co Tax-News.com: US Withdraws From International Digital Tax Talks By www.tax-news.com Published On :: Fri, 3 Jul 2020 00:00:00 GMT US Trade Representative Robert Lighthizer told a congressional hearing on June 17, 2020, that the US Government has withdrawn from international negotiations on new global tax rules for digital companies at the OECD. Full Article
co Tax-News.com: EU Investigates Belgian Video Games Tax Breaks By www.tax-news.com Published On :: Fri, 15 May 2020 00:00:00 GMT The European Commission has launched an in-depth investigation into a Belgian "tax shelter scheme" which supports video game production. Full Article
co Tax-News.com: OECD Releases Taxing Wages 2020 Report By www.tax-news.com Published On :: Fri, 15 May 2020 00:00:00 GMT The OECD has released its Taxing Wages 2020 report, which highlights that taxes on labor across the OECD countries fell for the sixth consecutive year in 2019. Full Article
co Tax-News.com: COVID-19: Belgium, Germany Conclude Cross-Border Worker Agreement By www.tax-news.com Published On :: Fri, 15 May 2020 00:00:00 GMT On May 13, 2020, the Belgian tax authority announced that the competent authorities of Belgium and Germany have concluded an agreement which clarifies the tax situation of cross-border workers in the context of the COVID-19 health crisis. Full Article
co Tax-News.com: Belgium To Fix Glitch In VAT Administrative System By www.tax-news.com Published On :: Thu, 28 May 2020 00:00:00 GMT On May 15, 2020, the Belgian tax authority announced that taxpayers who timely filed their value-added tax declarations but were then informed that they submitted late or made an error in their submission to ignore such notifications due to technical issues with the VAT filing system. Full Article
co Tax-News.com: COVID-19: Belgium And France Clarify Tax For Cross-Border Workers By www.tax-news.com Published On :: Thu, 28 May 2020 00:00:00 GMT On May 15, 2020, the competent authorities of Belgium and France concluded an agreement which clarifies the tax situation of cross-border workers in the context of the COVID-19 health crisis. Full Article
co Tax-News.com: COVID-19: Belgium Clarifies Tax Deadlines For Non-Resident Individuals By www.tax-news.com Published On :: Thu, 25 Jun 2020 00:00:00 GMT On June 24, 2020, the Belgian Ministry of Finance issued a clarification of tax payment deadlines for non-resident individuals after the tax authority issued tax statements with the wrong due dates. Full Article
co Tax-News.com: Belgium Extends COVID-19 Cross-Border Worker Tax Deals By www.tax-news.com Published On :: Fri, 3 Jul 2020 00:00:00 GMT Belgium has extended agreements with France, Germany, Luxembourg, and the Netherlands clarifying the tax rules for frontier workers working from home due to COVID-19. Full Article
co Tax-News.com: EU Refers Netherlands To ECJ Over Beneficial Ownership Registry By www.tax-news.com Published On :: Fri, 10 Jul 2020 00:00:00 GMT The European Commission is taking action against the Netherlands for failing to fully implement the Fourth Anti-Money Laundering Directive in respect of the availability of information on entities' beneficial owners. Full Article
co Tax-News.com: COVID-19: Belgium Extends Corporate Tax Return Deadline By www.tax-news.com Published On :: Fri, 10 Jul 2020 00:00:00 GMT On July 6, 2020, the Belgian Ministry of Finance announced that the deadline for the filing of corporate tax returns has been extended further, from September 24 to October 29, 2020. Full Article
co Tax-News.com: Belgium Issues Circular On COVID-19 Teleworking Tax Relief By www.tax-news.com Published On :: Fri, 17 Jul 2020 00:00:00 GMT The Belgian Finance Ministry has released guidance on a COVID-19 tax relief measure on offer for employer-paid expenses for teleworking. Full Article
co Tax-News.com: Belgium Redrafts Tax Form For New COVID-19 Tax Break By www.tax-news.com Published On :: Tue, 18 Aug 2020 00:00:00 GMT The Belgian Government has released a new form for SME corporate taxpayers to access tax reliefs for investments, which were enhanced in response to COVID-19. Full Article
