Issue

Date

Subject

2004-24

December 17, 2004

• Mexico: Rules Relating to Research and Development Tax Incentive
• Jamaica: New Companies Act 2004
• Chile: Double Tax Treaty With Russia Is Signed
• Chile: Update on Tax Treaty Network

2004-23

December 14, 2004

• Canada: New Treaty with Belgium Enters into Force
• Canada: "Carrying on Business" in Canada May Lead to Lower Customs Duty
• Mexico: Follow Up Discussion of Certain Measures in Recent Tax Reform Legislation
• Jamaica: Clarification on Tax Treatment of Certain Dividend Income
• Uruguay: Telecommunications Tax on International Long Distance Service Is Repealed
• Argentina: Regulatory Guidance in Connection With Recently Enacted Measures for Promoting the Software Industry

Issue

Date

Subject

2004-22

November 30, 2004

• Argentina: Recent Miscellaneous Tax Developments
• Argentina: Recent Tax Benefits for Taxpayers in the Software Industry
• Colombia: Tax Authority’s Position Regarding Productive Fixed Assets

2004-21

November 17, 2004

• Mexico: Tax Reform Legislation Is Approved

2004-20

November 16, 2004

• Canada: New Requirements for Non-Resident Vendor’s Clearance Certificate
• Trinidad: 2005 Budget Includes Certain Tax Measures, but No Tax Rate Changes

2004-19

November 9, 2004

• Andean Community: Agreement Regarding Certain VAT and Consumption Taxes
• Costa Rica: New Tax Rates, Tax Treatment of Severance Indemnity Payments, Other Developments
• Dominican Republic: Recent Tax Reform
• Venezuela: VAT Exemption for Certain Plastic Imports

Issue

Date

Subject

2004-18

October 6, 2004

• Canada: Proposed Changes to Royalty Reimbursement and Oil & Gas Mutual Fund Rules May Affect Resource Companies
• Mexico: 2005 Tax Reform Bill
• Uruguay-México: Free Commerce Treaty
• Chile: New Tax Treaty with Poland

Issue

Date

Subject

2004-17

September 16, 2004

• Mexico: Tax Legislation Includes Proposed International Tax Changes for 2005
• Panamá: Regulations Under the Law of Industrial Promotion
• Panamá: Tax Base on Cigarette Consumption Selective Tax
• Peru: Tax Authority’s New Requirements for Electronically Issued Airline Tickets
• Venezuela: Reduction in VAT Rates
• Venezuela: Recent Law Repeals the Tax on Entrepreneurial Assets

Issue

Date

Subject

2004-16

August 25, 2004

• Canada: CRA Wants Annual Update of Transfer Pricing Documents
• Mexico: New Tax Treaty with Brazil
• Costa Rica: Administrative Decisions Limit the Effects of the Territoriality Principle
• Colombia: New Procedure Allows Reduction in VAT Withholdings
• Venezuela: Income Tax and VAT Exemptions for Certain Localities
• Uruguay: Recent Tax Rate Changes

Issue

Date

Subject

2004-15

July 30, 2004

• Canada: Withholding Tax Applies to Damages Paid to Non-Resident for Terminating Contract
• Mexico: Webcast Discussion of Supreme Court Decision Allowing Appeal of Administrative Actions Based on Unconstitutional Laws
• Argentina: Regulatory Guidance Under the New Thin Capitalization Rules

2004-14

July 26, 2004

• Mexico: Social Security Totalization Agreement With the United States
• Mexico: Supreme Court Allows Taxpayers to Appeal Administrative Actions That Are Based on Unconstitutional Laws
• Guatemala: Tax Reform Is Effective July 2004
• Costa Rica: Loss Carryforward Provisions in Tax Reform Bill; Court Decision on Statute of Limitations for Bad Debt Write Offs

2004-13

July 12, 2004

• Canada: New Tax Rules Suspend Effects of Internal Foreign Affiliate Sales of Shares and Other Property
• Costa Rica: Update on Tax Reform Bill, Other Developments

Issue

Date

Subject

2004-12

June 17, 2004

• Canada: B.C. Improves International Financial Centre Regime
• Canada: Election 2004 and Tax Policy: Where Do the Federal Parties Stand?

