Posts by admin

Belgium – Clamping down on tax evasion and tax fraud

September 19, 2013

There has recently been concern internationally about tax evasion and fraud, and many countries have increased their efforts to trace...

Argentina:Approval of the tax reform bill by the House of Representatives

September 19, 2013

A tax reform bill proposing significant changes to the income tax law regarding the taxation of dividends and capital gains...

United States: ADD/CVD Roundup for August 2013

September 17, 2013

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

WTO, OECD and UNCTAD paper on Global Value Chains presented to G20

September 10, 2013

A joint report by the WTO, OECD and UNCTAD entitled “Implications of global value chains for trade, investment, development and...

UK: Alternative Dispute Resolution for Large Taxpayers

September 10, 2013

An evaluation of the pilot project on alternative dispute resolution (ADR) for large taxpayers has been published by the HMRC....

Tax treaty between Malta and Ukraine signed

September 10, 2013

Malta and Ukraine signed an income tax treaty on 4 September 2013. The treaty is expected to contribute to developing...

Treaty between Finland and Tajikistan enters into force

September 10, 2013

On 5 September 2013, the Finland- Tajikistan Income Tax Treaty (2012)  entered into force. The treaty generally applies from 1 January...

Switzerland: Tax resolution for Second-Tier Banks

September 10, 2013

Switzerland has approved the terms of a proposed settlement with the United States announced on 28 August 2013 regarding the...

Poland: Transfer pricing for business restructurings

September 10, 2013

Poland’s Finance Ministry issued decrees that bring the transfer pricing provisions of Poland’s tax law into line with international transfer...

DTA between Pakistan – Czech Republic 

September 10, 2013

Pakistan’s Cabinet on August 29, 2013, approved the signing of a draft double tax agreement (DTA) with the Czech Republic....

OECD: Tax policy developments after the financial crisis

September 10, 2013

A new OECD working paper entitled “The Tax Policy Landscape Five Years after the Crisis” published on 9 September 2013...

OECD reports to G20 on tax matters

September 10, 2013

The OECD Secretary General submitted a report on tax issues to the G20 meeting on 5 and 6 September 2013....

Nigeria: Treatment of recharges paid to local subsidiaries

September 10, 2013

The Tribunal of Nigeria’s Tax Appeal has issued decisions on August 26, 2013 regarding two non-resident taxpayers. The issue was...

Nigeria: Tax implications guidance of adopting IFRS

September 10, 2013

The Nigerian tax authority has published guidance on September 6, 2013 regarding the tax implications of adopting the International Financial...

New Zealand: Taking Tough Stance on Tax Avoidance

September 10, 2013

A former businessman has been punished recently over a total of 87 tax-related charges, and the Inland Revenue Department of...

Netherlands: Simplification of individual tax assessment process proposed

September 10, 2013

A new tax assessment process is proposed by the Netherlands Ministry of Finance on 6 September. This will simplify and...

Netherlands: Plans to update tax treaties with developing countries

September 10, 2013

The Netherlands has a plan to significantly improve tax transparency and to combat international tax avoidance by updating double tax...

Netherlands to change statute of limitations period

September 10, 2013

A Bill to change the statute of limitations period and to simplify the electronic exchange of data was presented on...