ECJ: VAT input tax deductions on supplies made free of charge
On 22 April 2015 the Advocate General of the European Court of Justice (ECJ) issued an opinion in the case of Sveda UAB. The case was referred to the ECJ on 17 March 2014 for a preliminary ruling and the Court was requested to provide an answer to
See MoreECJ: decision on disbursements and the VAT taxable amount
The European Court of Justice (ECJ) delivered its ruling in the case of Wojskowa Agencja Mieszkaniowa w Warszawie on 16 April 2015. The case concerned the inclusion of disbursements in the taxable amount for computing value added tax. The case was
See MoreFinland: Tax authority released guidance on FATCA agreement with US
The Finish tax administration published a guidance named A57/200/2015 on 15 April, 2015 regarding the application of the Finland– United States FATCA Model 1A Agreement (2014), which entered into force on 20 February 2015. According to guidance
See MoreDTA between Malawi and Netherlands signed
Malawi and the Netherlands signed a income tax treaty for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income on 19 April
See MorePoland: New thin capitalization rules
The thin capitalization rules changes in Poland and this rule enacted as an amendment to Poland’s corporate income tax law, and signed by the president on 17 September 2014 and from 1 January 2015 the “thin capitalization” rules has been
See MoreECJ decision on Germany’s deferred tax on capital gains
On 16 April 2015 the European Court of Justice (ECJ) issued a decision in relation to Germany’s tax rules on hidden reserves. On 27 September 2012 Germany was referred to the ECJ by the European Commission which considered that Germany had
See MoreFinland: Tax authority signs a co-operation pact with the African Tax Administration Forum (ATAF)
A co-operation pact was signed between Finnish tax authority and African Tax Administration Forum (ATAF) on 2 April, 2015. The aim of the co-operation pact is to support African tax authorities in implementing changes to their international tax
See MoreSpain: Parliament approves draft law amending the General Tax Law
The Spanish Parliament approved the submission to Parliament of the draft law amending the General Tax Law (LGT) on 17 April 2015, following the opinion of the State Council. The key objectives of the reform of the Tax Code are to enhance the fight
See MoreDTA between Portugal and Saudi Arabia signed
Portugal and Saudi Arabia signed an income tax treaty for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income in Lisbon on 8 April
See MoreProtocol to DTA between Ireland and Luxembourg approved by Luxembourg
On 2 April 2015, the Council of Ministers of Luxembourg approved the amending protocol to the income and capital tax treaty with Ireland that signed on 27 May 2014. The protocol is submitted to parliament for final
See MoreFrance-Luxembourg protocol to treaty approved by Luxembourg
Council of Ministers of Luxembourg approved the amending protocol on 2 April, 2015 which was signed on 5 September
See MoreProtocol to treaty between Belgium and Vietnam approved by Belgium
The Belgian Council of Ministers approved the amending protocol to the Belgium-Vietnam double tax agreement on 3 April 2015. The amending protocol was signed on 12 March
See MoreRomania and Albania sign social security agreement
Romania signed a social security agreement with Albania on 27 February 2015. No details are now
See MoreBelgium: Council of Ministers Approves Protocol to Treaty between Belgium and Rwanda
The amending protocol to the income tax treaty between Belgium and Rwanda was approved by the Council of Ministers on 13 March 2015. The protocol was signed on 17 May
See MoreFrance: Intergroup services marked out in tax-avoidance transactions list
The French tax administration has recently published an updated list of abusive practices and fixtures that are considered to be contrary to the law. Among these are certain inter-group arrangements. Relocation of profits after restructuring:
See MoreECJ: Advocate General issues an opinion in a case concerning VAT groups
The Advocate General of the European Court of Justice (ECJ) has published an opinion in the case of Beteiligungsgesellschaft Laurentia + Minerva mbH & Co KG. Questions arising from this case were referred to the ECJ for a preliminary ruling by
See MoreSouth Africa signs protocol to amend tax treaty with Cyprus
The amending protocol to the Income and Capital Tax Treaty (1997) between South Africa and Cyprus was signed on April 1,
See MoreFrance: New steps to improve relationship between tax administration and companies
The Ministry of Finances and Public Accounts and the Ministry of Economy and Industry announced a set of measures to fight tax fraud on 1 April 2015. The measures also fight against tax evasion at national, European and international level, and
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