18, 2013

On 29 October 2013, the European Commission published guidelines to help companies to prepare for the new value-added tax rules...

EU: Stopping the Italian bank guarantee requirement for VAT credits

November 18, 2013

The European Commission is seeking to prevent Italy from demanding a bank guarantee from non-resident companies which are seeking to...

Egypt – VAT implementation discussions

November 18, 2013

The Finance Ministry of Egypt has re-started discussions on the potential implementation of a full Value Added Tax (VAT) regime...

Egypt – Increase of the Personal Income Tax Threshold

November 17, 2013

The Finance Ministry of Egypt announced on 22 October 2013, that the annual personal tax exemption limit will be increased...

European Court of Justice (ECJ): Taxpayer rights in respect of a request for information

November 17, 2013

The following questions were put to the European Court of Justice (ECJ) by the Czech Supreme Administrative Court on 4...

Denmark publishes proposed exit tax rules

November 17, 2013

The Danish Minister of Taxation published a draft bill on 7 October 2013, which amends the rules on exit taxation....

Czech Senate approves Income Tax Law amendment

November 14, 2013

On 10 October 2013, the Czech Senate approved a special law measure that includes a long discussed Income Tax Law...

Colombia: Decree Listing Tax Havens

November 14, 2013

Colombia’s Ministry of Finance and Public Credit on 7 October 2013 issued Decree 2193. That Decree includes a list of...

China: VAT reforms for 2014 and 2015

November 14, 2013

Chinese VAT reforms went national in August 2013 in respect of transport and broadcast services. The first VAT reform pilot...

China: Enterprise income tax treatment from technology transfers

November 14, 2013

The State Administration of Taxation (SAT) of China issued a bulletin which states that revenues from technical advice, technical services...

China: Circular providing tax breaks for eligible enterprises for Government-led shanty town renovations

November 14, 2013

The Finance Ministry of China on 28 October 2013 released a circular that announced tax breaks for eligible enterprises that...

Canada – Tax credits temporarily refundable in Quebec

November 14, 2013

The Quebec government declared three new temporary repayable tax credits. Individuals who investing in “eco-friendly” renovation work these temporary tax...

Canada – QST changes in Quebec

November 14, 2013

A business with total taxable supplies and those of the business’ associates exceed $10 million for the preceding fiscal year...