Currency News

OECD Indicates New Focus On Virtual Currency Tax Issues
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, October 20, 2020
The OECD has released a new report on countries' tax rules for virtual currencies, alongside an announcement that the Common Reporting Standard will be expanded next year to newly cover virtual currency assets. Read Full Story

Turkey Cuts Tax On Forex Transactions
by Lorys Charalambous, Tax-News.com, Cyprus
Monday, October 5, 2020
Turkey has reversed an increase to the country's Banking Insurance Transaction Tax (BSMV) on foreign currency and gold purchases. Read Full Story

Cyprus Adds To Guidance On Calculation Of NIDs
by Lorys Charalambous, Tax-News.com, Cyprus
Tuesday, September 29, 2020
The Cyprus Tax Department has released ten-year government bond yield rates for five new territories, to support businesses in calculating claims for Cyprus's Notional Interest Deduction. The rates are for Bermuda, Denmark, Jordan, Portugal, and Switzerland. Read Full Story

France Lowers Threshold For Tourist VAT Refunds
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, September 22, 2020
France has cut the amount that tourists must spend to claim back the VAT on their purchases. Read Full Story

France Clarifies Eligibility For COVID-19 Property Tax Reliefs
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, August 18, 2020
The French Government has listed the businesses that may exceptionally benefit from a two-thirds reduction in local property tax. Read Full Story

J5 Group Marks Two Years Of Collaboration On Tackling Fiscal Crime
by Mike Godfrey, Tax-News.com Washington
Friday, July 17, 2020
On July 13, 2020, the US Internal Revenue Service (IRS) issued a progress report on the last two years' work of the J5 group of five advanced countries, who are working collaboratively to tackle cross-border tax fraud. Read Full Story

New Zealand Proposing GST Exemption For Crypto-Assets
by Mary Swire, Tax-News.com, Hong Kong
Tuesday, March 17, 2020
New Zealand's Inland Revenue Department has announced the launch of a consultation on potential reforms to improve the goods and services tax regime. Read Full Story

US IRS Updates Virtual Currency FAQs
by Mike Godfrey, Tax-News.com Washington
Wednesday, January 15, 2020
The United States Internal Revenue Service has recently updated its list of frequently asked questions and answers on the tax treatment of transactions involving virtual currencies. Read Full Story

Singapore Announces Plans For GST Reforms
by Mary Swire, Tax-News.com, Hong Kong
Friday, November 8, 2019
Singapore is to add provisions to draft legislation to enhance the new GST regime for imported services and clarify new rules for virtual currencies. Read Full Story

Warren Announces US Corporate Tax And Wealth Tax Plans
by Mike Godfrey, Tax-News.com Washington
Friday, November 8, 2019
On November 1, 2019, the presidential campaign of United States Senator Elizabeth Warren (D-MA) published plans for a system of universal Medicare that will be partially funded by tax increases on large corporations and wealthy individuals, as well as by stricter anti-tax avoidance rules. Read Full Story
Page 1
Tax-News Reviews

A review and forecast of Cyprus's international business, legal and investment climate.

A review and forecast of Malta's international business, legal and investment climate.

A review and forecast of Jersey's international business, legal and investment climate.

A review of the latest budget news and government financial statements from around the world.
Stay Updated
Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.
By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.
To manage your mailing list preferences, please click here »
Network Blogs and Features
- Big changes Afoot... »
- I.T. is IT! »
- What Is a Registered Agent, and Why You Need a Registered Agent for Your Business? »
- Spring Cleaning? »
- Brexit and Covid and Tax, Oh My! »
- Why is the Hong Kong startup ecosystem growing rapidly? »
- Happy Holidays? »
- COVID Continues To Capture Headlines »
- Taxing The Zeroes And Ones »
- Value Added News... »