Posts by admin

TIEA signed between Argentina and the Bahamas becomes effective immediately

September 3, 2012

According to media reports, the tax information exchange agreement (TIEA) signed between Argentina and the Bahamas entered into force on...

United States and Belgium have agreed to expand the scope of their DTA

August 30, 2012

The US tax authority, the Internal Revenue Service, announced on August 20, 2012, that the United States and Belgium have...

Australian Parliament Passes Fund Manager Tax Reforms

August 29, 2012

The Australian government has loosened the tax requirements on the financial services industry in an effort to remove any barriers...

Colombia: Transfer pricing documentation and APA requirements amended

August 29, 2012

It was reported on 29 August 2012 that, decree 1602, published in the Official Gazette of 27 July 2012, modifies...

Argentine Senate approves the TIEA signed between Argentina and Uruguay

August 24, 2012

On August 21, 2012, the Argentine Senate approved legislation relating to the tax information exchange agreement (TIEA) signed between Argentina...

TIEA between Canada and Costa Rica entered into force

August 23, 2012

The tax information exchange agreement (TIEA) signed between Canada and Costa Rica on August 11, 2011, entered into force on...

Ukraine’s Cabinet approves the signing of a DTA with Ireland

August 22, 2012

On August 15, 2012, Ukraine’s Cabinet approved the signing of a double taxation agreement (DTA) between Ukraine and Ireland.

DTAs between Portugal, East Timor and Panama ratified by Portugal

August 15, 2012

According to Portugal’s Official Gazette, the double taxation agreements (DTAs) signed between Portugal and East Timor, and Portugal and Panama...

UK: Google under Fire for UK Tax liability

August 14, 2012

It has been published on 14 August 2012 that Google bosses could be hauled before the UK parliament to answer...

Thailand to Keep VAT at 7%

August 10, 2012

It has been published on 10 August 2012 that Thailand’s government has decided to postpone the planned increase in the...

Italy achieves increased tax revenues in first half 2012

August 9, 2012

Following the tax increases which formed the major part of recent packages intended to reduce Italy’s fiscal deficit, it was...

Bulgaria approves draft DTA initialled with Switzerland

August 8, 2012

On July 25, 2012, the government of Bulgaria approved the draft double taxation agreement (DTA) initialled between Bulgaria and Switzerland...

Spain ratifies the pending DTA and accompanying Protocol with Germany

August 8, 2012

Spain on July 30, 2012, published an Order in its Official Gazette ratifying the pending double taxation agreement (DTA) and...

Philippines pushes for increased 2013 revenue with no new taxes

August 8, 2012

As President Benigno Aquino’s government abides by his original promise not to introduce any new taxes in the first three...

DTA between Germany and Turkey enters into force

August 7, 2012

The Turkish Ministry of Foreign Affairs has announced that the double taxation agreement (DTA) signed between Germany and Turkey on...

Vietnam Clarifies Tax Reductions for SMEs

August 6, 2012

On 6 August 2012 it was published that, in a decree to take effect on September 20, 2012, the Vietnamese...

South Korea Plans to Raise Minimum Corporate Tax Rate

August 2, 2012

On 2 August 2012 it was reported that, following a policy meeting between the South Korean government and the ruling...

Philippines Urged To Abolish Common Carrier Tax

August 2, 2012

The Board of Airlines Representatives is urging the Philippines to abolish, as soon as possible, the common carrier’s tax (CCT)...