Posts by admin

Ireland introduces construction VAT relief

November 6, 2013

The Irish Ministry of Finance has published the Finance (No. 2) Bill 2013 giving force to measures announced in the...

India: Vodafone case regarding transfer pricing

November 6, 2013

The Bombay high court directed the income-tax department to stop the proceedings of its dispute resolution panel (DRP) against the...

Guernsey Signs TIEAs with Gibraltar and Slovakia

November 6, 2013

Guernsey’s Chief Minister signed a Tax Information Exchange Agreement with his Gibraltar counterpart, on October 22, 2013. The agreement demonstrates...

UK: Exchange of Letters signed to update tax information agreements

November 6, 2013

The UK government has recently been updating the arrangements for the exchange of tax information with some of its territories....

Exchange of information agreement between Finland and Niue signed

November 6, 2013

According to media reports, Niue has recently signed tax information exchange agreements with a number of countries, including New Zealand...

Exchange of information agreement between Costa Rica and Norway approved by Costa Rican Congress

November 6, 2013

On 21 October 2013 the Costa Rican Congress approved on first debate the Costa Rica – Norway Exchange of Information Agreement...

Costa Rican Congress approves “Exchange of Information Agreement” with Finland

November 6, 2013

On 21 October 2013, the Costa Rican Congress approved on first debate the Costa Rica and Finland Exchange of Information Agreement...

EU: Standard VAT return proposed

November 6, 2013

The European Commission announced on 23 October a proposal for a standard value added tax (VAT) return. As indicated by...

ECJ: Advocate General opines on VAT exemption for transferable cards

November 6, 2013

A Court in the Netherlands had referred to the European Court of Justice (ECJ) the question of whether it was...

United States: ADD/CVD Roundup for October 2013

November 5, 2013

Following table shows the Federal Register notices related to ADD/CVD cases for October 2013 in United States. Country Product Investigations...

ECJ: Advocate General opines on consortium relief issue

November 5, 2013

The advocate general has issued an opinion on a consortium relief issue referred to the European Court of Justice (ECJ)...

China-US: Third Bilateral Advance Pricing Agreement Signed

November 5, 2013

In September 2013, China’s State Administration of Taxation and the U.S. Internal Revenue Service reached an agreement in principle on...

Chile: OECD convention for Mutual tax assistance has been signed

November 5, 2013

The Organization for Economic Co-operation and Development (OECD) announced that on October 24, 2013 Chile, as the 59th country, signed...

Canada –Tax measures situation from Budget 2013

November 5, 2013

The Department of Finance Canada has issued a draft legislation naming “Notice of Ways and Means Motion” on October 18,...

Belgium: Rules to calculate the notional interest deduction

November 5, 2013

The Belgian tax law is going to be amended to revise to the method of calculation of the notional interest...

Transfer Pricing Brief: October 2013

November 5, 2013

Azerbaijan A Bill on transfer pricing is being re-introduced to parliament and if approved will take effect from 1 January...

Ukraine withdraws VAT cut plans

November 4, 2013

Ukraine had previously planned to decrease its VAT rate along with lowering its corporation tax rate. However since Ukraine is...

Treaty between Slovenia and United Arab Emirates signed

November 4, 2013

It is reported that Slovenia and the United Arab Emirates signed a tax treaty on 12 October 2013, during the...