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Stories that are tagged 'law'




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UK Urged To Delay Making Tax Digital Plans

by Jason Gorringe, Tax-News.com, London

Last updated 11 hours ago | Tuesday, January 17, 2017

UK lawmakers have called on the Government to delay the implementation of its Making Tax Digital project, saying the initiative "could be a disaster" if rushed. Read Full Story

 

France Right In Requesting USD1.1bn From UBS, Says ECHR

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 35 hours ago | Monday, January 16, 2017

The European Court of Human Rights has endorsed the decision of French authorities to compel UBS to put up a EUR1.1bn (USD1.16bn) security in its case against the bank concerning alleged tax fraud. Read Full Story

 

ECJ AG Proposes Landmark EU VAT Ruling On Penalties

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 35 hours ago | Monday, January 16, 2017

According to an opinion of Advocate General Campos Sánchez-Bordona delivered on January 12 to the Court of Justice of the European Union, Italy should not be precluded from taking both criminal and administrative action following a taxpayer's failure to pay value-added tax. Read Full Story

 

Ireland Releases VAT Notes On Finance Act 2016

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 35 hours ago | Monday, January 16, 2017

The Irish tax agency has recently released guidance notes on changes to value-added tax law in the Finance Act 2016. Read Full Story

 

India-Japan Agree New Advance Pricing Agreement

by Mary Swire, Tax-News.com, Hong Kong

Last updated 35 hours ago | Monday, January 16, 2017

India has signed a bilateral advance pricing agreement with the Indian subsidiary of a Japanese company, India's Central Board of Direct Taxes has announced. Read Full Story

 

US Congress Receives Bill To Cancel CEO Tax Breaks

by Mike Godfrey, Tax-News.com, Washington

Friday, January 13, 2017

Legislation has been introduced in Congress to stop the unlimited US corporate tax deductions allowed for performance-based executive pay. Read Full Story

 

Hong Kong Consults On Beneficial Ownership Plans

by Mary Swire, Tax-News.com, Hong Kong

Friday, January 13, 2017

Hong Kong's Financial Services and the Treasury Bureau has launched public consultations on legislative proposals to increase the transparency of corporate beneficial ownership in the city, and to enhance its regulatory regime for combating money laundering and terrorist financing. Read Full Story

 

Singapore Updates Transfer Pricing Guidance

by Mary Swire, Tax-News.com, Hong Kong

Thursday, January 12, 2017

On January 12, 2017, the Inland Revenue Authority of Singapore issued updates to its e-Tax Guide on the country's transfer pricing rules. Read Full Story

 

USITC Accepting Comments On Tariff Cut Petitions

by Scott Hamilton, Tax-News.com, Washington

Thursday, January 12, 2017

On January 11, the US International Trade Commission began accepting comments on petitions it has received seeking import duty suspensions and reductions in accordance with the new Miscellaneous Tariff Bill process. Read Full Story

 

US Taxpayer Advocate Calls For Simpler Tax Code

by Mike Godfrey, Tax-News.com, Washington

Wednesday, January 11, 2017

The United States National Taxpayer Advocate Nina E Olson, has once again emphasized the need for simplification of the US tax code in her annual report to Congress. Read Full Story

 

 

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