Posts by admin

Greece: Draft bill on electronic payments has been submitted

December 16, 2016

A draft bill regarding electronic payments has been presented to the parliament on 12th December 2016. The term “electronic payments”...

Taiwan: Proposes revisions to the VAT

December 16, 2016

Ministry of Finance proposed revisions to the value added tax (VAT) provisions and to make foreign e-commerce enterprises outside Taiwan...

Brazil: Amendments to tax on services

December 16, 2016

The Senate approved changes to Complementary Law 116/2003 major tax on services on 14 December 2016. The modifications need to...

Bulgaria: Amendments to Excise Duties and Tax Warehouses Act gazetted

December 16, 2016

The amendments to the Excise Duties and Tax Warehouses Act (EDTWA) have been gazetted on 6th December 2016. An overview...

Poland: Parliament approves bill to simplified flat tax

December 16, 2016

The parliament approved a draft law which intends at facilitating for business in Poland on 16 December 2016. Along with...

DTA between Venezuela and Saudi Arabia entered into force

December 16, 2016

An Income Tax Treaty (2015) between Saudi Arabia and Venezuela has been entered into force on 1st December 2016 for...

Jersey: Country-by-country reporting announced

December 16, 2016

The Taxation Regulation 2016 of Jersey regarding Country-by-country reporting has been made on 14th December 2016 and the regulations will...

Jersey: Budget for 2017 has been approved

December 16, 2016

The budget for the year 2017 has been approved by the States Assembly or the parliament of Jersey on 14th...

Portugal-Parliament approved Budget for 2017

December 15, 2016

The parliament of Portugal approved the Budget for 2017 on 29 November 2016. The approved Budget introduces a new sugar tax...

Nigeria: Budget 2017 has been presented to the parliament

December 15, 2016

The President of Nigeria has presented the budget 2017 on 14th December 2016 to a joint session of the National...

OECD: New documents released on country by country reporting

December 14, 2016

On 5 December 2016 the Inclusive Framework, set up to enhance cooperation between countries, released two new documents in relation...

OECD finalizes text of multilateral instrument to implement treaty-related BEPS measures

December 14, 2016

On 24 November 2016 the OECD announced that negotiations have been completed by more than a hundred countries on the...

France-CbC reporting requirements conflicting to constitution

December 14, 2016

The Constitutional Court provided its decision on 8 December 2016 regarding the compatibility with the constitution of the public country-by-country...

Georgia-Amendments to Tax Code submitted to parliament

December 14, 2016

The government of Georgia submitted a draft law to the parliament introducing certain amendments to the current Tax Code on...

France-Administrative guidance published on withholding tax exemption on dividends paid to foreign investment funds

December 14, 2016

The Tax Administration of France revised the guidelines on the withholding tax exemption regime applicable to dividends paid to foreign...

Mozambique: Budget 2017 has been presented to parliament

December 14, 2016

The Economic and Social Plan and the 2017 Budget has been submitted to the parliament on 6th December 2016 for...

Azerbaijan-Budget Bill for 2017 submitted to parliament

December 14, 2016

Azerbaijan’s Budget Bill for 2017 had been submitted to the parliament on 15 November 2015. The Bill specifies various measures...

Bolivia: Amendments to tax code regulations

December 14, 2016

Decree 2993 released by the President in the Official Gazette on 29 November and the Decree amends the Tax Code...