international news

2019-08-07
Tax-News.com: Dominica Announces VAT, Property Tax Relief In 2019 Budget
Tax-News.com
Dominica's Budget, released on July 30, 2019, included value-added tax changes and tax relief for home owners.
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2019-08-07
Tax-News.com: Ecuador Explains New Transfer Pricing Risk Detection Systems
Tax-News.com
Authorities in Ecuador have worked with a number of international organization to develop a new framework to detect potential cases of transfer pricing abuse.
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2019-07-24
Tax-News.com: First Costa Rican VAT Returns Due By August 16
Tax-News.com
Costa Rica's tax authority has released new online forms for declaring value-added tax, capital income, and capital gains.
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2019-07-24
Tax-News.com: Ireland Issues Guidance On New Anti-Hybrid Mismatch Rules
Tax-News.com
The Irish Government has released additional guidance on its proposals for new anti-hybrid rules, responding to feedback to a consultation launched in November 2018.
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2019-07-24
Tax-News.com: NZ Issues Guidance On Fixing Errors In Tax Submissions
Tax-News.com
New Zealand's Inland Revenue Department has released a new standard practice statement to explain when and how the Commissioner will exercise discretion in amending a taxpayer's assessment to ensure correctness.
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2019-07-24
Tax-News.com: IRS Clarifies FTC Rules For French Social Taxes
Tax-News.com
On July 19, 2019, the United States Internal Revenue Service updated its webpage on foreign tax credits to clarify that it will not challenge foreign tax credit claims involving certain French taxes.
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2019-07-24
Tax-News.com: Hong Kong Issues New Guidance On Foreign Tax Credits
Tax-News.com
Hong Kong's Inland Revenue Department has released new guidance notes on the deduction of foreign taxes.
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2019-07-24
Tax-News.com: UK To Proceed With Plans For Plastics Tax
Tax-News.com
The UK Government has confirmed that it will proceed with its plans to introduce a plastics packaging tax.
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2019-07-24
Tax-News.com: Polish Lower House Approves VAT Split Payment Rules
Tax-News.com
On July 19, 2019, the lower house of the Polish parliament, the Sjem, approved legislation to introduce a mandatory value-added tax split payment mechanism on certain supplies and to reduce rates of VAT on numerous goods and services, including electronic publications.
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2019-07-24
Tax-News.com: Spain To Press Ahead With Digital Tax
Tax-News.com
Spain's acting Economy Minister, Nadia Calvino, said the Government will seek approval of legislation to introduce a digital services tax at the earliest opportunity.
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2019-07-24
Tax-News.com: IRS's New Enforcement Initiatives Are Aimed At Individuals
Tax-News.com
On July 19, 2019, the United States Internal Revenue Service Large Business and International Division announced six additional compliance campaigns.
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2019-07-24
Tax-News.com: G7 Backs OECD In Push For Global Digital Tax Response
Tax-News.com
G7 finance ministers have said that there is an urgent need to address the tax challenges posed by the digitalization of the economy.
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2019-07-24
Tax-News.com: UK Shelves Plans For Surcharge On Overseas UK Property Buyers
Tax-News.com
The UK Government has dropped inclusion in the upcoming Finance Bill of a new one percent stamp duty land tax (SDLT) surcharge on non-UK residents purchasing residential property in England and Northern Ireland.
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2019-07-24
Tax-News.com: Finland To Issue Tax Guidance On Valuing Non-Cash Dividends
Tax-News.com
The Finnish Tax Administration, the Vero Skatt, informed taxpayers on July 16, 2019, that it intends to update its guidance on the taxation of non-cash dividends after discovering an increase in the payment of dividends in non-cash form by publicly traded companies.
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2019-07-24
Tax-News.com: Ecuador Eases Schedule For Advance Corporate Tax Payments
Tax-News.com
Ecuador has legislated to revise advance corporate income tax payment requirements, providing that tax can be paid over five months, with the full balance paid up to two months later than previously.
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