Posts by admin

Chile: Document regarding tax reform publishes

October 26, 2016

The tax administration has published a document entitled ‘Keys to Understanding the Tax Reform’ on 7th October 2016 on its...

TIEA between Chile and Jersey approved by Jersey

October 26, 2016

The Exchange of Information Agreement (2016) between Chile and Jersey has been approved by Jersey’s States Assembly on 11th October...

Poland: Parliament adopts budget Law for 2017

October 26, 2016

The Council of Ministers presented to the parliament a draft Budget Law for 2017 on 30 September 2016. All along...

OECD: multilateral competent authority agreement for exchange of CbC reports

October 25, 2016

On 19 October 2016 the OECD announced that five more countries have signed the multilateral competent authority agreement for the...

OECD – introduces global review of MAP programmes(Action 14)

October 25, 2016

OECD released key documents on 20 October 2016, approved by the Inclusive Framework on BEPS and that will form the...

Greece: Maximum amount of aid per investment project offered for 2016

October 24, 2016

Ministerial Decree No. 106688 was published in the Official Gazette on 14th October 2016 regarding the determination of the maximum...

UK: Statistics released on Venture Capital Trusts

October 22, 2016

On 20 October 2016 HMRC released statistics on Venture Capital Trusts. The tax regime for venture capital trusts (VCTs) provides...

UK: Tax gap estimates published

October 22, 2016

On 20 October 2016 HMRC announced that the tax gap in the UK has fallen to GBP 36 billion or...

Mexico: Amendments of transfer pricing rules

October 20, 2016

Mexico’s Tax Administration Service (SAT) on July 14 published two important transfer pricing rules in the Third Resolution on Amendments...

China-Rules on advance pricing agreements updated

October 20, 2016

The State Administration of Taxation of China issued an announcement updating the rules on advance pricing agreements (APAs) (SAT Gong...

Italy- approved draft Budget Law for 2017

October 20, 2016

The Council of Ministers of Italy approved the draft Budget Law for 2017 on 15 October 2016. According to the...

Slovak Republic: Introduction to country-by-country reporting

October 19, 2016

The legislative bodies of Slovakia has issued a bill amending Act No. 442/2012 Coll. on international assistance and cooperation in...

Jersey: Budget for 2017 has been presented

October 19, 2016

The Treasury and Resources Minister has presented the draft budget 2017 on 18th October 2016. The main tax proposals are...

Greece: Maximum amount of aid for 2016

October 18, 2016

Ministerial Decree No. 106688 was published in the Official Gazette on 14th October 2016 regarding the determination of the maximum...

Italy-Measures to reduce administrative penalties

October 17, 2016

The Italian Tax Authorities (ITA) issued Circular No. 42/E on 12 October 2016, providing clarifications on available measures to reduce...

Uruguay-tax measures included in approved accountability Bill

October 15, 2016

The Chamber of Deputies of Uruguay approved the accountability bill on 5 October 2016 after it was modified by both...

DTA between Argentina and Chile enters into force

October 14, 2016

The Income and Capital Tax Treaty (2015) between Argentina and Chile has been entered into force on 11th October 2016...

OECD research considers the effectiveness of carbon tax and emissions trading

October 13, 2016

A report released by the OECD on 26 September 2016 entitled Effective Carbon Rates: Pricing CO2 through Taxes and Emission...