Tax Treaty News: June 2020
Japan and Uzbekistan On 27 May 2020, the Japanese upper house of the parliament has approved the Double Taxation Agreement (DTA) with Uzbekistan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on
See MoreTransfer Pricing Brief: June 2020
ArgentinaScope of transfer pricing rules: On 15 May 2020, the Argentine tax authorities (AFIP) officially published General Resolution 4717/2020 of 14 May 2020, which governs the control of transfer prices of international transactions. The new
See MoreWorld Tax Brief: May 2020
AlgeriaFiling return: The Directorate General of Taxes made a postponement of annual tax return submission deadline for 2019 until 31 May 2020 for the taxpayers registered at the DGE.See the story in RegfollowerAngolaDue dates main corporate income
See MoreTax Treaty News: May 2020
Austria and IndiaOn 1 May 2020, the amending protocol to the Double Taxation Agreement (DTA) between Austria and India was entered into force and applies from 1 January 2021.Singapore and TurkmenistanOn 30 April 2020, the Double Taxation Agreement
See MoreTransfer Pricing Brief: May 2020
ArgentinaTransfer pricing information return: On 31 March 2020, the Government officially published General Resolution 4689/2020 of 30 March 2020, which provides a further extension of deadline for the transfer pricing return forms between 18 May
See MoreTax Treaty News: April 2020
Turkey and Uzbekistan On 27 March 2020, Mr. Recep Tayyip Erdoğan, the President of Turkey signed Decision No. 2314 for the ratification of amending protocol to the Double Taxation Agreement (DTA) with Uzbekistan.Gibraltar and UKOn 24 March
See MoreTransfer Pricing Brief: April 2020
LatviaRequirement-Rule: On 5 March 2020, the Latvian Official Gazette published the law implementing the directive on the mandatory automatic exchange of information in tax matters connecting to cross-border arrangements.See the story in
See MoreWorld Tax Brief: April 2020
GuatemalaFiling return: SAT has extended the 31 March 2020 tax filing deadline to 15 April 2020 that corresponds to the fiscal year 2019 for companies, the 2019 transfer pricing information return annex, and the February 2020 value added tax
See MoreTax Treaty News: March 2020
Ireland and Netherlands On 29 February 2020, the Double Taxation Agreement (DTA) between Ireland and Netherlands was entered into force and applies from 1 January 2021. The new DTA replaced the former DTA of 1969. Korea (Rep.) and
See MoreWorld Tax Brief: March 2020
NamibiaIncentives: On 19 February 2020, the Minister of Finance tabled the first income tax amendment bill of 2020 in Parliament that repeals the tax incentives applicable to registered manufacturers and export processing zones. See the
See MoreTransfer Pricing Brief: March 2020
ArgentinaDocumentation-Deadlines: On 29 February 2020, Government published General Resolution 4680/2020 of 28 February 2020 extending again the deadline for the submission of transfer pricing returns between 20 and 24 April 2020 for fiscal
See MoreTax Treaty News: February 2020
Liechtenstein and LithuaniaOn 19 February 2020, the Double Taxation Agreement (DTA) between Liechtenstein and Lithuania will enter into force and applies from 1 January 2021. Czech Republic and Taiwan On 30 January 2020, the
See MoreWorld Tax Brief: February 2020
South AfricaCFC rules: On 13 January 2020, President signed Taxation Laws Amendment Act 2019, which amends section 9D of the Income Tax Act, 1962 regarding the definition of controlled foreign company rules and extends the application of
See MoreTransfer Pricing Brief: February 2020
FinlandRequirements-Rule: On 30 December 2019, Finnish President approved the Law 1559/2019 for the implementation of Council Directive (EU) 2018/822 of 25 May 2018 (DAC6) on reporting requirements for cross-border tax planning arrangements.
See MoreTax Treaty News: January 2020
Singapore and Korea (Rep.) On 31 December 2019, the Double Taxation Agreement (DTA) between Korea (Rep.) and Singapore was entered into force and applies from 1 January 2020. From this date, the new DTA will replace the existing DTA of
See MoreWorld Tax Brief: January 2020
Qatar PE rules: On 11 December 2019, Qatar introduced new Income Tax Law No. 24 of 2018, effective from 12 December 2019. The new Law provides additional guidance on permanent establishments (PEs) rule. Computation of
See MoreTransfer Pricing Brief: January 2020
BrazilDispute resolution-Best practices: The OECD peer review report regarding Brazil published on 28 November 2019 notes that Brazil has concluded 35 double tax treaties all of which contain a provision relating to the mutual agreement
See MoreTax Treaty News: December 2019
Ecuador and JapanOn 28 December 2019, the Double Taxation Agreement (DTA) between Ecuador and Japan will enter into force and applies from 1 January 2020 for other taxes.Czech (Rep.) and Korea (Rep.)On 28 November 2019, the Czech Senate
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