Work News

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

Coronavirus Won't Delay Digital Tax Work, OECD Says
by Ulrika Lomas, Tax-News.com, Brussels
Monday, March 30, 2020
The OECD has said that it is continuing to forge ahead with the development of new international tax rules for the digitalized economy. Read Full Story

OECD Seeks Input Towards 2020 CbC Reporting Review
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, February 6, 2020
The OECD has released a public consultation document as part of a review into the new transfer pricing documentation rules introduced as part of BEPS Action 13. Read Full Story

OECD To Report On Potential Impact Of Its New Digital Tax Rules
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, February 6, 2020
The OECD is to host a webcast on February 13, 2020, to present its analysis of the potential impact of its proposals for international tax reform to address the tax challenges arising from the digitalization of the economy. Read Full Story

EU Backs 'Accidental Americans' In US Tax Fight
by Ulrika Lomas, Tax-News.com, Brussels
Monday, December 23, 2019
In a letter to United States Treasury Secretary Steven Mnuchin, the European Council has expressed concern at the lack of action by the US Government to alleviate the compliance burdens of EU nationals and financial institutions with regards to the US Foreign Account Tax Compliance Act. Read Full Story

OECD Releases Minimum Tax Plan To Solve Digital Tax Issues
by Ulrika Lomas, Tax-News.com, Brussels
Friday, November 15, 2019
The OECD on November 8, 2019, released its plans for a minimum tax on corporate profits, which is one element of a two-pronged approach to solving the tax challenges arising from the digitalization of the economy. Read Full Story

New Zealand Lining Up More Tax Relief For Fledgling Firms
by Mary Swire, Tax-News.com, Hong Kong
Friday, October 18, 2019
The New Zealand Government has announced that it will adopt two tax incentives proposed by the Tax Working Group: a deduction for "feasibility expenditure" for businesses, and relaxed loss continuity rules. Read Full Story

BEPS Inclusive Framework States Agree Digital Tax Roadmap
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, June 5, 2019
The 129 member states party to the OECD's Inclusive Framework on Base Erosion and Profit Shifting has agreed a work program on how to achieve a new global agreement for taxing multinational enterprises, by resolving the tax challenges from the digitalization of the economy. Read Full Story

NZ Accountants Welcome Tax Reform Decisions
by Mary Swire, Tax-News.com, Hong Kong
Monday, April 29, 2019
Chartered Accountants Australia and New Zealand (CA ANZ) has given a guarded welcome to the New Zealand Government's response to the recommendations of the Tax Working Group. Read Full Story

Mauritius Announces Company Tax Reforms In New Budget
by Lorys Charalambous, Tax-News.com, Cyprus
Thursday, June 21, 2018
Mauritius announced wide-ranging changes to its tax regime in its latest Budget, including for companies. Read Full Story
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