Posts by admin

Argentina: General Resolution 4157-E publishes for updating Compliance requirement

November 20, 2017

The General Resolution 4157-E of the Federal Tax Administration was published on November 17, 2017 in the official gazette for...

France: Government publishes draft second Amendment Financing Act for 2017

November 20, 2017

On 15 November 2017, a second draft amending Finance Bill for 2017 was submitted to the French Council of Ministers...

France: “exceptional surcharges” proposed for corporate tax of large companies

November 20, 2017

On 2 November 2017, the French government announced details of proposed “exceptional surcharges” which will be 15% and will be...

Italy: Updated annual VAT declaration from 2018

November 19, 2017

Italy updated their annual VAT declaration process that will be effective from 2018. Italy changed the reporting frequency of VAT...

UK: Survey of business attitudes to VAT registration

November 18, 2017

Research commissioned by HMRC into business behaviour in relation to value added tax (VAT) registration looked into reasons why businesses...

Taiwan: MoF announces changes to the transfer pricing documentation rules

November 18, 2017

The Ministry of Finance (MoF) published the amendment of Transfer Pricing Audit Rules on 13th November 2017. The rules established...

Romania: Guidance published on form for country-by-country reporting

November 17, 2017

On 14 November 2017, the tax administration published guidance Order no. 3049/2017 concerning the form to be used for filing...

Saudi Arabia: Circular issued on implementation of recent tax law amendments relating to tax appeal procedures

November 16, 2017

General Authority for Zakat and Taxes (GAZT) of Saudi Arabia has clarified in its Circular No. 7258/16/1439 of 14 November...

Singapore: OECD concludes tax incentives meet international BEPS standards

November 16, 2017

Singapore is an “associated” jurisdiction under the BEPS (Base Erosion and Profit Shifting) project.  Singapore’s available tax incentives were reviewed...

Mexico: Congress approves budget for 2018

November 16, 2017

Mexico’s Congress gave final approval to the federal budget for 2018 on 15th November 2017.

Singapore: Tax exemptions for corporate re-domiciliations

November 15, 2017

On 11 October 2017, Singapore’s Accounting & Corporate Regulatory Authority (ACRA) has immediately adopted the Companies (Transfer of Registration) Regulations...

Romania: Ordinance amending the Tax Code published

November 15, 2017

In the Official Gazette no. 885 of 10 November 2017, Emergency Ordinance no. 79 concerning the modification and completion of...

Qatar joins BEPS inclusive framework and signs BEPS Multilateral Instrument

November 15, 2017

The Organization for Economic Co-operation and Development (OECD) made an announcement on November 14, 2017, that Qatar joined the Base...

Hungary: New transfer pricing Decree on Transfer Pricing Documentation rules

November 14, 2017

On 18 October 2017, the Hungarian Ministry of National Economy (NGM) issued a decree on new Transfer Pricing Documentation rules....

Hungary: Proposal of increasing VAT registration thresholds

November 14, 2017

Hungary is working out a plot to strengthen its VAT registration threshold from HUF8 million to a hefty HUF12 million....

Bahrain: Cabinet approves draft law regarding excise tax

November 14, 2017

The Cabinet approved a draft-law on ratifying the Gulf Cooperation Council (GCC) unified selective excise tax on unhealthy drinks on...

UAE: MoF announces Executive Regulation for VAT

November 12, 2017

The Finance Ministry (MoF) announced the Executive Regulation for the Federal Decree-Law No. (8) of 2017 regarding Value Added Tax...

Canada: Federal Govt. announces cannabis tax plan

November 12, 2017

The federal government proposed a new excise duty framework that imposes duties on cannabis products on November 10, 2017. A...