co Tax-News.com: Luxembourg, Belgium Extend COVID-19 Cross-Border Worker Tax Deal By www.tax-news.com Published On :: Mon, 31 Aug 2020 00:00:00 GMT Luxembourg and Belgium will extend the duration of an agreement that clarifies the tax rules for cross-border workers affected by COVID-19 restrictions. Full Article
co Tax-News.com: France Extends COVID-19 Tax Deals For Cross-Border Workers By www.tax-news.com Published On :: Mon, 7 Sep 2020 00:00:00 GMT The French Ministry of Finance confirmed on August 31, 2020, that several tax agreements applying to cross-border workers during the COVID-19 crisis have been extended. Full Article
co Tax-News.com: Belgium Confirms Upcoming Filing Dates For Individuals By www.tax-news.com Published On :: Mon, 7 Sep 2020 00:00:00 GMT The Belgian Ministry of Finance has confirmed that the deadline for submitting personal income tax returns for flat-rate taxpayers is December 11, 2020. Full Article
co Tax-News.com: Germany Issues EU Presidency Tax Priorities By www.tax-news.com Published On :: Tue, 29 Sep 2020 00:00:00 GMT On September 22, 2020, Germany provided further details about the government's tax policy priorities for its presidency of the European Union. Full Article
co Tax-News.com: Belgium Launches Tax Filing Season For Non-Resident Individuals By www.tax-news.com Published On :: Tue, 29 Sep 2020 00:00:00 GMT The Belgian Ministry of Finance has announced that non-resident taxpayers may now file their tax return electronically for the 2020 tax year. Full Article
co Tax-News.com: OECD Indicates New Focus On Virtual Currency Tax Issues By www.tax-news.com Published On :: Tue, 20 Oct 2020 00:00:00 GMT The OECD has released a new report on countries' tax rules for virtual currencies, alongside an announcement that the Common Reporting Standard will be expanded next year to newly cover virtual currency assets. Full Article
co Tax-News.com: Belgium Postpones Corporate Tax Return Deadline By www.tax-news.com Published On :: Tue, 20 Oct 2020 00:00:00 GMT Belgium's Minister of Finance has announced a further extension to the 2020 corporate tax return deadline. Full Article
co Tax-News.com: Belgium Taken To Task For Three Tax Regime Features By www.tax-news.com Published On :: Tue, 10 Nov 2020 00:00:00 GMT The European Commission is undertaking infringement proceedings against Belgium regarding the taxation of shares held by life insurance companies, the taxation of income from savings deposits, and the deductibility of alimony payments. Full Article
co Tax-News.com: OECD Releases 2020 Tax Trends Report By www.tax-news.com Published On :: Thu, 10 Dec 2020 00:00:00 GMT Tax revenues fell across the OECD for the first time in a decade during 2019, but a much larger decrease is expected in 2020 as a result of the COVID-19 pandemic, according to the OECD's newly released annual Revenue Statistics report. Full Article
co Tax-News.com: ECJ AG Urges Ruling Against Belgian 'Excess Profit' Ruling System By www.tax-news.com Published On :: Thu, 10 Dec 2020 00:00:00 GMT European Court of Justice (ECJ) Advocate General Juliane Kokott has opined that the Commission was right to consider that the Belgian practice of making downward adjustments to profits of undertakings forming part of multinational groups, under the "excess profit" ruling scheme, constituted an aid scheme. Full Article
co Tax-News.com: Netherlands Reforms Dividend WHT Refund Rules By www.tax-news.com Published On :: Thu, 10 Dec 2020 00:00:00 GMT The Dutch Government has issued a decree to ensure the country's dividend withholding tax rules comply with the European Court of Justice's ruling in the Sofina case. Full Article
co Tax-News.com: Belgium Extends Cross-Border Worker Deals By www.tax-news.com Published On :: Fri, 1 Jan 2021 00:00:00 GMT Belgium has agreed with the Netherlands, France, Luxembourg, and Germany to extend until March 31, 2021, tax administrative concessions for cross-border workers affected by COVID-19 restrictions. Full Article
