Posts by Sabia Liza

Germany: Federal Parliament approves Annual Tax Act 2019

November 12, 2019

On 7 November 2019, the German Federal Parliament passed the Annual Tax Act 2019. The German Federal Council is expected...

Bulgaria: Council of Ministers approves the Budget for 2020

November 10, 2019

On 31 October 2019, the Council of Ministers approved the draft budget for 2020 and submitted it to the National...

Austria implements the Mandatory Disclosure Rules

November 8, 2019

On 22 October 2019, the government of Austria officially published the EU-Mandatory Disclosure Act implementing the European Union (EU) Directive on the...

Slovenia publishes amendments to the CITA in the Official Gazette

November 8, 2019

On 5 November 2019, the Slovenian government published the amendments to the Corporate Income Tax Act (CITA) in the Official...

World Tax Brief: November 2019

November 7, 2019

Russia  Interest on late payments: On 25 October 2019, the Russian Central Bank reduced the interest rate from 7% to...

Vietnam clarifies the tax implications of interest income

November 5, 2019

On 24 October 2019, the Tax Authority issued an official letter (No. 80503 / CT-TTHT) explaining the tax implications of...

Bosnia and Herzegovina signs MLI to implement tax treaty related BEPS measures

November 5, 2019

On 30 October 2019, Bosnia and Herzegovina signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS...

Austria: The upper house approves the tax on digital advertising

November 3, 2019

On 10 October 2019, the upper house of Austria’s Parliament passed a digital advertising tax bill. The bill was approved...

Russia reduces the Interest rate from October 2019

October 31, 2019

On 25 October 2019, the Russian Central Bank announced the decision to reduce the key rate from 7% to 6.5%...

Slovenia approves amendments to the Corporate Income Tax Act

October 31, 2019

On 23 October 2019, the Slovenian government adopted amendments to the Corporate Income Tax Act. The amendments are following: The...

Germany publishes updated draft bill on DAC 6 Rules

October 27, 2019

On 9 October 2019, the German Federal Government issued an update of the draft legislation on Mandatory Disclosure Rules addressing...

Germany: Federal Tax Court changes perspective on domestic TP adjustments in tax treaty cases

October 26, 2019

On 27 February 2019, three recently published decisions (IR 51/17, IR / 73/16, and IR 81/17) provided that the German...

Bulgaria: Draft bill on cross-border arrangements submits for public comment

October 24, 2019

Recently, the Bulgarian Ministry of Finance issued a draft bill and submitted it for public comment. The draft law transposing...

Russia proposes Tax Policy for 2020 to 2022

October 23, 2019

On 30 September 2019, the Russian Government submitted the Draft Law to the State Duma. The draft law includes the...

Bulgaria: Draft Law on implementation of hybrid mismatch and exit tax measures submits to NA

October 21, 2019

On 9 October 2019, a draft Law on “Amendment and Supplementation of the Corporate Income Tax Act” was presented to...

Russia: MLI enters into force

October 17, 2019

On 1 October 2019, the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting...

Russia enacts legislative changes on Transfer Pricing and MAP

October 15, 2019

On 29 September 2019, the Russian Government signed a Law no. 325-FZ (Amendments to the Tax Code of the Russian...

Russia publishes amendments related to corporation tax

October 14, 2019

On 29 September 2019, the Russian Government signed a Law no. 325-FZ (Amendments to the Tax Code of the Russian...