International Law News 

UK Tax Info Request To Dubai Resident Lawful, UK Court Says
by Jason Gorringe, Tax-News.com, London
Tuesday, February 12, 2019
The UK's Court of Appeal has ruled that HM Revenue and Customs acted lawfully when issuing a request to a British expat in Dubai for documents concerning his tax affairs. Read Full Story

IRS Launches Tax Filing Season
by Mike Godfrey, Tax-News.com, Washington
Tuesday, February 5, 2019
The United States Internal Revenue Service has announced that it "successfully" opened the 2019 tax-filing season, with the the agency now accepting and processing federal tax returns for the 2018 tax year. Read Full Story

EU To Probe Potential Abuses Of Citizenship By Investment Schemes
by Ulrika Lomas, Tax-News.com, Brussels
Monday, January 28, 2019
For the first time, the Commission has presented a comprehensive report on investor citizenship and residence schemes operated by a number of EU member states. Read Full Story

New IFRS Accounting Standard On Leases Effective
by Jason Gorringe, Tax-News.com, London
Monday, January 21, 2019
International Financial Reporting Standard 16 'Leases', issued in January 2016, is effective for annual reporting periods starting on or after January 1, 2019. It replaces IAS 17 Leases and related interpretations. Read Full Story

UK Launches Profit Diversion Compliance Facility For MNEs
by Jason Gorringe, Tax-News.com, London
Monday, January 14, 2019
HM Revenue and Customs has announced plans and guidance for a new Profit Diversion Compliance Facility, which is intended to support multinational companies concerned about their transfer pricing arrangements to resolve any issues with the tax agency. Read Full Story

EU Gazettes Directive For Generalised Reverse Charge Mechanism
by Ulrika Lomas, Tax-News.com, Brussels
Monday, January 7, 2019
EU legislation providing for the introduction of the "generalised reverse charge mechanism," to enable member states to better counter value-added tax fraud, has been published in the EU's Official Gazette and will become effective from January 16, 2018. Read Full Story

UK Crown Dependencies Introducing Economic Substance Rules
by Jason Gorringe, Tax-News.com, London
Friday, December 28, 2018
Each of the Crown Dependencies – Jersey, Guernsey, and the Isle of Man – have tabled legislation that will introduce new substance requirements for tax-resident firms engaged in certain industries from January 1, 2019. Read Full Story

Seychelles Enacts BEPS Legislation
by Mary Swire, Tax-News.com, Hong Kong
Friday, December 28, 2018
Seychelles has enacted numerous legislative amendments that are intended to enable Seychelles to comply with the OECD's base erosion and profit shifting (BEPS) minimum standards. Read Full Story

EU VAT Changes On Vouchers To Take Effect
by Ulrika Lomas, Tax-News.com, Brussels
Friday, December 28, 2018
Significant changes to the way that businesses should account for value-added tax on vouchers will become effective on January 1, 2019. Read Full Story

Greece To Cut Corporate Tax
by Ulrika Lomas, Tax-News.com, Brussels
Friday, December 28, 2018
Greece will gradually lower the rate of corporate tax over the next four years, under proposals announced in September and recently approved by the Greek parliament. Read Full Story

Luxembourg Adopts Anti-Tax Avoidance Law
by Ulrika Lomas, Tax-News.com, Brussels
Friday, December 21, 2018
On December 18, 2018, Luxembourg's parliament approved legislation that will implement the European Union Anti-Tax Avoidance Directive. Read Full Story

Philippines To Soon Launch Tax Amnesty
by Mary Swire, Tax-News.com, Hong Kong
Friday, December 21, 2018
Lawmakers in the Philippines have endorsed plans for a tax amnesty scheme that will cover estate taxes, general taxes, and delinquent accounts, covering liabilities up to December 31, 2017. Read Full Story
- 13/12/2018 Ukrainian Corporate Tax Reform Plans Shelved »
- 11/12/2018 ECJ Rules UK Can Unilaterally Ditch Brexit Plans »
- 06/12/2018 Still No Deal On EU Digital Services Tax »
- 29/11/2018 ECJ Rules French Dividend Tax Rules Breach EU Law »
- 27/11/2018 Netherlands Announces Stricter Rules For Tax Rulings »
- 20/11/2018 OECD Reports Progress On Harmful Tax Regimes Work »
- 20/11/2018 UK Seeking To Encourage Audit Market Competition »
- 19/11/2018 Brexit Withdrawal Agreement Put To UK Lawmakers »
- 13/11/2018 Germany's Bundestag Approves VAT Reforms »
- 12/11/2018 Australia Consults On Tax Implications Of Insurance Law Reform »
- 09/11/2018 Swiss Gov't Amends AEOI Ordinance »
- 07/11/2018 Finland To Strengthen CFC Legislation »
- 07/11/2018 HMRC's Large Business Tax Inquiries Now Taking Three Years »
- 07/11/2018 Malaysia Announces Corporate Tax, Sales Tax Reforms In Budget »
- 05/11/2018 FASB Issues New Standard For Variable Interest Entities »
- 02/11/2018 Switzerland Notes Upcoming Tax Changes »
- 02/11/2018 Hong Kong's Parliament Endorses Improved R And D Tax Breaks »
- 31/10/2018 UK Announces Digital Tax, Corporate Tax Reforms In New Budget »
Tax-News Reviews

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

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

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

A review of the latest budget news and government financial statements from around the world.
Stay Updated
Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.
By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.
To manage your mailing list preferences, please click here »
Network Blogs and Features
- complex tax rules and capricious tax inspectors »
- stockpiling paper »
- Hong Kong Business and Work Culture: All you need to know »
- prospects looking rosy »
- The Diamond Industry in UAE »
- Brexit Ramifications For Ireland »
- Easy guide to starting a home-based business in Ohio »
- unintended consequences »
- Basic Guide to Set up a Home Based Business in Hong Kong »
- Life's never simple »