international news

2019-09-12
Tax-News.com: Panama Strengthens New Law Criminalizing Tax Evasion
Tax-News.com
Panama's Cabinet Council has approved a proposed legislative amendment to enable the country to more effectively penalize repeat tax evaders.
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2019-09-12
Tax-News.com: BVI, Seychelles To Automatically Exchange CbC Reports
Tax-News.com
The OECD has revealed that the British Virgin Islands and Seychelles have newly signed up to its Multilateral Competent Authorities Agreement (MCAA) on country-by-country reporting.
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2019-09-12
Tax-News.com: Indonesia To Ease Tax Penalties
Tax-News.com
The Indonesian Government has announced that it will relax the penalties it applies to underpaid tax, in a bid to boost compliance.
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2019-09-12
Tax-News.com: Netherlands To Reduce Tax On Savings Income
Tax-News.com
On September 6, 2019, the Dutch Ministry of Finance announced proposals to reforms the tax rules for savings income.
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2019-09-12
Tax-News.com: Swiss CbC Reporting Regime Wins OECD Approval
Tax-News.com
Switzerland's country-by-country reporting regime meets international standards and the country effectively exchanges the reports it receives with other countries, an OECD peer review has concluded.
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2019-09-12
Tax-News.com: Poland Said To Have Ditched Plans For Digital Tax
Tax-News.com
According to a recent comment by United States Vice President Mike Pence, the Polish Government has decided not to proceed with a national digital services tax.
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2019-09-04
Tax-News.com: OECD Helping States Make Most Of New CbC Data
Tax-News.com
Following the first exchanges of country-by-country (CbC) reports, work is underway to support the effective use of CbC reports by tax administrations in assessing transfer pricing and other BEPS-related risks, the OECD has said, in releasing a new progress update.
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2019-09-04
Tax-News.com: OECD Says Pace Of Global Tax Reform Has Slowed
Tax-News.com
The pace of tax reform has slowed across most leading economies, a new report from the OECD says, calling for bolder tax reforms to address future challenges.
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2019-09-04
Tax-News.com: Ecuador, Serbia Ratify OECD's Multilateral Tax Cooperation Pact
Tax-News.com
The OECD on September 2, 2019, announced that Ecuador and Serbia have ratified the multilateral Convention on Mutual Administrative Assistance in Tax Matters.
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2019-09-04
Tax-News.com: Czech Republic Drafts Digital Services Tax Law
Tax-News.com
On September 5, 2019, the Government of the Czech Republic received from the Ministry of Finance draft legislation for the introduction of a temporary digital services tax, which was first announced in April 2019.
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2019-09-04
Tax-News.com: Ireland Sets Out Plans For Transfer Pricing Regime Changes
Tax-News.com
Ireland has released a responses document on an ongoing consultation on an update to the country's transfer pricing rules.
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2019-09-04
Tax-News.com: Deadlines For Colombian Tax Amnesties This Month
Tax-News.com
Two deadlines are approaching in Colombia for taxpayers wishing to take part in ongoing tax amnesties.
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2019-09-04
Tax-News.com: Indonesia Announces Corporate Tax Rate Cut, Digital Tax Plans
Tax-News.com
Indonesia's Finance Minister has said a law will soon be tabled in parliament to require value-added tax and income tax from companies doing significant digital business in Indonesia that lack a physical presence.
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2019-09-04
Tax-News.com: Chile's Chamber Of Deputies Approves Tax Reform Law
Tax-News.com
Chile's Chamber of Deputies approved at the end of August legislation to comprehensively reform the tax system, as set out in Bulletin 12043.
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2019-09-04
Tax-News.com: Glencore Wins AUD92m Transfer Pricing Case In Australia
Tax-News.com
Australia's Federal Court issued a decision in favor of mining company Glencore on September 3, 2019. The case centered on whether dealings between Swiss parent Glencore International AG and an Australian subsidiary breached transfer pricing rules in relation to the sale and purchase of copper concentrate in the 2007-09 years.
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