Finland: Outlines Tax Changes

20 September, 2012

On 20 September 2012 it was reported that the Finnish finance ministry has recently published the country’s 2013 budget review, detailing the government’s tax plans for next year. The government plans to implement tough tax measures to

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France May Ease Proposed 75% Income Tax

11 September, 2012

It was reported on 11 September 2012 that, determined to ensure that the measure does not lead to a massive exodus of top executives, the French government now plans to soften conditions for its 75% tax on top earners, although the final decisions

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United States and Belgium have agreed to expand the scope of their DTA

30 August, 2012

The US tax authority, the Internal Revenue Service, announced on August 20, 2012, that the United States and Belgium have agreed to expand the scope of their 2006 double taxation agreement (DTA) to also include taxes imposed at municipal level in

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Ukraine’s Cabinet approves the signing of a DTA with Ireland

22 August, 2012

On August 15, 2012, Ukraine's Cabinet approved the signing of a double taxation agreement (DTA) between Ukraine and

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DTAs between Portugal, East Timor and Panama ratified by Portugal

15 August, 2012

According to Portugal's Official Gazette, the double taxation agreements (DTAs) signed between Portugal and East Timor, and Portugal and Panama were ratified by Portugal on August 9,

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UK: Google under Fire for UK Tax liability

14 August, 2012

It has been published on 14 August 2012 that Google bosses could be hauled before the UK parliament to answer questions on the technology giant's tax affairs, as concerns mount over revelations about the company's low corporate tax bills. According

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Italy achieves increased tax revenues in first half 2012

09 August, 2012

Following the tax increases which formed the major part of recent packages intended to reduce Italy’s fiscal deficit, it was perhaps unsurprising when the Italian Economy and Finance Ministry was able to announce that tax revenues in the first

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Bulgaria approves draft DTA initialled with Switzerland

08 August, 2012

On July 25, 2012, the government of Bulgaria approved the draft double taxation agreement (DTA) initialled between Bulgaria and Switzerland on November 28,

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Spain ratifies the pending DTA and accompanying Protocol with Germany

08 August, 2012

Spain on July 30, 2012, published an Order in its Official Gazette ratifying the pending double taxation agreement (DTA) and an accompanying Protocol signed between Spain and Germany on February 3,

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DTA between Germany and Turkey enters into force

07 August, 2012

The Turkish Ministry of Foreign Affairs has announced that the double taxation agreement (DTA) signed between Germany and Turkey on September 19, 2011, entered into force on August 1, 2012, following the completion of both nations' ratification

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French Senators Axe Tax Break for Overtime Hours

30 July, 2012

It has been published on 30 July 2012 that, within the framework of its examination of the country’s second 2012 supplementary finance bill, the French Senate has abolished the tax exemption applicable to overtime hours in France, a measure

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Draft DTA between Germany and the Philippines agreed

26 July, 2012

The government of the Philippines has confirmed that a draft double taxation agreement (DTA) between Germany and the Philippines was agreed at a fourth round of negotiations held on July 20, 2012. It has been agreed the pact will be signed in early

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Belgium: Parliament has approved five DTA protocols

20 July, 2012

The Belgian parliament has approved five protocols to double taxation agreements signed between Belgium and Luxembourg, Denmark, France, the United Kingdom and France, as part of the country's ratification

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Portugal-Luxembourg DTA entered into force

28 June, 2012

According to notice no. 65/2012, published by the Portuguese government on June 20, 2012, two protocols amending the Portugal-Luxembourg double taxation agreement (DTA) entered into force on May 18,

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Switzerland and Portugal Sign DTA Protocol

27 June, 2012

It was reported on 27 June 2012 that Switzerland and Portugal have recently signed in Lisbon a protocol to amend the bilateral double taxation agreement (DTA) between the two countries in the area of taxes on income and capital. According to the

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Protocol between the Czech Republic and Uzbekistan enters into force

27 June, 2012

The Embassy of the Czech Republic reported that a protocol to the double taxation agreement (DTA) signed between the Czech Republic and Uzbekistan entered into force on June 15,

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Austria’s financial police enforce tax compliance

26 June, 2012

Austria’s Finance Minister Maria Fekter has recently underlined the key role of the country’s financial police in enforcing payment of due taxes and thereby ensuring tax justice in Austria. Alluding to the fact that the financial police now play

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Italy introduces tax measures for growth

19 June, 2012

The Italian government has issued its long-awaited decree aimed at boosting growth in the economy, particularly through tax incentives for construction companies, infrastructure projects and energy efficiency. Corrado Passera, the Economic

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