Posts by Sabia Liza

Portugal legislates the Budget Law for 2019

February 13, 2019

On December 31, 2018, Portugal published 2019 budget law (No.71/2018) in the official gazette and generally applies as from 1...

World Tax Brief: February 2019

February 7, 2019

Colombia Main corporate tax rate: On 28 December 2018, Colombia enacted the Tax reform bill for 2019. The Tax Reform...

Italy: Tax authority releases new corporate tax return forms

February 5, 2019

On 30 January 2019, Italy’s tax authority issued protocols (No.23599/2019 and No. 23568/2019) approving the new electronic corporate income tax...

Bulgaria: NRA publishes corporate income tax return form for 2018 with barcode

February 5, 2019

On 4 February 2019, the National Revenue Agency (NRA) published the annual tax return under Art. 92 of the CITA...

Kazakhstan introduces new corporate tax return form

February 5, 2019

On 1 January 2019, the Ministry of Finance issued Order No. 1095 and the Order introduces amendments to the corporate...

Russia: Finance Ministry publishes Guidance on MAP

February 4, 2019

On 30 January 2019, the Russian Ministry of Finance published on its official website a guidelines on the mutual agreement...

Angola introduces amnesty measures with foreign technical and management services contracts

February 2, 2019

On 28 December 2018, Angola published Law no. 18/19 with the General State Budget for 2019. The main procedures are...

India: Finance Minister presents Budget for 2019-20

February 2, 2019

On 1 February 2019, Finance minister Piyush Goyal presented the much awaited Union Budget in Lok Sabha. Goyal was appointed...

Argentina releases decree regarding tax reform measures for corporations

January 31, 2019

On 27 December 2018, Argentina published a Regulatory Decree 1170/2018 in the Official Journal, which entered into force on 28...

Denmark: Supreme Court rules against Ministry of Taxation in landmark Transfer Pricing case

January 31, 2019

On 31 January 2019, Denmark’s Supreme Court issued its decision on a transfer pricing case regarding Microsoft Denmark ApS (Microsoft...

France: Parliament legislates the Finance Act for 2019

January 31, 2019

The French Finance Act passed its constitutional review for 2019 on 28 December 2018. This follows the approval of the law...

Chile: IRS clarifies Taxation of Dividends and Interest

January 30, 2019

Recently, the Internal Revenue Service (IRS) issued two separate Rulings 59 and 2546 to clarify the taxation of dividends and...

Qatar legislates new Income Tax Law

January 28, 2019

On 17 January 2019, Qatar’s new Income Tax Law (Law 24 of 2018) was published in the Official Gazette and...

Pakistan: Finance Supplementary (Second Amendment) Bill submits in Parliament

January 27, 2019

On 23 January 2019, Pakistan’s draft Finance Supplementary (Second Amendment) Bill, 2019 was submitted to the National Assembly. The finance...

Peru publishes Resolution on filing Tax Return for 2018

January 25, 2019

The Peru tax authority (SUNAT) has issued Resolution No. 015-2019/SUNAT, concerning the filing of both individual and corporate tax returns...

Turkey legislates Omnibus Law including corporate tax measures

January 24, 2019

Turkey has published Omnibus Law No. 7161 of 17 January 2019 in the Official Gazette and numbered 30659. The Omnibus Law...

Portugal modifies the corporate tax return Form-22

January 18, 2019

On 14 January 2019, the Secretary of State for Fiscal Affairs of Portugal has approves the amendments to the Model...

Puerto Rico enacts the tax reform law

January 17, 2019

On 10 December 2018, Puerto Rico enacted Bill No. 1544 as Law No. 257 of 10 December 2018. The law...