International Updates
Under the 60-day rule in Cyprus, individuals are considered tax residents of Cyprus and benefit from the island's tax regime.
On December 10 2018, Portugal published Notice 144/2018 in the Official Gazette, announcing the new income tax treaty with Montenegro.
Russian legal entities that make capital gains from the sale of shares are eligible for a 0% tax rate, yet the criteria for satisfying this arrangement may not always be so simple.
Canada's Revenue Agency (CRA) confirmed in a recent technical interpretation (2017-071330117) that Canadian withholding tax can apply to the accrued (but unpaid) interest on a debt owed by a Canadian resident to a non-resident when the debt is assumed by another entity and such an assumption constitutes a "novation" of the debt obligation for purposes of the applicable commercial law.
Sponsored
Sponsored
-
Sponsored by Mattos FilhoBrazil's complex federal and state structure has created a litigious framework for tax authorities, making tax reform in Brazil a continued political focus. -
Sponsored by PwC BrazilBrazil's federal tax authorities have published guidance noting that debt forgiveness ought to be regarded as financial revenue and should be taxed at 4.65%.
-
Sponsored by KPMG ChinaIn recent months, the Chinese government has been actively taking measures to stimulate the economy and attract further inbound investment.
Article list (load more 4 col) current tags
