Tax Newsletter No 40 - September 2013

In this issue we present the following topics:
• CIT: A new bill on taxation of limited partnerships and partnerships limited by shares
• CIT: Applying CIT Act provisions (concerning payment gridlock) to financial lease agreements
• VAT: General interpretation of the Minister of Finance on tax liability with respect to shipping and transport services
• PIT: Bill proposed by the Ministry of Labour with respect to the Act on Social Insurance
• International tax law: The President signed the agreement on the ratification of tax agreement with Singapore
• International tax law: A protocol amending the Convention for the Avoidance of Double Taxation with Luxembourg entered into force in July
• Other information: Lower rates of default interest on tax arrears from 4 July

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Tax Newsletter No 40 - September 2013