Argentina: AFIP provides additional suspension regarding inspections, assessments, appeals
In response to corona virus pandemic, on 21 September 2020, the Federal Administration of Public Revenue (AFIP) published General Resolution 4818 of 21 September 2020, providing an additional suspension up to 11 October 2020 regarding inspections,
See MoreIMF staff report on Angola
On 21 September 2020 the IMF published a staff report on Angola in connection with the third review under an extended arrangement under the IMF’s extended fund facility. Angola’s economy has been hit in 2020 by the economic and health crisis
See MoreArgentina: AFIP announces additional suspension regarding inspections, assessments, appeals
On 18 August 2020, the Federal Administration of Public Revenue published General Resolution 4794 of 18 August 2020, which provides an additional postponement in case of inspections, assessments, appeals, reimbursements, other methods related to
See MoreMexico modifies the General Customs Rules for 2020
On 24 July 2020, Mexico has published the first amendment to the General Customs Rules for 2020 in the Official Gazette. The amendments include changes to the Comprehensive Business Certification Scheme, in the VAT, VAT Certification and Authorized
See MoreArgentina: AFIP announces additional suspension regarding inspections, assessments, appeals
On 8 August 2020, the Federal Administration of Public Revenue (AFIP) published General Resolution 4786 of 3 August 2020, which provides an additional postponement in case of inspections, assessments, appeals, reimbursements, other methods related
See MoreWorld Bank: Report on benefits of African Continental Free Trade Area
On 27 July 2020 the World Bank issued a report on the economic and distributional effects of the African Continental Free Trade Area (AfCFTA). The AfCFTA agreement will connect 1.3 billion people across 55 countries with a combined GDP of USD 3.4
See MoreArgentina: AFIP announces suspension regarding tax audit, social security and customs duties
On 20 July 2020, the Federal Administration of Public Revenue (AFIP) published General Resolution 4766 of 20 July 2020, which provides additional postponement of the terms for inspections, assessments, appeals, reimbursements, and other procedures
See MoreOECD: Overview of tax measures to combat the coronavirus pandemic
On 1 April 2020 the OECD published on its website detailed information on measures taken by countries to help businesses and individuals during the coronavirus crisis. Measures to help business case flow These include tax administration
See MoreUK notifies the WTO of withdrawal from the European Union
A communication from the UK on 1 February 2020 (WT/GC/206) has set out detail on the implications for the World Trade Organisation (WTO) of its departure from the European Union (EU). The communication notifies the WTO that the UK ceased to be a
See MoreFinland: MFN clause applies in tax treaty with Lithuania
On 2 September 2019, Finnish tax authority published a statement no.67/2019 regarding the application of the most-favored nation (MFN) clause in article 12(7) (Royalties) of Finland’s tax treaty with Lithuania. Under the MFN clause, effective
See MoreCanada: Trade complaint files against US
Canada filed an official request for consultations document, which was circulated on January 10, 2018, to other World Trade Organization (WTO) members concerning certain laws, regulations and other measures maintained by the US with respect to
See MoreWTO: Decisions issued by Ministerial Conference
The eleventh Ministerial Conference (MC11) of the World Trade Organization (WTO) closed on 13 December 2017 and decisions were issued on some issues. Fisheries Subsidies The WTO members agreed to pursue negotiations with the objective of reaching
See MoreChile: Government sets anti-dumping duties on Chinese steel grinding rods
The Chilean government has imposed final anti-dumping duties on imports of steel grinding rods from China under the country’s anti-distortions
See MoreIndia: Government increases import tax on edible oils to highest in a decade
On 17 November 2017, the Indian government increased the import duties on various vegetable oils and soybeans oils through a notifications released on the website of the Central Board of Excise and Customs. The government has introduced these
See MoreZambia: Budget for 2018
Finance Minister of Zambia presented the 2018 National Budget for the year 1 January 2018 to 31 December 2018 to the National Assembly on 29th September 2017. Budget for 2018, which lays out the various expenditure and revenue measures aimed at
See MoreCanada: CETA Trade Agreement enters into force
The Comprehensive Economic and Trade Agreement (CETA) between Canada and European Union came into force on September 21, 2017. The CETA is a progressive free trade agreement that covers virtually all sectors and aspects of Canada-EU trade in order
See MoreWTO: World Trade Statistical Review 2017
On 28 July 2017 the WTO issued the latest annual statistical report World Trade Statistical Review 2017. This publication examines trends in trade in goods and services and trade policy developments including restrictive trade practices. World
See MoreWTO and OECD: Aid for Trade monitoring report
The sixth aid-for-trade monitoring report has been published by the WTO and OECD under the title “Aid for Trade at a Glance: Promoting Trade Inclusiveness and Connectivity for Sustainable Development. The Aid for Trade initiative, launched in
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