India: Permanent Establishment (PE) In India – Broad Understanding
Some insights into tax residence and permanent establishment for businesses in India. ... - Continue reading
Category: Regulatory
POGOs must settle all tax liabilities — Dominguez
Philippine offshore gaming operators (POGO) to pay all tax liabilities before being allowed to operate again, says Finance secretary Carlos Dominguez. ... - Continue reading
Stranded NRIs could be in for tax trouble
Some bad news for NRIs who are stuck in the lockdown. ... - Continue reading
Expert urges Kenya to reconsider imposing tax on digital platforms
Bitange Ndemo, a former principal secretary in the ministry of ICT warns against the taxation of non-domiciled digital companies and advises the government to review its decision. ... - Continue reading
Turkey: The treaty on avoiding double taxation of income taxes and tax evasion and its additional protocol between Republic of Turkey and Republic of Cote D’ivoire has been approved by the President of Turkey
Double tax treaty between Turkey and Ivory Coast has been approved by the presidential decree numbered 2470. ... - Continue reading
Cyprus: Cyprus Company Tax Benefits And Other Relevant Incentives
Here are some of the tax benefits of a having a company in Cyprus. ... - Continue reading
Ireland: The Impact Of COVID-19 On Tax Residence And Permanent Establishments
On 23 March 2020, the Irish Revenue released its programme meant to relieve tensions around tax residence and permanent establishments. The reason? - you guessed it right - COVID-19. Here's more. ... - Continue reading
Ireland transfer guidance addresses claims for unilateral tax relief
Lights upon Ireland's unilateral tax relief in relation to the double taxation agreement. ... - Continue reading
OECD officials note disagreement over digital tax update, reveal plans for tax and transfer pricing guidance
Disagreement registered around the 'Pillar One' of the OECD. ... - Continue reading
PSX urges govt to eliminate or reduce CGT for two years
The Pakistan Stock Exchange (PSX) has a few proposals to the government in an effort towards reform. ... - Continue reading
Vietnam faces increasing tax evasion and avoidance
In the recent years, Vietnam has experienced one of the highest loss of revenue due to tax evasion and tax avoidance from multinationals. ... - Continue reading
EU Commission to investigate whether Netherlands granted IKEA subsidiary State aid by approving tax deductions
The European Commission to investigate into Inter IKEA systems' tax treatment for a possible breach of EU State Aid rules. ... - Continue reading
Canada: Canada-Israel Income Tax Convention & The Making Of Aliyah From Canada To Israel – Canadian Tax Lawyer Analysis
Clarifications regarding Aliyah for Canadian residents. ... - Continue reading
New Poland transfer pricing risk assessment tool released in interactive format
Poland launches a new transfer pricing risk assessment tool and it's an interactive version. ... - Continue reading
Colombia Becomes 37th Member Of OECD
Colombia is now officially a member of the OECD. ... - Continue reading
Finland transfer pricing rules analyzed in landmark court rulings
This article focuses on two tax cases revolving around transfer pricing and their respective treatments. ... - Continue reading
Malta: Extension Of FATCA & CRS Deadlines
Deadline for CRS and FATCA reporting for the year 2019 extended till 30 June 2020. ... - Continue reading
Explainer: South Africa’s ‘expat tax’ – your questions answered
Clarifications on tax-related issues for South Africans living and working abroad. ... - Continue reading
Tax collection from services sector sharply falls 20pc in March
Official data shows that Pakistan has faced a sharp decline in its tax revenue in the month of March due to the coronavirus. ... - Continue reading
Stranded expats grapple with tax implications of covid-19 lockdown
The ordeal of expats in the midst of this COVID-19 crisis. ... - Continue reading
Cyprus: Ratification Of Multilateral Instrument
The BEPS MLI has been ratified in Cyprus as from 2020. Here's more to it. ... - Continue reading
India’s new 2 percent equalisation levy on the digital economy enters into force
Digital world - Make space for an equalisation levy! ... - Continue reading
Tax Policy After Coronavirus: Clearing a Path to Economic Recovery
COVID-19 has forced the whole economic world to halt and alter its processes in order to be able to keep functioning as much as is possible. Here are some further proposed adjustments in the wake of the COVID-19. ... - Continue reading
COVID-19 and the future of Pillar one
2020 started with a focus on reformed tax laws concerning transfer pricing and the implementation of Pillar one from the OECD. This article delves further into the matter to bring more clarifications. ... - Continue reading
OECD boss: Coronavirus crash will not be as bad as Great Depression
By now, the whole world is preparing for an impending global recession due to the COVID-19. Different experts are presenting their different views on the matter. While many are expecting a recession that will hit harder than the Great Depression, the secretary-general of the OECD, Angel Gurria does not seem to be sharing the same opinion. Here are more details. ... - Continue reading
Calls grow for delay to Australian ‘expat residence tax’
The Australian government is being urged to extend its deadline for its newly introduced 'expat residence tax'. ... - Continue reading
G20 finance ministers agree to continue work on taxation of digital economy
Over a virtual meeting due to the lockdown, G20 finance ministers have decided to keep on with their digital tax reform plan despite the COVID-19 pandemic.
