UK-Belgium double tax treaty – New protocol published
On 28 December 2012 the protocol amending the existing double tax treaty between Belgium and the United Kingdom was published in the Official Gazette. The protocol was signed by both countries on 24 June 2009 and came into force on 24 December 2012. It is applicable as from 1 January 2013. The protocol amends the
Belgium: Shifting gears towards transfer pricing audits
Download The Belgian tax administration has made additional resources available to increase the number of intercompany transactions audits. And we’ve already noticed that there’s been a significant increase in the number of audits taking place – an estimated 150 audits has been initiated so far. It is not clear yet which types of companies are
Global tax accounting January – March 2013
Accounting and reporting related updates Share-based payments & withholding taxes Prior period adjustments EFRAG feedback statement FAF income tax review EU banks – country by country reporting GAAP changes in the UK Recent and upcoming major tax law changes and the tax accounting implications Tax rate changes Other important considerations in tax law changes Tax
United States and Ireland sign a bilateral FATCA Intergovernmental Agreement
On 21 December 2012, the Chargé d’affaires at the US Embassy in Ireland and the Minister for Finance of Ireland signed an intergovernmental agreement (the US-Ireland IGA) under the provisions commonly known as the Foreign Account Tax Compliance Act (FATCA). As anticipated, Annex II of the US-Ireland IGA specifically identifies the Irish institutions and products
