ge Tax-News.com: UK Explains BEPS Changes To Luxembourg DTA By www.tax-news.com Published On :: Fri, 8 Nov 2019 00:00:00 GMT On November 5, 2019, the UK Government released the synthesized text of the Luxembourg-UK double tax agreement, as modified by the BEPS multilateral instrument. Full Article
ge Tax-News.com: BEPS Changes Effective For UK-Belgium Double Tax Deal By www.tax-news.com Published On :: Wed, 15 Jan 2020 00:00:00 GMT The UK Government on January 10, 2020, released the synthesized text of the 1987 Belgium-UK double tax agreement, as modified by the BEPS multilateral instrument. Full Article
ge Tax-News.com: German Businesses Call For 25pc Corporate Tax Rate By www.tax-news.com Published On :: Thu, 6 Feb 2020 00:00:00 GMT The Federal Association of German Industry, the BDI, has urged the German government to forge ahead with corporate tax reforms, warning that Germany's corporate tax regime is becoming increasingly out of step with the country's competitors. Full Article
ge Tax-News.com: UK Announces Plastics Tax, Business Rates Relief In 2020 Budget By www.tax-news.com Published On :: Tue, 17 Mar 2020 00:00:00 GMT The UK's 2020 Budget, released on March 11, 2020, includes proposals to waive business rates on small retailers, to introduce a new tax on plastics, and to remove value-added tax on electronic publications. Full Article
ge Tax-News.com: Germany Relaxes Tax Payment Rules By www.tax-news.com Published On :: Tue, 17 Mar 2020 00:00:00 GMT On March 13, 2020, the German Ministry of Finance announced the relaxation of certain tax payment requirements as part of a package of measures designed to ease the economic impact of the COVID-19 virus. Full Article
ge Tax-News.com: COVID-19: Germany Allowing Businesses To Defer Taxes By www.tax-news.com Published On :: Mon, 30 Mar 2020 00:00:00 GMT The German Ministry of Finance has adopted a circular including various tax relief measures for businesses affected by the coronavirus outbreak. Full Article
ge Tax-News.com: Argentina Announces COVID-19 Tax Concessions By www.tax-news.com Published On :: Wed, 15 Apr 2020 00:00:00 GMT The Argentine Government has announced a number of tax-related measures in response to the COVID-19 pandemic. Full Article
ge Tax-News.com: Saint Kitts And Nevis Announces Another 'Tax-Free' Budget By www.tax-news.com Published On :: Tue, 31 Dec 2019 00:00:00 GMT The Prime Minister of St Kitts and Nevis and Minister of Finance, Timothy Harris, delivered a "tax-free Budget" on December 12, 2019. Full Article
ge Tax-News.com: Tax Extenders Passed In US Spending Package By www.tax-news.com Published On :: Mon, 23 Dec 2019 00:00:00 GMT On December 17, 2019, the United States House of Representatives passed a year-end spending package, which includes legislation extending numerous expired and expiring tax provisions, and repealing certain taxes introduced to help fund the Obamacare health care reforms. Full Article
ge Tax-News.com: Democrat Bill Targets GILTI High-Tax Exclusion By www.tax-news.com Published On :: Thu, 20 Feb 2020 00:00:00 GMT Democrats in the United States Senate have introduced a bill that would block proposals to introduce a "high-tax exemption" to the Global Intangible Low-Tax Income regime. Full Article
ge Tax-News.com: US Senate Passes 'Phase Three' COVID-19 Aid Package By www.tax-news.com Published On :: Mon, 30 Mar 2020 00:00:00 GMT On March 25, 2020, the United States Senate overwhelmingly approved the Coronavirus Aid, Relief, and Economic Security Act, which represents the third package of financial aid measures to businesses and individuals affected by the coronavirus crisis and which includes numerous tax provisions to support businesses. Full Article
ge Tax-News.com: US Agrees To Exchange CbC Reports With Spain By www.tax-news.com Published On :: Thu, 28 Dec 2017 00:00:00 GMT In a recent update, the Internal Revenue Service has announced that it has agreed a bilateral competent authority agreement with authorities in Spain to exchange country-by-country reports. Full Article
ge Tax-News.com: Tax Agencies To Discuss TP Proactively With Willing MNEs By www.tax-news.com Published On :: Wed, 7 Feb 2018 00:00:00 GMT The OECD has recently launched a new program – the International Compliance Assurance Programme – being spearhead by the Forum on Tax Administration that is aimed at providing assurance to multinationals with regards to their transfer pricing affairs. Full Article
ge Tax-News.com: HMRC Focusing On Image Rights Tax Avoidance By www.tax-news.com Published On :: Mon, 29 Oct 2018 00:00:00 GMT The UK tax agency has confirmed that it is investigating around 170 professional soccer players' tax affairs and around 20 football clubs, focusing on the taxation of image rights. Full Article
ge Tax-News.com: US Companies Urge Senate To Approve Tax Treaties By www.tax-news.com Published On :: Fri, 10 May 2019 00:00:00 GMT In a letter published on April 29, 2019, the United States National Foreign Trade Council urged the Senate to approve several pending double tax avoidance treaties. Full Article
