International Tax News

France Announces Tax Support Measures For Businesses

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, March 17, 2020

The French General Directorate of Public Finance has announced that companies and self-employed taxpayers will be able to postpone without penalty upcoming tax payments due to the public health emergency. Read Full Story

Italy Suspends Tax Assessments Over COVID-19

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, March 17, 2020

On March 12, 2020, the Italian Revenue Agency announced the suspension of its audit activities in light of the COVID-19 outbreak. Read Full Story

Netherlands Announces Tax Measures To Mitigate COVID-19

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, March 17, 2020

The Dutch Government will allow taxpayers to defer payments of certain taxes under a new package of coronavirus economic relief measures. Read Full Story

Ireland Announces Help For SMEs With Cash-Flow Issues

by Jason Gorringe, Tax-News.com, London

Tuesday, March 17, 2020

The Irish Revenue has issued advice on the steps it is taking to help SMEs experiencing cashflow and trading difficulties arising from the impact of the coronavirus. Read Full Story

Germany Relaxes Tax Payment Rules

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, March 17, 2020

On March 13, 2020, the German Ministry of Finance announced the relaxation of certain tax payment requirements as part of a package of measures designed to ease the economic impact of the COVID-19 virus. Read Full Story

Germany Issues Draft Guidance On DAC6

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, March 17, 2020

On March 2, 2020, the German Ministry of Finance released a draft discussion document on new rules implementing the sixth European Union Directive on Administrative Cooperation, under which intermediaries are obligated to report certain tax planning schemes. Read Full Story

UK Announces Plastics Tax, Business Rates Relief In 2020 Budget

by Jason Gorringe, Tax-News.com, London

Tuesday, March 17, 2020

The UK's 2020 Budget, released on March 11, 2020, includes proposals to waive business rates on small retailers, to introduce a new tax on plastics, and to remove value-added tax on electronic publications. Read Full Story

Kenya Announces Enforcement Policies In 2020 Budget

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

Tuesday, March 17, 2020

In its 2020 Budget Policy Statement, Kenya's Government announced a number of ongoing tax enforcement and administration initiatives, aimed at boosting collections and voluntary compliance rates. Read Full Story

Spain Legislates For Digital Services Tax

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, March 17, 2020

The Spanish Government has published the draft bill to introduce a digital services tax in Spain, beginning the formal parliamentary process needed to introduce the measure. Read Full Story

Trump Discusses Payroll Tax Cut With Congress

by Mike Godfrey, Tax-News.com Washington

Tuesday, March 17, 2020

On March 9, 2020, United States President Donald Trump revealed that the Administration would begin discussions with Congress on potential tax measures to ease the impact of the coronavirus outbreak, including a payroll tax cut. Read Full Story

OECD Publishes Comments On CbC Reporting Review

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, March 17, 2020

The OECD's public consultation on a review into the new transfer pricing documentation rules proposed as part of BEPS Action 13 has closed. It has published the 79 responses received. Read Full Story

Vietnam Pledges Tax Support Amid Spread Of COVID-19

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

Tuesday, March 17, 2020

The Vietnamese Government has announced its intention to provide fiscal support to businesses impacted by the COVID-19 coronavirus outbreak. Read Full Story