Posts by admin

SARS Updates ATR Application Process

September 1, 2013

The process of application for a tax ruling is sometimes seen by taxpayers as daunting and they may prefer not...

Switzerland: Changes in the Tax Administrative Assistance Act

September 1, 2013

The Federal Council of Switzerland introduces consultation proceedings on the partial modification of the Tax Administrative Assistance Act on 14...

Tanzania – Requirements for business licenses

September 1, 2013

Recently Tanzania’s Ministry of Industry and Trade issued details of the procedures necessary for businesses to register for or renew...

UK: Published draft guidance on DOTAS regime confidentiality hallmark

September 1, 2013

HM Revenue & Customs (HMRC) the UK tax authority published draft guidance on 21 August 2013 to accompany the present consultation on...

UK: Statistics for Research and Development Tax Relief

September 1, 2013

The HMRC published the statistics on 15 August 2013 for the uptake of the research and development tax relief in...

Ukraine: New transfer pricing rules

September 1, 2013

A law “On the Amendments to the Tax Code of Ukraine Regarding Transfer Pricing” passed its second and final reading...

Uruguay enacts limits on tax incentives

September 1, 2013

Uruguay has issued Decree No. 226/013 which introduces a new ceiling on the tax credit for donations to art and...

Venezuela: New income tax relief

September 1, 2013

The Official Gazette of Venezuela has published a decree named “Supreme Decree 285”. This decree has brought new income tax...

Vietnam: Issues Decree 92/2013 on implementation of CIT and VAT

September 1, 2013

Vietnam’s corporate income tax (CIT) and value added tax (VAT) guidance given in the Decree includes the following points: – ...

Agenda for the WTO Public Forum in Geneva

September 1, 2013

The WTO Public Form is to be held in Geneva on 1 to 3 October 2013. The theme of the...

WTO: services trade database to be developed

August 27, 2013

The World Trade Organization (WTO) and the World Bank have agreed to jointly develop a database on international trade in...

Vietnam and New Zealand sign double tax agreement

August 27, 2013

New Zealand signed a new double tax agreement (DTA) with Vietnam on August 5, 2013. When will become effective, dividends...

UN: provisional agenda for meeting of the committee of experts on international taxation

August 27, 2013

The UN’s Economic and Social Council has released the date and draft agenda for the ninth session of the UN...

Ukraine and Malta to sign double tax convention

August 27, 2013

The governments of Ukraine and Malta are intending sign a convention on the avoidance of double taxation and the prevention...

UK has removed the VAT exemption for business supplies of research

August 27, 2013

With effect from 1 August 2013 the UK has removed the exemption from value added tax (VAT) for business supplies...

UK: HM Revenue and Customs (HMRC) revises SDLT group relief regulations

August 27, 2013

The UK tax authority HMRC has introduced a clarification confirming that intra-group transactions are eligible for group relief related to...

UK: Consultation on measures to combat artificial tax avoidance

August 27, 2013

The UK has published a consultation document entitled “Raising the Stakes on Tax Avoidance”. Comments are invited from interested parties...

UK: consultation on tax free childcare

August 27, 2013

In the 2013 Budget measures the UK announced the introduction of tax free childcare for working families. The objective of...