international news
2019-09-26
Tax-News.com: Finnish Budget For 2020 Agreed
Tax-News.com
On September 17, 2019, the Finnish Ministry of Finance announced that the Government has reached an agreement on the contents of the 2020 Budget, which includes some tax reductions for both companies and individuals.
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2019-09-26
Tax-News.com: Bulgaria Amends VAT Registration Rules
Tax-News.com
Bulgaria has tabled for consultation amendments to the value-added tax act regarding the country's VAT registration rules.
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2019-09-19
Tax-News.com: Germany Proposes Climate Change Tax Plan
Tax-News.com
On September 16, 2019, the German conservative parties, the Christian Democrats and the Christian Social Union, published a report calling for reform of environmental taxes and levies to help Germany achieve its emissions reductions targets.
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2019-09-19
Tax-News.com: Netherlands Planning Slower But Deeper Corporate Tax Cut
Tax-News.com
On September 17, 2019, Dutch State Secretary for Finance Menno Snel presented the Government's 2020 Tax Plan to the House of Representatives. It includes revised plans for corporate tax cuts.
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2019-09-19
Tax-News.com: Apple's Irish Tax Ruling Appeal Gets Underway
Tax-News.com
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.
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2019-09-19
Tax-News.com: Chile To Ease Penalties, Interest For Paid Tax Debts
Tax-News.com
Chile's Minister of Finance on September 17, 2019, announced the launch of a tax amnesty for businesses and individuals with outstanding tax debts, which will offer reduced penalties and interest.
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2019-09-19
Tax-News.com: Exporters Urge Int'l Reform To Simplify VAT Compliance
Tax-News.com
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.
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2019-09-19
Tax-News.com: Saudi Arabia Begins Requesting Local, Master File
Tax-News.com
The General Authority of Zakat and Tax (GAZT) in Saudi Arabia published final transfer pricing by-laws, including transfer pricing documentation requirements proposed under the OECD's 2013 Base Erosion and Profit Shifting (BEPS) Action 13 Plan, on February 15, 2019. GAZT has now begun formally requesting the submission of specific transfer pricing documentation, in relation to the fiscal year ending December 31, 2018.
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2019-09-19
Tax-News.com: IRS Offers Settlement Scheme To Micro-Captives
Tax-News.com
On September 16, 2019, the United States Internal Revenue Service announced the mailing of a time-limited settlement offer for certain taxpayers under audit who participated in abusive micro-captive insurance transactions.
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2019-09-19
Tax-News.com: US-Switzerland Double Tax Protocol Now In Force
Tax-News.com
The Swiss Government on September 20, 2019, announced that it has exchanged instruments of ratification with the United States to bring into force a Protocol to their double tax agreement.
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2019-09-12
Tax-News.com: Philippines House Passes Financial Services Tax Reforms
Tax-News.com
The Philippines' House of Representatives on September 9, 2019, approved two bills to overhaul the rates in place on financial services and passive income.
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2019-09-12
Tax-News.com: Indonesia Explains New Dividend Tax Exemptions
Tax-News.com
Following the release of the 2020 Budget, the Indonesian Government has explained in greater detail its plans to reform the tax code to foster increased investment by foreign and domestic businesses.
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2019-09-12
Tax-News.com: German Government Submits 2020 Budget
Tax-News.com
On September 10, 2019, German Finance Minister Olaf Scholz presented to the lower house of parliament, the Bundestag, the Government's draft Budget for 2020, which includes tax reduction measures.
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2019-09-12
Tax-News.com: Greek PM Outlines Tax Cuts
Tax-News.com
Greek Prime Minister Kyriakos Mitsotakis recently confirmed the Government's intention to proceed with numerous tax reduction measures, including a cut in corporate tax.
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2019-09-12
Tax-News.com: Brazil Requires Disclosure Of Cryptocurrency Trades
Tax-News.com
Brazilian virtual currency users, traders, and exchanges are required to disclose details of significant transactions for the first time.
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