Posts by admin

Kazakhstan: List of priority business activities to be performed within SEZs

February 5, 2017

The Government Resolution No. 10 has been published on 24th January 2017 regarding priority business activities within Special Economic Zones...

Canada: Special insurance premium taxes charged

February 5, 2017

The federal government and some province governments of Canada charge a tax regarding insurance premiums. Due to risks in the...

TIEA between Singapore and Iceland enters into force

February 4, 2017

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

TIEA between Singapore and Norway enters into force

February 4, 2017

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

Singapore: IRS publishes Transfer pricing guidelines 2017

February 2, 2017

The Inland Revenue Authority of Singapore published the 4th version of transfer pricing guidelines on 12 January 2017, demonstrating compliance...

Argentina: New extension regarding VAT refunds rejects

February 2, 2017

A new extension of the VAT refund for purchases paid with debit cards has been rejected by the Executive Power...

Argentina: Resolution 3,982.E regarding Simplified System published

February 2, 2017

The General Resolution 3,982.E has been published in the official bulletin of 6th January 2017 and came into force on...

Saudi Arabia: new system to pay Tax and Zakat postponed by one year

February 2, 2017

As previously reported, the General Authority of Saudi Arabia issued Circular Number 6768/16/1438 on 4 December 2016, according to which...

Saudi Arabia: Adoption of GCC VAT framework announced

February 2, 2017

The Shura Council of Saudi Arabia announced the approval of the Gulf Cooperation Council (GCC) Value Added Tax (VAT) Framework...

PGA Highlights: January 2017

February 1, 2017

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

Denmark: Publishes new guidelines on TP documentation

January 31, 2017

The Minister of Taxation issued order BEK no. 401 and 402 regarding transfer pricing documentation. The new documentation guidelines BEK...

Canada: Trump Import Tariffs impact

January 31, 2017

The US President gave warning of raised import tariffs on Mexican exports to the United States. He also made an...

Nigeria: FIRS issues new TP declaration and disclosure forms

January 30, 2017

The Federal Inland Revenue Service (FIRS) of Nigeria published new transfer pricing (TP) forms (TP Declaration Form and TP Disclosure...

Tunisia-Morocco: Social Security Agreement approves

January 29, 2017

The Social Security Agreement of 2015 between Tunisia and Morocco has been approved on 17th January 2017 by the Tunisian National...

Chile and Korea (Rep.): Social Security Agreement enters into force

January 29, 2017

The Social Security Agreement of 2015 between Chile and Korea (Rep.) has to be entered into force on 1st February...

Kenya: Government has banned the exportation of maize

January 28, 2017

The Kenya Revenue Authority has been issued a public notice on 26 January 2017 to inform all exporters, customs agents...

Mexico provides guidance on electronic receipts

January 27, 2017

The tax administration (Servicio de Administración Tributaria) of Mexico has been issued guidance regarding tax matters in January 2017. The...

Italy-the protocol to treaty with Philippines approved

January 26, 2017

The protocol to the Income Tax Treaty between Italy and Philippines of 1980 was approved by the Italian government on...