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Thailand: OECD concludes Thai incentives as harmful tax practices

November 10, 2017

The Thai government upon joining the base erosion and profit shifting (BEPS) inclusive framework, agreed to implement certain minimum standards...

WTO: Fewer trade restrictive measures introduced by G20 countries

November 10, 2017

The eighteenth monitoring report by the World Trade Organisation (WTO) on G20 trade measures was issued on 9 November 2017....

Thailand: Decree on corporate tax reduction options for SMEs released

November 10, 2017

On 31 October 2017, Royal Decree (No 647) was published allowing small and medium-sized enterprises (SMEs) to claim a double...

Nigeria: President presents Budget proposal 2018

November 7, 2017

The President, Muhammadu Buhari, on November 7, 2017, presented the Budget proposal 2018 to the joint session of the National...

Argentina: Treasury Minister announces tax reform plan

November 6, 2017

The Treasury Minister, Nicolas Dujovne, on October 31, 2017, announced a tax reform plan. This proposed tax reform includes tax...

OECD: Tax Inspectors Without Borders discuss improving tax audit capacities

November 5, 2017

On 3 November 2017 a discussion was held at the OECD on sharing experiences and improving best practices for tax...

Korea: National Assembly set to increase e-cigarette taxes

November 5, 2017

On 20 October 2017, the Assembly Strategy and Finance Subcommittee of Korea passed a revised bill to increase the excise...

UAE: DTA signs with Rwanda

November 5, 2017

An Income Tax Agreement was signed on November 1, 2017, between United Arab Emirates (UAE) and Rwanda for the avoidance...

Morocco: Draft Budget for 2018

November 5, 2017

The draft budget 2018 was presented to the Parliament on October 20, 2017. This draft Law is available in French...

Taiwan: The Ministry of Finance publishes the CFC implementation rules

November 5, 2017

The Ministry of Finance has announced the implementation of CFC (controlled foreign company) rules on September 20, 2017. The main...

PGA Highlights: October 2017

November 2, 2017

In the United States the following events have taken place under the several PGA during the month of October 2017....

United States: ADD/CVD Roundup for October 2017

November 2, 2017

Following table shows the Federal Register notices related to ADD/CVD cases for October 2017 in United States. Country Product Investigations...

Bulgaria: NRA approves CbC reporting format and process

November 2, 2017

The Executive Director of the National Revenue Agency (NRA) approved the country by country reporting format and procedures on October...

Brazil: Government changes tax rules on the oil and gas tax industry

November 1, 2017

Brazil has published the National Congress Act 53 of 10th October 2017 in the Official Gazette for extending the Provisional...

Norway: Government publishes tax proposal in Budget 2018

October 31, 2017

On 12 October 2017, the Norwegian Government published its proposal for the 2018 Fiscal Budget. The following tax measures are...

Greece: VAT compliant receipts to fight fraud

October 31, 2017

The Government has announced a monthly lottery on the basis of VAT compliant receipts issued to consumers for trying to...

Poland: Draft bill amendment regarding tax deductibility of intra-group charges

October 31, 2017

Poland’s Public Finance Commission of the Lower Chamber of Parliament has debated and passed noteworthy changes of the current draft...

Netherlands and Zambia: Dutch parliament approves DTA

October 31, 2017

The lower house of the Dutch parliament approved the Double Taxation Agreement (DTA) with Zambia on 24 October 2017 for...