FIAA reacted on the notification of the Ministry of Finance on the draft instruction “On Implementing the Agreements on Avoiding Double Taxation and Preventing Fiscal Evasion” by collecting and sharing the suggestions of its members, elaborated in detail by its Tax Committee.
The list of topics addressed in FIAA’s document includes the excess in the purpose of the instruction, the application deadlines, the reference to the Multilateral Instrument and the commentaries, the lack of clarifications in certain cases, lack of clarity in terminology, contract between parties, other requests for documentation, the certificate of residence, the opportunity for consultation of the tax payers, the exchange of information, and the lack of transitory dispositions.
FIAA thanks all members involved in this process, especially the experts active in its Tax Committee for their professional advice and commitment under the leadership of Mrs. Alba Paparisto.