Posts by admin

Tanzania: Deadline verification of taxpayer’s TIN information extends

November 23, 2016

The Tanzania Revenue Authority (TRA) has extended the verification deadline of Tax Identification Numbers (TIN) information for Dar es Salaam...

Greece: Final draft Budget 2017 submitted to parliament

November 23, 2016

The final draft budget for 2017 has been submitted to the parliament by the Deputy Finance Minister on 21st November...

Greece: Amendment to TP documentation rules and APAs

November 21, 2016

A Law naming ‘Law 4410/2016’ has been announced amendments on the Greek Tax Procedure Code, TP Documentation Rules and the...

Netherlands: First notification country-by-country reporting extended

November 21, 2016

The Dutch Secretary of Finance published a Decree1 by which the date for Dutch constituent entities to comply with the...

DTA between Ethiopia and Morocco signed

November 21, 2016

A Tax Treaty between Ethiopia and Morocco has been signed with following a meeting held from 18 to 19 November...

France-amending Finance Bill for 2016

November 20, 2016

The Amending Finance Bill for 2016 (projet de loi de finances rectificative pour 2016, PLFR) (the Bill) was presented by...

Hungary-Government announces reduction of corporate income tax rate

November 20, 2016

The Hungarian Ministry of Economy announced on 17 November 2016, a reduction of corporate income tax rates from 2017. The...

Slovak Republic: Bill on CbC reporting submitted to parliament

November 19, 2016

Slovak Republic has introduced a Bill regarding Country-by-Country Reporting (CbCR) based on the recommendations of the OECD and it was...

Nigeria: Value Added Tax (Amendment) Bill 2015 passed by Senate

November 18, 2016

The amended Value Added Tax (VAT) Bill 2015 has been passed by the National Assembly on 13th October 2016. The...

Nigeria: Companies Income Tax Act (Amendment) Bill 2015 was passed in Senate

November 18, 2016

The amended Companies Income Tax Act bill 2015 has been passed the second reading in the Senate on 16th November...

Turkey: Tax calendar for special taxpayers

November 17, 2016

The tax authority has issued a regulation entitled “Regulation SNAT/2016/0098” and it was published and entered into force on 8th...

Saudi Arabia- new requirements for filing consolidated zakat returns

November 16, 2016

According to a new Circular No. 36025/9/1437 dated 14/11/1437H (17 August 2016) of the General Authority of Zakat and Tax,...

Mexico: Tax Authorities issues proposed regulations

November 15, 2016

Mexican Tax Authorities issued proposed regulations regarding the “additional information” that could be requested as part of the new transfer...

Singapore-New reporting requirement of related party transactions

November 15, 2016

The Inland Revenue Authority of Singapore (IRAS) updated the transfer pricing administration information on its website regarding the reporting of...

Poland: Publishes amended bill on CIT exemption for investment funds

November 15, 2016

The first reading of the draft Bill on the amendment of the Corporate Income Tax Act, which was submitted to...

IMF comments on economic reform in Egypt

November 13, 2016

The IMF issued a press release on 11 November 2016 commenting on Egypt’s reform program following the approval of an...

IMF comments on Jamaica’s economic reform agenda

November 13, 2016

On 11 November 2016 the IMF issued a press release in connection with the approval of a stand-by arrangement to...

France-New threshold for eligibility of abridged transfer pricing documentation

November 12, 2016

In France, a new law had been enacted on 8 November 2016 which provides for a reduced threshold for taxpayers...