Posts by admin

China: Tax breaks for solar manufacturers

October 22, 2013

Recently the Finance Ministry of China has announced that it intends to offer tax breaks to solar manufacturers since the...

China: Scope for 50% tax deduction on R&D expenses

October 22, 2013

The Ministry of Finance of China on 30 September 2013, released a circular which expands the criteria for enterprises to...

China: Clarifies VAT exempt services rules

October 22, 2013

Following the launch of the Chinese VAT pilot in 2012, the Chinese tax authorities released detailed guidance on September 2013...

Canada-Malaysia Tax Treaty Signed

October 22, 2013

Canada and Malaysia has signed a declaration of intent on October 7, 2013 to conclude a new tax agreement that...

Bulgaria- Cash Accounting in VAT

October 22, 2013

Due to recent cases in tax field Bulgaria plans to initiate some changes to the Value Added Tax regime to...

Brazil: Procedure to file requests for tax consultations

October 22, 2013

Brazil issued Normative Instruction 1,396/2013 on 30 September 2013.This Instruction regulates the administrative procedure to consult the federal tax authority...

Brazil: Tax authority has issued ruling on tax treatment

October 22, 2013

The Federal Tax Authority issued Ruling No. 58/2013 on 27 August 2013, published in the Official Gazette on 30 August...

Brazil: Tax Authority has published guidance on Transitory Tax Regime

October 22, 2013

Tax Authority has published guidance on the Transitory Tax Regime in the Official Gazette on 17 September 2013, introduced the...

Brazil: Daimler to Build New Factory

October 22, 2013

It has been published that, German auto-maker Daimler AG said early in October that it plans to set up a...

Brazil: Changes to transfer pricing regulations

October 22, 2013

Brazil issued Normative Instruction 1,395/2013 on 30 September 2013.This Instruction introduced changes to Normative Instruction 1,312/2012 regarding the prices that...

Belgium: Extension of tax-on-web filing deadline

October 22, 2013

The deadline for filing individual income tax declarations via the Finance Ministry’s Internet portal tax-on-web is extended. And it is...

Belgium: Expanding the list of compensation subject to social security

October 22, 2013

Recently, a royal decree has been published in Belgium, altering the social security regime for certain out-of-service compensation from 1...

Australia: Under carbon tax emissions would Rise

October 22, 2013

The Ministry of Environment of Australia has said that the Australia’s projected emissions for the period from 2010 to 2020...

Argentina-changes to the wage limits for family allowances

October 22, 2013

The government of Argentina has announced changes to the family allowances regime which are effective from 1 September 2013. The...

Australia: Start date to offshore banking unit reforms delayed

October 22, 2013

The Government of Australia has delayed the start date (1 October) for the reforms to the offshore banking unit (OBU)...

Argentina –Extension of the Foreign-Currency Tax Amnesty Program

October 20, 2013

In Argentina, a tax amnesty program has been extended until the end of this year for those Argentines who have...

PGA Highlights: September 2013

October 10, 2013

In United States, following events have been occurred under the several PGA during the month of September 2013. Agencies Summary Link...

United States: ADD/CVD Roundup for September 2013

October 10, 2013

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