Posts by admin

Germany: Effective dates of value-added tax changes

August 1, 2013

Following the enactment of a new tax law (29 June 2013) in Germany, changes to value added tax are effective on...

European Commission: Private VAT rulings in relation to cross-border situations

August 1, 2013

According to European Commission information notice a number of EU member states have agreed within the EU VAT Forum to...

EU: FTA with Peru and Colombia

August 1, 2013

A free trade agreement (FTA) between the EU, Peru and Colombia signed on 26 June 2013.The agreement will enter into...

EU: FTA between Colombia and EU entered into force

August 1, 2013

The European Commission announced on 26 July 2013 that the Free Trade Agreement (FTA) between the European Union and Colombia...

EU: Regulation on Customs enforcement of intellectual property rights

August 1, 2013

The European Parliament and the Council of the European Union (EU) on 18 July 2013 published a Regulation (EU No...

EU: Countering “carousel” VAT fraud

August 1, 2013

The Council of the European Commission affirmed on 22 July 2013 that the appropriation of measures to empower EU Member...

Australia and Chile: DTA will be applicable after 1 January 2014 in Chile

August 1, 2013

The Convention between the Republic of Chile and Australia for the Avoidance of Double Taxation was published in Chile’s Official Gazette on...

Czech Republic: Flood-related tax relief and proposed payroll tax changes

August 1, 2013

New tax measures in the Czech Republic provide tax relief to flood damage and introduce a new payroll tax regime....

Croatia: New excise duty imposed on energy products

August 1, 2013

Croatia has recently passed a number of new laws and regulations in connection with its entry to the European Union...

Chile: Taxpayers must submit new affidavit following transfer pricing rules

August 1, 2013

Taxpayers who are engaging in transactions with entities domiciled abroad will have to agree with the new transfer pricing compliance...

Canada – Way of taxation in foreign affiliates

August 1, 2013

The draft legislation has released by Canada’s Department of Finance on July 12, 2013, including provisions concerning the taxation of...

Belgium: No credit for withholding tax on dividends

August 1, 2013

Belgium has affirmed that 25% withholding tax imposed on dividends if those dividends are received by Belgian investment companies would...

Belgium: Approval of “Fairness tax” on corporations

August 1, 2013

The tax measures under the budget control proposals previously announced by the Belgian government were adopted on 18 July 2013...

Austria: From July 2013 Amendments’ to Limited Liability Company Act

August 1, 2013

Austria has passed an amendment to the Limited Liability Companies Act from 1st July 2013 with the aim of reducing the...

WCO issues advisory opinion in respect of imports of goods incorporating a trademark

August 1, 2013

The Technical Committee on Customs Valuation of the World Customs Organization (WCO) has approved a revised “advisory opinion” on the...

Uruguay: New rules regarding foreign tax credit

August 1, 2013

The tax authorities of Uruguay issued Resolution No. 1,815/2013 regarding new rules on foreign tax credit on 26 June 2013. The...

Uruguay: National Assembly presents Budget Bill 2012

August 1, 2013

The government of Uruguay presented a Bill to the National Assembly on 30 June 2013 that reviews the 2012 Budget....

UK: exploration of FTT recommended by MPs

August 1, 2013

It has been recommended by a UK Parliamentary Committee to consider the “feasibility, benefits and risks” of a Financial Transaction...