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Switzerland: Partial Revision of the VAT Act adopted by Parliament

June 4, 2017

The Swiss Federal Department of Finance announced that during its meeting on 2 June 2017, it decided that the partial...

United States: ADD/CVD Roundup for May 2017

June 4, 2017

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

PGA Highlights: May 2017

June 4, 2017

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

Morocco: The House of Councilors approves the Finance Bill 2017

June 3, 2017

On June 1, 2017, the House of Councilors approved the Finance Bill 2017 in a plenary session devoted to the...

Switzerland: Steering committee adopts revised corporate tax reform proposal

June 3, 2017

The steering committee incorporate of federal and cantonal representatives has adopted recommendations on a balanced corporate tax reform proposal III...

Greece: Reform Law 4472/2017 published

June 2, 2017

The Government published Law 4472 on 19th of May 2017 in the Official Gazette. It includes several reform measures concerning...

DTA between Philippines and Bahrain approves

June 2, 2017

The Council of Ministers of Bahrain approved the amending protocol of Double Taxation Agreement (DTA) with Philippines on 22 May...

Switzerland and Kosovo sign double taxation agreement

June 1, 2017

Switzerland and Kosovo signed a Double Taxation Agreement (DTA) in the area of taxes on income and capital on 26...

Saudi Arabia: Excise Tax Law officially published in the local Gazette

May 31, 2017

The Saudi Arabian Cabinet approved the Excise Tax Law on 2 May 2017 after also approving the GCC framework agreement...

Saudi Arabia: Tax rates changed for oil producers, hydrocarbons

May 28, 2017

The Government of Saudi Arabia has set a range of income tax rates for producers of oil and hydrocarbons, through...

Saudi Arabia: Penalties announced for non-compliance with the VAT Law

May 28, 2017

The new VAT law will be implemented in Saudi Arabia by 1 January 2018. In the meantime, the General Authority...

Brazil: Additional guidance on CbC reporting rules issued

May 27, 2017

Normative Ruling 1,709/2017 of 25 May 2017 amended the 2016 normative ruling that introduced the country-by-country (CbC) reporting obligation in...

Israel: Status updates of automatic exchange of country-by-country (CbC) reports

May 27, 2017

The Israel Tax Authority declared the signing of a multilateral agreement for the automatic exchange of country-by-country (CbC) reports and...

Poland publishes draft amendment to R&D tax relief

May 26, 2017

The Ministry of Science and Higher Education has published an amended draft bill regarding the R&D tax relief. The bill...

Morocco approves the amending DTA protocol with Bahrain

May 26, 2017

The Council of government of Morocco approved the amending protocol of Double Taxation Agreement (DTA) on 25th of May 2017...

France: CJEU rules on 3% contribution on distributed profits

May 26, 2017

In France, companies subject to Corporate Income Tax (CIT) are required to pay an additional CIT contribution of 3% on...

Netherlands: Amendments to dividend withholding tax rule

May 25, 2017

On May 16, 2017, the Dutch government released a public consultation for the previously announced legislative proposals regarding changes to...

Iceland issues revised bill for the CbCR

May 25, 2017

Regulation no. 1166/2016 on the documentation for CbCR (Country-by-Country Reporting) has been further revised by regulation no. 245/2017 on 24...