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Bulgaria: Amendments to Corporate Income Tax Act has been published

December 8, 2016

The amendments to the Corporate Income Tax (CIT) Act has been published in the State Gazette on 6th December 2016....

Mexico: Amendments to Hydrocarbons Revenue Law

December 8, 2016

The Decree amending the Hydrocarbons Revenue Law was released in the Official Gazette on 7 December 2016 and the amendments...

Bulgaria: Amendments to Local Taxes and Duties Act gazetted

December 8, 2016

The amendments to the Local Taxes and Excise Duties Act have been gazetted on 6th December 2016 in the Official...

Norway: Updates the White and black lists

December 7, 2016

The updated lists of white and blacklisted jurisdictions released in the Official Gazette on 1 November 2016. A white list...

Taiwan: Debentures and corporate bonds exemption extends

December 7, 2016

The Legislative permitted the modification of securities transaction taxation, extending the exemption for further 10 years, which means that the...

Iceland: Ministry of Finance presents the fiscal budget proposal for 2017

December 7, 2016

The Ministry of Finance presented the fiscal budget proposal to the Parliament on 6 December 2016, regarding to the fiscal...

Kazakhstan: Law introducing tax amendments signed by president

December 6, 2016

The President of Kazakhstan has signed a Law entitled “Law No. 26-VI” on 30th November 2016 that introduces changes to...

Argentina: Amendments and clarification in tax amnesty regime

December 6, 2016

A Decree 1,206/2016 was published in the Official Gazette of 30th November 2016 and effective from 1st December 2016. This...

DTA between Argentina and Mexico approved

December 6, 2016

The draft law that ratifies the Income and Capital Tax Treaty (2015) between Argentina and Mexico has been approved by...

Norway: Country-by-country reporting under BEPS Action 13

December 6, 2016

Finance Minister of Norway published a regulation on country-by-country reporting legislation based on proposal under Action 13 of the BEPS...

Transfer Pricing Brief: November 2016

December 5, 2016

Malaysia: Penalty for non-compliance of CbC reporting: The fiscal Budget for 2016 has proposed a penalty between MYR 20,000–100,000 or...

Brazil: Publishes proposed Country-by-Country reporting rules

December 5, 2016

The Brazilian Federal Revenue Agency on 4 November 2016, published a proposed Normative Instruction to establish country-by-country reporting (CbCR) rules...

DTA between Morocco and Nigeria initialed

December 5, 2016

A tax treaty between Morocco and Nigeria has been initialed on 2nd December 2016 in Abuja due to avoid of...

Turkey: General Communiqué No. 4 on tax amnesty published

December 2, 2016

General Communiqué No. 4 regarding Law No. 6736 on the tax amnesty was published in the Official Gazette and entered...

PGA Highlights: November 2016

December 1, 2016

In the United States the following events have taken place under the several PGA during the month of November 2016....

DTA between Canada and Madagascar signed

December 1, 2016

The Income Tax Treaty (2016) between Canada and Madagascar has been signed on 24th November 2016 in Antananarivo.

DTA between Austria and Israel signed

December 1, 2016

A new Tax Treaty between Austria and Israel has been signed on 28th November 2016. Once in force and effective,...

Greece: Draft law on company establishment under electronic one-stop-shop procedure adopted

December 1, 2016

The draft law regarding the establishment of a company on the basis of the electronic one-stop-shop procedure was adopted by...