Posts by Sabia Liza

Austria: MoF proposes draft legislation regarding tax reform for 2019-2020

May 20, 2019

On 8 May 2019, the Austrian Ministry of Finance published a draft bill regarding tax reform for 2019-2020. The main...

Taiwan issues a notice on businesses optimized tax regulations

May 17, 2019

On 15 May 2019, The National Taxation Bureau of the Northern Area (NTBNA) of Taiwan published a notice upon businesses...

Portugal legislates the EU ATAD into domestic law

May 16, 2019

On 3 May 2019, Portugal published Law n. 32/2019 in the Official Journal which introduced amendments to the Portuguese Tax...

Colombia: DIAN simplifies the scope of new thin capitalization rule

May 16, 2019

On 5 April 2019, the tax Authority (DIAN) of Colombia published an opinion No. 8159, concerning the scope of the...

World Tax Brief: May 2019

May 14, 2019

Mexico Incentives-Industry/manufacturing: On 29 April 2019, the Mexican Tax Administration has published the Miscellaneous Tax Code of 2019.  Accordingly, the...

Kenya: KRA releases a notification on taxation of e-commerce

May 10, 2019

On 3 May 2019, the Kenya Revenue Authority (KRA) published a public notification on the taxation of e-commerce regarding some...

Mexico publishes Annexes to Miscellaneous Tax Resolution 2019

May 9, 2019

On 29 April 2019, Annexes of the Miscellaneous Tax Resolution for fiscal year 2019 (Resolución Miscelánea Fiscal para 2019, RMF...

Peru: SUNAT issues a rule on Interest paid on loans from related parties

May 8, 2019

On 23 April 2019, the Tax Administration (SUNAT) of Peru issued Administrative rule 033-2019-SUNAT/7T0000 regarding the application of the Peruvian...

Indonesia: MOF publishes regulations on permanent establishment’s rules

May 7, 2019

On 1 April 2019, the Minister of Finance (MoF) of Indonesia Published Regulation No. 35 / PMK.03 / 2019, on...

India: CBDT invites public comments on proposal to amend rules for profit attribution to PE

May 6, 2019

On 18 April 2019, the Central Board of Direct Taxes (CBDT) released the Committee’s report on profit attribution to a...

Taiwan: Cabinet passes a draft bill on encouraging repatriation of offshore funds

May 5, 2019

On 11 April 2019, the Cabinet of Taiwan approved a draft bill regarding the repatriation, use and taxation of offshore...

Ukraine: SFS clarifies controlled transactions between a non-resident and its PE in Ukraine

May 4, 2019

On 19 April 2019, the State Fiscal Service (SFS) of Ukraine published a guidance letter 1723/6/99-99-15-02-02-15/IPK on the treatment of...

Russia enacts law regarding taxation of capital gains

May 3, 2019

Recently, the Russian government has enacted the Federal Law No. 63-FZ of 15 April 15 “On Amendments to the Second...

Puerto Rico publishes Circular regarding new quarterly tax return for withholding Payments for services provided

May 1, 2019

On 4 April 2019, the Puerto Rican Department of Treasury issued a Circular Letter No. 19-10  regarding new quarterly tax...

Colombia publishes a decree on deadline of tax filing returns and tax payment for 2019

April 30, 2019

On 8 April 2019, Colombia issued Decree 608 of 2019 in the Official Gazette that provides rules on the filing...

Mexico: Tax Administration issues new incentive for interest on corporate debt bonds

April 30, 2019

On 29 April 2019, the Mexican Tax Administration (SAT) in its Official Gazette published the Miscellaneous Tax Code (MTR) of...

Greece revises the law on setting up branches with new incentives

April 30, 2019

On 1 April 2019, the Greek Parliament passed a new bill (Law 4605/2019 ) which includes amendments to Law 89/1967 on...

India issues Notification on CbC exchange agreement with the U.S.

April 30, 2019

On 25 April 2019, India published Notification No. 37/2019 from the Department of Revenue in an extraordinary version of the...