Posts by admin

Saudi Arabia- Regulations for implementation of Zakat issued

March 15, 2017

The Tax Authority of Saudi Arabia issued the Regulations for implementation of Zakat under Ministerial Resolution No. 2082 of 28 February...

Canada: Tentative date for federal budget 2017 launched

March 15, 2017

The Finance Canada have dropped a fairly big hint on when Finance Minister will deliver the Liberal government’s sophomore budget....

Greece: Judgment on SOL provision for taxpayer’s refund claim publishes

March 15, 2017

The Council of State/Supreme Administrative Court published its decision (No. 425/2017) related to the statute of limitations (SOL) provision for...

Czech Republic: Tax audits focused on transfer pricing increases

March 15, 2017

The number of tax audits focused on transfer pricing in the Czech Republic and the resulting tax adjustments have increased...

Greece: Draft bill amending Income Tax Code and other provisions submits

March 15, 2017

A draft bill was submitted to the parliament on 8th March 2017. When adopted, the draft bill presents an amendment...

Argentina: DJAS and DAPE systems eliminated

March 14, 2017

The General Resolution No. 4008-E was published on 6th March 2017 in the Argentine Official Gazette. According to that resolution,...

Singapore, Belgium Competent authority agreement on automatic exchange of information signed

March 13, 2017

The Competent Authority Agreement on Automatic Exchange of Information (2017) between Singapore and Belgium was signed on 10 March 2017....

Turkey: Communiqués on Law regarding R&D incentives publishes

March 12, 2017

The General Communiqués (Communiqué Nos. 7 and 8) regarding research and development (R&D) incentives were published on 8th March 2017...

Turkey: Tax amendments gazetted

March 12, 2017

The Law No. 6824 was published in the official gazette on 8th March 2017 that amend a number of laws....

DTA between Qatar and Paraguay initialed

March 12, 2017

An Income Tax Treaty between Qatar and Paraguay has been initialed on 8th March 2017 for avoiding double taxation.

DTA between Qatar and Turkey ratified

March 12, 2017

The Income Tax Treaty of 2016 between Qatar and Turkey has been ratified on 8th March 2017 by Qatar for...

Canada: Guidance about CbC reporting

March 12, 2017

The Canada Revenue Agency (CRA) has released a Guide ‘RC4651’ on 2nd March 2017 regarding Country-By-Country Reporting (CbCR) in Canada,...

Brazil declare targeting plan for tax inspections in 2017

March 11, 2017

The tax authorities declared the aim plan for tax inspections in 2017 on 2nd March 2017. According to the tax...

Taiwan explains deductibility of interest on tax payments and penalties

March 11, 2017

The tax bureau of Gao Xiong of the Ministry of Finance issued a declaration that interest on the recovery of...

Taiwan passes draft amendment to tobacco and alcohol tax law

March 11, 2017

The draft amendment to the tobacco and alcohol tax law has been passed at a joint meeting of the Finance...

UK: Budget proposals for 2017/18

March 10, 2017

The UK budget proposals announced on 8 March 2017 contained a number of tax changes including the following: Making tax...

Poland passes bill on exchange of information in tax matters

March 10, 2017

The lower chamber of the parliament (Sejm) has passed the Bill on 10 February 2017 regarding the Exchange of Information...

Protocol to Income Tax Treaty between Singapore and India enters into force

March 9, 2017

The third protocol amending the India-Singapore Income Tax Treaty of 1994 (as previously amended by the 2005 and 2011 protocols)...