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eCIAT ISSN 1684-9833 • Year 6 / No. 6 / March , 2014

Infotmation

The Executive Secretariat Informs Course on Double Tax Treaties The Course on Double Tax Treaties was taught on March 10 to 14, in Panama City, Panama, organized by the UN in collaboration with CIAT.

CIAT General Assembly Brazil, 2014

The Executive Secretariat Informs Course on Double Tax Treaties Call for contributions of articles for the – 37th Edition CIAT/AEAT/IEF Tax Administration Review The Tax Administrations Inform Argentina - and Switzerland signed a new agreement to avoid double taxation Argentina - Added Thailand to its network of agreements to achieve a secure and transparent trade

The course aimed to present the main principles and provisions described in the revised version of the 2011 Model Double Taxation Convention of the UN, highlighting the similarities and differences between this model and the Model Tax Convention on Income and on Capital of the OECD. The panel of speakers for this course was composed by Brian Arnold and Hugh Ault, Professors in Tax Law and International Taxation respectively, and the regional experts Enrique Bolado Muñoz (SHCP of Mexico), Galo Antonio Maldonado López (SRI of Ecuador) and Alvaro Romano (DGI of Uruguay).

The course was attended by officials from the Ministries of Economy and Finance and Tax Administrations from sixteen (16) Latin American and Caribbean countries: Argentina, Bolivia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Suriname, Trinidad and Tobago and Uruguay.

Bolivia - The SIN collected Bs 6,874,000 and VAT consolidates 23% increase in February 2014 Colombia - DIAN implements electronic computer service for Customs Mexico - and South Korea sign a mutual recognition agreement on customs matters Peru - Central government tax revenue increase 5.5% in February Peru – An effective reduction of the withholding tax rate from 6% to 3% enters into force IBFD News Training Post of the Month Our Documents Course Participants

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Call for contributions of articles for the – 37th Edition CIAT/AEAT/IEF Tax Administration Review The deadline to receive articles is on April 30

LAs you may know the CIAT, jointly with the State Agency for Tax Administration and the Institute for Fiscal Studies, both from Spain, semiannually publishes the CIAT/AEAT/IEF Tax Administration Review, in order to serves as mean of expression of the different tax approaches in Latin America and Europe.

We invite you to CIATalks, the space provided by CIAT. Read the posts, give your opinion and actively participate

We are pleased to invite all MyCiat community to send contributions of articles for the 37th Edition.

We are looking for articles to generate an opportunity for dialogue, not only with the readers, but also through discussions with the Editorial Board and specialists to whom the proposals are submitted for review.

CIAT is a public international organization which groups the tax administrations of 38 countries, (31 Amarican countries, 5 European countries, 1 African countries and 1 Asian country. India is an associate members), for the purpose of providing an integral service for the modernization of those administrations, by promoting their evolution, social acceptance and consolidation through the exchange of knowledge, experiences and the rendering of specialized technical assistance.

Executive Council Executive Secretariat The e-CIAT Newsletter is published and distributed electronically biweekly.

Register

Contact us: CIAT Executive Secretariat / e-CIAT Newsletter P.O. Box 0834-02129 Panama, Republic of Panama.

Phone (507) 265-2766 / 265-5994 Fax: (507) 264-4926 E mail:ciat@ciat.org Web Site: http://www.ciat.org

The acceptance of articles for publication shall be based on their technical quality, originality and relevance to the actions for tax administrations and policy making. We want to also promote articles that are a result of cooperation between tax administrators, and other organizations or countries. In equal conditions, preference will be given to the following topics: Service to the taxpayer, methodologies, information technology, organization and strategy, legal framework and tax policy. Other topics duly justified by the author shall be considered.

The delivery deadline expires on April 30, 2014.

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The Tax Administrations Inform

Argentina - and Switzerland signed a new agreement to avoid double taxation The Federal Administrator of Public Revenue, Ricardo Echegaray, on behalf of the Government, and the Secretary of State for International Financial Affairs of the Swiss Confederation, Jacques de Watteville, signed today a new agreement to avoid double taxation between the two states.

