Posts by Sabia Liza

Lithuania implements EU Directive on Dispute Resolution

August 3, 2019

On 11 July 2019, Lithuania has published Law No. XIII-2310  in the Official Gazette, which includes measures for the implementation Council Directive...

South Africa publishes draft taxation amendment bills 2019 for public comment

July 31, 2019

On 21 July 2019, the South African Revenue Service (SARS) and the National Treasury has published 2019 Draft Taxation Laws...

Greece: Government announces a wide range of Tax Cuts

July 30, 2019

Following the recent victory in the countries general election, the new Greek Prime Minister has announced that the government wants...

Russia reduces the interest rate from June 2019

July 30, 2019

Recently, the Board of Directors of the Bank of Russia decided to lower its key (interest) rate from 7.75% to...

Austria implements EU Directive on Dispute Resolution

July 29, 2019

On 22 July 2019, Austria has published the EU Financial Adjustment Act 2019 in the Official Gazette, which includes measures...

Portugal approves amendments to the TP rules

July 28, 2019

On 19 July 2019, the Portuguese parliament approved Law No. 180/2019, which includes amendments to the country’s transfer pricing (TP)...

India: The new Finance Act modifies the Transfer pricing law

July 24, 2019

On 5 July 2019, the Minister of Finance presented the Finance (No.2) Act for the financial year 2019-20. The act...

Singapore changes to FATCA reporting requirements with effect from 1 April 2020

July 22, 2019

On 10 July 2019, the Inland Revenue Authority of Singapore (IRAS) issued an announcement that, with effect from 1 April...

Denmark publishes a notice regarding transfer pricing documentation

July 22, 2019

On 12 July 2019, the Danish Tax Authority has published a notice (SKM2019.374.SKTST) which establishes a new practice for the...

Argentina: AFIP updates resolution on advance payment of tax

July 20, 2019

On 12 July 2019, the Federal Administration of Public Revenues (AFIP) of Argentina has published General Resolution No. 4522/2019 amending...

Indonesia publishes a regulation with tax incentives for investments in certain sectors

July 20, 2019

On 26 June 2019, the Indonesian government issued a Government Regulation (PP) No. 45 of 2019, which amended Regulation No....

Colombia publishes new thin capitalization rule

July 19, 2019

On 26 June 2019, the Government of Colombia published a Decree 1146 of 2019, concerning the new thin capitalization rules...

Indonesia: MoF changes CFC deemed dividend rules

July 17, 2019

On 26 June 2019, the Ministry of Finance published a new regulation (No.93/PMK.03/2019(PMK-93) on the controlled foreign corporation (CFC) rules...

Algeria: DGI issues a guideline on electronic tax declaration

July 17, 2019

The Algerian tax agency Direction Generale des Impots (DGI) has recently published a guideline on electronic tax declaration and payment...

Denmark implements EU dispute resolution directive

July 17, 2019

The Act implementing Council Directive (EU) 2017/1852 of 10 October 2017 in Denmark entered into force on 30 June 2019....

Greece: Tax authority clarifies the limitation period for the late filing of tax return

July 16, 2019

On 1 July 2019, the tax authority published the Circular E.2123 explaining the application of the limitation period in the...

France issues new guidelines for GAAR

July 15, 2019

On 3 July 2019, the tax authorities published a guidelines regarding the new general anti-abuse rule (GAAR). The new GAAR,...

Ecuador: SRI issues decree on advance income tax payments

July 15, 2019

On 5 July 2019, the Ecuadorian Internal Revenue Service (Servicio de Rentas Internas-SRI) issued Executive Decree No. 806 of 25...