EU Removes Bahamas, Saint Kitts From Tax Blacklist

by Ulrika Lomas, Tax-News.com, Brussels

Monday, June 4, 2018

The EU on May 25 removed the Bahamas and Saint Kitts and Nevis from its list of non-cooperative tax jurisdictions. Read Full Story

UAE Issues Guidance On Reclaiming VAT On New House Builds

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, May 22, 2018

The United Arab Emirates' Federal Tax Authority has issued guidance on obtaining refunds of value-added tax on new homes. Read Full Story

UAE Waives VAT On Precious Metals Trading

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, May 3, 2018

The UAE's Cabinet has announced that wholesale trading in gold and diamonds will be made exempt from value-added tax. Read Full Story

Malta Ratifies BEPS Convention

by Jason Gorringe, Tax-News.com, London

Thursday, May 3, 2018

Malta has become the latest country to ratify the OECD's multilateral convention to counter base erosion and profit shifting. Read Full Story

UAE's First VAT Quarterly Filing Deadline April 29

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, April 27, 2018

The first quarterly value-added tax filing deadline of April 29 is fast approaching in the United Arab Emirates, with more than 90,000 taxpayers said to be affected. Read Full Story

BEPS Multilateral Instrument To Enter Into Force

by Ulrika Lomas, Tax-News.com, Brussels

Friday, March 23, 2018

The OECD has announced that its multilateral convention to implement tax treaty-related measures to counter base erosion and profit shifting will enter into force on July 1, 2018. Read Full Story

EU Announces Sanctions For 'Blacklisted' Countries

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, March 22, 2018

The European Commission is to take steps to ensure that EU external development and investment funds cannot be channelled or transited through entities in countries included on the EU's "blacklist" of non-cooperative tax jurisdictions. Read Full Story

Tax-Privileged Free Trade Zones The OECD's Next Target

by Ulrika Lomas, Tax-News.com, Brussels

Monday, March 19, 2018

In a new report, the OECD has drawn attention to criminal activity in free trade zones, which typically offer tax privileges and lighter regulation, highlighting that they may be unintentionally fostering growth in counterfeit goods. Read Full Story

EU Makes Changes To Tax Blacklist

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, March 14, 2018

The EU has removed three countries from its list of non-cooperative tax jurisdictions and added a further three. Read Full Story

UAE Tax Authority To Waive Late VAT Registration Penalties

Tuesday, March 13, 2018

The UAE's Federal Tax Authority has announced that it will waive late registration penalties for businesses that have not yet registered for VAT, on the condition that they do so by April 30 of this year. Read Full Story