Brazil publishes law reducing WHT rate on cross-border payments

March 08, 2023

On 28 February 2023, the government of Brazil has published Law no. 14,537, which reduces the withholding tax rates for cross-border payments related to travel to foreign individuals or entities residing or having their registered offices

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Nigeria: President signs Finance Bill 2019 into Law

January 15, 2020

On 13 January 2020, the President, Muhammadu Buhari, signed the 2019 Finance bill into law. It was submitted alongside the 2020 budget to the National Assembly. The new law contains over 90 changes to 7 different tax laws. Corporate income

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Kenya publishes draft income tax bill for 2018

May 27, 2018

National Treasury of Kenya has published the Draft Income Tax Bill 2018 for public comment. The draft Bill is intended to replace the current Income Tax Act with some certain provisions. Some of the main points are condensed as follows: Corporate

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Poland publishes corporate income tax reform bill for 2018

November 28, 2017

On 27 November 2017, the Budget Bill for 2018 was approved by the parliament. The bill particularly amending the Polish Corporate Tax Act which  published in the Official Journal. According to the bill the changes will enter into force on 1st

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Malaysia introduces tax exemption on payment paid for offshore services

October 31, 2017

The Income Tax (Exemption) (No. 9) Order 2017 (Exemption Order) was published in the Federal Gazette on 24 October 2017. The Exemption Order excludes non-residents from payment of income tax in respect of certain categories of income derived from

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Canada: CRA delays implementation of advantage rules

October 12, 2017

The Canada Revenue Agency (CRA) announced that the proposed implementation date for applying the advantage tax rules to investment management fees will be delayed until January 1, 2019. The rule could tax investment management fees paid outside of

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Angola: Tax provisions released in Budget Law 2017

February 19, 2017

The budget law 2017 was officially made available to the public on 10th February 2017.  The budget law was approved by the National Assembly on 17 November 2017 and was enacted on 31 December 2016. According to Budget Law 2017, the 10% withholding

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DTA protocol between Brazil and Canada confirm WHT rate on technical services

January 23, 2017

A Private Ruling 5/2017 (Solução de Consulta 5/2017) has been published in the Official Gazette on 18th January 2016. This ruling confirms that payments made by Brazilian sources to individual or companies resident in Canada for technical

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Latvia: Parliament adopts the State Budget for 2015

December 19, 2014

The Latvian Parliament adopted the state budget for 2015 on 17 December, 2014. The state budget for 2015 preserves the existing tax policy and does not envisage an increase in current tax rates. The income gap will be reduced by increasing the

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