Brazilian President Stresses Arguments For The Unconstitucionality Of Social Contribution Tax To Fgts In Cases Of Unjustified Dismissal

Recently, the Brazilian House of Representatives approved Bill of Law n. 200/2012, from the Senate, which provided for the extinction, after June 2013, of the social contribution tax related with the guarantee fund for working period (“FGTS”) levied on unjustified dismissals and that was created by Complimentary Law n. 110/20011.

However, on June 25th, 2013, President Dilma Rousseff vetoed the referred Bill of Law under the argument that it would be against the public interest, […]

By |August 20th, 2013|

Income Tax Law Draft In Turkey: Projected Some Of Basic Amendments

In order to able to make combine to Income Tax Law (since 1961) and Corporate Tax Law (since 2007) and include both natural persons and corporations, a new income tax law draft was prepared and sent to Turkish Grand Assembly. It was expected to take effect until New Year. In this article, basic amendments are stated shortly.
New Concepts Determinations
Under article 2nd of draft, some notions are explained clearly; minimum wage, child, permanent representative, spouse, […]

By |August 15th, 2013|

The Tax Disputes And Litigation Review – Danish Chapter

I INTRODUCTION
The majority of Danish tax disputes are settled within the administrative complaints system before the Danish National Tax Tribunal, which is an administrative appeals body that hears complaints in direct and indirect tax matters (see Section III, infra).

2012 saw an increasing number of Tribunal complaints, in comparison with an almost 50 per cent reduction over previous years; this rise is most likely a result of intensified tax control within several areas, including money transfers […]

By |August 14th, 2013|