transfer pricing News

EFTA States' Tax Rulings Receive The All-Clear

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, June 9, 2021

The EFTA Surveillance Authority has closed its investigations into the tax ruling practices of Iceland, Liechtenstein, and Norway, without finding any evidence of state aid infringements. Read Full Story

Putin Signs Law To Withdraw From Dutch DTA

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, June 9, 2021

Russia's President Vladimir Putin has signed a law to terminate the country's double tax agreement with the Netherlands. Read Full Story

Malta Releases Corporate Income Tax Returns

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, June 9, 2021

Malta's Commissioner for Revenue has released year of assessment 2021 electronic income tax returns for companies. Read Full Story

Mexico Enacts Outsourcing Tax Law Changes

by Mike Godfrey, Tax-News.com, Washington

Wednesday, June 9, 2021

Mexico has recently enacted legislative amendments to various tax laws in a bid to restrict the ability of companies to enter into outsourcing arrangements. Read Full Story

Singapore Issues Corporate Tax Return Filing Guidance

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, June 9, 2021

The Inland Revenue Authority of Singapore has released guidance for companies on filing a corporate income tax return this year. Read Full Story

Countries Discuss Post-Pandemic Tax Agenda At UN Council Meeting

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, May 12, 2021

Experts speaking at the UN's Economic and Social Council's annual Special Meeting on International Cooperation in Tax Matters concluded that the international community must do more to tackle tax base erosion and profit shifting and offshore tax evasion. Read Full Story

Philippines To Complete Tax Incentives Review By Early May

by Mary Swire, Tax-News.com, Hong Kong

Monday, April 26, 2021

The Philippines Department of Finance has announced that the Fiscal Incentives Review Board (FIRB) will complete the implementing rules and regulations for the corporate Recovery and Tax Incentives for Enterprises (CREATE) Act by the third week of May. Read Full Story

India Hikes Threshold For Country-by-Country Reporting

by Mary Swire, Tax-News.com, Hong Kong

Thursday, April 15, 2021

India has enacted legislation to hike the turnover threshold for filing a country-by-country report. Read Full Story

Singapore Issues Advance Ruling On IP Rights Transfer

by Mary Swire, Tax-News.com, Hong Kong

Thursday, April 15, 2021

On April 1, 2021, the Inland Revenue Authority of Singapore issued a summary of an advance ruling concerning franchise income earned by a Singaporean company from licensing intellectual property rights. Read Full Story