international news

2020-11-16
Tax-News.com: UK May Double Capital Gains Tax Burden
Tax-News.com
More closely aligning UK capital gains tax (CGT) rates with income tax rates could raise significant revenues for the UK, a government-commissioned review has concluded.
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2020-11-09
Tax-News.com: Burkina Faso Ratifies The BEPS MLI
Tax-News.com
African state Burkina Faso has ratified the BEPS multilateral instrument, to make changes to its double tax agreements to counter tax base erosion and profit shifting (BEPS).
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2020-11-09
Tax-News.com: EU To Challenge Dutch Pension Tax Rules Before ECJ
Tax-News.com
The European Commission has referred the Netherlands to the Court of Justice for its rules on the cross-border transfer of pension capital and cross-border provision of pensions.
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2020-11-09
Tax-News.com: Switzerland To Overhaul Domestic Law Governing Double Tax Pacts
Tax-News.com
The Swiss Federal Council has approved proposed legislative changes to alter how the country interprets double tax agreement provisions.
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2020-11-09
Tax-News.com: UK To Strengthen Insurance Premium Tax Rules
Tax-News.com
On November 5, 2020, HM Revenue and Customs issued a consultation on proposals to improve the administration of Insurance Premium Tax (IPT) and prevent unfair outcomes.
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2020-11-09
Tax-News.com: Cyprus To Cut VAT On Tourism Services
Tax-News.com
Cyprus's 2021 Budget includes a proposal to lower the VAT rate temporarily on tourism services.
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2020-11-09
Tax-News.com: Belgium Taken To Task For Three Tax Regime Features
Tax-News.com
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.
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2020-11-01
Tax-News.com: Switzerland No Longer Paying Interest On Early Tax Payments
Tax-News.com
In an October 15, 2020, statement, the Swiss Government announced it will not pay interest on federal taxes paid early.
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2020-11-01
Tax-News.com: Turkey Presents Law For Corporate Tax Cut
Tax-News.com
The Turkish Government has submitted a bill to parliament that would allow the president to reduce the rate of corporate tax by up to five percentage points.
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2020-11-01
Tax-News.com: Israel To Adopt BEPS Action 13 TP Documentation Rules
Tax-News.com
Israel's Government on October 12, 2020, launched a consultation on aligning the country's transfer pricing documentation rules with the three-tiered approach included in the OECD's 2017 Transfer Pricing Guidelines.
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2020-11-01
Tax-News.com: Malta Releases 2021 Budget
Tax-News.com
Malta's 2021 Budget, announced on October 19, 2020, included tax breaks for individuals and an increase to the VAT registration threshold.
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2020-11-01
Tax-News.com: Netherlands, Germany Extend COVID-19 Frontier Worker Tax Deal
Tax-News.com
Germany and the Netherlands have agreed to extend the validity of an agreement clarifying the tax arrangements of frontier workers during the COVID-19 pandemic until December 31, 2020.
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2020-11-01
Tax-News.com: Cyprus PIT Return Deadline Extended
Tax-News.com
Cyprus's Tax Department on October 20, 2020, announced an extension to the deadline for filing personal income tax returns and paying income tax for 2019.
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2020-11-01
Tax-News.com: UK MPs Join Calls For Making Tax Digital Rethink
Tax-News.com
The UK's Public Accounts Committee has recommended that the UK tax authority first review the potential administrative burden and cost on taxpayers before further expanding its Making Tax Digital initiative.
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2020-10-19
Tax-News.com: UAE To Expand Tax Payment Options From November
Tax-News.com
The United Arab Emirates Federal Tax Authority has set out its plans to upgrade its eDirham system, which is used to pay state fees and taxes.
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