news

Tax-News.com: Poland Extends TP Documentation Deadlines In COVID-19 Response

On April 17, 2020, the President of Poland signed legislation into law to extend transfer pricing documentation deadlines, as part of a package of additional COVID-19 economic support measures.




news

Tax-News.com: Dutch Report On Reforming Tax Rules For Multinationals Published

On April 15, 2020, a government-commissioned report on the taxation of multinationals was submitted to the State Secretary of Finance recommending various changes to make the Dutch tax system fairer while maintaining the jurisdiction's tax competitiveness.




news

Tax-News.com: Brazil Waives Duties On COVID-19-Related Imports

Brazil's tax agency announced import tax cuts for certain items needed to tackle COVID-19.




news

Tax-News.com: Hong Kong Releases New Guidance On Advance Rulings

Hong Kong has updated its guidance on advance rulings, to reflect changes to Hong Kong's practices as a result of its efforts to comply with the OECD's minimum standards proposed as part of the base erosion and profit shifting (BEPS) Action Plan.




news

Tax-News.com: Irish Revenue Issues Guidance On COVID-19 Corporate Tax Return Deferral

The Irish Revenue has updated its guidance on the impact on relief claims of the late filing of corporate tax returns, in the context of the coronavirus pandemic.




news

Tax-News.com: South Africa Details New COVID-19 Tax Measures

On April 23, 2020, the National Treasury of South Africa provided further details of the additional COVID-19 tax support measures first announced by President Cyril Ramaphosa on April 21.




news

Tax-News.com: Ireland Tweaks Eligibility Rules For COVID-19 Wage Subsidy Program

The Irish Revenue has announced that it will allow access to the Temporary Wage Subsidy Scheme for certain employers who missed the March 15 payroll deadline.




news

Tax-News.com: German EU Presidency Will Focus On Tax Issues: Merkel

On April 25, 2020, German Chancellor Angela Merkel said that Germany would attempt to seek agreement on a financial transaction tax and a minimum corporate tax when it assumes the presidency of the European Union in July 2020.




news

Tax-News.com: Germany Explains COVID-19 Tax Refunds

On April 23, 2020, the German Ministry of Finance confirmed that taxpayers suffering from liquidity problems due to COVID-19 can apply for a refund of advance tax payments made in 2019.




news

Tax-News.com: COVID-19: UAE Extends VAT Deadline From April To May 2020

The United Arab Emirates' Federal Tax Authority has announced changes to value-added tax filing and payment deadlines, for tax periods that ended on March 31.




news

Tax-News.com: OECD Schedules BEPS Webcast For Early May

The OECD has scheduled a new Tax Talks webcast to update stakeholders on its work on the reform of international tax rules for the digitalized economy.




news

Tax-News.com: COVID-19: Belgium Extends Corporate Tax Return Deadline

On April 29, 2020, the Belgian tax authority announced changes to the deadline for the submission of annual corporate tax declarations due to the COVID-19 crisis.




news

Tax-News.com: French Parliament Votes Through Digital Tax

On July 11, 2019, France's proposed digital services tax received parliamentary approval, following approval also from the Senate.




news

Tax-News.com: G7 Backs OECD In Push For Global Digital Tax Response

G7 finance ministers have said that there is an urgent need to address the tax challenges posed by the digitalization of the economy.




news

Tax-News.com: IRS Clarifies FTC Rules For French Social Taxes

On July 19, 2019, the United States Internal Revenue Service updated its webpage on foreign tax credits to clarify that it will not challenge foreign tax credit claims involving certain French taxes.




news

Tax-News.com: USTR Stages Hearing On French Digital Tax Response

On August 19, 2019, the Office of the United States Trade Representative held an off-camera public hearing on France's recently introduced digital services tax, attended by three major technology firms.




news

Tax-News.com: US And France Nearing Digital Tax Compromise

The Governments of France and the United States are reportedly close to settling a dispute surrounding France's digital services tax.




