February 3, 2016
Introduction New Zealand is predominately a dual island state located in the South Pacific. During the 1980s, New Zealand underwent changes within its economic market structure. The result is a deregulated and decentralised economy engaging in international partnerships and most favoured nation agreements. Diminished import controls and subsidies establish New Zealand as a competitive international…
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February 2, 2016
On 17 September 2015, the Court of Justice of the European Union (‘CJEU’) rendered its decision in the case F.E. Familienprivatstiftung Eisenstadt (C-589/13) concerning the Austrian system of interim taxation of national private foundations in the case of profit allocations made to non-resident beneficiaries. The CJEU held that the unfavorable treatment of private foundations which…
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November 12, 2015
For nearly half a century, Burundi maintained the income tax system that it inherited from the colonial period. Recently, this tax system has been reformed to modernise it and make it conducive to the business community. However, the reform process has been challenged by the failure to sustain enough collection of tax revenue. Some measures…
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November 11, 2015
Jordan’s new Income tax law number (34) of the year 2014 (published in the official gazette) is put in force as of January 1, 2015. Major changes included in the new tax law related to capital market gains are the following: The new tax law included some changes regarding the withholding tax related to income from…
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October 28, 2015
Costa Rica is a well know destination for investment purposes, no wonder why multinational companies such Intel, P&G, Western Union and many other had decided to establish operations in this 51,100 km2 and 4.9 million population Central America Country. Although, one of the goals of the Costa Rican Government is to attract foreign investment, to…
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