Posts by admin

Turkey: Bilateral APA signed

January 6, 2017

The Revenue Administration stated on 30th December 2016 that it had signed a new bilateral advance pricing agreement and this agreement...

Transfer Pricing Brief: December 2016

January 5, 2017

Norway: BEPS related compliance General rule for Country by Country (CbC) reporting: Norway has introduced Country-by-Country (CbC) reporting requirement for...

Mexico issued transfer pricing adjustment rule

January 5, 2017

Mexican tax authorities has been issued rule 3.9.1 of the Miscellaneous Rule on 8 December 2016 regarding transfer pricing adjustments.The...

Canada: Final legislation on implementation of CbC reporting requirements

January 5, 2017

Bill C-29 was passed by the House of Commons on 15th December 2016. The Bill provides the final legislation to implement country-by-country...

Montenegro: Mandatory electronic filing

January 5, 2017

The Corporate Income Tax Law has been amended to oblige taxpayers to submit their annual tax declaration and tax returns...

Korea- proposed changes to the country-by-country reporting requirements

January 5, 2017

The Ministry of Strategy and Finance of South Korea published a proposal for detailed procedures of the country -by country...

Poland issues Decree on mortgage loan limit for 2017

January 5, 2017

Polish Monitor (M.P. no 2016.1245), issued Decree of the Minister of Finance on 16 December 2016. According to the decree...

Netherlands: Upper house adopts tax plan for 2017

January 5, 2017

The upper house of the parliament has approved the tax plan 2017 on 20 December 2016.

Poland: Amendments regarding TP documentation come into effect

January 5, 2017

Corporate Income Tax Law amendments gazetted in the Official Journal 1932/2015 regarding transfer pricing (TP) reporting obligations in line with...

France –Published Finance Law for 2017

January 4, 2017

In France, the Financial Law 2017 had been published under Law No 2016-1917 on 30 December 2016. On 29 December...

Income tax treaty between Azerbaijan and Sweden enters into force

January 4, 2017

The income tax treaty between Azerbaijan and Sweden entered into force on 31 December 2016. The convention was signed on...

Iceland: Ministry of Finance publishes regulation on country-by-country reporting

January 4, 2017

The Ministry of Finance and the Economy published Regulation No. 1166/2016 on the submission of country-by-country reports (CbC) on 22...

Argentina: DTA with Mexico expected to enter into force

January 4, 2017

The Income Tax Treaty of 2015 between Argentina and Mexico was expected to enter into force on 23 August 2017,...

Argentina: DTA between Argentina and Mexico ratified

January 4, 2017

The Income and Capital Tax Treaty (2015) between Argentina and Mexico was ratified by Argentina on 23rd November 2016 by way...

DTA between Kazakhstan and Slovenia ratified

January 4, 2017

The President of Kazakhstan has signed the Income and Capital Tax Treaty (2016) between Kazakhstan and Slovenia on 30th December 2016 for avoiding...

Chile: CbC reporting implemented

January 4, 2017

The Tax Authority of Chile published Resolution 126 on 27th December 2016 to implement country-by-country (CbC) reporting. It requires specific taxpayers to submit...

MFN clause of the protocol to the Income and Capital Tax Treaty between France and India of 1992 activated

January 2, 2017

The most-favored-benefit clause of the Income and Capital Tax Agreement between France and India of 1992 was activated. As a...

MFN clause of the protocol to the Income and Capital Tax Treaty between France and Estonia of 1997 activated

January 2, 2017

The Income and Capital Tax Treaty of 2014 between Estonia and Luxembourg activated the MFN clause of the protocol to...