2004-11

June 2, 2004

• Canada: Foreign Corporations in Ontario - Register to Avoid Fines
• Costa Rica: Thin Capitalization and Transparency Rules in Tax Reform Bill; Permanent Establishment Defined
• Argentina: Lowered Rates of Interest on Underpayments of Tax
• Argentina: Tax Credit Again Allowed for Financial Transaction Tax

Issue

Date

Subject

2004-10

May 18, 2004

• Canada: New Canada-U.K. Protocol Enters into Force for 2005
• Canada-Venezuela: Treaty Enters into Force
• Costa Rica: Update on Tax on Alcoholic Beverages, Fuel Tax
• Mexico: New Criteria to Review Transactions Under Income Tax Law

Issue

Date

Subject

2004-09

April 27, 2004

• Canada: Alberta Cuts Corporate Tax Rates
• Mexico: Exemption from Imposition of the Asset Tax
• Mexico-Czech Republic: Instruction on Application of Double Tax Treaty
• Costa Rica: New Tax Reform Package: What Businesses Need to Know
• Panamá: Regulatory Guidance for Withholding of Movable Goods and Services Tax
• Jamaica: 2004/2005 Budget Is Presented

2004-09

April 27, 2004

• Canada: Alberta Cuts Corporate Tax Rates
• Mexico: Exemption from Imposition of the Asset Tax
• Mexico-Czech Republic: Instruction on Application of Double Tax Treaty
• Costa Rica: New Tax Reform Package: What Businesses Need to Know
• Panamá: Regulatory Guidance for Withholding of Movable Goods and Services Tax
• Jamaica: 2004/2005 Budget Is Presented

2004-08

April 13, 2004

• Mexico-United States: Withholding Tax on Dividend Distributions: "Most Favored Nation" Agreement and Possibility for Mutual Agreement Procedure Under the Second Protocol to Mexico-United States Tax Treaty

2004-07

April 6, 2004

• Canada: Nova Scotia Doubles Fees for Unlimited Liability Companies
• Colombia: Report of Recent Court Decisions and Administrative Guidance
• Colombia: Tax Authority Clarifies Income Tax Surcharge
• Brazil: Recent Brazilian Tax Law Changes

Issue

Date

Subject

2004-06

March 23, 2004

• Canada: Finance Minister Delivers 2004 Federal Budget
• Trinidad and Tobago: Tax Developments Included in Finance Act 2004
• Colombia: Rules for Dividends Paid to Foreign Shareholders
• Venezuela: New Reporting Regulations for Transactions with Foreign Related Parties
• Argentina: VAT Relating to Certain Equipment Imports Can Be Paid in Installments

2004-05

March 9, 2004

• Canada: CRA Reviews Withholding Tax Rate for Canadian Partnerships with U.S. Partners
• Canada: Ontario's New Fee for Producers of Residential Recycling Waste
• Dominican Republic: Temporary Levy Is Imposed on Certain Exports
• Uruguay: Overview of Tax Treatment of Mergers and Acquisitions

Issue

Date

Subject

2004-04

February 24, 2004

• Mexico: Review of 2004 Tax Reforms from an International Perspective
• Argentina: New Transfer Pricing Regulations
• Chile: Tax Authority Clarifies Applicability of New Depreciation Regulation for Foreign Investors Under "Legal Invariability Contracts"

2004-03

February 10, 2004

• Canada: New Rules May Complicate Non-Resident Trusts' Tax Withholding on Canadian Rental Income
• Mexico: Miscellaneous Tax and Legal Developments
• Mexico: Income Tax Return Filing Requirements for Individuals
• Costa Rica: Recent Tax Developments
• Jamaica: Update: Changes to the General Consumption Tax Act
• Uruguay: New Administrative Procedures for Claiming Investment Tax Benefits
• Argentina: Extension of Emergency Provisions Under Corporate Law

Issue

Date

Subject

2004-02

January 27, 2004

• Argentina: Registries Established to Process Settlements of Outstanding Government Bonds
• Argentina: Update of Recent Tax Treaty Ratifications Relating to Transportation
• Chile: New Intellectual Property Law
• Jamaica: Changes to General Consumption Tax; Other Developments

2004-01

January 13, 2004

• Canada: New Policy for Withholding Tax on Non-Resident Directors' Fees
• Canada: CCRA to Enforce Penalty for Late-Filed Notice of Canadian Property Disposition
• Mexico: Tax Changes for 2004
• Colombia: Overview of Recently Enacted Tax Reform Measures Principally Affecting Foreign Investors
• Colombia: Recently Enacted Tax Reform Measures in Table Format
• Peru-Chile: Double Taxation Agreement Enters Into Force

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