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David Jakovljevic Croatia and the UK have signed an agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital gains. The agreement was duly signed on January 15 2015 and will enter into force when both countries complete their parliamentary procedures and exchange a diplomatic note, which is expected by the end of 2015. The agreement applies to persons who are residents of one or both contracting states and covers (i) the taxes on income and on (ii) capital gains imposed on behalf of a contracting state, irrespective of the manner in which they are levied. The agreement is expected to facilitate an increase in direct investments between Croatia and UK.

Mark Galea Salomone

Elena Kostovska On February 26 2015, the Kazakhstan Senate approved the double tax treaty signed with FYR Macedonia on July 2 2012. Given that the FYR Macedonian Parliament had already ratified the treaty on December 4 2012 and the ratification was published in the Official Gazette 154 on December 7 2012, it is expected that the treaty will be applicable as of 2016.

Fiona McClafferty In a region famous for its oil and the perception of widespread tax-free living, international tax agreements have generally made little difference to those in the Middle East. However, times are changing. The effects of Foreign Account Tax Compliance Act (FATCA) and soon, the Common Reporting Standard (CRS), championed by the Global Forum on Transparency and Exchange of Information for Tax Purposes, will mean much more cross-border information exchange.

Because tax doesn’t have to be taxing. A less-than-serious look back at some of the quirkier tax stories from the past month.

When Pascal Saint-Amans spoke with ITR about his challenges for 2015, the OECD's top tax man said unilateral action to implement anti-BEPS items remains one of his chief concerns.

Jim Fuller

Romanian firm Nestor Nestor Diculescu Kingston Peterson has announced the appointment of two new tax directors: Adina Vizoli and Sorin Mociofan.

Flurin Poltera

The recent release of Ireland’s major strategy paper, ‘IFS2020 – A strategy for Ireland’s financial services sector 2015-2020’ addresses Ireland’s five year strategy in further developing the country as a global leader in the financial services sector.