Canada: A Canadian Tax Lawyer’s Introduction To Tax Filing For International Students
All about residency, education and tax filing in Canada. ... - Continue reading
New South Korea transfer pricing and diverted profits tax laws enter into effect
A few information on amended tax laws for South Korea as from 2020. ... - Continue reading
Tracking Economic Relief Plans Around the World during the Coronavirus Outbreak
Updates about tax reliefs offered by countries from all over the world during this time of crisis. ... - Continue reading
Nigeria: Tax Appeal Tribunal Holds That Tax Exemptions Will Not Be Granted Unless All Conditions Precedent For Its Grant Are Fulfilled
Light on the court case dated 23rd December 2019. ... - Continue reading
OECD issues welcome guidance on tax treaty issues arising from the COVID‑19 crisis
OECD has released guidelines concerning the COVID-19. Here's more. ... - Continue reading
Traders press for incentive package to document economy
Pakistan urged for more incentives by traders. ... - Continue reading
European Union: Extension Of Tax Benefit For UK Nationals Receiving A Government Service Pension
Residency in Cyprus when you are a UK national. ... - Continue reading
OECD publishes reports on cross-border tax dispute resolution Austria, France, Germany, Italy, Liechtenstein, Luxembourg, Sweden
Reports on offshore disputes have been published by the OECD. ... - Continue reading
Ireland: Covid-19 Ireland Update – Irish Corporate Tax Residence Considerations
Ireland updates its corporate tax legislations amidst the COVID-19 crisis. ... - Continue reading
Denmark extends all filing deadlines, including those for transfer pricing documentation
Extension until 1st September 2020 for deadlines, and it won't even require an application. ... - Continue reading
First Look: US IRS publishes final and proposed regulations on hybrid mismatches
On the 8th of April 2020, the Internal Revenue Service (IRS) presented its laws on hybrid arrangements, which would strengthen its efforts against tax avoidance by multinationals. ... - Continue reading
OECD lists tax policy measures enacted by 90 countries in response to COVID-19 pandemic
The COVID-19 pandemic has caused countries to review and adjust their tax laws in order to better cope with the changes. Many of those measures can be found in the spreadsheet that the OECD has published. ... - Continue reading
Temporary Work Locations in a Permanent Establishment World
The COVID-19 crisis has caused quite some chaos in the world right now. As we find ourselves homebound, there are also employees trapped in foreign countries to them. In such a case, what happens to the link between tax presence and tax residency? Here is brief discussion. ... - Continue reading
Indonesia: Indonesia And Singapore Sign Updated Double Taxation Avoidance Agreement
Indonesia and Singapore sign newest double tax avoidance treaty. ... - Continue reading
FBR receives 10,000 income tax returns in virus downturn
10,000 income tax returns received by the Federal Board of Bureau during the COVID-19. ... - Continue reading
Dutch corporate tax residency and substance may be affected by COVID-19 quarantine and travel restrictions
Restrictions generated from the new pandemic is affecting a whole range of activities. This article focuses on its effects on tax residency in Netherlands. ... - Continue reading
Luxembourg: Amendment To The Double Tax Treaty Between France And Luxembourg Passed
More details on the amended double tax treaty between France and Luxembourg. ... - Continue reading
First Look: OECD considers impact of COVID-19 mobility restrictions on tax treaties
OECD issues more tax information in wake of the COVID-19. ... - Continue reading
OECD issues international tax guidance in the wake of COVID-19
The guidance, issued on April 3, is based on a careful analysis of the international tax treaty rules. ... - Continue reading
Ireland: COVID-19 Ireland Update: Tax Residence Considerations In Light Of COVID-19 Travel Restrictions
An examination of travel restrictions with regard to Irish tax residence of Irish companies and funds. ... - Continue reading
Value added textile demands zero rated sales-tax regime
The value added textile export sector has demanded the government to revive zero-rated sales-tax regime and reinstate SRO 1125 in its true spirit to address the industries’ liquidity problems. ... - Continue reading
OECD should pause digital tax negotiations, US business group says
The United States Council for International Business (USCIB) suggests temporary halt to negotiations around digital tax handling for multinationals. ... - Continue reading
