Ministry of Finance

News & Analysis as of

The Luxembourg Indirect Tax Administration Confirms That Director Fees Are Subject To VAT

The Luxembourg indirect tax administration is reported to have confirmed that director fees are subject to VAT. This is in line with the Luxembourg VAT law and the position of the European Commission on this matter....more

Ontario Minister of Finance Accepts Recommendations to Amend Credit Union Legislation

Ontario’s Minister of Finance recently announced that the Ontario government will accept the 15 recommendations set out in a legislative review report (Report) to amend Ontario’s credit union legislation, The Credit Unions...more

Ministry of Finance Ready to Party like it’s 1989: Retroactive Changes to Ontario Provincial Land Transfer Tax

On February 18, 2016, the Ministry of Finance filed a new regulation under the Land Transfer Tax Act which purports to be retroactive to July 19, 1989 (O. Reg. 35/16)....more

Ontario Retroactively Eliminates Land Transfer Tax Exemption for REITs, Other Pooled Investment Vehicles

On February 18, 2016, the Ontario Ministry of Finance published retroactive amendments to regulation 70/91 to the Land Transfer Tax Act (Ontario), pursuant to which an acquisition of an interest in a partnership that owns...more

Russian Transfer Pricing in 2016

Dentons’ Tax practice would like to remind you that, for transactions completed in 2015, the notice of controlled transactions must be filed with the tax authority at the taxpayer’s location (place of residence, registration)...more

Tax Newsletter - September/October 2015 (China & Hong Kong)

Welcome to the latest issue of our Tax Newsletter. A number of developments have taken place in the PRC and Hong Kong that could be of legal and tax significance to your businesses. In the PRC, the State...more

The Oman Update - Official Gazette 1115

Ministerial Decisions - Ministry of Interior - Ministerial Decision No. 187/2015 - Setting polling day in the Majlis Al Shura 8th term elections - Issued on 15 September 2015. Effective on the day...more

Dutch Tax Plan 2016

Today, the Dutch Ministry of Finance published its Tax Plan 2016. In fact, the government sent six separate Bills to Parliament (one on 11 September and the other five on 15 September). Hereinafter we will refer to these six...more

Riforma delle Banche Popolari - Le Disposizioni di Attuazione di BKI

Con il decreto legge 24 gennaio 2015 n. 3, entrato in vigore in data 25 gennaio 2015 (il "DL n. 3/2015"), sono state introdotte alcune disposizioni modificative della disciplina delle banche popolari contenuta nel decreto...more

Latest actions of the Polish Ministry of Finance

Recently the Polish Ministry of Finance has presented a new bill introducing amendments to the Tax Ordinance and proposed amendments to the income tax regulations....more

China 20/20: Legal and Regulatory Developments - December 2012

In This Issue: - The Interim Provisions of the Ministry of Commerce for the Equity Contribution of Foreign Invested Companies Released - Decision of the State Council on Revising the "Regulations for the...more

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