Posts by admin

Azerbaijan -New customs duty on export of copper products

February 7, 2017

In Azerbaijan, the Decree No. 2 of Cabinet of Ministers  of 10 January 2017 was published in the Official Gazette (Khalgh...

Greece: Road tax clarifications issued

February 7, 2017

The Public Revenue Authority has been released a Circular 1014/2017 on 26th January 2017 regarding road tax.  It states that...

Philippines presents revised tax reform package

February 7, 2017

The Chairman of the House Committee has proposed revised tax reform package on 17 January 2017. This tax reform package...

Taiwan revised the tax collection law

February 7, 2017

Taiwan is scheduling to modify its tax collection law to accommodate the exchange of tax information with other countries or...

Switzerland clarifies procedure for recovery of interest paid

February 7, 2017

The Federal Finance Department has explained the refund procedure regarding the recovery of interest paid for late reporting of intra-group...

Mozambique: Parliament approves new VAT Code

February 6, 2017

Some modifications have been occurred to the Value Added Tax (VAT) Code by using Law No. 13/2016 and those changes...

Canada: Carbon levy has been implemented in Alberta

February 6, 2017

The Alberta has executed the Climate Leadership Act along with associated regulations that forces to pay a carbon levy on...

Turkey: General Communiqué No. 10 on VAT Law gazetted

February 6, 2017

The General Communiqué No. 10 regarding Value Added Tax Law (Law No. 3065) was published on 3rd February 2017 in...

Brazil published special programme for payment of federal tax debts

February 6, 2017

Normative Instruction 1,697/2017 published in the Official Gazette on 1 February 2017 regarding special programme for the payment of federal...

Transfer Pricing Brief: January 2017

February 5, 2017

Azerbaijan: Transfer pricing rules: Law No. 454-VQD of 16 December 2016 establishes new transfer pricing (TP) rules for certain transactions....

DTA between Morocco and South Sudan signed

February 5, 2017

An Income Tax Agreement between Morocco and South Sudan has been signed on 1st February 2017 in Juba for avoiding...

Chile: Tax treatment of bonds issued

February 5, 2017

The Finance Ministry has announced the adjustments declared by Law 20,956 on 30th January 2017 to the tax treatment of...

Canada: Probable changes expected in federal budget 2017

February 5, 2017

The Federal Budget 2017 will have been delivered by the Ministry of Finance of Canada soon. Till now the detailed...

Bahrain-GCC: VAT Framework Agreement signed by Bahraini Finance Minister

February 5, 2017

The Gulf Cooperation Council (GCC) VAT Framework Agreement has been signed by the Bahraini Finance Minister on 1st February 2017....

Turkey: VAT rates and stamp duty on certain goods amended

February 5, 2017

The Decree No. 2017/9759 for amending the tax rates of the special consumption tax (SCT), VAT and stamp duty on...

Bahrain-GCC: Excise Taxes Framework Agreement signed by Bahraini Finance Minister

February 5, 2017

The Gulf Cooperation Council (GCC) Excise Taxes Framework Agreement has been signed by the Bahraini Finance Minister on 1st February...

TIEA between Singapore and Netherlands enters into force

February 5, 2017

Competent authority agreement on automatic exchange of information (TIEA) of 2016 between Netherlands and Singapore has been entered into force...

Brazil publishes capital gains on exchange of shares

February 5, 2017

Private Ruling 88/2017, released in the Official Gazette on 31 January 2017 regarding the tax treatment of exchange of shares...