Posts by Sabia Liza

South Africa introduces draft interpretation on definition of “associated enterprises”

October 25, 2022

On 14 October 2022, the South African Revenue Service (SARS) published a draft interpretation note on the definition of “associated...

Zambia: MoF presents 2023 Budget

October 23, 2022

On 30 September 2022, the Minister of Finance (MoF) proposed the 2023 Budget to the National Assembly. The important tax...

France: Court decides the statute of limitations for recovery of taxes

October 21, 2022

Recently, the Administrative Court of Montreuil issued a decision regarding the statute of limitations for the recovery of tax claims...

Germany: CJEU has issued a decision on sanctions for non-compliance with TP documentation requirements

October 15, 2022

On 13 October 2022, the Court of Justice of the European Union (CJEU) ruled in case: C-431/21  on sanctions for...

World Tax Brief: October 2022

October 13, 2022

Angola  Withholding tax rate-Others: On 22 August 2022, Angola published Law no. 27/22 in the Official Gazette amending the Corporate...

South Africa deposits ratification instrument for MLI

October 2, 2022

On 30 September 2022, South Africa deposited its instrument of ratification of the Multilateral Convention on the Implementation of Tax...

Greece amends corresponding adjustment provisions for Transfer Pricing

September 30, 2022

On 23 September 2022, Greece published Law No. 4972/2022 in the Official Gazette containing various tax measures including transfer pricing....

Pakistan: FBR extends the date of filing Income Tax Returns

September 30, 2022

On 30 September 2022, the Federal Board of Revenue (FBR) issued Circular No. 16 of 2022 and extended the date...

Bulgaria Deposits Instrument of Ratification for MLI

September 24, 2022

On 16 September 2022, Bulgaria deposited its instrument of ratification of the Multilateral Convention on the Implementation of Tax Treaty-Related...

Russia: CBR cuts interest rate again

September 21, 2022

On 16 September 2022, the Central Bank of Russia (CBR) adopted a decision to cut the key interest rate from...

Oman introduces tax exemptions for sectors of economic diversification

September 17, 2022

On 8 September 2022, the Oman Tax Authority (OTA) announced some conditions and procedures for obtaining income tax exemption for...

Dominican Republic: DGII Publishes general standard rule on MAP

September 16, 2022

On 30 August 2022, the Dominican Tax Authorities (DGII) issued a new general standard rule on Mutual Agreement Procedures (MAP)...

World Tax Brief: September 2022

September 13, 2022

Argentina  Advance payments due: On 16 August 2022, the Argentine tax authority published General Resolution No. 5248/2022, requiring a one-time...

South Africa: National Assembly approves BEPS MLI

September 6, 2022

On 31 August 2022, the South African National Assembly (NA) approved the Multilateral Convention to Implement Tax Treaty-related measures to...

Russia proposes to raise tax evasion thresholds

August 27, 2022

On 18 August 2022, the government launched a consultation on a proposal to raise the thresholds for tax evasion by...

Greece introduces new tax incentives

August 26, 2022

On 29 July 2022, Greece enacted legislation (Bill 4957/2022) that provides new research and development (R&D) tax incentives for companies....

Singapore amends regulations on CbC reporting agreements

August 20, 2022

On 11 August 2022, the Ministry of Finance published an amended Regulation No. S 669 on Country-by-Country (CbC) Reporting Agreements...

Lithuania approves draft bill relating to the VAT registration threshold for related persons

August 19, 2022

On 12 August 2022, the Lithuanian Parliament accepted for consideration Bill (No. XIVP-1915), relating to the VAT Law on Calculating...