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Czech Republic-Switzerland tax treaty protocol enter into force

November 6, 2013

The protocol to the agreement regarding the avoidance of double taxation between Czech Republic and Switzerland has entered into force...

Portugal: Temporary tax regularization regime unveiled

November 6, 2013

For the regularization of tax debt, Portugal’s Council of Ministers has approved an “exceptional and temporary regime”. For those taxpayers...

Portugal and Spain Strengthen Mutual Tax Assistance

November 6, 2013

Portugal and Spain recently signed agreements aimed at developing and strengthening mutual assistance in tax matters, and at permitting a...

Peru – Due dates for submitting transfer pricing affidavits and technical studies for 2012

November 6, 2013

The Peru’s tax authorities (SUNAT) issued Resolución de Superintendencia N° 301-2013/SUNAT which became effective from 6 October 2013. The resolution...

OECD – Request for submissions on PE-status avoidance strategies (BEPS)

November 6, 2013

The organization for Economic Co-operation and Development (OECD) issued a request on 22 October 2013 for submissions of a “short...

New Zealand Tax Department Backs OECD BEPS Plan

November 6, 2013

New Zealand’s Inland Revenue Department (IRD) has released a report that strongly endorses the measures drawn up by the Organization...

Netherlands: Second draft Bill on other fiscal measures

November 6, 2013

A second draft Bill (No. 33753, No. 8) to amend the original Bill on other fiscal measures was published on...

Mexico: Proposed changes to the definition of maquiladora operations

November 6, 2013

The Chamber of Deputies passed a reviewed version of the federal government’s legislative proposals for tax reform on 17 October...

Mexican Chamber of Deputies approves tax reform bill

November 6, 2013

A tax reform package, presented by Mexico’s federal government in September 2013, is proceeding through the legislative process. A congressional...

Malaysian Budget for 2014

November 6, 2013

Malaysia’s budget for 2014 proposes a new goods and services tax (GST) to replace the existing sales tax and service...

Lithuania – Regulation for VAT on credit, debit documents

November 6, 2013

An observation has been issued concerning provisions under Lithuania’s value added tax (VAT) law regarding credit notes and debit documents....

Lithuania: Government permitted draft budget law for 2014

November 6, 2013

Recently, the Lithuanian Government permitted the draft budget law for 2014 as well as the law draft related to the...

Latvia adopts 2014 budget project in the first reading

November 6, 2013

On October 17, 2013 the Latvian parliament adopted the draft of the 2014 budget, a draft of the medium-term budget...

Latvian Government approves the national 2014 budget

November 6, 2013

On 1st October 2013 the Latvian government approved the national budget for 2014 with the budget deficit planned at up...

Korean Budget Proposal for 2014

November 6, 2013

The Ministry of Strategy and Finance (MOSF) of Korea (Rep.) released the Budget 2014 proposal on 27 September 2013. The...

Kenya-Turkey DTA sign in 2014

November 6, 2013

The Turkish and Kenyan governments are ready to sign an agreement on the avoidance of double taxation in 2014 and...

Budget for 2014 has been approved by the Italian Government

November 6, 2013

The budget for 2014 has been approved by the Italian government on 15 October 2013 aiming on spending and tax...

Finance (No. 2) Bill 2013 published in Ireland

November 6, 2013

The government published the Finance (No. 2) Bill 2013 on 24 October 2013. Some of the main measures included in...