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Finance 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

 


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

 


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Germany Issues Draft Guidance On DAC6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

 


Namibia To Repeal 'Harmful' Tax Incentives

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, March 3, 2020

Namibia's Minister of Finance, Calle Schlettwein, has tabled a legislative amendment in parliament that will repeal certain tax incentives attached to Export Processing Zones as well as those aimed at the manufacturing sector. Read Full Story

 


Austria Launches Task Force On Environmental Tax Reform

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, March 3, 2020

Austrian Finance Minister Gernot Blumel has announced the launch of a task force to carry forward the Government's proposed environmental tax reforms. Read Full Story

 


EU Finance Ministers Issue Joint Statement On Digital Taxation

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, March 3, 2020

The finance ministers of France, Germany, Italy, and Spain have put their names to a statement calling for countries to reach an agreement on solving the tax challenges of the digital economy by the end of 2020. Read Full Story

 


Austria May Pull Out Of European Financial Transactions Tax Talks

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, March 3, 2020

On February 19, 2020, German Finance Minister Olaf Scholz issued a statement to say that he remains "committed" to the introduction of a financial transactions tax at European Union level along the same lines as that proposed by the German Government last month, despite opposition from within the EU, notably from Austria. Read Full Story

 


Democrat Bill Targets GILTI High-Tax Exclusion

by Mike Godfrey, Tax-News.com Washington

Thursday, February 20, 2020

Democrats in the United States Senate have introduced a bill that would block proposals to introduce a "high-tax exemption" to the Global Intangible Low-Tax Income regime. Read Full Story

 


France Confirms Postponement Of DST Payments

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, February 20, 2020

France's Directorate General of Public Finance confirmed in a statement issued on February 10, 2020, that companies liable for the country's digital services tax can delay payment of upcoming installments of the tax until December 2020. Read Full Story

 

 

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