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Taxation News

Italy Releases Tax Forms And Instructions For 2020

by Ulrika Lomas,, Brussels

Thursday, February 6, 2020

On January 31, 2020, the Italian Revenue Agency released instructions on how companies, individuals, corporate groups, and partnerships can comply with their tax return filing obligations during 2020. Read Full Story


Germany, France Issue New EU Common Corporate Tax Proposals

by Ulrika Lomas,, Brussels

Tuesday, June 26, 2018

France and Germany have put forward new proposals for a common corporate tax base in Europe. Read Full Story


SARS Announces Temporary Relief From New CFC Reporting Rules

by Lorys Charalambous,, Cyprus

Friday, March 16, 2018

The South African Revenue Service has announced that it will temporarily permit taxpayers to report information on controlled foreign corporations under the old filing rules, which were replaced in February. Read Full Story


NZ Releases Guidance On Group Loss Relief Rules

by Mary Swire,, Hong Kong

Wednesday, December 27, 2017

New Zealand's Inland Revenue Department has released standard practice statement SPS 17/03 – Loss offset elections between group companies - which sets out the rules for group companies that seek to elect to offset losses. Read Full Story


OECD's Action 5 BEPS Work Producing 'Tangible Results'

by Ulrika Lomas,, Brussels

Wednesday, October 18, 2017

Countries have made substantial progress in ensuring that their preferential tax regimes do not give rise to base erosion and profit shifting issues, according to the OECD's new peer review report under Action 5 of the BEPS Action Plan. Read Full Story


Ireland's 12.5pc Corporate Tax Rate Key For Investors

by Jason Gorringe,, London

Tuesday, June 14, 2016

A one percentage point increase in Ireland's statutory corporate tax rate would reduce its chance of being chosen as a location for new non-EU foreign direct investment projects by 4.6 percent, according to research by the Economic and Social Research Institute. Read Full Story


Dutch Tax Secretary Quizzed On EU Int'l Tax Agenda

by Ulrika Lomas,, Brussels

Tuesday, March 8, 2016

The Dutch EU Presidency wants to make rapid progress on the implementation of the OECD's base erosion and profit shifting project recommendations, Eric Wiebes, the Dutch State Secretary of Finance, told members of the European Parliament's Special Committee on Tax Rulings. Read Full Story


IoM Consultation Launched On PIT Regime Overhaul

by Amanda Banks,, London

Friday, August 14, 2015

The Isle of Man Government on August 14 launched a new public consultation, Proposed Changes to Individual Taxation, on proposals to further simplify the island's income tax system and lift thousands of the lower-paid taxpayers out of the tax net. Read Full Story


ECJ Rules Against French Corporate Tax Provisions

by Ulrika Lomas,, Brussels

Wednesday, June 17, 2015

The European Court of Justice has provided a provisional ruling that recommends that a French tax regime that offers tax benefits exclusively to resident corporate groups contravenes EU law. Read Full Story


Two Swiss VAT Rule Changes From January 1

by Ulrika Lomas,, Brussels

Thursday, December 18, 2014

Changes to Switzerland's value-added tax rules will come into effect from January 1, 2015, through changes to the Value-Added Tax Ordinance. Read Full Story



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