Posts by admin

Australia: Detail tax incentives for infrastructure projects

October 26, 2011

The government of Australia proposed some incentives through its infrastructure projects to cover the tax loss and promote the private...

Philippines : Urge for tax exemptions by the foreign airlines

October 26, 2011

Foreign airlines are forcing the Philippines’ Department of Finance to reduce the 2.5% Gross Philippine Billings Tax (GPBT) and the...

Brazil: Auto Tax is Suspended by Court

October 24, 2011

It has been published on 24 October 2011 that the tax hike proposed by the Brazilian government on the manufacture...

TIEA Enters Into Force between Japan and Cayman Islands

October 20, 2011

The comprehensive tax information exchange agreement (TIEA) between Japan and the Cayman Islands will come into force on November 13,...

Hungary: Focusing to Phase Out ‘Crisis Taxes’ in 2012 Budget

October 19, 2011

Focusing on the provisions for a gradual phasing out of the crisis taxes levied on the country’s telecommunications, energy and...

DTA between India and Philippines is under revision

October 18, 2011

There are on-going negotiations for a revision of the existing double taxation agreement (DTA) between India and the Philippines. The...

Australia: New tax working group has been announced

October 17, 2011

A new tax working group has been announced in Australia to look at reforms that could increase productivity and deliver...

Norway : Budget Proposals of 2012 has been unveiled

October 13, 2011

To support a stable economy containing the Norwegian government has recently unveiled details of its 2012 fiscal budget. According to...

Mexico: Extension of the tax break for Export Companies

October 13, 2011

To provide incentives to the country’s export companies the President of Mexico has announced extension of the corporate tax break...

Tax deal signed between Switzerland and UK

October 10, 2011

A landmark tax agreement concerning the taxation of UK investors’ income in Switzerland has been signed in London recently. The...

Canada: Budget to be implemented for 2011

October 5, 2011

A motion to implement Budget 2011 has been tabled on October 3, 2011, by the Canadian Minister for Finance. The...

DTA between Austria and Slovenia

September 30, 2011

Aiming to further strengthen economic relations with Slovenia, Austria’s Financial State Secretary Andreas Schieder recently signed a revised bilateral double...

Tax Treaty Amended between Mexico and Singapore

September 29, 2011

Amendments in the Mexico-Singapore Tax Treaty has been approved by the Mexican Senate and published in the Federal Official Gazette....

Tax and Financial Agreements between Russia and Switzerland

September 28, 2011

A memorandum on bilateral cooperation between the two countries, Russia and Switzerland, has been signed on financial matters. It was...

Sweden: 2012 Budget declared

September 26, 2011

The Swedish government has declared the details of its 2012 budget.  According to it several fiscal measures are taken to...

Corporate Tax Cut in Thailand

September 23, 2011

To cope with the higher costs arising from its policy of increasing the country’s national daily minimum wage the new...

Ruling on Taxes within DTAs Provided in South Africa

September 20, 2011

The Legal and Policy Division of the South African Revenue Service (SARS) has issued a Binding General Ruling (BGR) on...

An attempt of rapprochement on tax between Italy and Switzerland

September 19, 2011

To unblock the stalled negotiations for a double taxation agreement (DTA) between Italy and Switzerland, an attempt has been made,...