nc

Tax-News.com: Netherlands Announces Tax 'Blacklist'

On December 28, 2018, the Dutch Government published in the Official Gazette a list of 21 low-tax jurisdictions. Companies doing business in these territories will face new anti-avoidance measures, intended to tackle tax base erosion and profit shifting.




nc

Tax-News.com: HMRC Releases Final Guidance On Loan Charge Review

The UK tax agency HM Revenue and Customs has released guidance for taxpayers affected by the Loan Charge.




nc

Tax-News.com: US IRS Updates Virtual Currency FAQs

The United States Internal Revenue Service has recently updated its list of frequently asked questions and answers on the tax treatment of transactions involving virtual currencies.




nc

Tax-News.com: EU To Soon Launch Tax And Trade Talks With UK

The European Commission has taken the first step toward negotiating a new relationship with the UK by issuing a recommendation to the European Council that the talks should commence.




nc

Tax-News.com: Hong Kong Announces Tax Credit Handout In 2020 Budget

Hong Kong's 2020 Budget includes plans for a one-off reduction of profits tax, salaries tax, and tax under personal assessment.




nc

Tax-News.com: Germany Issues Draft Guidance On DAC6

On March 2, 2020, the German Ministry of Finance released a draft discussion document on new rules implementing the sixth European Union Directive on Administrative Cooperation, under which intermediaries are obligated to report certain tax planning schemes.




nc

Tax-News.com: OECD Releases Cross-Border Int'l Tax Guidance On COVID-19 Issues

The OECD has released guidance for national policymakers on the impact of COVID-19 on the treatment of cross-border workers and the interpretation of international tax treaty rules.




nc

Tax-News.com: Italy Announces Further COVID-19 Tax Measures

On April 6, 2020, Italy's Council of Ministers announced further measures to support taxpayers affected by the COVID-19 virus, including the postponement of value-added tax, social security, and wage withholding payment deadlines.




nc

Tax-News.com: Switzerland Has Improved Adherence With Tax Transparency Standards

The OECD's Global Forum has found Switzerland largely compliant with the international standards on transparency and the exchange of information upon request.




nc

Tax-News.com: COVID-19: Bolivia Announces Filing, Payment Deferrals

Bolivia has announced a number of filing and payment extensions for taxpayers, in response to the COVID-19 outbreak.




nc

Tax-News.com: Netherlands Publishes Guidance On BEPS MLI

On April 6, 2020, the Dutch Ministry of Finance published guidance material on the application of the BEPS Multilateral Instrument and its effect on Dutch tax treaties.




nc

Tax-News.com: Malta Issues Payroll Tax Guidance On COVID-19 Wage Supplement

On April 4, 2020, Malta released payroll tax-related guidance for employers on the Government's responses to the COVID-19 epidemic.




nc

Tax-News.com: Chile Announces COVID-19 Tax Package

The Chilean President Sebastian Pinera has announced a number of tax relief measures for businesses and individuals impacted by COVID-19.




nc

Tax-News.com: UK Digital Tax Guidance Needed On Scope, Liability: CIOT

The Chartered Institute of Taxation has called on the UK Government to clarify questions remaining about the UK's Digital Services Tax, which became effective this month.




nc

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.




nc

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.




nc

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.




nc

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.




nc

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.




nc

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.




nc

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.




nc

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.




nc

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.




nc

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.




nc

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.




nc

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.




nc

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).




nc

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.




nc

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.




nc

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.




nc

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.




nc

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.




nc

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.




nc

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.




nc

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.




nc

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.




nc

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.




nc

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.




nc

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.




nc

Does Diet Affect Your Life Expectancy?

Watch out, the food you eat can affect your longevity. Eating a rich diet after following a restricted diet plan can affect your overall health, thereby




nc

Sugary Drinks Cause Lipid Imbalance, Which Raises CVD Risk

Drinking 12 ounces of sugary drinks more than once a day is associated with lower levels of high-density lipoprotein cholesterol (HDL-C) or good cholesterol,




nc

Best Preoperative Definitions of Malnutrition Do Not Apply Equally to All Cancers

Best preoperative definition of cancer-related malnutrition may depend on the type of cancer the patient has, reports a new study. The findings of the




nc

High Sugar Diet Impairs Maternal Care After Pregnancy

In a study involving rats, a high sugar diet during pregnancy altered levels of sex steroid hormones (e.g. progesterone) and dopamine in their brains,




nc

Drinking Coffee May Not Enhance Your Creativity: Study

Caffeine may raise your ability to problem-solve, but it won't boost your creativity, reports a new study. The findings of the study are published in the journal iConsciousness and Cognition/i.




nc

Age-related Muscle Loss Reduced By A More Balanced Protein Intake

Senior citizens can preserve muscle mass by consuming more protein at breakfast or lunchtime. The body's mechanisms for producing new muscle require




nc

Unconscious Food Impulses may Make Bariatric Surgery Less Effective for Extreme Obesity: Study

Unconscious food cravings were found to make bariatric surgery less effective for extreme obesity, stated new research that was accepted for presentation




nc

Mediterranean Diet Helps Preserve Cognitive Function

Mediterranean-rich diet was found to correlate with higher cognitive function, said researchers at the National Eye Institute (NEI), part of the National




nc

Coffee Influences Our Sense of Taste

Drinking coffee makes your taste buds more sensitive to sweetness, reports a new study. The findings of the study are published in the journal iFoods/i.




nc

Taurine Deficiency in Sperm Causes Male Infertility

A new cell volume regulator in sperm cells that plays a key role in maintaining their shape and fertility has been uncovered by researchers at the University of Tsukuba and Cornell University.




nc

Unsafe Sex may Increase Due to Alcohol and Marijuana Use

Alcohol and marijuana, when used separately or combined, increase the risk of condomless sex among young adults, a new study finds. bThis increased