On May 24, 2012, Denmark’s parliament approved two bills that would ratify the double taxation agreement (DTA) signed between Denmark and Hungary, and a Protocol amending the DTA signed between Denmark and Brazil.
Hong Kong: No Tax Cut for SMEs
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Denmark to cut VAT on food or exempt fruit, vegetables from 2028
The Danish government has agreed on a framework to reduce living costs, including food prices, by allocating DKK 6 billion annually from 2028. The funds will be used either to lower VAT on all food products or to provide a VAT exemption for fruit
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Brazil: RFB clarifies deduction of foreign taxes paid by subsidiaries, affiliated companies
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Brazil clarifies withholding tax on interest paid abroad for installment purchases
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OECD publishes transfer pricing profiles for eight countries
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Brazil introduces new taxpayer rights, obligations code
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