Investment News

Switzerland To Add Anti-BEPS Provisions To Two Treaties
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, September 9, 2020
On August 26, 2020, the Swiss Federal Council ratified a new double taxation agreement with Bahrain and a Protocol to revise its DTA with Kuwait. Read Full Story

Belgium Redrafts Tax Form For New COVID-19 Tax Break
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, August 18, 2020
The Belgian Government has released a new form for SME corporate taxpayers to access tax reliefs for investments, which were enhanced in response to COVID-19. Read Full Story

OECD Releases New Action 14 Peer Review Reports
by Ulrika Lomas, Tax-News.com, Brussels
Friday, July 31, 2020
The OECD has released peer review reports reviewing nine territories' progress towards implementing the BEPS Action 14 standard, on improving tax dispute resolution. Read Full Story

German Parliament Approves COVID-19 Tax Package
by Ulrika Lomas, Tax-News.com, Brussels
Friday, July 3, 2020
Both houses of the German parliament have now approved the EUR130bn (USD146bn) COVID-19 economic stimulus plan, which includes numerous tax relief measures. Read Full Story

COVID-19: Austria To Bring Forward Individual Income Tax Cut
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, June 25, 2020
Austrian Finance Minister Gernot Blumel said on June 16, 2020, that elements of an income tax cut package agreed by the governing coalition earlier this year will be brought forward as part of a post-COVID-19 economic stimulus package. Read Full Story

German Cabinet Approves COVID-19 Stimulus Package
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, June 25, 2020
A EUR130bn (USD148bn) fiscal stimulus package with numerous tax measures, intended to help revive the German economy following the COVID-19 pandemic, was approved by the Federal Cabinet on June 12, 2020. Read Full Story

UAE Adapts Economic Substance Rules To COVID-19
by Lorys Charalambous, Tax-News.com, Cyprus
Thursday, June 25, 2020

Australia Flags Contrived Tax Avoidance Arrangement
by Mary Swire, Tax-News.com, Hong Kong
Thursday, May 28, 2020
The Australian Taxation Office has issued a Taxpayer Alert on mischaracterized arrangements and schemes connected with direct foreign investment into Australian businesses. Read Full Story

Irish Businesses Seek Tax Support To Bounce Back From COVID-19
by Jason Gorringe, Tax-News.com, London
Thursday, May 28, 2020
Irish business association Ibec has called for the establishment of a Commission on Taxation, as part of a package of measures to "reboot" the economy after the coronavirus pandemic. Read Full Story

No New Tax Announcements In New Zealand's 2020 Budget
by Mary Swire, Tax-News.com, Hong Kong
Thursday, May 28, 2020
New Zealand's new 2020 Budget, announced on May 14, highlighted recently enacted tax measures and announced the creation of a new NZD50bn COVID-19 Response and Recovery Fund. Read Full Story
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