In the beginning of December a draft law containing new transfer pricing rules was presented to the Parliament of Ukraine


President of the Austrian Federal Economic Chamber Christoph Leitl has backed the tax course set by Austrian Vice Chancellor and People’s Party leader Michael Spindelegger, who is against the re-introduction of property taxes in Austria


Germany’s parliamentary mediation committee, containing members of both houses, has not reached a compromise on the tax deal with Switzerland aimed to deal with undeclared German assets held in Swiss banks


Recently the OECD has issued the amended version of the list of jurisdictions that assumed a liability to introduce the international tax standards, but did not substantially implement them yet


After the conclusion of negotiations, Liechtenstein and Singapore initialed a bilateral double taxation agreement in the area of taxes on income


Cypriot parliament approved new austerity measures, including further increases in value-added tax and amending the country's Immovable Property Tax regime


Hong Kong’s Transport and Housing Bureau intends to consider the suggestions made by the Real Estate Developers Association (REDA) when drafting the legislation for the enhanced Special Stamp Duty and introduction of the Buyer's Stamp Duty


Negotiations between Liechtenstein and Austria on a tax deal, aimed to resolve the issue of Austrian citizens’ undeclared bank accounts in the Liechtenstein banks, are being held now


Currently the UK and the Isle of Man are developing a package of measures aimed on fight against tax evasion including an enhanced tax information exchange agreement


Last week the Nordic group of territories (Sweden, Denmark, Norway, Finland, Iceland, Greenland, and the Faroe Islands) signed its 40th tax cooperation agreement. It was agreement with Jamaica

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