- Details
(July 10, 2015)
On July 9, 2015 the OECD opened a consultation regarding an Options Paper titled: “OPTIONS FOR LOW INCOME COUNTRIES' EFFECTIVE AND EFFICIENT USE OF TAX INCENTIVES FOR INVESTMENT”. According to a press release issued by the OECD in this respect, the G20’s Development Working Group (DWG) has invited four International Organizations (IMF, OECD, UN and World Bank) to write a report on options for low income countries’ effective and efficient use of tax incentives for investment.
- Details
(July 10, 2105)
The list of non-cooperative countries, which was published on June 17, 2015, still rouses emotions. Immediately some of the jurisdictions mentioned on the list started complaining. See a.o. our articles on Liechtenstein’s and Guernsey’s reactions. Supposedly OECD’s Secretary General Angel Gurría sent a letter to Commissioner Moscovici in which he expressed his concerns regarding the European Commission’s list of non-cooperative jurisdictions (see our article from June 22, 2015). However, after one day Mr. Gurría’s letter was no longer available on the OECD website.
- Details
(July 9, 2015)
On the website of the U.S. Department of the Treasury the Agreement between the Government of the United States of America and the Government of the Socialist Republic of Vietnam for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income, which was signed on July 7, 2015, was published (hereafter: the DTA).
- Details
(July 9, 2015)
On July 9, 2015 the European Court of Justice (CJEU) ruled in Case C‑144/14 Cabinet Medical Veterinar Dr. Tomoiagă Andrei versus Direcția Generală Regională a Finanțelor Publice Cluj Napoca prin Administrația Județeană a Finanțelor Publice Maramureș, (ECLI:EU:C:2015:452).
· Must Article 273 and point 18 of Article 287 of Directive [2006/112] be interpreted as meaning that the national tax authority was under an obligation to register a taxable person for VAT purposes and to find that person liable to pay the VAT, and the related ancillary debts, arising from the fact that the tax exemption threshold had been exceeded, with effect from the date on which the taxable person submitted tax returns to the competent tax authority showing that the VAT exemption threshold had been exceeded?
- Details
In today’s edition a.o.: CJEU – Opnionion of Advocate General Bot delivered in Case C-335/14 Les Jardins de Jouvence SCRL (VAT – Sixth Directive – Exmptions – residential care center); Australia – In focus: Offshore marketing hubs; Liechtenstein – AIA-Gesetz - Bericht und Antrag verabschiedet; Liechtenstein – Gruppenanfrage - Bericht und Antrag verabschiedet; Australia - Restructuring? Contact us (an article written by the ATO); CJEU – Opnionion of Advocate General Bot delivered in Case C-198/14 Visnapuu (Art 34 TFEU & Art 110 TFEU – Excise duty on certain beverage containers which are not covered by an individual deposit and return system); Germany – Entwurf eines Gesetzes zur Anpassung des Erbschaftsteuer- und Schenkungsteuergesetzes an die Rechtsprechung des Bundesverfassungsgerichts; United Kingdom – Offshore disclosure facilities: Liechtenstein (Dealing with HMRC – guidance) (Update: The fifth joint declaration has been published and the disclosure facility detailed guidance has been updated)
Page 6 of 8
