The Portuguese Budget Law for 2010 was approved by the Portuguese parliament on March 15 2010. Although the final text of the law is not yet available, the proposals initially included in the Budget Bill proposal were accepted together with relevant final amendments. These last minute inclusions cover the reduction of the loss carry forward period from 6 years to 4 years, amendments to the property tax exemption available for certain real estate investment funds, and adjustments to tax amnesty for undeclared funds held abroad.
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While the manual should be consulted for any questions around MAPs, the OECD’s Sriram Govind also emphasised that the guidance is ‘not a political commitment’
The landmark Indian Supreme Court judgment redefines GAAR, JAAR and treaty safeguards, rejects protections for indirect transfers and tightens conditions for Mauritius‑based investors claiming DTAA relief
As tax teams face pressure from complex rules and manual processes, adopting clear ownership, clean data and adaptable technology is essential, writes Russell Gammon, chief innovation officer at Tax Systems
The deal establishes Ryan’s property tax presence in Scotland and expands its ability to serve clients with complex commercial property portfolios across the UK, the firm said