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United States News - Business, Taxation & Offshore



Cyprus, US To Begin Exchanging CbC Reports

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, September 22, 2020

Cyprus has announced that a deal for the exchange of country-by-country reports between the territory and the US is expected to become effective and cover reporting years starting on or after January 1, 2020.Read Full Story


German FM Scholz Optimistic About 2020 Digital Tax Consensus

by Ulrika Lomas, Tax-News.com, Brussels

Monday, August 31, 2020

German Finance Minister Olaf Scholz is optimistic that an international agreement on taxing the digital economy will be reached this year. Read Full Story


UK Treasury Rules Out Digital Tax Repeal

by Jason Gorringe, Tax-News.com, London

Monday, August 31, 2020

The UK Government has dismissed speculation that it will repeal its digital services tax in a bid to secure a post-Brexit free trade agreement with the United States. Read Full Story


US-Swiss Agreement Published On Mandatory Binding Arbitration

by Mike Godfrey, Tax-News.com Washington

Monday, August 31, 2020

The US Internal Revenue Service (IRS) has released the text of an arbitration agreement between the US and Switzerland, in Internal Revenue Bulletin 2020-35, published August 24.Read Full Story


OECD Releases New Action 14 Peer Review Reports

by Ulrika Lomas, Tax-News.com, Brussels

Friday, July 31, 2020

The OECD has released peer review reports reviewing nine territories' progress towards implementing the BEPS Action 14 standard, on improving tax dispute resolution. Read Full Story


US Businesses Urge Against Starting A Digital Tax 'Trade War'

by Mike Godfrey, Tax-News.com, Washington

Friday, July 24, 2020

The United States Council for International Business has called on US authorities to focus its efforts on working with other countries to arrive at an international tax solution to the digitalized economy, rather than tackling countries' unilateral responses.Read Full Story














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A review and forecast of Cyprus's international business, legal and investment climate.

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