International Tax News

US Urged To Trim Tax Form W-4

by Mike Godfrey, Tax-News.com, Washington

Last updated 43 hours ago | Monday, July 16, 2018

The American Institute of CPAs has urged the Internal Revenue Service and the US Treasury Department to simplify the draft 2019 Form W-4, Employee's Withholding Allowance Certificate, and the accompanying instructions, to reduce administrative burdens on taxpayers. Read Full Story

South Africa Drops Paper Forms To Encourage E-Filiing

by Lorys Charalambous, Tax-News.com, Cyprus

Last updated 43 hours ago | Monday, July 16, 2018

The South African Revenue Service has removed certain paper forms from its branches in an attempt to encourage more taxpayers to file tax returns electronically. Read Full Story

Netherlands Ponders New Aviation Tax

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 43 hours ago | Monday, July 16, 2018

The Dutch Government has begun a public consultation exercise on plans to introduce a new tax on air travel by 2021. Read Full Story

Australian Tax Changes Effective From July 1

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

Friday, July 6, 2018

The Australian Government has set out the numerous changes made to the tax system on July 1 and launched a consultation on new tax rules for "stapled structures." Read Full Story

UK Legislates To Adopt New EU VAT Rules For Vouchers

by Jason Gorringe, Tax-News.com, London

Friday, July 6, 2018

On July 6, 2018, the UK Government issued draft legislation that would transpose new EU value-added tax rules on vouchers into UK law, along with an explanatory memorandum of the changes. Read Full Story

IMF Urges US To Hike Indirect Taxes

by Mike Godfrey, Tax-News.com, Washington

Friday, July 6, 2018

The International Monetary Fund has recommended that the United States raise indirect taxes to boost revenues, to offset the cost of recent tax cuts and spending increases. Read Full Story

Pakistani Tax Amnesties Extended Until July 31

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

Monday, July 9, 2018

Pakistan's Government has approved a one-month extension to tax amnesties for companies and individuals, which were due to end on June 30, 2018. Read Full Story

Ontario Withdraws Support For Canadian Carbon Taxes

by Mike Godfrey, Tax-News.com, Washington

Last updated 43 hours ago | Monday, July 16, 2018

Ontario's new government has scrapped the province's cap-and-trade carbon pricing regime, effective July 3. Read Full Story

OECD Welcomes Dutch Efforts To Counter BEPS

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, July 4, 2018

The OECD has welcomed efforts by the Dutch Government to tackle base erosion and profit shifting but called for the overall tax regime to be simplified, including in area of value-added tax. Read Full Story

Danish Tax Agency Overhaul Complete

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, July 4, 2018

An administrative overhaul of Denmark's tax authority was instituted on July 1, with a series of new specialized boards becoming operational. Read Full Story

IRS Announces Plans To Simplify Personal Income Tax Return

by Mike Godfrey, Tax-News.com, Washington

Monday, July 9, 2018

The US Internal Revenue Service has announced plans to streamline the personal income tax return for the 2019 tax filing season, to reflect changes brought about by the Tax Cuts and Jobs Act. Read Full Story

Wolters Kluwer Tax Expert Weighs In On Landmark Wayfair Ruling

by Mike Godfrey, Tax-News.com, Washington

Friday, June 29, 2018

The decision by the US Supreme Court to drop the physical presence requirement for states to impose sales tax will have an "incredible impact" on states' tax regimes and revenues, according to Mark Friedlich, Senior Director of Tax and Accounting, North America, Wolters Kluwer. Read Full Story