EU Unveils Proposals On Digital Taxation

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 22, 2017

The European Commission has published its vision for the "fair taxation" of the digital economy, with options including a new EU equalization tax on the turnover of digitalized companies. Read Full Story

Spanish Tax On Wind Turbines Lawful, ECJ Says

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 22, 2017

The European Court of Justice has dismissed taxpayers' complaints about a Spanish levy on wind turbines. Read Full Story

IRS Extends Disaster Tax Relief To Georgia

by Mike Godfrey, Tax-News.com, Washington

Friday, September 22, 2017

The IRS has extended disaster tax relief to the entire state of Georgia as part of its coordinated federal response to the damage caused by severe storms and flooding. Read Full Story

OECD Expands Consultation On Offshore Indirect Transfers Of Assets

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 22, 2017

The World Bank has released French and Spanish translations of its Toolkit on the taxation of offshore indirect transfers and extended the deadline for feedback to October 20. Read Full Story

UAE Begins Registering Taxpayers For VAT

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, September 22, 2017

The United Arab Emirates Federal Tax Authority on September 17, 2017, opened its online portal for businesses to register for value-added tax. Read Full Story

Switzerland Consulting On WHT Reforms

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 22, 2017

The Swiss Federal Department of Finance is consulting on proposals to amend the Withholding Tax Ordinance, to more clearly define the rules for non-resident taxpayers. Read Full Story

Australia, Indonesia Pushing To Conclude Trade Deal

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

Friday, September 22, 2017

Trade ministers from Australia and Indonesia have expressed hope that a new Comprehensive Economic Partnership Agreement can be signed by the end of this year, at the latest. Read Full Story

France Extends 'Video Tax'

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 22, 2017

The French Government has issued a decree extending the so-called "video tax" to all digital platforms following an examination of the measure by the European Commission. Read Full Story

Mexico To Waive Tax On Earthquake Donations

by Mike Godfrey, Tax-News.com, Washington

Friday, September 22, 2017

Mexico's Inland Revenue has announced tax concessions to facilitate foreign assistance for people affected by an earthquake in its capital city on September 19. Read Full Story

ATO Publishes Figures On 'Lost' Super

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

Friday, September 22, 2017

The Australian Taxation Office has said that there are over 6.3 million lost and ATO-held superannuation accounts, with a total value of almost AUD18bn (USD14.3bn). Read Full Story

Malaysia To Legislate To Slap GST On Foreign Sellers

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

Thursday, September 21, 2017

Malaysian authorities are developing draft legislation to level the tax playing field between online retailers and domestic bricks and mortar retailers. Read Full Story

Luxembourg Adapting To International Tax Changes, Says S And P

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, September 21, 2017

While Luxembourg is adapting to changes in the international tax environment, a loss of attractiveness due to stricter international tax regulations poses one of the main risks to growth, according to Standard and Poor's. Read Full Story

Irish Finance Minister Discusses Tax Priorities

by Jason Gorringe, Tax-News.com, London

Thursday, September 21, 2017

Finance Minister Paschal Donohoe has said that Ireland's personal tax system "is not economically efficient and is not sustainable." Read Full Story

Scottish Opposition Generally Favors Income Tax Changes

by Jason Gorringe, Tax-News.com, London

Thursday, September 21, 2017

Scottish opposition parties are marginally in favor of raising income tax rates. Read Full Story

Australia, Indonesia Agree To Tariff Cuts

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

Thursday, September 21, 2017

Australia and Indonesia have agreed to proceed promptly with their plan to implement tariff reductions on key commodities. Read Full Story

Cairn Confirms Final Hearing Date In Indian Tax Dispute

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

Thursday, September 21, 2017

Cairn Energy on September 20 provided an update on the arbitration proceedings taking place as a result of its long-running dispute with the Indian tax authority. Read Full Story

Spain's Andalucia To Waive Tax On Most Inheritances

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, September 21, 2017

Spain's Andalucia region is scaling back inheritance tax for estates left to close family members. Read Full Story

