The European Commission has published a Communication on the work of the European Union Joint Transfer Pricing Forum (JTPF) covering the period from July 2010 to June 2012


September 21, 2012 Singapore and the Isle of Man signed an Agreement for the avoidance of double taxation


The Russian Duma’s Сommittee on the civil, criminal, arbitrage and procedure legislation has published the amended text of the New Russian Civil Code prepared for the second reading, which was initially presented in April 2012


In the Letter as of 24.08.2012 № OA-3-13/3067@ the Federal Tax Authority of Russia has clarified how individuals can obtain the certificate confirming the status of the Russian Federation’s tax resident


Recently Switzerland and the Czech Republic have signed a Protocol amending the existing double taxation agreement between two countries.


Switzerland rejected to enter into any further negotiations with Germany in order to save the current version of tax agreement between two countries, which may be blocked by opposition parties of German parliament.


Recently the UK government has announced the new reduced auditing and reporting rules that could save millions of pounds in businesses’ administration costs.


The new chief executive of Barclays bank Antony Jenkins and the head of the banks’ investment department Rich Ricci expressed the intention to close down the bank’s tax planning unit.


Russian Duma’s Committee on CIS matters has recommended Duma to consider the bill ratifying the Agreement for prevention of money laundering through transferring money across the Customs Union border.


Panama has adopted amendment to transfer pricing rules on transactions with foreign related parties.


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