Page 43 - Multilateral Convention News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Tuesday, December 22, 2020 Introduction On 16 November 2020, the Dutch government published a protocol to amend the “Convention between the Kingdom of the Netherlands and the Republic of Poland for the elimination of double taxation with respect to taxes on income and the prevention of tax evasion and avoidance” (the  Protocol). This followed the signing of the Protocol on 29 October 2020 in which the intentions of the countries were agreed upon. This GT Alert summarizes what is included in the Protocol. A Real Estate Clause The Protocol introduces a so-called real-estate-rich ...

To print this article, all you need is to be registered or login on Mondaq.com. We prepared the ''Overview of EU Member States and Switzerland'', which gives you a comprehensive overview of the current state of play on the interpretation and application of the EU Parent Subsidiary Directive general anti-abuse rule (Directive 2015/121/EU) in the EU member states and how Switzerland deals with it. As you may have noticed, it has now been approximately five years since the EU Parent Subsidiary Directive general anti-abuse rule (Directive 2015/121/EU ( PSD GAAR)) was inclu...

President Kersti Kaljulaid on Tuesday promulgated the 2021 State Budget Act, as well as legislative amendments concerning a pension increase and enabling an increase in the debt burden of municipalities. Under the State Budget for 2021 Act, the expenditure and investments of the budget will total €13.1 billion and revenue €11.2 billion. Compared to the original budget for 2020, revenue will grow by 5 percent or €534 million and, taking into account the amendments made with the supplementary budget, by 12 percent, or by €1.2 billion. Expenditure and investments will grow by around one...

CAPE VERDE: Decree-Law on binding rulings published Cape Verde's Ministry of Finance published Decree-Law 74/2020 in the Official Gazette on 12 October 2020, setting out the conditions for taxpayers requesting binding tax information rulings. The Decree Law became effective on the same day. Once the application is submitted, the tax administration is obliged to respond and notify the applicant within a maximum of 75 days. However, an urgent response within 45 days may be provided for justified requests, provided that the request is accompanied by a legal-tax framework proposal. The tax autho...