Posts by Sabia Liza

India: Parliament passes Taxation Laws (Amendment) Bill, 2019

December 9, 2019

On 5 December 2019, the upper house of parliament passed the Taxation Laws (Amendment) Bill, 2019. The bill was passed...

Bulgaria legislates amendments to the TP documentation threshold

December 9, 2019

On 6 December 2019, the Bulgarian Government published the amendments to the Act on Tax and Social Security Procedures in...

High Court rules that the Danish loss-making company could not deduct royalties paid to its Swiss parent

December 5, 2019

On 28 October 2019, the Eastern High Court of Denmark published a case (Denmark vs Adecco; Case No SKM2019.537.OLR of...

Bulgaria: Parliament approves the Budget for 2020

December 4, 2019

On 5 December 2019, Bulgaria’s parliament has approved the 2020 budget Act for 2020. The budget envisages increased spending for...

Lithuania proposes amendments to the CITL

December 2, 2019

On 31 October 2019, the parliament proposed a Bill (No. XIIIP-4116) to amend the Corporate Income Tax Law (CITL). The...

Denmark publishes the Bill no. L 48 on international taxation

November 30, 2019

On 6 November 2019, the Danish Minister of Taxation published Bill no. L 48 on international taxation. The bill updated...

Ecuador presents new tax reform Bill

November 30, 2019

On 21 November 2019, the Ecuadorian National Assembly presented a new draft of the Tax Reform Bill on “Tax Simplicity...

Oman signs MLI to implement tax treaty related BEPS measures

November 30, 2019

On 26 November 2019, Oman signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and...

Bulgaria approves changes to the TP documentation threshold

November 29, 2019

On 21 November 2019, the Bulgarian parliament approved amendments to the thresholds for mandatory preparation of a local transfer pricing...

Sweden: Tax Agency issues guidance on DAC6 reporting

November 28, 2019

On 25 October 2019, the Swedish Tax Agency issued a guidance on the implementation of an EU Council Directive on...

India: Finance Minister introduces Taxation Law (Amendment) Bill, 2019

November 28, 2019

On 25 November 2019, the Finance minister Nirmala Sitharaman introduced the Taxation Laws (Amendment) Bill, 2019 in the lower house...

Germany reduces the solidarity surcharge from 2021

November 27, 2019

On 14 November 2019, the lower house of the parliament adopted the draft bill on the reduction of the solidarity...

Denmark considers draft Bill to implement DAC6 reporting requirement

November 21, 2019

On 6 November 2019, the Danish Minister of Taxation published Bill no. L 49 on implementation of Council Directive (EU)...

Bulgaria: Parliament considers draft Bill to implement DAC6

November 21, 2019

On 14 November 2019, the National Assembly (NA) accepted for consideration a draft bill to transpose an EU directive on...

Bulgaria proposes changes to the Corporation Tax Act

November 20, 2019

On 12 November 2019, a proposal to changes the Corporation Tax Act was submitted to Parliament. The law proposed the...

Portugal: Administrative Court issued a decision on Transfer Pricing case

November 15, 2019

On 10 October 2019, in the case of : n.º 511/2018-T, the Administrative Court issued a decision on the sale...

Russia: MOF clarification on CFC profits

November 13, 2019

On 5 November 2019, the Russian Ministry of Finance (MOF) issued the letter No. 03-03-06 / 1/85022 concerning the profits...

Bulgaria submits proposal to amends the TP documentation threshold

November 13, 2019

On 12 November 2019, some of policy makers submitted to Parliament a proposal to amend the rules on thresholds for...