Sema Özbek Yay’s Post

𝐋𝐞𝐱𝐨𝐥𝐨𝐠𝐲 𝐢𝐧-𝐝𝐞𝐩𝐭𝐡: 𝐓𝐚𝐱 𝐃𝐢𝐬𝐩𝐮𝐭𝐞𝐬 𝐚𝐧𝐝 𝐋𝐢𝐭𝐢𝐠𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐁𝐞𝐥𝐠𝐢𝐮𝐦   Caroline Docclo authored the Belgian chapter for the 2024 edition of Lexology in-depth - Tax Disputes and Litigation. This guide provides a practical overview of tax dispute issues across key jurisdictions, with Caroline detailing Belgium's tax dispute resolution framework.   Belgian tax procedures generally do not require fees for engagement with tax authorities or courts. While tax procedures can be slow, administrative resolutions are common through open discussions with tax authorities. Services like the Ruling Commission and the Tax Conciliation Service provide assistance in preventing or resolving disputes.   👉 Read the full article on our website: https://lawand.tax/3xGhhIy #tax #belgium #taxdisputes #litigation #lawandtax

Tax Practitioners - Do Not Miss This! Join Keitumetse Sesana (Tax Technical Specialist at the South African Institute of Taxation (SAIT)) and Professor Deborah Tickle (Member of the Davis Tax Committee) for the most important tax update of 2024. Happening on 8 November 2024 at 10:00 (SA Time). Why attend? ✅ Expert Presenters: Learn from two leading authorities in tax, both deeply involved in tax policy and legislation. ✅ Gain insider insights into the new 2024 tax law. ✅ Be prepared for practical changes that will impact your work and clients. ✅ Understand the legislative process and the key factors influencing the new tax laws. If you are a tax practitioner, this is an essential update session you will not want to miss! Stay ahead and be prepared – register now. https://bit.ly/3YyM6Is #TaxWebinar #TaxUpdates #NationalTreasury #TaxCompliance #TaxProfessionals #CPD #SAIT #TaxAdvice #2024TaxBills

General anti-abuse rules are not the only means by which a tax system responds to tax planning measures. Many rules of international tax law aim to make tax systems ‘manipulation proof’. The international tax world has seen a dramatic increase in the number and variation of anti-avoidance rules in recent decades. During the 30th Viennese Symposium on International Tax Law important and current issues concerning the relation of the different anti-abuse rules to each other were discussed. The information was completed with input received from the symposium and published online. The editors Georg Kofler, Michael Lang, Pasquale Pistone, Alexander Rust, Josef Schuch, Karoline Spies, Claus Staringer, Rita Szudoczky, and the authors thoroughly analyse a specific topic, drawing on the most recent scientific research. Making this a one-of-a-kind book offering a wide-ranging, detailed, and pragmatic analysis of how the full range of anti-abuse rules interacts with tax treaties. 👀 Access the publication directly via https://lnkd.in/dQFF4HAg ℹ Or get more information https://lnkd.in/dpa3UtSH #tax #antiabuse #internationallaw #treaties #legislation

We're seeking remedies for an unlawful tax execution concering a so-called water tax by Romanian local authorities. Read the whole story at: https://lnkd.in/dYwvacpk #CNA #CostasNegru #hardwork #smartcounsel #inspiredrepresentation #watertax #taxprocedure #taxdecision #forcedexecution #unlawfulexecution #communication #opposability

❗ The introduction of the Minimum Tax Rate Act 2024 marks a significant shift in Dutch tax regulations, aligning with the EU Directive 2022/2523. This new legislation imposes stringent information obligations on taxpayers, which are essential for compliance and avoiding potential penalties. This article by Jeffrey S., tax adviser at ABC Accountants & Adviseurs, delves into the critical aspects of these changes, particularly in the realm of Dutch transfer pricing documentation and the allocation of the burden of proof. It offers valuable insights for finance professionals on how to navigate these new requirements effectively. Click to read the full article and gain a deeper understanding of these pivotal tax law changes ⬇️ https://lnkd.in/eYSjT4xM #ETLGLOBAL #TransferPricing #Netherlands

New Income-tax Code: Government has invited suggestions from public for introducing the New Income-tax Code. But the area of suggestions sought is limited to simplification of language, reducing litigation, easing of compliance and identifying obsolete provisions. Surprisingly, government has not sought suggestions on rationalisation of tax structure i.e. substantive provisions levying tax. Does this mean that government is not aimimg to simplify the tax structure. This is very important omission. And this cannot be by oversight. Revision of tax code, without rationalisation of substantive law, will be of no use.

