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Transfer Pricing News




Spain To Press Ahead With Digital Tax

by Ulrika Lomas, Tax-News.con, Brussels

Thursday, July 25, 2019

Spain's acting Economy Minister, Nadia Calvino, said the Government will seek approval of legislation to introduce a digital services tax at the earliest opportunity. Read Full Story

 


G7 Backs OECD In Push For Global Digital Tax Response

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, July 25, 2019

G7 finance ministers have said that there is an urgent need to address the tax challenges posed by the digitalization of the economy. Read Full Story

 


Finland To Issue Tax Guidance On Valuing Non-Cash Dividends

by Ulrika Lomas, Tax-News.con, Brussels

Thursday, July 25, 2019

The Finnish Tax Administration, the Vero Skatt, informed taxpayers on July 16, 2019, that it intends to update its guidance on the taxation of non-cash dividends after discovering an increase in the payment of dividends in non-cash form by publicly traded companies. Read Full Story

 


Vietnam To Focus On Transfer Pricing Abuse, Tax Debtors

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

Thursday, July 25, 2019

Officials from Vietnam's General Department of Taxation (GDT) are to focus on challenging tax avoidance and evasion involving corporate groups, with an especial focus on transfer pricing. Read Full Story

 


IRS Provides Additional Transition Tax Guidance

by Mike Godfrey, Tax-News.com, Washington

Thursday, July 25, 2019

On July 16, 2019, the United States Internal Revenue Service announced the publication of additional information to help taxpayers meet their filing and payment requirements in respect of the Section 965 transition tax on untaxed foreign earnings. Read Full Story

 


US Senate Approves Changes To Four Double Tax Pacts

by Mike Godfrey, Tax-News.com, Washington

Thursday, July 25, 2019

The United States Senate has approved protocols to four existing bilateral double tax avoidance treaties that have been pending in the chamber for as much as a decade. Read Full Story

 


Slovenia To Launch VAT Probe Into Consignees

by Ulrika Lomas, Tax-News.con, Brussels

Thursday, July 25, 2019

The Slovenian tax authority announced on July 9, 2019, that it will increase tax compliance checks on companies carrying out certain services for foreign e-commerce platforms to ensure they are charging VAT when required. Read Full Story

 


OECD Seeks Feedback On Dispute Resolution In Ten Jurisdictions

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, July 25, 2019

The OECD has requested stakeholders' input on the dispute resolution processes in place in Andorra, Anguilla, Bahamas, Bermuda, the British Virgin Islands, the Cayman Islands, the Faroe Islands, Macau (China), Morocco, and Tunisia. Read Full Story

 


Seychelles Seeks Input On Corporate Tax Regime Overhaul

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, July 16, 2019

The Government of Seychelles has launched a consultation to seek views on an overhaul to the territory's business tax regime, with a new regime proposed to be implemented from 2020. Read Full Story

 


Brazil To Align Transfer Pricing Rules With OECD Guidelines

by Mike Godfrey, Tax-News.com, Washington

Tuesday, July 16, 2019

The OECD and Brazil's Receita Federal issued a joint statement at an event on July 11, 2019, to present the outcomes of a 15-month work program carried out by OECD and the RFB on Brazil's transfer pricing rules and the options for aligning them with the OECD's guidelines. Read Full Story

 

 

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