- Details
(September 12, 2014)
On September 12, 2014 the Inland Revenue Authority of Singapore (IRAS) have released 2 E-tax guides. The first one is titled: "Tax Treatment of Director's Fees and Bonuses from Employment (Second Edition)" the second e-Tax Guide is titled: "Deduction for Statutiry and Regulatory Expenses".
Read more: Inland Revenue Authority of Singapore releases two e-Tax Guides
- Details
(September 12, 2014)
The Inland Revenue Authority of Singapore (IRAS) announced that on September 12, 2014 the Protocols amending the existing DTAs as concluded between Singapore and the Czech Republic (signed on November 21, 1997) and between Singapore and Kazakhstan (signed on September 19, 2006) entered into force.
- Details
(September 12, 2014)
Today the Japanese Ministry of Finance announced that on September 11, 2014 mutual notification procedures were completed for the entry into force of the Agreement between the Government of Japan and the Government of the British Virgin Islands for the Exchange of Information relating to Tax Matters, which was signed on June 18, 2014.
- Details
(September 11, 2014)
On September 11, 2014 the European Court of Justice (ECJ) ruled in case C-219/13 K Oy (ECLI:EU:C:2014:2207). The following questions were referred to the ECJ for a preliminary ruling:
- Do the first subparagraph of Article 98(2) of and point 6 of Annex III to [the VAT Directive], when the principle of fiscal neutrality is taken into account, preclude national legislation under which a reduced rate of VAT is applied to printed books, but the standard rate is applied to books on other physical support such as a CD, CD-ROM or USB key?
- As regards the answer given to the question above, is it of any significance
- whether a book is intended to be read or to be listened to (an audiobook),
- whether there exists a printed book with the same content as a book or audiobook on a CD, CD-ROM, USB key or other equivalent physical support,
- that with a book on a physical support other than paper technical features provided by that support, such as search functions, can be exploited?
Read more: ECJ rules in case C-219/13 K. (Directive 2006/112/EC)
- Details
(September 11, 2014)
On September 11, 2014 the European Court of Justice (ECJ) ruled in case C-489/13 Verest and Gerards versus Belgische Staat (ECLI:EU:C:2014:2210). The following question was referred to the ECJ for a preliminary ruling:
Does Article 56 of the EC Treaty preclude the taxation in one Member State, on a basis other than its local cadastral income, of immovable property situated in another Member State which is not rented out, in particular where, as in the present case, the local cadastral income is determined in a similar way to the Belgian cadastral income from Belgian immovable property?
Page 3 of 4
