Posts by admin

EU: Progress on tax on digital companies

October 14, 2018

The head of tax for the European Commission has said in an interview on 10 October 2018 that details of...

UK: Amendments to tax treaty with Serbia

October 13, 2018

The UK-Serbia bilateral tax treaty has been updated as a result of changes made under the OECD’s multilateral instrument (MLI)...

UK: Revisions to double tax agreement with Slovenia

October 12, 2018

The UK’s bilateral double tax treaty with Slovenia has been updated as a result of changes made under the OECD’s...

OECD releases 2017 global mutual agreement procedure statistics

October 11, 2018

On 10 October 2018 the OECD released the mutual agreement procedure (MAP) statistics for 2017. Under Action 14 of the...

IMF report considers the fiscal position of Japan

October 11, 2018

On 4 October 2018 the IMF released a report following the conclusion of talks with Japan under Article IV of...

Kazakhstan: tax amnesty for small business

October 10, 2018

On 5 October 2018 a tax amnesty was announced for small and medium enterprises (SMEs). The amnesty is expected to...

Norway: Finance Minister presents National Budget 2019

October 10, 2018

The Minister of Finance, Siv Jensen, presented the draft National Budget 2019 on October 8, 2018 to the Parliament. The...

Nigeria: FIRS issues public notice regarding deadline set for TP documentation

October 7, 2018

The Federal Inland Revenue Service (FIRS) has previously released the Income Tax (Transfer Pricing) Regulations, 2018, which replaced the Income...

IMF report comments on the economy of the United Arab Emirates

October 3, 2018

On 30 September 2018 the IMF published a report following consultations with the United Arab Emirates under Article IV of...

IMF report comments on the economy of Kazakhstan

September 30, 2018

On 16 September 2018 the IMF published on its website a report following consultations with Kazakhstan under Article IV of...

Qatar: MoF implements new CbC requirements through Decision No. 21 of 2018

September 30, 2018

The Ministry of Finance published a Decision No. 21 of 2018 on September 9, 2018 in the Official Gazette. This...

UK: Statistics on Uptake of Patent Box Relief

September 28, 2018

From 1 April 2013 the UK phased in Patent Box legislation that allows companies to apply a lower rate of...

UK: Date of autumn budget 2018 announced

September 27, 2018

The UK has announced that the autumn budget proposals will be announced on 29 October 2018. The date is earlier...

Nigeria: FIRS publishes a public notice regarding CbC Regulations

September 23, 2018

The Federal Inland Revenue Service (FIRS) issued a public notice on September 17, 2018. This notice provides alert that income...

IMF report looks at Chile’s economy and tax reforms

September 22, 2018

On 20 September 2018 the IMF issued a report on the economic position of Chile following consultations under Article IV...

EU: Tax Rulings Issued by Luxembourg were not State Aid

September 21, 2018

On 19 September 2018 the European Commission determined that the non-taxation of certain profits arising to McDonald’s Europe Franchising in...

OECD: Effective Carbon Rates 2018

September 20, 2018

On 18 September 2018 the OECD issued the publication Effective Carbon Rates 2018: Pricing Carbon Emissions through Taxes and Emissions...

OECD: Comments published on discussion draft on transfer pricing for financial transactions

September 20, 2018

On 18 September 2018 the OECD published comments received on its discussion draft on financial transactions in relation to BEPS...