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International Tax News



Swiss Advisory Board Recommends WHT, Property Tax Reform

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 36 hours ago | Monday, January 21, 2019

The advisory board tasked with reporting on the state of Switzerland's financial centre has recommended changes to the country's withholding tax and property tax regimes. Read Full Story


Italy Lists Companies Covered By VAT Split Payment Regime

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 36 hours ago | Monday, January 21, 2019

The Italian Department of Finance has released new lists of government and private sector entities covered by Italy's split-payment mechanism. Read Full Story


New IFRS Accounting Standard On Leases Effective

by Jason Gorringe, Tax-News.com, London

Last updated 36 hours ago | 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


Ukraine To Launch Transfer Pricing Unit

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 36 hours ago | Monday, January 21, 2019

On January 9, 2018, the Ukrainian State Fiscal Service announced that a new department dedicated to transfer pricing and international and large business tax issues will be established. Read Full Story


Germany's CDU Party Calls For Corporate Tax Cut

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 36 hours ago | Monday, January 21, 2019

Annegret Kramp-Karrenbauer, chair of the German Christian Democrat Union (CDU), has said that the Government should consider cutting corporate tax to help stave off a slowdown in the economy. Read Full Story


Belgium Introduces Optional VAT On Property Leases

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 36 hours ago | Monday, January 21, 2019

On January 10, 2018, the Belgian Ministry of Finance reminded taxpayers letting and leasing certain real estate that they can opt in to the value-added tax regime. Read Full Story


Swiss Tax Deals With Brazil To Become Effective

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 36 hours ago | Monday, January 21, 2019

Authorities in Switzerland and Brazil will begin exchanging tax information from January 1, 2020. Read Full Story


Record Year For UK Crown Dependencies' Stock Exchange

by Jason Gorringe, Tax-News.com, London

Monday, January 14, 2019

The International Stock Exchange (TISE) – formerly the Channel Islands Stock Exchange – has announced there were a record 865 new listings during 2018, up 22.7 percent on 2017. 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


Mexico Enacts Decree For Tax Cuts In Border States

by Mike Godfrey, Tax-News.com, Washington

Monday, January 14, 2019

Mexican President Andres Manuel Lopez Obrador has signed a decree providing for tax cuts in the Mexican states bordering the United States. Read Full Story


Finland-Portugal Tax Treaty Terminated

by Ulrika Lomas, Tax-News.com, Brussels

Monday, January 14, 2019

The Portuguese Government has confirmed in a notice published in its Official Gazette that Portugal's tax treaty with Finland has been terminated effective January 1, 2019. 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












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