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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

 


OECD Release Landmark TP Guidance On Financial Transactions

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, February 20, 2020

The OECD has released a report providing transfer pricing guidance on financial transactions, as part of its follow-up work on tackling tax base erosion and profit shifting, under Actions 4, 8, 9, and 10 of the BEPS Action Plan. Read Full Story

 


Korea Enacts 2019 Tax Revision Bill

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

Wednesday, January 15, 2020

The Korean Government has announced that the 2019 Tax Revision Bill was enacted on January 6, 2020, with a number of new measures added to the existing proposals. 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

 


German Lawmakers Reject VAT Cut On Rail Fares

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 6, 2019

The upper house of the German parliament, the Bundesrat, has rejected certain tax elements of the Government's climate protection plan, including a reduction in value-added tax on long-distance rail travel. Read Full Story

 


Tax Agencies Meet To Discuss Use Of Big Data Analysis

by Ulrika Lomas, Tax-News.com, Brussels

Friday, October 18, 2019

Tax agencies from 31 countries discussed the ways they are using data analysis tools to improve tax enforcement and administration, at the first meeting of the IOTA Forum on Tax Debt Management, held in Prague, Czech Republic, On October 1-3, 2019. Read Full Story

 


Algeria Releases 2020 Draft Budget

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, October 4, 2019

Algeria has released its draft Budget Law for 2020, including proposals for a number of tax reliefs. Read Full Story

 


Zambia Decides To Keep VAT, Amend Tax For Miners In 2020 Budget

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, October 4, 2019

Zambia announced that it will retain value-aded tax but strengthen its administration and make changes to the tax environment for mining companies in the 2020 Budget, released on September 27, 2019. Read Full Story

 


Netherlands Planning Slower But Deeper Corporate Tax Cut

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 20, 2019

On September 17, 2019, Dutch State Secretary for Finance Menno Snel presented the Government's 2020 Tax Plan to the House of Representatives. It includes revised plans for corporate tax cuts. Read Full Story

 


OECD Says Pace Of Global Tax Reform Has Slowed

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, September 5, 2019

The pace of tax reform has slowed across most leading economies, a new report from the OECD says, calling for bolder tax reforms to address future challenges. Read Full Story

 

 

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