Conditions to be a Qualifying Free Zone Person (QFZP)-reference Free Zone Persons-Corporate Tax Guide | CTGFZP1 To be a QFZP, the Free Zone Person must meet all of the conditions required in the Corporate Tax Law and the implementing decisions, as set out in Sections 3.2.1 to 3.2.8. If a Free Zone Person does not meet all of the conditions, it will no longer be a QFZP and its income will be subject to the standard Corporate Tax rules and rates. A Free Zone Person will be deemed to be a QFZP unless one of the conditions to be a QFZP is not met, or if the QFZP makes an election to be subject to tax. #UAECorporateTax #QFZP #FreeZoneTax #QualifyingIncome #CorporateTaxGuide #TaxCompliance #FreeZoneBusiness #UAERegulations #BusinessTaxUAE #UAEFreeZones

Conditions to be a Qualifying Free Zone Person (QFZP)-reference Free Zone Persons-Corporate Tax Guide | CTGFZP1 To be a QFZP, the Free Zone Person must meet all of the conditions required in the Corporate Tax Law and the implementing decisions, as set out in Sections 3.2.1 to 3.2.8. If a Free Zone Person does not meet all of the conditions, it will no longer be a QFZP and its income will be subject to the standard Corporate Tax rules and rates. A Free Zone Person will be deemed to be a QFZP unless one of the conditions to be a QFZP is not met, or if the QFZP makes an election to be subject to tax. #UAECorporateTax #QFZP #FreeZoneTax #QualifyingIncome #CorporateTaxGuide #TaxCompliance #FreeZoneBusiness #UAERegulations #BusinessTaxUAE #UAEFreeZones

Today we are pleased to present you with our most recent publication: Kofler/Lang/Rust/Owens/Pistone/Schuch/ Spies/Staringer/Szudoczky/Essers/Kemmeren/Öner/Smit (Eds.) "Tax Treaty Case Law around the Globe 2023", Linde Verlag 2024 This book is a unique publication that gives a global overview of international tax disputes on double tax conventions and thereby fills a gap in the area of tax treaty case law. It covers the 29 most important tax treaty cases that were decided around the world in 2022. The systematic structure of each chapter allows for the easy and efficient study and comparison of the various methods adopted for applying and interpreting tax treaties in different cases. This book is of interest to tax practitioners, multinational businesses, policymakers, tax administrators, judges, and academics. You can also still register for this year’s TTCL conference, which is being held at Fiscal Institute Tilburg - Tilburg University and online. If you are interested, please register via this link until May 10: https://lnkd.in/eisZfY7s #taxlawvienna #taxlawwu #taxlaw #wuvienna #institutefortaxlaw #taxtreaty

Tax musings of the weekend… Have you ever wondered what is the difference between a retroactive and a retrospective tax law? Those terms are often used interchangeably but there is in fact be a subtle nuance between the two (although this is not necessarily universally accepted by the courts). Recent examples in the Income Tax Act: 💡 The carving out of leasing companies from the partial exemption regime on interest income in 2020 with the amendment taking effect from 1 January 2019. 💡 The introduction of the Climate Corporate Responsibility levy through the Finance (Miscellaneous Provisions) Act (gazetted on 27 July 2024), with the relevant provisions taking effect from the year of assessment commencing 1 July 2024. Can you guess which is which? One thorny question that is often raised on tax laws having an effect in relation to past events is whether they are constitutional? And if they are, would the answer be different if the law was not amended through an Act of Parliament (for example through ministerial regulations)?