com 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
com Tax-News.com: UK Lists Instructions For Traders On Brexit By www.tax-news.com Published On :: Fri, 30 Aug 2019 00:00:00 GMT HM Revenue and Customs has written to VAT-registered businesses that trade with the EU, advising them on how to prepare for changes to customs, excise, and VAT in the event of a no-deal Brexit. Full Article
com 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
com 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
com Tax-News.com: Irish Tax Investigations Typically Last Almost A Year By www.tax-news.com Published On :: Fri, 18 Oct 2019 00:00:00 GMT Ireland's Comptroller and Auditor General has released a new report on the Irish Revenue's compliance activities during 2018, and its efforts to improve how it interacts with taxpayers since a review in 2012. Full Article
com Tax-News.com: Ireland Explains Tax Rules For Payments To Non-Resident Landlords By www.tax-news.com Published On :: Fri, 18 Oct 2019 00:00:00 GMT The Irish Revenue has updated its Tax and Duty Manual on the taxation of non-resident landlords to clarify a number of obligations. Full Article
com Tax-News.com: Ireland Issues Guide On Dual-Resident Companies By www.tax-news.com Published On :: Fri, 18 Oct 2019 00:00:00 GMT The Irish Revenue has published guidance on dual-resident companies that explains new rules introduced under the BEPS multilateral convention on tax treaties. Full Article
com Tax-News.com: Costa Rica Clarifies Amendments To Non-Cooperative Tax List By www.tax-news.com Published On :: Fri, 18 Oct 2019 00:00:00 GMT Costa Rica's Ministry of Finance has released a statement clarifying its decision to exclude a number of territories with low effective income tax rates from its list of non-cooperative territories. Full Article
com 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
com Tax-News.com: Ireland Studies Potential Drop In Record High CIT Receipts By www.tax-news.com Published On :: Fri, 18 Oct 2019 00:00:00 GMT A reversal of recent surges in corporate tax receipts could hit tax revenues and affect the Ireland's longer-term economic position, according to analysis released by the Irish Finance Department. Full Article
com Tax-News.com: Ireland Publishes 2019 Finance Bill By www.tax-news.com Published On :: Fri, 18 Oct 2019 00:00:00 GMT The Irish Government has published its 2019 Finance Bill, which introduces changes to a number of SME-targeted tax incentives and implements a range of measures announced in this month's Budget. Full Article
com Tax-News.com: EU States Shut Down Plans For Public CbC Reporting By www.tax-news.com Published On :: Mon, 2 Dec 2019 00:00:00 GMT EU member states have been unable to reach an agreement on proposals to release to the public information on multinational enterprises' tax affairs. Full Article
com Tax-News.com: Irish Taxpayers Must Renew 2014 Tax Rulings By www.tax-news.com Published On :: Fri, 6 Dec 2019 00:00:00 GMT Companies with a tax ruling dating from 2014 from the Irish Revenue have been encouraged to renew these before they expire. Full Article
com Tax-News.com: Ireland Amends Guidance On MAP Assistance By www.tax-news.com Published On :: Tue, 31 Dec 2019 00:00:00 GMT The Irish Revenue has updated its guidelines on requesting Mutual Agreement Procedure assistance in Ireland. Full Article
com Tax-News.com: Ireland Schedules Election For February 8 By www.tax-news.com Published On :: Mon, 27 Jan 2020 00:00:00 GMT A general election will take place in Ireland on February 8, with Prime Minister Leo Varadkar saying that this date provides a window to ensure a new government is in place ahead of the next European Council meeting in March. Full Article
com 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
com Tax-News.com: Ireland Updates Guidance On EU Exit Tax On IP Flight By www.tax-news.com Published On :: Thu, 20 Feb 2020 00:00:00 GMT The Irish Revenue has updated its guidance on Irish exit tax legislation to reflect changes introduced by Finance Act 2019. Full Article
com Tax-News.com: Namibia To Repeal 'Harmful' Tax Incentives By www.tax-news.com Published On :: Tue, 3 Mar 2020 00:00:00 GMT Namibia's Minister of Finance, Calle Schlettwein, has tabled a legislative amendment in parliament that will repeal certain tax incentives attached to Export Processing Zones as well as those aimed at the manufacturing sector. Full Article
com Tax-News.com: Ireland Announces Help For SMEs With Cash-Flow Issues By www.tax-news.com Published On :: Tue, 17 Mar 2020 00:00:00 GMT The Irish Revenue has issued advice on the steps it is taking to help SMEs experiencing cashflow and trading difficulties arising from the impact of the coronavirus. Full Article
