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Luxembourg and Uruguay initial a tax treaty

September 10, 2013

Luxembourg and Uruguay initiated a double tax agreement (DTA) on August 27, 2013. As Uruguay is considered to be one...

Kenya: VAT Act 2013 now effective

September 10, 2013

The VAT Act 2013 became effective on 2 September 2013. The value added tax (VAT) is to be charged at...

Italy: VAT rise may be delayed to 2014

September 10, 2013

The VAT rise to 22% originally planned in Italy for 2013 may be delayed to 2014. Italy may however fail...

Italy: First payment of municipal real estate tax abolished

September 10, 2013

Law Decree No. 102/2013, providing for urgent measures with regard to the municipal real estate tax (IMU), was published in...

FTA Between Indonesia-Pakistan Enters Into Effect

September 10, 2013

Indonesia and Pakistan signed a Preferential Trade Agreement (PTA) in February 2012. This agreement came into effect from September 1...

India: New Company Law enacted from 2014

September 10, 2013

The government of India enacted a new company law on 29 August 2013 which aims to make stronger the rights...

Germany: New VAT invoice requirements

September 10, 2013

Germany has approved a new Act to implement changes to bring German VAT compliance rules into line with the EU...

France: Temporary reduction on taxation capital gains on immovable property

September 10, 2013

The government of France issued guidelines BOI-RFPI-PVI-20-20-20130809 on 9th August 2013, providing new reductions on capital gains for the purpose...

France: List of non-cooperative states or territories updated for 2013

September 10, 2013

The French government published a Ministerial Decree on 28 August 2013 updating the list of non-cooperative states or territories (NCSTs)....

France rules out plans for tax hikes in 2014

September 10, 2013

The French government has declared that taxes imposed on companies in France will not rise in 2014. France originally planned...

France adopts new tax measures to simplify administration

September 10, 2013

The Council of Ministers of France adopted a bill to implement a new set of measures to simplify administrative procedures...

Finland: Tax Administration published information package on tax havens

September 10, 2013

On 3 September 2013, the tax administration of Finland published on their website an information package on tax havens. This...

ECJ: Advocate General’s opinion on Hungarian retail turnover tax

September 10, 2013

The Advocate General of the European Court of Justice (ECJ) has issued an opinion in respect of a case involving...

Croatia – Portugal signed Double Tax Treaty

September 10, 2013

The Government of Croatia approved the signing of a double tax treaty (DTA) with Portugal for avoidance of double taxation...

China: OECD publishes working paper on China’s tax policy

September 10, 2013

An OECD working paper titled “Tax policy and tax reform in the People’s Republic of China” was published on 9...

China: Consumption tax on more luxury goods

September 10, 2013

China is considering broadening the scope of its consumption taxes to cover more luxury goods. This announcement comes as Chinese...

Argentina: Changes to Income Tax and Family Allowances

September 10, 2013

The Argentine government announced changes to the income taxes. According to the new amendments exemptions from taxes will be offered...

Afghanistan – Pakistan DTA

September 10, 2013

Afghanistan and Pakistan agreed to launch negotiations towards a double taxation agreement (DTA) at meetings on August 25, 2013. No...