Posts by admin

UK: Corporate tax rate in Northern Ireland to be reduced

November 20, 2015

As part of a political agreement reached on 17 November 2015 the corporation tax rate in Northern Ireland is to...

UK: Corporation tax and large companies

November 20, 2015

A report published by a UK accounting firm indicates that 85 of the companies in the FTSE 350 index paid...

France-Administrative Supreme Court requests a ruling from the Constitutional Court regarding Parent- Subsidiary Directive and reverse discrimination

November 20, 2015

The Administrative Supreme Court (Conseil d’État) of France had requested on 12 November 2015, a preliminary ruling from the Constitutional...

Mexico published the Federal Revenue Law for 2016

November 19, 2015

Mexico published the Federal Revenue Law for 2016 (the Decree) in the Official Gazette on 18 November 2015 and the...

Peru-Tax incentive to promote investment in science and technology innovation

November 18, 2015

In Peru, Supreme Decree No. 326-2015-EF (the Decree) was published in the Official Gazette on 16 November 2016. The Decree...

New Zealand to introduce new rules on remote services

November 18, 2015

A tax bill is to introduce a goods and services tax (GST) on “remote services” and would implement the government’s proposal...

Nigeria: Implications of BEPS proposals

November 18, 2015

The Federal Inland Revenue Service (FIRS) has incorporated into its tax audit procedures certain of the recommendations included in the...

G20 leaders approve final BEPS package

November 17, 2015

The leaders of the G20 group of countries approved the final package of measures to combat base erosion and profit...

IMF: Report on Regional Economic Issues for Central, Eastern and Southeastern Europe

November 16, 2015

On 16 November 2015 the IMF published a report on economic issues for Central, Eastern and Southeastern Europe (CESEE). The...

UK: HMRC to reorganize into regional centers

November 16, 2015

The UK tax authority HMRC has announced a reorganization of its offices that will result in the replacement of 170...

Czech Republic: Control form to counter VAT fraud to be postponed

November 16, 2015

The government has submitted a bill to parliament that would postpone the announcement of the “control form” to counter VAT...

Saudi Arabia-publishing of new Companies Law

November 15, 2015

The Ministry of Commerce and Industrial declared on 9 November 2015 that the new Companies Law (NCL) will come into...

OECD: Harmonizing revenue statistics

November 14, 2015

Representatives of thirteen Asian Finance Ministries and tax administrations met on 14 and 15 October 2015 to consider a framework...

OECD: Asia Pacific Regional Meeting on BEPS

November 13, 2015

An Asia Pacific regional meeting was held on 11 and 12 November 2015 to discuss the outcomes of the project on base erosion and...

UK: Planned tax treaties and protocols

November 13, 2015

On 13 November 2015 the UK published a policy paper on planned tax treaty developments. The paper states that negotiations...

Indonesia: Issued Regulation on Fixed Assets Revaluation

November 13, 2015

The Ministry of Finance (MoF) issued Regulation No. 191/PMK.010/2015 (PMK-191) on the revaluation of fixed assets in order to assist...

Argentina: Double taxation treaty with Mexico

November 12, 2015

The Governments of Argentina and Mexico signed a treaty for the avoidance of double taxation on 4 November 2015. The treaty...

Netherlands: IMF report comments on fiscal and tax policy

November 11, 2015

The International Monetary Fund (IMF) has issued a report on the economy of the Netherlands following discussions under Article IV...