com Tax-News.com: Switzerland, South Korea Sign AEOI Declaration By www.tax-news.com Published On :: Fri, 19 Feb 2016 00:00:00 GMT Switzerland and South Korea have signed a joint declaration on the automatic exchange of tax information from 2018. Full Article
com Tax-News.com: Abu Dhabi Free Zone Officials Visit China By www.tax-news.com Published On :: Wed, 2 Mar 2016 00:00:00 GMT Officials from the Abu Dhabi Global Market, a free zone in the United Arab Emirates, and the Abu Dhabi Exchange recently visited Shanghai, China, to meet with representatives of key Chinese financial authorities and institutions. Full Article
com 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
com Tax-News.com: UK To Close Property Developer Offshore Tax Loophole By www.tax-news.com Published On :: Wed, 1 Jun 2016 00:00:00 GMT The United Kingdom has legislated to stop property developers from using offshore structures in the Crown Dependencies to avoid UK tax on profits. Full Article
com Tax-News.com: Swiss Council Adopts Dispatch On 8 TIEAs By www.tax-news.com Published On :: Thu, 7 Jul 2016 00:00:00 GMT The Swiss Federal Council has adopted a dispatch on the introduction of the automatic exchange of financial account information with eight jurisdictions. Full Article
com Tax-News.com: Jersey, Cyprus Agree New Double Taxation Agreement By www.tax-news.com Published On :: Thu, 14 Jul 2016 00:00:00 GMT Jersey has signed a double taxation agreement with the Republic of Cyprus. This is the island's twelfth agreement that meets the international standard for such agreements. Full Article
com Tax-News.com: Jersey Financial Services Sector Steady Over Past Year By www.tax-news.com Published On :: Thu, 18 Aug 2016 00:00:00 GMT Recently released statistics by Jersey's Government show a steady or improving picture for the financial services sector in 2015. Full Article
com 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
com Tax-News.com: Switzerland Consults On Implementation Of AEOI Agreements By www.tax-news.com Published On :: Thu, 29 Dec 2016 00:00:00 GMT The Swiss Federal Department of Finance has launched a consultation on the introduction of the automatic exchange of information in tax matters with a series of other countries. Full Article
com Tax-News.com: Jersey Announces Tax Amnesty By www.tax-news.com Published On :: Thu, 6 Apr 2017 00:00:00 GMT Jersey has launched a tax amnesty for prior unpaid taxes that will be offered until the end of 2017. Full Article
com Tax-News.com: Abu Dhabi Tax-Free Zone To Launch Foundations By www.tax-news.com Published On :: Fri, 2 Jun 2017 00:00:00 GMT Abu Dhabi Global Market, the low-tax international financial center, is seeking feedback on its proposal to allow the formation of "foundations," a trust-like entity widely used in civil law jurisdictions. Full Article
com Tax-News.com: Jersey Proposes Infrastructure Levy By www.tax-news.com Published On :: Fri, 23 Jun 2017 00:00:00 GMT Jersey is consulting on the introduction of a land development charge, to be called the Jersey Infrastructure Levy. Full Article
com 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
com Tax-News.com: Turkey Tops New Tax Complexity Index By www.tax-news.com Published On :: Thu, 27 Jul 2017 00:00:00 GMT Turkey is the jurisdiction with the world's most complex tax and accounting requirements, according to a new report by TMF Group. Full Article
com Tax-News.com: HMRC Shuts Down 'Liberty' Tax Avoidance Scheme By www.tax-news.com Published On :: Mon, 23 Oct 2017 00:00:00 GMT HM Revenue and Customs, the UK tax authority, has welcomed a ruling in its favor against a contrived tax avoidance scheme involving an entity in Jersey and the Cayman Islands. Full Article
com Tax-News.com: Apple Fires Back At Tax Avoidance Accusations By www.tax-news.com Published On :: Wed, 8 Nov 2017 00:00:00 GMT Apple, the world's largest taxpayer, has released a statement seeking to debunk claims in media about its tax payments around the world, following coverage in recent days about it seeking tax mitigation arrangements in Jersey due to international tax changes in Ireland affecting its existing tax arrangements. Full Article
com Tax-News.com: OECD Global Forum Discusses Tax Transparency Progress By www.tax-news.com Published On :: Fri, 17 Nov 2017 00:00:00 GMT 200 delegates from more than 90 delegations met in Yaoundé, Cameroon, on November 15-17, 2017, for the 10th meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes which now includes 147 countries and jurisdictions. Full Article
