Posts by admin

Kazakhstan – Czech Republic ICTT protocol authorized

November 4, 2013

It has been reported that the government of the Czech Republic has authorized the signing of the initialed amending protocol...

Protocol to treaty between Brazil and India signed

November 4, 2013

Brazil and India signed an amending protocol to the Brazil – India Income Tax Treaty (1988), in Brasilia on 15 October...

Barbados and Malta treaty Protocol signed

November 4, 2013

It has been reported that Barbados and Malta signed an amending protocol to the Barbados – Malta Income Tax Treaty (2001),...

Protocol to tax agreement between Austria and Hong Kong enters into force

November 4, 2013

According to a press release of 18 October 2013, the amending protocol on Income and Capital Tax agreement [2010] between...

Protocol and exchange of letters entered into force to treaty between Korea (Rep.) and Luxembourg

November 4, 2013

The amending protocol and exchange of letters, which was signed on 29 May 2012, the Income and Capital Tax Treaty between...

Portugal: Approves Corporate Tax Reform

November 4, 2013

The Portuguese Council of Ministers sent to parliament proposed reforms of the corporate tax system on 13 October 2013, which...

Portugal: Amendments to exit tax to conform to EU principles proposed

November 4, 2013

Legislative authorization to amend the exit taxation rules to conform to EU principles is provided by 2013 Budget Law of...

OECD publishes comments received on intangibles

November 4, 2013

The OECD has published on its website the comments received by interested parties on its revised discussion draft on transfer...

OECD publishes comments on white paper on transfer pricing documentation

November 4, 2013

The OECD has published comments received on the White Paper on transfer pricing documentation issued on 30 July 2013.  The...

Norway: New government publishes its tax plans

November 4, 2013

The leaders of Norway’s new minority government announced a common general tax platform for the next 4 years, on 7...

Budget for Norway- 2014 presented to parliament

November 4, 2013

The Budget for 2014 was presented to parliament on 14 October 2013. Details of the Budget in respect of direct...

Amended Budget for Netherlands 2014 presented

November 3, 2013

Amended Budget for Netherlands 2014 presented On 11 October 2013, the Netherlands government presented an overview of the amended Budget...

Malaysia – GST implementation to be delayed beyond 2014

November 3, 2013

The Malaysian Budget for 2014 which may be presented to Parliament in the near future is unlikely to include details...

Luxembourg: Legislative changes to implement mandatory automatic exchange of information

November 3, 2013

The Luxembourg Council of Ministers approved the legislative changes required to implement the mandatory automatic exchange of information system on...

Korea (Rep.): Tax Revision Bill 2013 approved

November 3, 2013

The Ministry of Strategy and Finance of Korea (Rep.) approved the Tax Revision Bill 2013 on 26 September 2013 with...

Japan: Changes to consumption tax and corporate income tax

November 3, 2013

The Japanese government officially announced on 1st October 2013 its plan to modify “consumption tax” and “corporate income tax”.  The...

Italy: Decree on Financial Transaction Tax has been issued with Amendment

November 3, 2013

A Decree has been approved by The Italian Ministry of Economy and Finance on 16 September 2013 which makes the...

Italy –Government Increases the VAT Rate to 22%

November 3, 2013

With effect from 1 October 2013, the standard VAT rate on goods and services has increased from 21% to 22%....