co Tax-News.com: Belgium Opens Tax Portal For Company Filings By www.tax-news.com Published On :: Mon, 15 Feb 2021 00:00:00 GMT Belgium's Federal Public Service Finance has announced that businesses may now submit returns through the Belcotax-on-web portal. Full Article
co Tax-News.com: Belgian Lawmakers Approve New Tax On Securities Trading By www.tax-news.com Published On :: Mon, 22 Feb 2021 00:00:00 GMT At a plenary session on February 11, 2021, Belgium's parliament adopted a draft law for a new annual tax on securities accounts. Full Article
co Tax-News.com: Belgium Gazettes Law For Tax On Securities Accounts By www.tax-news.com Published On :: Wed, 3 Mar 2021 00:00:00 GMT Belgium has published in its Official Gazette legislation to introduce the country's new tax on securities accounts. Full Article
co Tax-News.com: EU Defers E-Commerce VAT Package In Light Of COVID-19 By www.tax-news.com Published On :: Fri, 15 May 2020 00:00:00 GMT The EU will postpone the entry into force of its VAT e-commerce package and will defer certain filing deadlines under the Directive on Administrative Cooperation due to the coronavirus pandemic. Full Article
co Tax-News.com: France To Press On With Digital Tax By www.tax-news.com Published On :: Thu, 28 May 2020 00:00:00 GMT French Finance Minister Bruno Le Maire has said that the Government intends to introduce a digital services tax this year. Full Article
co Tax-News.com: Czech Republic May Delay Digital Tax And Lower Rate By www.tax-news.com Published On :: Thu, 28 May 2020 00:00:00 GMT The Czech Government is considering whether to delay the introduction of a proposed tax on the provision of digital services and alter its design. Full Article
co Tax-News.com: US Withdraws From International Digital Tax Talks By www.tax-news.com Published On :: Fri, 3 Jul 2020 00:00:00 GMT US Trade Representative Robert Lighthizer told a congressional hearing on June 17, 2020, that the US Government has withdrawn from international negotiations on new global tax rules for digital companies at the OECD. Full Article
co Tax-News.com: US Announces Tariffs On French Goods In Response To DST By www.tax-news.com Published On :: Fri, 17 Jul 2020 00:00:00 GMT The Office of the US Trade Representative has announced that the US will impose additional duties of 25 percent on imports of certain French products from next year in response to the country's decision to introduce a digital services tax. Full Article
co Tax-News.com: UAE Issues Guide On E-Commerce VAT Obligations By www.tax-news.com Published On :: Fri, 21 Aug 2020 00:00:00 GMT The United Arab Emirates' Federal Tax Authority has released a new guide on the value-added tax rules for e-commerce and the digital economy. Full Article
co Tax-News.com: France To Collect Its Digital Services Tax This Year By www.tax-news.com Published On :: Tue, 20 Oct 2020 00:00:00 GMT French Minister of Finance Bruno Le Maire has reportedly said that France intends to collect the country's digital services tax in December 2020. Full Article
co Tax-News.com: UAE Clarifies VAT Rules For E-Commerce By www.tax-news.com Published On :: Mon, 30 Nov 2020 00:00:00 GMT The United Arab Emirates' Federal Tax Authority has clarified the value-added tax rules that apply to e-commerce transactions. Full Article
co Tax-News.com: Digital VAT Regimes Vital To Buoy Countries' Tax Takes: Report By www.tax-news.com Published On :: Thu, 10 Dec 2020 00:00:00 GMT The OECD has released its annual Consumption Tax Trends report, which highlights that with VAT rates at an all-time high, governments should ensure they have effective VAT frameworks in place to tax e-commerce. Full Article
co Tax-News.com: Sweden To Probe E-Commerce And Rental Income Declarations By www.tax-news.com Published On :: Wed, 3 Mar 2021 00:00:00 GMT The Swedish tax authority has announced that it will be expending more resources this year on ensuring businesses fully declare income from e-commerce and taxpayers report income from home rentals. Full Article
