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Stories that are tagged 'BEPS'




EU To Continue With Common Corporate Tax Base Talks

by Ulrika Lomas, Tax-news.com, Brussels

Wednesday, May 24, 2017

EU Vice-President Valdis Dombrovskis has said there is a broad consensus among European finance ministers on the principle of greater tax harmonization, and that talks will continue on the proposed common corporate tax base. Read Full Story

 

Lebanon Joins OECD's Multilateral Tax Pact

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, May 16, 2017

Lebanon became the 111th jurisdiction to sign the Multilateral Convention on Mutual Administrative Assistance in Tax Matters on May 12, 2017. Read Full Story

 

Airbnb Agrees To Collect Tax In Mexico City

by Glen Shapiro, Tax-News.com, Washington

Monday, May 15, 2017

People who use Airbnb to book accommodation in Mexico City will have to pay a three percent tax on bookings from June 1, 2017. Read Full Story

 

IMF Recommends Lower, Broader Corporate Tax For Luxembourg

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 12, 2017

Further corporate tax reforms may be needed to Luxembourg's tax regime for foreign companies if it is to maintain its appeal while responding to international tax initiatives, the International Monetary Fund has said. Read Full Story

 

Norway Consults On Interest Limitation Rules

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, May 11, 2017

Norway's Ministry of Finance has released a consultation on a proposal to further strengthen the nation's restrictions on interest deductions within groups. Read Full Story

 

OECD Seeks To Prevent Common Reporting Standard Avoidance

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, May 9, 2017

The OECD has launched a disclosure facility allowing the reporting of potential schemes to circumvent the Common Reporting Standard, the new international standard for the automatic exchange of financial account information in tax matters. Read Full Story

 

Kuwait Signs OECD's Multilateral Tax Pact

by Ulrika Lomas, Tax-News.com, Brussels

Monday, May 8, 2017

Kuwait became the 110th jurisdiction to sign the Multilateral Convention on Mutual Administrative Assistance in Tax Matters on May 5, 2017. Read Full Story

 

Italy Says Google To Pay EUR306m To Settle Tax Disputes

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 5, 2017

Days after it emerged that Italian tax agencies were pursuing online retail giant Amazon for taxes worth EUR130m (USD142m), it was revealed that Google will pay a EUR306m (USD335m) tax settlement. Read Full Story

 

EU Committee Approves Lower EU VAT On E-Books

by Ulrika Lomas, Tax-news.com, Brussels

Thursday, May 4, 2017

The European Parliament's Economic and Monetary Affairs Committee has backed proposals to allow EU member states to charge a reduced rate of value-added tax on e-books, to bring their treatment into line with that of printed matter. Read Full Story

 

UK Legislates For Broader Automatic Tax Information Exchange

by Jason Gorringe, Tax-News.com, London

Thursday, May 4, 2017

HM Revenue and Customs has updated the International Tax Compliance Regulations to include provisions on new automatic tax information exchange agreements and to clarify how non-compliance penalties will apply. Read Full Story

 

 

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