Posts by Sabia Liza

Lithuania: Parliament issues a draft bill for the ratification of the BEPS MLI

February 27, 2018

On 2 February 2018, the Lithuanian Parliament issued a draft bill for the ratification of the MLI (the Multilateral Convention...

Singapore: Finance Minister presents the Budget for 2018

February 26, 2018

On 19 February 2018, the Finance Minister presented the Budget for 2018 to the Parliament. Some of its most significant...

Pakistan issues more draft amendments to CbC reporting requirements

February 26, 2018

On 9 February 2018, the Federal Board of Revenue (FBR) in Pakistan has published SRO no. 144(I)/2018, which provides more...

Russia: MoF clarification on application of thin capitalization rules in the context of tax treaties

February 25, 2018

Recently, the Ministry of Finance (MoF) issued a Guidance Letter (No. 03-03-06/1/87340) and clarified the application of domestic thin capitalization...

Sweden: Special rules apply to the taxation of certain shares and interests

February 24, 2018

Recently, the Swedish Tax Agency published a Guidance (No. 202 466593-17/111) provides that dividends and capital gains on unlisted shares...

Jamaica and five more countries sign MLI to implement tax treaty related BEPS measures

February 20, 2018

On 24 January 2018, the Ministers and high-level officials from Jamaica, Malaysia, Panama, Barbados, Côte d’Ivoire and Tunisia have signed...

Platform for Collaboration on Tax: Global Conference

February 18, 2018

The first Global Conference on Taxation and SDGs convened by the Platform for Collaboration on Tax (PCT) concluded in New...

India: CBDT Issues FAQs on the Introduction of a 10% Tax on LTCG

February 13, 2018

On 4 February 2018, the Central Board of Direct Taxes (CBDT) has published Frequently Asked Questions (FAQs) on the introduction...

India: Budget 2018 proposes rules for implementation CbC reporting requirements

February 12, 2018

On 1 February 2018, the Finance Minister presented the Union Budget 2018. The budget includes proposals to clarify rules for...

Denmark increases research and development deduction from 2019

February 10, 2018

The Danish Government announced on 2 February 2018 that corporate income tax deductions for research and development (R & D)...

Japan: Cabinet approves tax reform plans for 2018

February 8, 2018

Japan’s Cabinet has approved a tax reform plan for the next fiscal year and includes a move to cut the...

Pakistan: FBR publishes amendments to CbC reporting requirements

February 7, 2018

On 31 January 2018, the Federal Board of Revenue (FBR) in Pakistan has published SRO no. 99(I)/2018, which provides amendments...

Singapore: Ministry of Health proposes enlarged graphic health warnings on tobacco packaging

February 7, 2018

On 4 February 2018, the Ministry of Health (MOH) has proposed for enlarged health warnings on tobacco packaging which could...

Lithuania proposes new transfer pricing rules

February 7, 2018

On 15 January 2018, a draft order amending the regulations of controlled transactions was issued by the Ministry of Finance...

India: Union Budget introduces the digital permanent establishment rule

February 6, 2018

On 1 February 2018, the Finance Minister has released India’s 2018-19 budget and finance bill. The budget proposes to update...

India: Budget introduces the digital permanent establishment rule

February 6, 2018

On 1 February 2018, the Finance Minister has released India’s 2018-19 budget and finance bill. The 2018 budget proposed to amend...

World Tax Brief: January 2018

February 5, 2018

Belgium Corporate income tax rate: On 29 December 2017, the Belgian corporate tax reform law was published in the official...

India: Finance Minister presents Budget for the year 2018-19

February 1, 2018

Indian Finance Minister Arun Jaitley today disclosed its budget 2018-2019 for the fiscal year starting from 1 April 2018. The...