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EU Seeks Input On New Withholding Tax Directive

by Ulrika Lomas, Tax-News.com, Brussels

Monday, October 4, 2021

On September 28, 2021, the European Commission launched a consultation on a proposed Directive that would obligate member states to introduce the same rules regarding withholding tax on dividend and interest payments. Read Full Story

 


Colombia Enacts Decree To Support Struggling Firms

by Mike Godfrey, Tax-News.com, Washington

Wednesday, August 25, 2021

The Colombian Government has issued Decree 939 of August 19, 2021, which enables the tax agency to revise an assessment for potentially viable companies that are facing insolvency, where doing so may save the company and jobs. Read Full Story

 


OECD Receives Backing For Historic International Tax Overhaul

by Ulrika Lomas, Tax-News.com, Brussels

Friday, August 6, 2021

The OECD has said 131 countries and jurisdictions have put their name to an international agreement on an overhaul to tax rules for the digitalized economy and for large multinational businesses. Read Full Story

 


Hong Kong, Georgia Tax Deal To Enter Into Force

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

Friday, August 6, 2021

The Hong Kong Government has announced that the comprehensive double tax agreement it signed with Georgia last year will enter into force on July 1. Read Full Story

 


Hong Kong Again Slashes Interest On Early Tax Payments

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

Wednesday, June 9, 2021

The Hong Kong Inland Revenue Department has announced a further reduction to the interest rate payable on Tax Reserve Certificates. Read Full Story

 


US IRS Flags Deadline For Q2 Estimated Tax Payments

by Mike Godfrey, Tax-News.com, Washington

Wednesday, June 9, 2021

The US Internal Revenue Service has issued a reminder to taxpayers who pay estimated taxes that they have until June 15 to pay their estimated tax payment for the second quarter of tax year 2021 without incurring a penalty. Read Full Story

 


Putin Signs Law To Withdraw From Dutch DTA

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, June 9, 2021

Russia's President Vladimir Putin has signed a law to terminate the country's double tax agreement with the Netherlands. Read Full Story

 


New Zealand Explains Recent Tax Law Changes

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

Thursday, April 15, 2021

The New Zealand Inland Revenue Department has released a new "special report" to provide guidance on changes to real property tax rules and other tax rules that were included in the Taxation (Annual Rates for 2020–21, Feasibility Expenditure, and Remedial Matters) Act 2021. Read Full Story

 


US IRS Reminds Of FBAR Filing Obligation

by Mike Godfrey, Tax-News.com, Washington

Thursday, April 15, 2021

The Internal Revenue Service is reminding US citizens, resident aliens, and any domestic legal entity that the deadline to file their annual Report of Foreign Bank and Financial Accounts (FBAR) is still April 15, 2021. Read Full Story

 


EU Committed To Boosting Tax Take From Digital Economy

by Ulrika Lomas, Tax-News.com, Brussels

Friday, March 19, 2021

The EU is willing to move ahead with its own proposals on taxing the digital economy if an agreement is not reached at an international level, according to the current EU Council presidency. Read Full Story

 

 

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