Compliance News
EU Unveils Proposals On Digital Taxation
by Ulrika Lomas, Tax-News.com, Brussels
Friday, September 22, 2017
The European Commission has published its vision for the "fair taxation" of the digital economy, with options including a new EU equalization tax on the turnover of digitalized companies. Read Full Story
UK Gig Economy Workers Warned About Looming Tax Deadline
by Jason Gorringe, Tax-news.com, London
Wednesday, September 20, 2017
Those UK taxpayers performing irregular work or receiving income from the nascent "gig economy" should consider whether they need to register for self-assessment tax with the UK tax authority, the Low Incomes Tax Reform Group (LITRG) has said. Read Full Story
EU Moving Forward With Digital Company Tax Plans
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, September 20, 2017
The European Union's Economic and Financial Affairs Council (ECOFIN) met on September 15-16, 2017, in Tallinn, Estonia, to discuss ways to tackle international tax challenges posed by the digital economy. Read Full Story
UK To Support Fast-Growing Mid-Sized Firms On Tax
by Amanda Banks, Tax-News.com, London
Wednesday, September 20, 2017
HM Revenue and Customs is launching a new service to provide expert help to rapidly growing mid-sized businesses. Read Full Story
Pakistan Seeks Tax Enforcement Help From Big Business
by Mary Swire, Tax-News.com, Hong Kong
Tuesday, September 19, 2017
Pakistan's Federal Board of Revenue has launched a campaign to improve taxpayer compliance rates, with large organizations in the country being asked to ensure their employees report their income. Read Full Story
EU Proposes Framework For Screening FDI
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, September 19, 2017
The European Commission has announced plans to establish a new framework for screening foreign direct investment into the EU. Read Full Story
US Hearing On Improving IRS Appeals Process
by Mike Godfrey, Tax-News.com, Washington
Monday, September 18, 2017
On September 13, the US Ways and Means Oversight Subcommittee launched a hearing on improving the resolution process for taxpayer disputes and appeals with the Internal Revenue Service. Read Full Story
Swiss Bankers Urge Care In Information Exchange
by Ulrika Lomas, Tax-news.com, Brussels
Monday, September 18, 2017
The CEO of the Swiss Bankers Association has stressed that confidentiality, data security, and data protection requirements must be complied with when the automatic exchange of tax information gets underway. Read Full Story
Trudeau Defends Controversial Tax Proposals
by Mike Godfrey, Tax-News.com, Washington
Friday, September 15, 2017
Canadian Prime Minister Justin Trudeau has said that no one earning less than CAD150,000 (USD123,154) will be affected by his Government's plan to crack down on tax planning strategies used by private corporations. Read Full Story
EU's PANA Committee Visits Switzerland
by Ulrika Lomas, Tax-News.com, Brussels
Friday, September 15, 2017
A delegation from the European Parliament's PANA Committee will travel to Switzerland to discuss the efforts being taken to combat money laundering, terrorist financing, and tax offences. Read Full Story
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