ge Tax-News.com: US Senate Approves Changes To Four Double Tax Pacts By www.tax-news.com Published On :: Thu, 25 Jul 2019 00:00:00 GMT The United States Senate has approved protocols to four existing bilateral double tax avoidance treaties that have been pending in the chamber for as much as a decade. Full Article
ge Tax-News.com: IoM To Enhance BO Info Exchange With UK By www.tax-news.com Published On :: Thu, 14 Apr 2016 00:00:00 GMT The Isle of Man Government has committed to enhancing the effectiveness of arrangements to share "beneficial ownership" information with the United Kingdom. Full Article
ge Tax-News.com: International Support For Beneficial Ownership Info Exchange By www.tax-news.com Published On :: Wed, 27 Apr 2016 00:00:00 GMT More than 20 jurisdictions have signed up to a pilot project to exchange data held on beneficial ownership registers and registers of trusts, according to UK Chancellor George Osborne. Full Article
ge Tax-News.com: IoM Budget Includes Plan For Bank Tax By www.tax-news.com Published On :: Thu, 22 Feb 2018 00:00:00 GMT The Isle of Man's 2018 Budget maintains the zero percent company tax rate, and announces a banking tax review, which will look at taxing all banking profits at the 10 percent rate from next year. Full Article
ge Tax-News.com: Australian Regulator Flags Important Accounting Standard Changes By www.tax-news.com Published On :: Fri, 7 Dec 2018 00:00:00 GMT The Australian Securities and Investments Commission has highlighted the significant impact that recent accounting standard changes will have for financial reports that must be prepared for the year to December 31, 2018, and second quarter reports. Full Article
ge Tax-News.com: Australia Explains Tax Disclosure Obligation On Largest Firms By www.tax-news.com Published On :: Tue, 12 Feb 2019 00:00:00 GMT The Australian Taxation Office has issued an e-brief on how companies can assess if they are required to submit a reportable tax position schedule. Full Article
ge Tax-News.com: Australia Brings Forward Personal Income Tax Reform In 2019 Budget By www.tax-news.com Published On :: Fri, 5 Apr 2019 00:00:00 GMT Australian Treasurer Josh Frydenberg has announced that the Government will bring forward the start date for its package of income tax cuts. Full Article
ge Tax-News.com: Exporters Urge Int'l Reform To Simplify VAT Compliance By www.tax-news.com Published On :: Fri, 20 Sep 2019 00:00:00 GMT The International Chamber of Commerce has warned that micro-, small-, and medium-sized businesses' growth prospects are being stymied by complex indirect tax regimes. It has released an issues brief that is intended to contribute towards international reform talks being led by the World Trade Organization. Full Article
ge Tax-News.com: Australian Tax Changes For Self-Managed Super Funds Effective By www.tax-news.com Published On :: Fri, 11 Oct 2019 00:00:00 GMT Australia has enacted new integrity measures included in the Treasury Laws Amendment (2018 Superannuation Measures No. 1) Bill 2019 affecting self-managed super funds. Full Article
ge Tax-News.com: Australia Announces CbC Reporting Changes By www.tax-news.com Published On :: Thu, 20 Feb 2020 00:00:00 GMT The Australian Taxation Office has announced changes to its CbC reporting system following feedback from multinational groups. Full Article
ge Tax-News.com: Ireland Issues E-Brief On Mergers And Divisions By www.tax-news.com Published On :: Thu, 22 Aug 2019 00:00:00 GMT The Irish Revenue has published guidance on the tax compliance obligations that arise from mergers and divisions. Full Article
ge Tax-News.com: Ireland Sets Out Plans For Transfer Pricing Regime Changes By www.tax-news.com Published On :: Thu, 5 Sep 2019 00:00:00 GMT Ireland has released a responses document on an ongoing consultation on an update to the country's transfer pricing rules. Full Article
ge Tax-News.com: Apple's Irish Tax Ruling Appeal Gets Underway By www.tax-news.com Published On :: Fri, 20 Sep 2019 00:00:00 GMT The Irish Government is arguing that favorable tax treatment was not granted to Apple under two rulings deemed by the EU to have constituted illegal state aid to the company. Full Article
ge Tax-News.com: Tax Agencies Meet To Discuss Use Of Big Data Analysis By www.tax-news.com Published On :: Fri, 18 Oct 2019 00:00:00 GMT Tax agencies from 31 countries discussed the ways they are using data analysis tools to improve tax enforcement and administration, at the first meeting of the IOTA Forum on Tax Debt Management, held in Prague, Czech Republic, On October 1-3, 2019. Full Article
ge Tax-News.com: Irish Gov't Pledges Individual Tax Cuts, No Digital Tax By www.tax-news.com Published On :: Thu, 6 Feb 2020 00:00:00 GMT Ireland's governing party Fine Gael has published its election manifesto, which includes proposals to reduce the income tax burden and reform the taxation of SMEs. Full Article