com Tax-News.com: South Africa, Belgium, Jersey Extend CbC Reporting Deadlines By www.tax-news.com Published On :: Mon, 4 Dec 2017 00:00:00 GMT South Africa, Jersey, and Belgium are among a handful of territories that have recently announced an extension to the due date for country-by-country reports under the new frameworks being introduced under Action 13 of the OECD's base erosion and profit shifting Action Plan. Full Article
com Tax-News.com: Jersey Ratifies BEPS Multilateral Instrument By www.tax-news.com Published On :: Tue, 26 Dec 2017 00:00:00 GMT Jersey has become one of only three jurisdictions to ratify the BEPS multilateral instrument to revise tax treaties to counter base erosion and profit shifting. Full Article
com Tax-News.com: Six More States Sign The BEPS Multilateral Instrument By www.tax-news.com Published On :: Thu, 25 Jan 2018 00:00:00 GMT A further six countries have signed the BEPS multilateral instrument, enabling them to swiftly amend their double tax treaties to incorporate the recommendations put forward by the OECD as part of its base erosion and profit shifting Action Plan. Full Article
com Tax-News.com: BEPS Multilateral Instrument To Enter Into Force By www.tax-news.com Published On :: Fri, 23 Mar 2018 00:00:00 GMT The OECD has announced that its multilateral convention to implement tax treaty-related measures to counter base erosion and profit shifting will enter into force on July 1, 2018. Full Article
com Tax-News.com: Malta Ratifies BEPS Convention By www.tax-news.com Published On :: Thu, 3 May 2018 00:00:00 GMT Malta has become the latest country to ratify the OECD's multilateral convention to counter base erosion and profit shifting. Full Article
com Tax-News.com: Netherlands Begins International Tax System Review By www.tax-news.com Published On :: Fri, 28 Sep 2018 00:00:00 GMT The Dutch Government has launched a consultation exercise on plans to review the country's tax treaty policy and to draw up a list of low-tax jurisdictions for the purposes of enforcing incoming controlled foreign company rules. Full Article
com Tax-News.com: Switzerland Begins Sharing Tax Data Internationally By www.tax-news.com Published On :: Fri, 12 Oct 2018 00:00:00 GMT Switzerland has made its first exchanges under the new international automatic exchange of information framework, the Common Reporting Standard. Full Article
com Tax-News.com: UK Crown Dependencies Introducing Economic Substance Rules By www.tax-news.com Published On :: Fri, 28 Dec 2018 00:00:00 GMT Each of the Crown Dependencies – Jersey, Guernsey, and the Isle of Man – have tabled legislation that will introduce new substance requirements for tax-resident firms engaged in certain industries from January 1, 2019. Full Article
com Tax-News.com: Netherlands Announces Tax 'Blacklist' By www.tax-news.com Published On :: Mon, 7 Jan 2019 00:00:00 GMT 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. Full Article
com Tax-News.com: Singaporean BEPS Treaty Amendments Become Effective By www.tax-news.com Published On :: Fri, 5 Apr 2019 00:00:00 GMT The Inland Revenue Authority of Singapore has announced that the BEPS multilateral instrument entered into force for several of its double tax treaties on April 1, 2019. Full Article
com Tax-News.com: Netherlands Begins Consultation On Tax Blacklist By www.tax-news.com Published On :: Fri, 11 Oct 2019 00:00:00 GMT On October 7, 2019, the Dutch Government announced the launch of a consultation on the 2020 edition of the list of low-tax jurisdictions for the purposes of enforcing existing and forthcoming anti-avoidance legislation intended to tackle base erosion and profit shifting. Full Article
com Tax-News.com: Jersey Reassures Taxpayers Over Return Delays By www.tax-news.com Published On :: Mon, 2 Dec 2019 00:00:00 GMT Revenue Jersey has sought to reassure taxpayers over fears that they will be charged the default effective rate of tax from next January. Full Article
com Tax-News.com: Netherlands Adds To Tax Blacklist By www.tax-news.com Published On :: Tue, 31 Dec 2019 00:00:00 GMT Barbados and Turkmenistan have been added to the Netherlands' list of low-tax jurisdictions for the purposes of enforcing certain anti-tax avoidance rules, the Dutch Ministry of Finance announced on December 30, 2019. Full Article
com Tax-News.com: Czech Government Approves Digital Tax By www.tax-news.com Published On :: Mon, 25 Nov 2019 00:00:00 GMT On November 18, 2019, the Government of the Czech Republic announced that it has agreed on a draft law to introduce a tax on digital services, which will now be submitted to parliament. Full Article