What the BEPS? – Italian Patent Box: Preferential Tax Regime to Begin in 2015
Another day, another patent box... Tax-News.com (Ulrika Lomas) recently reported: "The decree to implement Italy's "patent box" has been signed by Minister of the Economy and Finance Pier Carlo Padoan and Minister of Economic Development...
Posted by DRTP
On 5 August 2015
Canada: Department of Finance Draft Tax Legislative Proposals (Consultation process)
From Finance Canada website: "July 31, 2015 – Ottawa, Ontario – Department of Finance The Department of Finance today released for consultation draft legislative proposals that would implement certain tax measures from Economic Action Plan...
Posted by DRTP
On 4 August 2015
What the BEPS? – USA Joins the Movement: Innovation Box Discussion Draft
Flying right into the face of the BEPS initiative, the USA have now joined forces with Belgium, France, Hungary, Italy, Luxembourg, Netherlands, Spain, Switzerland, the United Kingdom, Ireland and Israel with their brand new proposal for...
Posted by DRTP
On 3 August 2015
A Tax Buddy: Interest Deductibility
Income Tax Folio S3-F6-C1: Interest Deductibility was recently updated by the CRA. Since March 2015, it has replaced Interpretation Bulletin IT–533 Interest deductibility and related issues. See the updated S3-F6-C1 here. Pour nos lecteurs francophones, ce Folio...
Posted by DRTP
On 29 July 2015
New Canada-Israel Free Trade Agreement Concluded
Canada and Israel recently concluded an "enhanced" free trade agreeement. From the Foreign Affairs, Trade and Development Canada website: "International Trade Minister Ed Fast and Finance Minister Joe Oliver applauded the announcement earlier today by...
Posted by DRTP
On 28 July 2015