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IMF report comments on Nicaragua’s fiscal position

June 29, 2017

On 22 June 2017 the Executive Board of the IMF concluded consultations with Nicaragua under Article IV of the IMF’s...

OECD: Meeting of Inclusive Framework on BEPS

June 29, 2017

On 22 June 2017 the third meeting of the inclusive framework on base erosion and profit shifting (BEPS) took place...

Moldova authorizes to sign a DTA with UAE

June 29, 2017

Moldova authorized to sign a Double Taxation Agreement (DTA) on 28 June 2017 with United Arab Emirates (UAE) for the...

Platform for Collaboration on Tax issues toolkit on comparables

June 28, 2017

On 22 June 2017 the Platform for Collaboration on Tax (PCT) published a toolkit with guidance for developing countries on...

OECD: Revised guidance on profit splits

June 28, 2017

A discussion draft issued by the OECD on 22 June 2017 contains revised guidance on profit splits. This guidance is...

OECD: discussion draft sets out additional guidance on attribution of profits to PEs

June 27, 2017

On 22 June 2017 the OECD issued a new discussion draft with guidance on attribution of profits to permanent establishments...

Thailand Joins the Inclusive Framework on BEPS

June 26, 2017

Thailand has become the 98th jurisdiction to join the Inclusive Framework (IF) on BEPS and will participate at the next...

Brazil publishes private ruling on royalty and technical service payments

June 25, 2017

Brazil has published Private Ruling 316 of 20 June 2017 on royalty and technical service payments and payments for services...

Qatar authorizes to sign a DTA with Argentina

June 25, 2017

The cabinet of Qatar authorized to sign a Double Taxation Agreement (DTA) with Argentina on 21 June 2017 for the...

Tanzania: 2017 Budget effective from July 1, 2017

June 21, 2017

The Minister for Finance and Planning (MoFP) on 8 June 2017, issued to the National Assembly the estimates of government...

Hungary: Parliament approved Budget Bill for 2017/18

June 20, 2017

The Hungarian Minister of Economy presented the Budget Bill to the Parliament on 2 May 2017 which was approved on...

Singapore: financial sector incentive (FSI) revised

June 18, 2017

The Monetary Authority of Singapore revised the financial sector incentive (FSI) schemes for improving the financial intermediation and to increase...

Canada: Minister announces consultation on changes to the Voluntary Disclosures Program

June 16, 2017

Although most Canadians pay their tax and expect a responsive and fair tax system, some net high wealth individuals are...

Argentina: Multilateral Convention on BEPS signed

June 15, 2017

Argentina has signed the multilateral instrument on 7 June 2017, aiming to facilitate the implementation of tax related measures to...

Italy: Multilateral Convention on BEPS signed

June 15, 2017

Italy has signed the multilateral instrument on 7 June 2017, aiming to facilitate the implementation of tax related measures to...

France: Implementation of withholding tax postponed for one year

June 15, 2017

The newly elected Prime Minister of France delayed the implementation of withholding tax further by one year, which means this...

Brazil: The Federal Government establishes the Special Tax Regularization Program

June 15, 2017

On 31st May 2017 the Federal Government published Provisional Measure No. 783, which established the Special Tax Regularization Program (PERT)....

Uganda: Budget for 2017/18

June 15, 2017

Finance minister has presented national budget for 2017/18 to Parliament in April 2017. The budget, which is hoped to deliver...