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PGA Highlights: May 2016

June 1, 2016

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

UK: Proposed tax on sugary drinks criticized by pressure group

May 31, 2016

As part of the budget proposals for 2016 the UK announced a proposal to impose a tax on sugary drinks...

UK: Consultation on reforms to the intermediaries legislation for the public sector

May 31, 2016

The intermediaries legislation was introduced in the UK to ensure that people doing the same work for the same pay...

Bulgaria: Guidelines on submission of financial information published

May 30, 2016

The National Revenue Agency has published guidelines and instructions on the submission of financial information on 26th May 2016 under...

IMF report comments on fiscal policy in Poland

May 29, 2016

On 16 May 2016 the IMF published a report on Poland following the completion of discussions under Article IV of...

IMF comments on the economic and fiscal position of France

May 29, 2016

On 24 May 2016 the IMF published a report on its website following the conclusion of consultations with France under...

UK: Consultation on changes to double tax treaty passport scheme

May 28, 2016

The UK imposes withholding tax of 20% on interest paid to overseas lenders. This rate is reduced under some double...

UK: Consultation on changes to landfill tax

May 28, 2016

On 26 May 2016 the UK published a consultation document on changes to the definition of a taxable disposal for...

UK: Consultation on secondary adjustments in transfer pricing legislation

May 27, 2016

On 26 May 2016 the UK has published a consultation document on the possible introduction of secondary adjustments into the...

DTA between UAE and Uruguay ratified

May 27, 2016

The Income and capital Tax Treaty (2014) between United Arab Emirates and Uruguay has been ratified by Uruguay according to...

TIEA between Chile and Uruguay ratified

May 27, 2016

The Exchange of Information Agreement (2014) between Chile and Uruguay has been ratified by Uruguay on 20th May 2016 under...

Czech Republic and U.S. : Protocol to social security agreement enters into force

May 27, 2016

The amending protocol of Social Security Agreement (2007) between Czech Republic and United States has been entered into force on...

Czech Republic and Tunisia: Social Security Agreement signed and approved

May 27, 2016

The Social Security Agreement between Czech Republic and Tunisia has been approved by upper chamber of parliament (senate) of Czech...

UK: Updated guidance on PAYE penalties confirms continuation of penalty easement

May 26, 2016

HMRC has issued updated guidance on penalties for late filing and non-filing of PAYE returns and how to avoid them....

Kazakhstan: Plans to consolidate Tax Code and Customs Code postponed until 2017

May 26, 2016

The Prime Minister has made a declaration on 24th May 2016 that the policies to consolidate the Tax Code and...

IMF report comments on economic situation of Czech Republic

May 25, 2016

On 16 May 2016 the IMF published a report following conclusion of talks with the Czech Republic under Article IV...

IMF report comments on the economic situation in Bosnia

May 25, 2016

The IMF has reached a staff agreement with Bosnia and Herzegovina on an arrangement under the Extended Fund Facility and...

Axiom Groupe conference on Transfer Pricing Excellence

May 24, 2016

The Axiom Groupe conference on Transfer Pricing Excellence was held in Barcelona on 19 and 20 May 2016. The conference...