co Tax-News.com: OECD Releases E-Commerce VAT Toolkit For Asia-Pac States By www.tax-news.com Published On :: Mon, 21 Mar 2022 00:00:00 GMT On March 10, the OECD released a new VAT Digital Toolkit for Asia-Pacific (APAC) nations. The toolkit is intended to support local tax authorities to better collect value-added tax on e-commerce activities. Full Article
co Tax-News.com: COVID-19: Ireland Eases Close Company Surcharge Rules By www.tax-news.com Published On :: Fri, 15 May 2020 00:00:00 GMT The Irish Revenue has announced the implementation of temporary measures in relation to the close company surcharge regime, in response to the coronavirus pandemic. Full Article
co Tax-News.com: Irish Businesses Seek Tax Support To Bounce Back From COVID-19 By www.tax-news.com Published On :: Thu, 28 May 2020 00:00:00 GMT Irish business association Ibec has called for the establishment of a Commission on Taxation, as part of a package of measures to "reboot" the economy after the coronavirus pandemic. Full Article
co Tax-News.com: Ireland Releases Stamp Duty Guidance On Related-Party Transactions By www.tax-news.com Published On :: Thu, 25 Jun 2020 00:00:00 GMT The Irish Revenue has updated its guidance on stamp duty to clarify a number of issues related to the conditions for companies to avail themselves of associated companies relief. Full Article
co Tax-News.com: EU General Court Quashes Decision Against Apple Tax Rulings By www.tax-news.com Published On :: Fri, 17 Jul 2020 00:00:00 GMT Apple and the Irish Government have been successful in having overturned a European Commission decision that two tax rulings granted to the company by the Irish Government were unlawful. Full Article
co Tax-News.com: Ireland Issues Guide On Accelerated Loss Relief For Companies By www.tax-news.com Published On :: Tue, 18 Aug 2020 00:00:00 GMT The Irish Revenue has issued guidance for companies on the temporary acceleration of corporate tax loss relief for accounting periods affected by the COVID-19 pandemic and related restrictions. Full Article
co Tax-News.com: Ireland Lowers Headline VAT Rate By www.tax-news.com Published On :: Wed, 9 Sep 2020 00:00:00 GMT A temporary reduction in Ireland's standard rate of VAT entered into force on September 1, 2020. Full Article
co Tax-News.com: Digital VAT Regimes Vital To Buoy Countries' Tax Takes: Report By www.tax-news.com Published On :: Thu, 10 Dec 2020 00:00:00 GMT The OECD has released its annual Consumption Tax Trends report, which highlights that with VAT rates at an all-time high, governments should ensure they have effective VAT frameworks in place to tax e-commerce. Full Article
co Tax-News.com: Bermuda Consults Industry On New Conduct Of Business Regime By www.tax-news.com Published On :: Wed, 13 Jan 2021 00:00:00 GMT The Bermuda Monetary Authority on December 15, 2020, released a new consultation paper on its proposal for a conduct of business regulatory regime to better protect retail investors. Full Article
co Tax-News.com: Irish VAT Rate Cut To Be Reversed In March By www.tax-news.com Published On :: Mon, 15 Feb 2021 00:00:00 GMT The Irish headline rate of VAT will return to 23 percent from March, having been temporarily reduced in response to the COVID-19 pandemic. Full Article
co Mushroom Gummies May Contain Illegal Hallucinogens By www.medindia.net Published On :: Experts from UVA Health are issuing a warning about mushroom gummies marketed to enhance brain function, as they may contain the illegal hallucinogen Full Article
co Nirmatrelvir/Ritonavir May Reduce COVID-19 Hospitalizations By www.medindia.net Published On :: SARS-CoV-2, the virus behind the medlinkCOVID-19 pandemic/medlink, continues to circulate. The current focus is on testing and treating symptomatic patients. Full Article
co NSAIDs for High-Risk Groups Could Cost NHS 31 Million Over 10 Years By www.medindia.net Published On :: Prescribing non-steroidal anti-inflammatory drugs (NSAIDs) to high-risk individuals in England costs the NHS around 31 million and results in over 6,000 Full Article