Posts by admin

Ghana: IMF report comments on tax policy

January 22, 2016

Following the completion of a review of Ghana’s economic performance the IMF has published a report covering the economic outlook....

Chile: Details of administrative interpretation on CFC rules disclosed

January 19, 2016

The Circular 30 of the tax administration has been effected from January 1, 2016. It was published in the official...

Turkey: R&D reform package declared

January 18, 2016

The Prime Minister of Turkey has announced an R&D Reform Package on 14th January 2016 to increase the share of...

Poland: President signs into law the bill on Tax on Financial Institutions

January 18, 2016

Poland’s President has signed into law a Bill on the Tax on Financial Institutions which was published in the Official Journal...

Canada: WHT relief for foreign employers of cross-border workers

January 16, 2016

Under Regulation 102 of the Income Tax Act, non-Canadian resident employers with non-resident employees working in Canada can now apply...

IMF report comments on economic policy of Slovak Republic

January 15, 2016

Following the completion of talks with the Slovak Republic on 11 January 2016 the IMF has issued a report on...

France-New country-by-country reporting requirement, transfer pricing declaration

January 15, 2016

The Finance Act for 2016 and the Amended Finance Act for 2015 were published in the official journal on 30...

Canada and Taiwan: DTA signed

January 15, 2016

A Tax Agreement between Canada and Taiwan has been signed on January 13, 2016 in Taipei and on January 15,...

Canada: CRA updates T5008 guide for return of securities transactions

January 15, 2016

The Canada Revenue Agency (CRA) has published an updated T5008 guide 2015 regarding filing securities transactions returns on 12th January...

Canada and Peru: Social Security Agreement ratified

January 15, 2016

The Social Security Agreement (2014) between Canada and Peru has been ratified by Peru by way of Supreme Decree No....

UK-Tajikistan DTA in effect

January 14, 2016

The double taxation agreement (DTA) signed by the UK and Tajikistan on 1 July 2014 entered into force on 16...

Norway: Fiscal Budget for 2016 Approved with Tax Measures

January 14, 2016

The Norwegian Government has approved its 2016 Fiscal Budget on 14 December 2015. The corporate income tax rate has been...

Uruguay- period of validity extended for tax benefits for manufacturing agricultural machinery and equipment

January 14, 2016

In Uruguay, Decree No. 325/015 of 7 December 2015 extended the period of validity of tax benefits provided for manufacturing...

Italy: Published the Stability Law for 2016 in the Official Gazette

January 14, 2016

The Stability Law of Italy for 2016 was published in the Official Gazette No. 302 the measures of which are...

UK-Sweden double tax agreement enters into force

January 13, 2016

The double taxation agreement (DTA) signed by the UK and Sweden on 26 March 2015 entered into force on 20...

EU-Ukraine Deep Comprehensive Free Trade Agreement

January 12, 2016

The EU-Ukraine Deep Comprehensive Free Trade Agreement came into effect from 1 January 2016. On trade related matters the objective...

Liberia: IMF report comments on economic and fiscal position

January 12, 2016

On 8 January 2016 the IMF published a staff report in connection with the extended credit facility arrangement with Liberia....

France-New tax and social security changes including mandatory e-filing of tax returns

January 12, 2016

The French Social Security Financial and Income Tax Bills of 2016 will bring changes to the countries income tax and...