Liechtenstein and Singapore sign preliminary double taxation agreement

Following the successful conclusion of negotiations, delegations from Liechtenstein  and from Singapore have recently initialled a bilateral double taxation agreement  (DTA) between the two countries in the area of taxes on income. According to the Liechtenstein government, the DTA largely follows the Organization   for Economic Cooperation and Development’s Model Convention, offering   an advantageous legal framework [...]

Read more >

Austria Extends Commuter Tax Break

The Austrian government has recently united on plans to extend the existing   commuter tax break, to ensure that the provision is fairer for both part-time   workers and for low-income workers in Austria. Despite calls by the Social Democrats (SPÖ) for the distance-based commuter   tax allowance system to be replaced by a tax deduction, the coalition [...]

Read more >

French Deputies Back Year-End Collective Budget

The French National Assembly has recently adopted during a first reading the country’s  2012 supplementary finance bill, which constitutes a key stage in the government’s  overall plan to strengthen the fight against tax fraud and tax optimization. The third supplementary finance bill for 2012 was adopted by 295 votes to 230. Commenting on the vote, [...]

Read more >