Posts by admin

India: CBDT issues first comprehensive report on APA

May 5, 2017

On May 1, 2017, the first annual report on APA programme was released by the Central Board of Direct Taxes...

Greece: Guidelines for implementing MAP

May 5, 2017

The Public Revenue Authority has presented guidelines via POL 1049/2017 in relation to implementation of the Mutual Agreement Procedure (“MAP”)....

Greece: Guidance for company re-organizations

May 5, 2017

Guidance regarding tax rules through Circular POL 1057/2017 have been issued by the Public Revenue Authority. The guidelines clarify the...

Canada: BEPS update in Federal Budget 2017

May 4, 2017

The Federal Budget 2017 will invest an extra amount of $523.9 million to develop tax compliance, prevent tax evasion and...

Saudi Arabia: GCC VAT Framework Agreement published in the Official Gazette

May 3, 2017

The Gulf Cooperation Council (GCC) Value Added Tax (VAT) Framework Agreement for the Arab States has been published by the...

United States: ADD/CVD Roundup for April 2017

May 3, 2017

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

PGA Highlights: April 2017

May 3, 2017

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

Singapore: Budget for 2017 released

May 2, 2017

The government of Singapore released Budget 2017 on 20 February 2017, for the financial year 1 April 2017 to 31 March...

DTA between Kenya and Korea (Rep.) enters into force

May 2, 2017

The Double Taxation Agreement (DTA) between Kenya and Korea (Rep.) was entered into force for the avoidance of double taxation...

Kazakhstan, Ireland sign the DTA

April 29, 2017

On 26th of April 2017, the Double Taxation Agreement (DTA) between Ireland and Kazakhstan was signed by the Governments of...

Thailand- new tax on e-commerce to be introduced in April 2017

April 28, 2017

The Revenue Department of Thailand is planning to enforce a new law to tax cross-border e-commerce transactions by April 2017....

Czech Republic, Ghana sign DTA

April 28, 2017

On 11th of April 2017, the Double Taxation Agreement (DTA) between Czech Republic and Ghana was signed in Accra. From...

Bulgaria, Pakistan sign avoidance of Double Taxation Agreement

April 28, 2017

On 26th of April 2017, Pakistan and Bulgaria signed an Agreement on Avoidance of Double Taxation (DTA) and prevention of...

Iceland presents fiscal plan for 2018 to 2020

April 28, 2017

The Minister of Finance and Economic Affairs announced fiscal plan for 2018 to 2020 to reduce the standard VAT rate...

Brazil releases withholding tax guidance on the importation of services

April 25, 2017

On 22 March 2017, the Brazilian Federal Revenue Service (RFB) released guidance in SC (Solução de Consulta) no. 153/2017 of 2...

Turkey: Law No. 6824 introduces income tax and VAT relief

April 25, 2017

On 8th March 2017 Law No. 6824 on the restructuring of certain public claims and the amendment of certain laws and...

Czech Republic: MoF issues a paper on anti-tax avoidance rules

April 25, 2017

The Finance Ministry published on its website a discussion paper regarding the implementation of EU Anti-Tax Avoidance Directive on 12th of...

Netherlands: Parliament adopted new Bill on CbC reporting requirement

April 22, 2017

The Dutch lower house of Parliament adopted the Bill No.34651 to implement country-by-country (CbC) reporting on April 18, 2017. The...