The US Internal Revenue Service (IRS) has released the text of an arbitration agreement between the US and Switzerland, in Internal Revenue Bulletin 2020-35, published August 24.

The UK Government has dismissed speculation that it will repeal its digital services tax in a bid to secure a post-Brexit free trade agreement with the United States.

The European Commission has approved a broader support package, proposed by authorities in Germany, for German airport operators.

Malta's Commissioner for Revenue has announced an extension to the deadline for applying for fiscal unity for the 2020 year of assessment.

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.

France's General Directorate of Public Finance has launched a scheme that allows small companies to request a specific settlement plan for the payment of their taxes.

The UK tax authority has published final guidance on the Loan Charge regime, following the enactment of amendments in the UK Finance Bill 2019-21.

Panama's parliament is presenting considering changes to income tax rates for small- and medium-sized businesses, included in Bill 358.

New Zealand's Inland Revenue Department has released a special report explaining in detail the tax relief measures in the COVID-19 Response (Further Management Measures) Legislation Act (No 2) 2020.

Russia's double tax agreements with Hong Kong and Switzerland are next on the radar for authorities in Russia, who are seeking to ensure the country can subject to at least 15 percent withholding tax outbound dividends and interest payments.

The Government of the Cayman Islands has ruled out the introduction of direct taxes or new indirect taxes in response to the COVID-19 pandemic.

The Russian Government has disclosed that both Luxembourg and Malta have agreed to change their double tax agreement with Russia to increase withholding tax rates on cross-border dividends and interest income.

The Italian Government will allow tax payments that were deferred during the COVID-19 lockdown to be paid in instalments over a two-year period.

The French Government has listed the businesses that may exceptionally benefit from a two-thirds reduction in local property tax.

Russia and Cyprus have announced that they have resolved a dispute concerning the two country's double tax agreement.