Posts by Sabia Liza

Sweden transposes EU Directive on Dispute Resolution

July 10, 2019

On 19 June 2019, a law proposal that implements the EU Tax Dispute Resolution Directive (2017/1852) was presented to the...

Bolivia issues resolution for tax certificates procedure

July 10, 2019

On 29 June 2019, Bolivian National Tax Service issued Resolution No. 101900000011 in the official website introducing procedure and requirement...

Brazil publishes new tax incentive regulation for oil and gas sector

July 10, 2019

On 17 June 2019, the Minister of Mines and Energy signed Regulation No 252, which regulates the process of setting...

India presents Finance Bill for 2019/20

July 10, 2019

On 5 July 2019, the Finance Minister presented the Finance Bill of the newly formed government for financial year (FY)...

World Tax Brief: July 2019

July 9, 2019

Slovenia Corporate income tax rate: On 18 June 2019, the Ministry of Finance proposed changes to corporation tax rates. As...

Ecuador releases advance tax refund procedure for FY 2018

July 8, 2019

On 4 June 2019, the Ecuadorian Internal Revenue Service (SRI) issued Resolution No. NAC-DGERCGC19-0000022 dated 30 May 2019 concerning refund...

Oman introduces tax incentives for tourism investments

July 5, 2019

Recently, Oman has introduced a tax incentive for every new investor looking to build a tourism project in Musandam. According...

France publishes interest rate for shareholder loan for FY ends between June and September 2019

July 1, 2019

Recently, France has published interest rates for entities whose financial year ended between 30 June 2019 and 29 September 2019...

Slovenia proposes to change the PIT & CIT rates

June 30, 2019

On 18 June 2019, the Ministry of Finance proposed changes to personal income tax (PIT) and corporate income tax (CIT)...

India deposits ratification instrument for MLI

June 30, 2019

On 25 June 2019, India has deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related...

Russia: Parliament approves law on submission of CbC reports

June 30, 2019

On 7 June 2019, the Russian parliament passed Law No. 125-FZ in the Official Gazette. The Act amends Article 105.16.3...

Portugal approves MLI

June 26, 2019

On 21 June 2019, the Portugal’s parliament approved the resolution for the ratification of the Multilateral Convention to Implement Tax...

Indonesia: MOF proposes draft amendments to the SEZ scheme and tax cuts

June 25, 2019

The Indonesian Ministry of Finance (MoF) published two announcements on June 17 and 20 June 2019. The ministry is reviewing...

Russia proposes Transfer Pricing and MAP-related changes

June 24, 2019

The Russian Ministry of Finance has proposed some transfer pricing amendments (Draft legislation No. 720839-7) and submitted them to the...

Saudi Arabia: GAZT holds seminar to simplify the transfer pricing regulations

June 24, 2019

On 17 June 2019, the General Authority of Zakat and Tax (GAZT) of Saudi Arabia has organized a transfer pricing...

Russia: MOF clarifies the ‘related party’ for transfer pricing purposes

June 21, 2019

Recently, the Russian Ministry of Finance has adopted a guidance letter (No. 03-12-12 / 1/39688 of 05.31.2019) clarifying the recognition...

Russia deposits ratification instrument for MLI

June 20, 2019

On 18 June 2019, the Russian Federation has deposited its instrument of ratification for the Multilateral Convention to Implement Tax...

Vietnam: NA approves a new taxation regime for Foreign Service providers

June 20, 2019

On 13 June 2019, the National Assembly (NA) approved the Law on Tax Administration (amended changes). The law introduced a...