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Compliance News




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

 


Italy Finalizes Rules For New Patent Box Regime

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, August 8, 2019

Italy's tax agency on July 30, 2019, published a definitive version of the rules for the operation of the country's patent box regime. Read Full Story

 


Singapore Issues GST Form Instructions For Reverse Charge Supplies

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

Thursday, August 8, 2019

The Inland Revenue Authority of Singapore (IRAS) has released new guidance for GST-registered persons on the completion of new boxes in the GST F5 return from next year. Read Full Story

 


Austria To Introduce New Angel Investor Tax Breaks

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, August 8, 2019

The European Commission has approved an Austrian tax incentive for mid-sized business financing companies. Read Full Story

 


Greek Lawmakers Approve Property Tax Relief

by Ulrika Lomas, Tax-News.con, Brussels

Thursday, August 8, 2019

On July 30, 2019, the Greek parliament approved government proposals for a reduction in the unified property tax, ENFIA, and relaxed repayment rules for individuals with other tax debts. Read Full Story

 


Canada To Legislate For Budget Tax Reforms

by Mike Godfrey, Tax-News.com, Washington

Thursday, August 8, 2019

The Canadian Government is consulting on draft legislative proposals to implement a number of tax measures announced in the 2019 Budget. Read Full Story

 


Ireland Issues Guidance On New Anti-Hybrid Mismatch Rules

by Jason Gorringe, Tax-News.com, London

Thursday, July 25, 2019

The Irish Government has released additional guidance on its proposals for new anti-hybrid rules, responding to feedback to a consultation launched in November 2018. Read Full Story

 


Polish Lower House Approves VAT Split Payment Rules

by Ulrika Lomas, Tax-News.con, Brussels

Thursday, July 25, 2019

On July 19, 2019, the lower house of the Polish parliament, the Sjem, approved legislation to introduce a mandatory value-added tax split payment mechanism on certain supplies and to reduce rates of VAT on numerous goods and services, including electronic publications. 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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