Irish Citizen Denied US Tax Refund On Gambling Winnings 6/3/2017
The United States Court of Federal Claims has turned down a claim from an Irish citizen that more than USD5m in US tax withheld on gambling winnings be refunded under the US-Ireland double tax avoidance agreement.
Hong Kong Seeking To Improve Insurance Tax Incentives 6/3/2017
The Financial Services Development Council released a report on March 3
on the policies, including tax measures, Hong Kong could adopt to improve its
position as an insurance hub, especially in reinsurance, marine insurance,
Hong Kong, Pakistan Sign DTA 21/2/2017
On February 17, Hong Kong and Pakistan signed a comprehensive double taxation
agreement, which sets out the allocation of taxing rights between the two
jurisdictions and will aid the assessment of tax liabilities arising out of cross-border
SARS Modifies Ruling On Taxes Applicable To DTAs 6/2/2017
The South African Revenue Service has issued a revised binding general
ruling that identifies the taxes administered by the agency that constitute
taxes on income for the purposes of South Africa's
double taxation agreements.
India, Singapore Revise Tax Treaty 5/1/2017
India and Singapore have signed a protocol to limit abuse of their double taxation avoidance agreement. India had also recently agreed a similar change to its tax treaty with Mauritius and Cyprus.
Hong Kong, Romania DTA In Effect 16/12/2016
On December 9, Hong Kong's Inland Revenue Department announced that the double
taxation agreement between Hong Kong and Romania has come into force and
will have effect with respect to income derived on or after January 1, 2017.
New Zealand Planning More BEPS Measures 10/11/2016
New Zealand's tax agency has set out the international tax initiatives it intends to pursue, in particular in response to the OECD's base erosion and profit shifting plan.
Japan, Austria Agree MAP Arbitration 21/10/2016
The Governments of Japan and Austria have agreed in principle to amend their double taxation avoidance agreement to further promote trade and investment between the two countries.
New Finland-Spain Tax Treaty Postponed 13/10/2016
The introduction of a new double tax avoidance treaty between Finland and Spain will be delayed by at least one year due to the ongoing political stalemate in Spain.
Hong Kong Committed To Compliant International Tax Regime 7/10/2016
During a recent speech, the Secretary for Financial Services and the Treasury,
K C Chan, reiterated Hong Kong's commitment to meeting the international standards
on tax transparency, and to implementing the Organisation for Economic Co-operation and Development's base erosion and profits shifting package.
Important Notice: Wolters Kluwer TAA Limited
has taken reasonable care in sourcing and presenting the information contained
on this site, but accepts no responsibility for any financial or other loss
or damage that may result from its use. In particular, users of the site are
advised to take appropriate professional advice before committing themselves
to involvement in offshore jurisdictions, offshore trusts or offshore investments.