- Details
In today’s edition a.o.: The UK – Revenue and Customs Brief 14 (2015): VAT - compulsory charge on single-use carrier bags in England (Policy paper); Tax Notes – Summer Budget 2015 – Goodwill Regained – but for how long? Netherlands – Beantwoording Kamervragen zeehavens
- Details
(August 17, 2015)
On August 14, 2015 a press release was published on the website of the Inland Revenue Department of Hong Kong announcing that the Agreement between the Government of the Hong Kong Special Administrative Region of the People’s Republic of China and the Government of the Italian Republic for the Avoidance of Double Taxation with respect to Taxes on Income and the Prevention of Fiscal Evasion (Hereafter: the DTA) entered into force on August 10, 2015.
- Details
(August 14, 2015)
On August 14, 2015 the European Commission issued a press release stating that after an in-depth investigation it has found that certain Italian measures reducing company taxes and social security contributions in areas affected by natural disasters also benefitted companies that suffered no damage from natural disasters and overcompensated companies beyond the damage suffered.
- Details
(August 14, 2015)
The Inland Revenue Authority of Singapore has updated the section of its website that is titled “Tax Treatment of Business Expenses”. This section does not only discuss the deductibility of specific business expenses such as Research & Development (R&D) Expenditure, Employee Equity-Based Remuneration (EEBR) Scheme for Corporate Tax, Impairment Loss on Trade Debts and Registration Costs for Patents, Trademarks, Designs and Plant Varieties, but it also contains links to several IRAS e-Tax Guides that have been issued by the Inland Revenue Authority of Singapore with respect to some of the subjects discussed in this section of its website.
- Details
(August 13, 2015)
The Polish Ministry of Finance has published the text of the Convention for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income as concluded on July 13, 2015 between The Republic of Poland and the Federal Democratic Republic of Ethiopia (Hereafter: the DTA). Although signed, the DTA has not yet entered into force. For the DTA to enter into force, the respective ratification procedures have to have been finalized in both countries.
Below we will discuss some of the regulations included in the DTA of which we think they might interest our readers.
Page 3 of 5
