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International Law News



India Gazettes Law For Budget Tax Changes

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

Thursday, August 8, 2019

India has published in its Official Gazette legislation to give effect to tax announcements in the 2019-20 Budget. Read Full Story


Germany To Close Tax Loophole For Enveloped Dwellings

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, August 8, 2019

The German Government has announced proposals that would curb land transfer tax avoidance involving the purchase of properties held by companies. Read Full Story


Georgia To Harmonize VAT Law With EU VAT Directive

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, August 8, 2019

Georgia's Ministry of Finance has launched a new consultation on value-added tax amendments that are intended to align Georgia's value-added tax law with EU VAT law provisions. Read Full Story


IRS Responds To Altera Ruling On Cost Sharing Arrangements

by Mike Godfrey, Tax-News.com, Washington

Thursday, August 8, 2019

On July 31, 2019, the United States Internal Revenue Service issued a memorandum for all Large Business and International Division employees informing them of the withdrawal of a directive regarding cost sharing arrangements in the light of the recent Court of Appeals ruling in the Altera case. Read Full Story


Oman Says VAT Not On The Backburner

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, August 8, 2019

Oman's Government has released a statement confirming that it is preparing to introduce VAT legislation into parliament to implement the levy without delay. Read Full Story


Kosovo's New Corporate Income Tax Law In Force

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

Thursday, August 8, 2019

Kosovo's new corporate income tax law has entered into force and is effective from January 1, 2019. Read Full Story


Mauritius Gazettes Budget Tax Measures

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, August 8, 2019

Mauritius has published in its Official Gazette legislation to enact measures announced in the territory's latest Budget, contained in The Finance (Miscellaneous Provisions) Act 2019. Read Full Story


Gibraltar Adopts EU Dispute Resolution Rules

by Jason Gorringe, Tax-News.com, London

Thursday, August 8, 2019

Gibraltar has enacted new regulations to transpose the EU's new tax dispute resolution mechanisms, set out in EU Council Directive 2017/1852, into Gibraltar's domestic tax law. Read Full Story


NZ Issues Guidance On Fixing Errors In Tax Submissions

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

Thursday, July 25, 2019

New Zealand's Inland Revenue Department has released a new standard practice statement to explain when and how the Commissioner will exercise discretion in amending a taxpayer's assessment to ensure correctness. Read Full Story


IRS Clarifies FTC Rules For French Social Taxes

by Mike Godfrey, Tax-News.com, Washington

Thursday, July 25, 2019

On July 19, 2019, the United States Internal Revenue Service updated its webpage on foreign tax credits to clarify that it will not challenge foreign tax credit claims involving certain French taxes. Read Full Story


UK To Proceed With Plans For Plastics Tax

by Jason Gorringe, Tax-News.com, London

Thursday, July 25, 2019

The UK Government has confirmed that it will proceed with its plans to introduce a plastics packaging tax. Read Full Story


IRS's New Enforcement Initiatives Are Aimed At Individuals

by Mike Godfrey, Tax-News.com, Washington

Thursday, July 25, 2019

On July 19, 2019, the United States Internal Revenue Service Large Business and International Division announced six additional compliance campaigns. Read Full Story











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Cyprus Review

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

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

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Jersey Review

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

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Budget Review

A review of the latest budget news and government financial statements from around the world.

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