ge Tax-News.com: Swiss Council Consults On Automatic Exchange Of Tax Info By www.tax-news.com Published On :: Fri, 20 May 2016 00:00:00 GMT The Swiss Federal Council has launched a consultation on a proposed new Ordinance on the International Automatic Exchange of Information in Tax Matters. Full Article
ge Tax-News.com: Pakistan Targeting Panama, Bahamas Leaks Taxpayers By www.tax-news.com Published On :: Thu, 20 Oct 2016 00:00:00 GMT Pakistan's Finance Minister, Mohammad Ishaq Dar, has directed the Federal Board of Revenue to approach the tax authorities of nine territories about information in the Panama and Bahamas leaks. Full Article
ge Tax-News.com: UK, Netherlands Biggest 'Conduits' For Offshore Investment By www.tax-news.com Published On :: Wed, 26 Jul 2017 00:00:00 GMT Researchers at the University of Amsterdam have looked at how corporations make use of particular countries and jurisdictions to minimize their tax liabilities. Full Article
ge Tax-News.com: HMRC Releases Final Guidance On Loan Charge Review By www.tax-news.com Published On :: Mon, 2 Dec 2019 00:00:00 GMT The UK tax agency HM Revenue and Customs has released guidance for taxpayers affected by the Loan Charge. Full Article
ge Tax-News.com: Luxembourg's 2020 Budget Approved By Parliament By www.tax-news.com Published On :: Tue, 31 Dec 2019 00:00:00 GMT On December 19, 2019, Luxembourg's Chamber of Deputies approved the Government's Budget for 2020, which among other measures includes important changes to the validity of advanced tax rulings. Full Article
ge Tax-News.com: German FinMin Outlines 2020 Tax Changes By www.tax-news.com Published On :: Tue, 31 Dec 2019 00:00:00 GMT The German Ministry of Finance has outlined a number of tax changes that are due to take effect in 2020 and 2021. Full Article
ge Tax-News.com: Germany Urged To Ensure Data Sharing On Call-Off Stock Arrangements By www.tax-news.com Published On :: Thu, 20 Feb 2020 00:00:00 GMT Germany's IT systems are not ready for the VAT "quick fix" simplifications that entered into force on January 1, 2020, according to the European Commission. Full Article
ge Tax-News.com: Hong Kong Announces Tax Credit Handout In 2020 Budget By www.tax-news.com Published On :: Tue, 3 Mar 2020 00:00:00 GMT Hong Kong's 2020 Budget includes plans for a one-off reduction of profits tax, salaries tax, and tax under personal assessment. Full Article
ge Tax-News.com: Germany Issues Draft Guidance On DAC6 By www.tax-news.com Published On :: Tue, 17 Mar 2020 00:00:00 GMT 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. Full Article
ge Tax-News.com: African States Urged To Consider COVID-19 Tax Responses By www.tax-news.com Published On :: Wed, 15 Apr 2020 00:00:00 GMT The African Tax Administration Forum (ATAF) has published a new report titled "Suggested COVID-19 Measures for Revenue Authorities." Full Article
ge Tax-News.com: Malta Issues Payroll Tax Guidance On COVID-19 Wage Supplement By www.tax-news.com Published On :: Wed, 15 Apr 2020 00:00:00 GMT On April 4, 2020, Malta released payroll tax-related guidance for employers on the Government's responses to the COVID-19 epidemic. Full Article
ge Tax-News.com: Chile Announces COVID-19 Tax Package By www.tax-news.com Published On :: Fri, 1 May 2020 00:00:00 GMT The Chilean President Sebastian Pinera has announced a number of tax relief measures for businesses and individuals impacted by COVID-19. Full Article
ge Tax-News.com: Ireland Tweaks Eligibility Rules For COVID-19 Wage Subsidy Program By www.tax-news.com Published On :: Fri, 1 May 2020 00:00:00 GMT 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. Full Article
ge Tax-News.com: German EU Presidency Will Focus On Tax Issues: Merkel By www.tax-news.com Published On :: Fri, 1 May 2020 00:00:00 GMT 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. Full Article
ge Tax-News.com: Germany Explains COVID-19 Tax Refunds By www.tax-news.com Published On :: Fri, 1 May 2020 00:00:00 GMT 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. Full Article
ge Tax-News.com: USTR Stages Hearing On French Digital Tax Response By www.tax-news.com Published On :: Thu, 22 Aug 2019 00:00:00 GMT 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. Full Article
ge Tax-News.com: Germany Presents Text For EU Financial Transactions Tax By www.tax-news.com Published On :: Mon, 16 Dec 2019 00:00:00 GMT 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. Full Article
ge Tax-News.com: Austria Rejects German Financial Transactions Tax Plan By www.tax-news.com Published On :: Thu, 6 Feb 2020 00:00:00 GMT Austrian Chancellor Sebastian Kurz has said that Austria does not agree with new German proposals for a European financial transactions tax. Full Article
ge Tax-News.com: France Confirms No Changes To VAT Rules Amid COVID-19 By www.tax-news.com Published On :: Wed, 15 Apr 2020 00:00:00 GMT 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. Full Article
ge Sugar Gets the Red Light from Consumers, Says Study By www.medindia.net Published On :: For people when making healthy food choices - overriding fat and salt, sugar content is the key factor, revealed researchers. A team from the Full Article