Argentina: Validity period for 75% excise tax rate on cigarettes extended
According to Executive Branch's Decree 626/2016 and under article 15 of amended Law 24,674, the excise tax rate on cigarettes has been changed from 60% to 75%. Again, new Executive Branch's Decree 15/2017 regarding excise tax on cigarettes has been
See MorePuerto Rico issued guidelines on electronic filing requirements
The Treasury Department issued guidelines regarding electronic filing requirements on 13th January 2017.This filing requirements related to the employee withholding statements for the tax year (2016). According to the guidelines, a new digital form
See MoreDTA protocol between Brazil and Canada confirm WHT rate on technical services
A Private Ruling 5/2017 (Solução de Consulta 5/2017) has been published in the Official Gazette on 18th January 2016. This ruling confirms that payments made by Brazilian sources to individual or companies resident in Canada for technical
See MoreUAE ratified TIEA with Norway
The tax information exchange agreement (TIEA) between Norway and the United Arab Emirates has been ratified by the United Arab Emirates on 15 January 2017 according to the Decree No.
See MoreUAE ratified TIEA with Iceland
The tax information exchange agreement (TIEA) between Iceland and the United Arab Emirates has been ratified by the United Arab Emirates on 15 January 2017 according to the Decree No. 223/2016.This TIEA was signed on 12 April
See MoreItaly-annual VAT return form published
The Italian tax authority published the new annual VAT return for the 2016 financial year on 16 January 2017. The form can be found along with the instructions on the ITA
See MoreSocial security agreement between Bulgaria and Tunisia approves
The Social Security Agreement of 2015 between Bulgaria and Tunisia has been approved on 17th January 2017 by the Tunisian National
See MoreDTA between UAE and UK entered into force
The Income Tax Agreement between the United Arab Emirates (UAE) and the United Kingdom (UK) has been come into force on 25th December 2016 for avoiding double taxation and it was signed on 12th April 2016. In accordance with article 26, the
See MoreMoldova and Turkey: Social Security Agreement initialed
In accordance with a press release published by the Moldovan Ministry, a Social Security Agreement between Moldova and Turkey has been initialed in Chisinau. This treaty has expected to be signed later this
See MoreMexico: Miscellaneous Tax Resolution (Annex 16) for 2017 published
Annex 16 to the Miscellaneous Tax Resolution for 2017 has been published in the Official Gazette on 16th January 2017. This Resolution contains the guidelines to complete and present the Statutory Tax Audit Report of
See MoreUS: FATCA agreement signed with Greece
An intergovernmental agreement between Greece and the United States was signed on 19th January 2017 to improve international tax compliance with respect to the US Foreign Account Tax Compliance Act
See MorePuerto Rico proposes transfer pricing rules
The Department of Treasury has released proposed regulations on 19 November 2016 regarding section 1040.09 of the Puerto Rico Internal Revenue Code of 2011. The proposal highlights US transfer pricing rules and guidelines from the Organization for
See MoreMexico: Miscellaneous Tax Resolution (Annex 15) for 2017 published
Annex 15 to the Miscellaneous Tax Resolution for 2017 has been published in the Official Gazette on 12th January 2017 regarding new automobile tax tariffs for
See MoreDTA between Poland and Taiwan ratified
The Income Tax Agreement of 2016 between Poland and Taiwan has been ratified through Law No. 2244 by Poland on 15th December 2016 and published in the Official Journal on 29th December 2016.This treaty applies for avoiding double
See MoreOECD invites comments on interaction between treaty-related BEPS provisions and treaty entitlement of non-CIV funds
A collective investment vehicle (CIV) is an arrangement that permits investors to pool their money and to purchase investments from that pooled fund rather than buying the investments directly as individuals. The report on Action 6 of the project on
See MoreSingapore: Detailed guidance on MAP for DTAs
The Inland Revenue Authority of Singapore introduced new guidance on the mutual agreement procedure (MAP) on 12 January 2017. The guidance has provided detail procedures for the MAP. According to new guidance, the MAP will be available to those
See MoreItaly-Senate approves Income Tax Treaty with Barbados
The Income Tax Treaty between Italy and Barbados was approved by the Italian Senate on 12 January 2017. The treaty was signed on 24 August
See MoreUAE: DTA signed with Paraguay
An Income Tax Treaty between United Arab Emirates (UAE) and Paraguay was signed on 16th January 2017 in Abu Dhabi for avoiding double
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