news

Tax-News.com: Poland Said To Have Ditched Plans For Digital Tax

According to a recent comment by United States Vice President Mike Pence, the Polish Government has decided not to proceed with a national digital services tax.




news

Tax-News.com: France To Introduce VAT Requirements For Online Marketplaces

On September 23, 2019, the French Government outlined a number of measures that will be included in the 2020 Finance Law to ensure the payment of value-added tax on items bought by French residents from online marketplaces.




news

Tax-News.com: Ireland Had EU's Lowest Tax-To-GDP Burden In 2018: Eurostat

The overall tax burden in the European Union relative to GDP rose slightly in 2018, to 40.3 percent, the Eurostat has announced.




news

Tax-News.com: Nine EU Finance Ministers Call For Green Tax On Aviation

Nine EU member states have called on the European Commission to draw up proposals for an EU-wide aviation tax.




news

Tax-News.com: Luxembourg Approves Update To French DTA

On November 15, 2019, Luxembourg's Council of Ministers approved a protocol to the 2018 double tax treaty with France, making changes to the way cross-border workers are taxed.




news

Tax-News.com: US Considers Retaliation Against French Digital Services Tax

The United States may impose additional duties of up to 100 percent on certain French products in retaliation for France's digital services tax, which a newly published report by the US Trade Representative has concluded discriminates against certain US companies.




news

Tax-News.com: Germany Presents Text For EU Financial Transactions Tax

German Finance Minister Olaf Scholz has presented a final proposal for a European Union financial transactions tax to the 10 member states participating in the initiative.




news

Tax-News.com: USTR Holds Public Hearing On French Digital Tax

On January 6, 2020, the United States Trade Representative (USTR) announced that an on-the-record but off-camera public hearing would be held on January 7 on proposed action against France's digital services tax (DST).




news

Tax-News.com: France And US Seek End To Digital Tax Dispute

According to French Finance Minister Bruno Le Maire, France and the United States will in the next two weeks attempt to reach a compromise over their ongoing dispute regarding France's new digital services tax.




news

Tax-News.com: France Updates Tax Blacklist

On January 6, 2019, a decree was published in the French Official Journal to modify the list of non-cooperative states and territories in tax matters.




news

Tax-News.com: Norway Ready To Implement Digital Tax

Norway's Minister of Finance, Siv Jensen, has said that Norway will adopt a national digital services tax if negotiations towards an international digital tax framework fail to materialize this year.




news

Tax-News.com: UK Steadfast On Digital Services Tax Plans

The UK Chancellor, Sajid Javid, has said the UK intends to push ahead with the introduction of a digital services tax from April 2020, despite warnings from the US that it would consider tariffs on UK-made goods.




news

Tax-News.com: France Confirms Digital Tax Delay

On January 22, 2020, French Finance Minister Bruno Le Maire confirmed that France will suspend collection of its digital services tax this year to prevent the United States from applying retaliatory tariffs on a range of French goods.




news

Tax-News.com: EU Financial Transactions Tax Agreement Close, Says Scholz

German Finance Minister Olaf Scholz has said he is confident that an agreement can be reached on a European Union financial transactions tax.




news

Tax-News.com: Many EU States Tardy In Adopting Anti-Tax Avoidance Directives

On January 24, 2020, the European Commission issued formal notices to numerous European Union member states with regards to lapses in the implementation of various EU anti-tax avoidance directives.




news

Tax-News.com: EU Member States Slow To Implement VAT Quick Fixes

The European Commission has launched infringement proceedings against 14 member states for failing to implement the so-called value-added tax quick fixes.




news

Tax-News.com: Austria Rejects German Financial Transactions Tax Plan

Austrian Chancellor Sebastian Kurz has said that Austria does not agree with new German proposals for a European financial transactions tax.