In the meeting, which was held at the Ministry of Finance of Switzerland participated Bastian Francois, head of Bilateral Tax Section Christoph Schelling, head of the Division of Taxation; Pierre Nikolic, of the State Secretariat for International Financial Affairs; Giancarlo Kessler, head of the Division of Sectorial Foreign Policy.

Lina Silvana Anllo Correspondent

Argentina - Added Thailand to its network of agreements to achieve a secure and transparent trade Argentina, through the Federal Administration of Public Revenue (AFIP), signed an agreement on mutual assistance in customs matters with the Kingdom of Thailand. The agreement was signed by the Head of the AFIP, Ricardo Echegaray and the director of the Customs Department Thai Rakop Srisupaat, with the aim of preserving the economic, fiscal and commercial interests of the two countries.

This agreement signed on taxation and Customs is a very important step towards the information exchange agreements network.

Lina Silvana Anllo Correspondentl

Bolivia - The SIN collected Bs 6,874,000 and VAT consolidates 23% increase in February 2014 The National Tax Service (SIN) collected B 6,874 million until February of this year, this amount represents an aggregate increase of 4% compared to the same period in 2013. During this period a steady increase in Value Added Tax (VAT) of 23% was observed, reflecting the ongoing monitoring and oversight in issuing invoices to businesses, which envisions sustained growth in revenues in the coming months.

The CEO of the SIN, Erik Ariñez Bazán, explained that in the first two months of 2014, Bs additional 282.2 million were collected compared to the same period in 2013.

Juana Patricia Jiménez Soto Correspondent

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Colombia - DIAN implements electronic computer service for Customs The National Taxes and Customs Directorate (DIAN) has implemented the computer service Registry, authorizations and certifications - People Management with the main objective to link and/or unlink to the DIAN customs agents, customs representatives and auxiliary customs agents interacting in foreign trade operations.

RubĂŠn DarĂ­o Pineda Correspondent

Mexico - and South Korea sign a mutual recognition agreement on customs matters The Ministry of Finance, through the Tax Administration Service and Customs authorities of the government of South Korea signed a Mutual Recognition Agreement, as part of its commitments to the World Customs Organization.

Through this agreement, the process to ensure that Korea recognizes companies certified by the New Scheme Certified Companies (NEEC) as trusted security companies progresses, while Mexico recognizes companies that the Korean government certifies with its Authorized Economic Operator Program.

Adrian Guarneros Correspondent

Peru - Central government tax revenue increase 5.5% in February The Central Government Tax Revenues increased S/. 6 785 Million in February, S /. 590 million higher than the results recorded in February last year.

Internal tax collection increased by 12.3% in real terms, confirming the growth trend observed in January where a growth of 7.3% was obtained.

Clara Urteaga Correspondent

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Peru – An effective reduction of the withholding tax rate from 6% to 3% enters into force From March 1, the VAT retention rate was reduced from 6% to 3%, favoring taxpayers who will have more cash for their business, as ordered by the National Customs and Tax Administration (SUNAT) by Superintendence Resolution No. 033-2014, published in late January.

This regimen applies to providers withholding agents, previously appointed by the collecting agency, who retain a tax rate (which now is 3%) when performing operations, thus promoting the formalization of certain sectors of the national economy in the marketing chain..

Clara Urteaga Correspondent

IBFD News International Bureau of Fiscal Documentation (IBFD) Cooperation - CIAT - IBF

This section includes a selection of the IBFD news about aspects of tax policies and tax administration. This information is available on the CIAT website and in Fridays Tax News alert.

Training As part of our commitment to support the human talent development within the TAs, we have started the registration process for the courses that begin in the first half of 2014, please find here the general information for each of the available programs.

Last days to register in the Course on Information Exchange 2nd. The course will be offered in Spanish.

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Post of the Month 16 March 2014

Written by: RaĂşl Zambrano Debate in Rio (ii) The fist day of the next General Assembly will be focused in electronic documentation.

Our Documents 2013 Publications

Inter-American Center of Tax Administrations (CIAT) January, 2014 The CIAT, aiming to provide an even better and more qualified service to its member countries, makes available its 2013 publications in order to highlight our work for this period.