UK, Finnish Firms Say Barrier-Free UK-EU Trade Critical

by Jason Gorringe, Tax-news.com, London

Thursday, September 21, 2017

British and Finnish business associations are calling for Brexit negotiators to minimize trade barriers after the UK leaves the EU in March 2019. Read Full Story

China Plans New Free Zones For E-Commerce Activities

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

Thursday, September 21, 2017

China plans to establish more new pilot zones in the nation aimed at supporting cross-border e-commerce platforms in particular. Read Full Story

Macedonia Urged To Refine Tax System

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, September 21, 2017

Macedonia should reduce labor taxes for lower-income workers and seek to maximize value-added tax (VAT), property tax, and fuel tax collections, the International Monetary Fund has said. Read Full Story

Canada-EU Free Trade Deal Applies From September 21

by Mike Godfrey, Tax-News.com, Washington

Wednesday, September 20, 2017

On September 21, the Comprehensive Economic and Trade Agreement between the EU and Canada entered into force provisionally. Read Full Story

Corporate Inversions To Cost US USD12bn By 2027: CBO

by Mike Godfrey, Tax-News.com, Washington

Wednesday, September 20, 2017

So-called tax inversions could cost the US Government up to USD12bn in lost corporate tax revenues by 2027, a new report from the Congressional Budget Office says. Read Full Story

France Unveils Clean Energy Plan

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, September 20, 2017

French Environment and Energy Minister Nicolas Hulot has outlined plans to encourage households to conserve energy and to persuade car owners to switch to greener vehicles, including with new tax measures and government subsidies. Read Full Story

UK To Support Fast-Growing Mid-Sized Firms On Tax

by Amanda Banks, Tax-News.com, London

Wednesday, September 20, 2017

HM Revenue and Customs is launching a new service to provide expert help to rapidly growing mid-sized businesses. Read Full Story

EU Moving Forward With Digital Company Tax Plans

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, September 20, 2017

The European Union's Economic and Financial Affairs Council (ECOFIN) met on September 15-16, 2017, in Tallinn, Estonia, to discuss ways to tackle international tax challenges posed by the digital economy. Read Full Story

• 21/09/2017 IRS Urged To Reach Out To Payroll Services Providers »
• 21/09/2017 Canadian Revenue Dip 'Linked To Tax Planning' »
• 21/09/2017 Brazil's Rural Tax Settlement Program Deadline Nearing »
• 21/09/2017 UK Gig Economy Workers Warned About Looming Tax Deadline »
• 21/09/2017 Netherlands Boosts Tax Authority Funding »
• 20/09/2017 HMRC To Narrow Scope Of Bank Levy »
• 20/09/2017 China, Maldives Agree Free Trade Agreement »
• 20/09/2017 Deloitte Calls For Cuts To Irish Marginal Tax Rates »
• 20/09/2017 OECD Criticizes Estonia's Dividend Tax Measure »
• 20/09/2017 Australian Health Groups Call For Sugar Tax »
• 20/09/2017 HMRC To Pursue Those Avoiding Landfill Tax »
• 20/09/2017 Japan, Brazil Sign Customs Cooperation Pact »
• 20/09/2017 UK, Canada To Secure FTA Immediately After Brexit »
• 20/09/2017 Pakistan Seeks Tax Enforcement Help From Big Business »
• 20/09/2017 EU Proposes Framework For Screening FDI »
• 19/09/2017 EU Seeking FTAs With Australia, New Zealand »
• 19/09/2017 Firms Seeking Clarity On Irish Tax Rulings »
• 19/09/2017 US Hearing On Improving IRS Appeals Process »
• 19/09/2017 Swiss Bankers Urge Care In Information Exchange »
• 19/09/2017 EFTA Approves Expansion Of Norwegian Maritime Tax Refund Scheme »
• 19/09/2017 EU To Cut Min Import Price On Chinese Solar Panels »
• 19/09/2017 Trump Looks To Democrats To Shore Up Tax Reform Push »
• 19/09/2017 New Zealand Labour Outlines Tax Plans »
• 19/09/2017 Australia Clarifies Small Business Rate Rules »
• 19/09/2017 Fitch Comments On French Life Insurance Tax Changes »