Posts by admin

OECD: Inclusive Framework issues further guidance on CbC reporting

September 18, 2018

On 13 September 2018 the OECD’s Inclusive Framework released additional interpretative guidance in relation to Country-by-Country (CbC) reporting under Action...

Israel and Lithuania both complete ratification of BEPS MLI

September 18, 2018

Israel and Lithuania have ratified a multilateral convention to implement tax treaty related measures to prevent BEPS (MLI). This means...

IMF report looks at UK economy

September 17, 2018

On 17 September 2018 the IMF issued a report following discussions with the UK under Article IV of the IMF’s...

OECD: Tax Policy Reforms 2018

September 15, 2018

On 14 September 2018 the OECD issued Tax Policy Reforms 2018, summarizing the tax policy reforms carried out in the...

IMF Comments on Austria’s Fiscal Position

September 13, 2018

On 12 September 2018 the IMF issued a report following the conclusion of consultations in Austria under Article IV of...

IMF Report Comments on Russia’s Economy

September 13, 2018

On 12 September 2018 the IMF published a report following consultations in Russia under Article IV of the IMF’s articles...

Kazakhstan: Resolution No. 528 of 27 August 2018 publishes for amending APA process

September 13, 2018

According to Resolution No 528 of 27 August 2018 published on 6 September 2018, the review committee must complete its...

Bulgaria: Consultation on draft Law for implementing EU ATAD

September 13, 2018

The Finance Ministry is consulting on draft legislation for the execution of certain measures of the EU Anti-Tax Avoidance Directive...

IMF report looks at fiscal policy in Latvia

September 11, 2018

On 6 September 2018 the IMF issued a report following the conclusion of discussions with Latvia under Article IV of...

Turkey: Finance and Treasury Ministry increases interest rates for late payment tax

September 10, 2018

The Ministry of Finance and Treasury published a Decree No. 62 on September 5, 2018, in the Official Gazette. This...

Greece: Prime Minister announces some amendments in tax legislation

September 10, 2018

The Prime Minister, Alexis Tsipras, announced on September 8, 2018, plans for tax cuts and pledged spending to heal years...

Israel: Tax Authority publishes Circulars regarding transfer pricing issues

September 10, 2018

The tax authorities (ITA) have recently published final versions of two professional Circulars, entitled Circular 11/2018 and Circular 12/2018, stating...

UK: Proposed Cut to National Insurance Contributions Scrapped

September 7, 2018

On 6 September 2018 the UK government announced that the planned abolition of Class 2 national insurance contributions would no...

US: Appeal Court Overturns Altera decision on stock based compensation in CSAs

September 6, 2018

On 24 July 2018 the US Court of Appeals overturned the decision of the Tax Court in the case of...

US: Appeal Court Rules in Favour of IRS in Medtronic Case

September 6, 2018

On 16 August 2018 a US federal appeals court vacated and remanded a 2016 decision by the Tax Court in...

OECD: Tax Policy Review of Slovenia

September 4, 2018

The OECD’s Tax Policy Review for Slovenia was issued on 3 September 2018. The OECD review considers that Slovenia must...

United States: ADD/CVD Roundup for September 2018

September 4, 2018

Following table shows the Federal Register notices related to ADD/CVD cases for August 2018 in United States. Country Product Investigations...

ASEAN Continues Negotiations on Regional Economic Partnership

September 3, 2018

The Association of South East Asian Nations (ASEAN) is looking for stronger economic cooperation with China, Japan and South Korea....