Business News

Switzerland To Draft New Customs Tax Act

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, September 16, 2020

On September 11, 2020, the Swiss Federal Council launched a consultation on proposals for the total revision of the customs system. Read Full Story

New Zealand Updates Virtual Currency Tax Guidance

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

Wednesday, September 16, 2020

New Zealand's Inland Revenue on September 7, 2020, announced the release of updated guidance on the tax treatment of crypto-assets in New Zealand, including virtual currencies. Read Full Story

France Enhances COVID-19 Tax-Free Bonus Scheme

by Ulrika Lomas, Tax-News.com, Brussels

Monday, September 14, 2020

The French tax authority has announced that it will modify and extend a scheme that allows employers to pay workers tax-free bonuses. Read Full Story

UK Reviewing VAT Group Rules

by Jason Gorringe, Tax-News.com, London

Monday, September 14, 2020

The UK Government has recently issued a call for evidence from UK VAT groups on future policy reform. Read Full Story

France Planning EUR20bn In Business Tax Cuts

by Ulrika Lomas, Tax-News.com, Brussels

Monday, September 14, 2020

The French Government has announced proposals to cut taxes on production by EUR20bn (USD23.7bn) in 2021 and 2022. Read Full Story

Ireland Lowers Headline VAT Rate

by Jason Gorringe, Tax-News.com, London

Wednesday, September 9, 2020

A temporary reduction in Ireland's standard rate of VAT entered into force on September 1, 2020. Read Full Story

COVID-19: Netherlands Clarifies Rules For Payment Of Deferred Tax Liabilities

by Ulrika Lomas, Tax-News.com, Brussels

Monday, September 7, 2020

The Dutch tax authority has issued a clarification of the repayment requirements for taxes deferred during the COVID-19 health crisis. Read Full Story

France Expands COVID-19 Tourism Sector Support Scheme

by Ulrika Lomas, Tax-News.com, Brussels

Monday, August 31, 2020

The French Government is extending its COVID-19 financial support package for the tourism sector to various additional business types. Read Full Story

Austria Gazettes Law For COVID-19 Tax Relief Package

by Ulrika Lomas, Tax-News.com, Brussels

Monday, August 31, 2020

Austria has published in its Official Gazette legislation to give effect to tax relief measures included in a recent COVID-19 economic stimulus plan, which among other measures extends the temporary 55 percent top rate of personal income tax. 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

France Launches COVID-19 Tax Settlement Scheme For SMEs

by Ulrika Lomas, Tax-News.com, Brussels

Friday, August 21, 2020

France's General Directorate of Public Finance has launched a scheme that allows small companies to request a specific settlement plan for the payment of their taxes. Read Full Story

Panama Considering SME Corporate Tax Rate Cuts

by Mike Godfrey, Tax-News.com, Washington

Friday, August 21, 2020

Panama's parliament is presenting considering changes to income tax rates for small- and medium-sized businesses, included in Bill 358. Read Full Story