Angola: New Large Taxpayers Regime

Angolan’s Republic Gazette of 1 October 2013 has been recently released thus publishing Presidential Decree no. 147/13, which introduces a new set of rules applicable to large taxpayers in Angola.

In addition to defining a new set of rights and obligations applicable to large taxpayers, this regime also introduces a new group taxation regime and new transfer pricing rules.
I. Large taxpayers
Even though the regime under analysis does not set forth the legal requirements for an […]

By |November 19th, 2013|

Angola: The New Legal Regime Governing Invoices And Equivalent Documents

Angolan’s Republic Gazette of 1 October 2013 has been recently released thus publishing Presidential Decree no. 149/13, which introduces a new set of rules applicable to invoices and equivalent documents to be issued by Angolan taxpayers carrying out commercial or industrial activities.

According to this new regime, which enters into force on 30 November 2013, all onerous transfer of tangible1 and intangible goods and provision of services shall give rise to the issuance of invoices or […]

By |November 19th, 2013|

REIT Regime In India: Draft REIT Regulations Introduced

This hotline analyzes some of the key provisions of the draft REIT Regulations proposed by SEBI.
While SEBI has done a commendable job in drafting the REIT Regulation, the REIT Regime may not take off as contemplated if specific tax treatment / exemptions are not provided to REIT as set out herein;  and
Foreign investment into REITs may not be possible unless amendments to the extant exchange control regulations are carried out.

The Securities and Exchange Board […]

By |November 19th, 2013|