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    Tax Relief
    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.
    March 23 2017
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    Turkey: New tax incentives introduced
    Burçin Gözlüklü Ramazan Biçer Turkey introduced a new law (the law) on March 8 2017 on the restructuring of certain public receivables and amending certain laws and Cabinet Decrees.
    March 23 2017
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    Poland: Reverse-charge on domestic construction services
    Janina Fornalik The amendments to the Polish VAT Act, binding since January 1 2017, introduced new regulations regarding the reverse charge mechanism applicable to domestic supplies between two VAT payers consisting of construction works. However, additional specific conditions should be met, which in practice create a number of interpretation problems.
    March 23 2017
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    Bulgaria: Bulgaria amends VAT Law
    Panayiotis Diallinas Recent important amendments to the Bulgarian Law on VAT became effective on January 1 2017. The amendments are related to mixed supplies of assets and immovable property, the tour operator margin scheme, the obligation for VAT registration in cases of inheritance, and changes in the rules for supplies made by a person acting in his own name but for the account of another person.
    March 23 2017
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    Iran: Double tax treaty between Iran and Hungary enters into force
    The first agreement on the avoidance of double taxation and prevention of fiscal evasion between Hungary and Iran entered into force on January 1 2017. Iran has concluded more than 40 tax treaties, but very few of them provide for zero withholding tax rates on rental income and consulting fees. Thus, this specific tax treaty can be a good platform for multinationals looking to invest into Iran.
    Ali Najm, March 23 2017
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    Bosnia and Herzegovina: Amendments to the Profit Tax Law in Republic of Srpska of Bosnia and Herzegovina
    Dajana Topic The National Assembly of the Republic of Srpska (RS) adopted amendments to the Profit Tax Law on December 28 2016. The main changes entered into force on January 1 2017.
    March 23 2017
  • The future is now
    Everyone's heard of Bitcoin and the overnight millionaires the cryptocurrency made. But it is the technology that underpins it, which includes blockchain, which could really shake up the tax world. Could it one day eliminate the need for advisers? Might it spell the end of country-by-country reporting, data leaks and the need for audits?
    Anjana Haines, March 23 2017
  • Deals of the month
    See who has done the tax work on this month’s biggest deals
    March 23 2017
  • Businesses will increasingly look to innovate
    Sponsored by Deloitte Mexico
    Mexico: General rules governing Mexico’s R&D tax credit
    Taxpayers must comply with the rules to qualify for the credit.
    Ricardo Gonzales Orta, March 23 2017
  • GST: India is in the final leg of its journey
    Sponsored by Dhruva Advisors
    India GST: The final leg of the journey
    After several twists and turns over the past decade, the introduction of goods and services tax (GST) in India is in the final leg of its journey.
    Niraj Bagri, March 23 2017
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