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Iceland: Parliament approves the BEPS Actions 4, 7 and 13

October 13, 2016

Parliament approved Bill No. 787 (the Bill) implementing BEPS Actions 4, 7 and 13 on 13 October 2016. Details of...

Meeting of the UN Committee of Experts on International Cooperation in Tax Matters

October 13, 2016

The UN committee of Experts on International Cooperation in Tax Matters is meeting for its twelfth session in Geneva from...

Malawi-Tax amendment laws 2016

October 10, 2016

The Taxation (Amendment) Act 2016 of Malawi which was enacted on 19 August 2016 made revisions to the provisions of...

Poland: Approves the general anti- avoidance rule into the Polish Tax Law

October 10, 2016

Polish President approved a draft legislation introducing a general ant avoidance rule (GAAR) into the Polish Tax Law. On June...

Nigeria: Tax amnesty regarding tax liability

October 7, 2016

The Federal Inland Revenue Service (FIRS) has issued guidance introducing a waiver of penalties and interest on some unpaid tax...

Bulgaria: Ownership identification requirement by non-residents with PE

October 6, 2016

Official Gazette has published a Decree No. 306 on 27th September 2016. The Decree forces non-resident companies along with a...

Transfer Pricing Brief: September 2016

October 5, 2016

Costa Rica:  Filing of annual transfer pricing return: Costa Rica has published a resolution in the official gazette to finalize...

France-Finance Bill for 2017

October 5, 2016

The government of France presented the Finance Bill for 2017 on 28 September 2016. According to article 6 of the...

Turkey: R&D reform Package increases

October 4, 2016

Some amendments regarding the current research and development (R&D) incentives were introduced on the basis of Turkish Law no. 6676....

Slovak Republic: Tax law amendments proposed

October 4, 2016

A governmental package of proposed amendments on tax law has been submitted to the parliament and the changes are suggested...

Greece: Draft Budget 2017 has been submitted to parliament

October 4, 2016

The draft Budget for 2017 has been submitted to the parliament (Committee of Economic Affairs) on 3rd October 2016. Now,...

PGA Highlights: September 2016

October 3, 2016

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

Norway: Published proposal on Country-by-country reporting

September 30, 2016

The Norwegian Government published its proposal for the 2017 Fiscal Budget on the domestic Country-by-Country (CbC) reporting rules in line...

Switzerland: Parliament adopted the final Corporate Tax Reform III

September 30, 2016

On June 17, 2016, the Swiss parliament adopted the final Corporate Tax Reform III package (CTR III) to strengthen Switzerland’s...

IMF comments on economic position of Jamaica

September 24, 2016

On 19 September 2016 the IMF issued a press release following the 13th Review under the Extended Fund Facility (EFF)...

IMF report comments on tax policy in Greece

September 23, 2016

On 23 September 2016 the IMF issued a concluding statement following a staff visit to Greece for consultations under Article...

IMF comments on tax policy in Sri Lanka

September 23, 2016

On 23 September 2016 the IMF issued a press release following the conclusion of a staff visit to Sri Lanka...

OECD report on tax policy reforms in 2015

September 23, 2016

The OECD has issued a report entitled “Tax Policy Reforms in the OECD 2016”. This is the first edition of...