news

Tax-News.com: France Confirms Postponement Of DST Payments

France's Directorate General of Public Finance confirmed in a statement issued on February 10, 2020, that companies liable for the country's digital services tax can delay payment of upcoming installments of the tax until December 2020.




news

Tax-News.com: Austria May Pull Out Of European Financial Transactions Tax Talks

On February 19, 2020, German Finance Minister Olaf Scholz issued a statement to say that he remains "committed" to the introduction of a financial transactions tax at European Union level along the same lines as that proposed by the German Government last month, despite opposition from within the EU, notably from Austria.




news

Tax-News.com: EU Finance Ministers Issue Joint Statement On Digital Taxation

The finance ministers of France, Germany, Italy, and Spain have put their names to a statement calling for countries to reach an agreement on solving the tax challenges of the digital economy by the end of 2020.




news

Tax-News.com: France Announces Tax Support Measures For Businesses

The French General Directorate of Public Finance has announced that companies and self-employed taxpayers will be able to postpone without penalty upcoming tax payments due to the public health emergency.




news

Tax-News.com: Coronavirus Won't Delay Digital Tax Work, OECD Says

The OECD has said that it is continuing to forge ahead with the development of new international tax rules for the digitalized economy.




news

Tax-News.com: France Confirms No Changes To VAT Rules Amid COVID-19

In a set of frequently asked questions and answers clarifying recent changes to tax obligations as a result of the COVID-19 virus, the French tax authority stressed that tax payment relief does not extend to value-added tax.




news

Tax-News.com: OECD Releases Seven Dispute Resolution Peer Review Reports

The OECD has released new stage two peer reviews on seven countries' implementation of the BEPS Action 14 minimum standard, on improving tax dispute resolution, covering Austria, France, Germany, Italy, Liechtenstein, Luxembourg, and Sweden.




news

Tax-News.com: France Announces Extra COVID-19 Tax Support For Hit Industries

On April 24, 2020, the French Government announced that it has decided to extend tax and other financial support to companies in sectors most affected by the COVID-19 lockdown measures, including catering, tourism, events, sports, and cultural activities.




news

News Release: Kenya’s Tana River Basin Could See a More than 40 Percent Increase in Rainfall Due to Climate Change

The good news is tempered with bad, however, as the study indicates that extreme climate events, especially flooding, will also increase.




news

TheNews.com.pk: The agriculture challenge

Bringing innovative solutions to the growers and helping them achieve sustainable farming is the only option for coping with the challenges of today’s agriculture sector




news

GhanaNewsAgency.org: Six districts to benefit from GIZ project

Wa, (UWR), Feb. 06, GNA – The German Development Cooperation (GIZ) has earmarked 18 communities in six districts in the Savanna Ecological Zone (SEZ) to pilot the Resilience Against Climate Change (REACH) project.




news

IpsNews.net: World Drains Away Valuable Energy, Nutrients & Water in Fast-Growing Wastewater Streams

Furthermore, wastewater volumes are increasing quickly, with a projected rise of roughly 24% by 2030, 51% by 2050.




news

News Trust: Fears over handwashing in Africa to stem coronavirus seen as trigger for change

"In the water sector we always say 'Don't waste a good crisis'," said Inga Jacobs-Mata, the South African representative from non-profit research group the International Water Management Institute (IWMI).




news

TheNews.com.pk: With Kabul River flows controversy

Is joint management of Kabul River by Pakistan and Afghanistan possible as the orphan river finds few takers?




news

IpsNews.net: World Drains Away Valuable Energy, Nutrients & Water in Fast-Growing Wastewater Streams

Furthermore, wastewater volumes are increasing quickly, with a projected rise of roughly 24% by 2030, 51% by 2050.




news

News Trust: Fears over handwashing in Africa to stem coronavirus seen as trigger for change

"In the water sector we always say 'Don't waste a good crisis'," said Inga Jacobs-Mata, the South African representative from non-profit research group the International Water Management Institute (IWMI).