UK To Collect Interest On Overdue Digital Services Tax

The UK Government on September 16, 2020, tabled The Taxes (Interest Rate) (Amendment No. 2) Regulations 2020, which will enable HM Revenue and Customs to collect or pay interest on overpaid or underpaid digital services tax liabilities. Continue Reading »

Philippines Aiming To Finalize Tax Reform By End Of October

Benjamin Diokno, the Philippines' Budget and Management Secretary, says the Government should secure the passage of all the remaining comprehensive tax reform bills within the next two months. Continue Reading »

Finnish Government Reaches 2019 Budget Agreement

A number of incentives have been included in the Finnish Government's 2019 Budget to encourage investment in the shares of both small and listed companies. Continue Reading »

BEPS Project Has Triggered Near-Global Tax Reform: OECD

The OECD has committed to providing proposals to fix the taxation of the digital economy by 2020, in an update to G20 leaders on international efforts to mitigate base erosion and profit shifting (BEPS). Continue Reading »

Australian SME Tax Cuts Now Law

Legislation to reduce Australia's small business tax rate received Royal Assent on October 25. Continue Reading »

Tech Groups Raise Concerns About EU Digital Tax

The European Commission's proposal for a digital services tax would be "deeply harmful" to the EU business environment and may lead to double taxation, a coalition of business and technology groups has warned EU leaders. Continue Reading »

Netherlands Ponders New Aviation Tax

The Dutch Government has begun a public consultation exercise on plans to introduce a new tax on air travel by 2021. Continue Reading »

EC Scrutinizes Tax Breaks For Polish Shipyards

The European Commission has opened an in-depth investigation into a Polish tax scheme for shipyards, which it says could give shipbuilders an unfair competitive advantage over rivals. Continue Reading »