International Law News

Cayman Tables Law For Digital Asset Business Regime

by Jason Gorringe, Tax-News.com, London

Tuesday, November 17, 2020

The Government of the Cayman Islands has published legislation in its Official Gazette to introduce a regulatory regime for virtual asset service providers (VASPs). Read Full Story

Switzerland To Overhaul Domestic Law Governing Double Tax Pacts

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, November 10, 2020

The Swiss Federal Council has approved proposed legislative changes to alter how the country interprets double tax agreement provisions. Read Full Story

Belgium Taken To Task For Three Tax Regime Features

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, November 10, 2020

The European Commission is undertaking infringement proceedings against Belgium regarding the taxation of shares held by life insurance companies, the taxation of income from savings deposits, and the deductibility of alimony payments. Read Full Story

Ukraine, Austria To Raise Tax Rates In Double Tax Pact

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, October 20, 2020

Ukraine and Austria intend to revise their double tax agreement to raise rates of tax on cross-border income and introduce measures to combat tax base erosion and profit shifting. Read Full Story

Germany Issues EU Presidency Tax Priorities

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, September 29, 2020

On September 22, 2020, Germany provided further details about the government's tax policy priorities for its presidency of the European Union. Read Full Story

UAE To Allow Loans Secured By Movable Property

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, September 22, 2020

The United Arab Emirates has released a new law that would allow businesses to use movable property to secure bank and commercial loans. Read Full Story

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

Malta Releases Guidance On EU Anti-Tax Avoidance Directives

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, September 7, 2020

Malta's Commissioner for Revenue on August 31, 2020, published guidelines on domestic regulations to implement the EU's Anti-Tax Avoidance Directives. Read Full Story

Germany Releases New VAT Manual For 2019/20

by Ulrika Lomas, Tax-News.com, Brussels

Monday, September 7, 2020

On September 2, 2020, the German Ministry of Finance announced that the official value-added tax manual for 2019/20 has been published online. Read Full Story

UK, Austria Sign Deal On Granting Tax Treaty Benefits

by Jason Gorringe, Tax-News.com, London

Monday, September 7, 2020

HM Revenue and Customs has announced that it is has agreed changes with authorities in Austria regarding how the two authorities will deal with requests for relief under the two countries' tax treaty. 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

UK Issues Final Loan Charge Guidance

by Jason Gorringe, Tax-News.com, London

Friday, August 21, 2020

The UK tax authority has published final guidance on the Loan Charge regime, following the enactment of amendments in the UK Finance Bill 2019-21. Read Full Story