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Australia Expects MNE Voluntary Tax Compliance To Grow

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

Friday, December 8, 2017

Australia has released figures on the tax contribution made by Australia's large companies and multinationals, reporting a voluntary tax compliance rate of 91 percent and stating that revenues will increase significantly as a result of a raft of new legislation brought in to encourage multinationals to drop aggressive tax planning arrangements. Read Full Story

 


EU Auditors Concerned By Customs Tax Loopholes

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 8, 2017

EU customs controls are not being applied effectively, an EU audit has found, with importers able to take advantage of loopholes to reduce or evade their duty liabilities. Read Full Story

 


AmCham EU Speaks Out Against EU Digital Tax Proposals

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, December 6, 2017

The American Chamber of Commerce in the European Union has criticized the proposals put forward in the European Commission's recent consultation on options for new tax rules or a new tax on digital firms. Read Full Story

 


EU States To Work Together To Stamp Out VAT Fraud

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 1, 2017

On November 30 the European Commission released new tools intended to make the European Union's value-added tax system more resilient to fraud. Read Full Story

 


Ireland Extends CbC Reporting Deadline

by Jason Gorringe, Tax-News.com, London

Wednesday, November 29, 2017

The Irish tax authority has extended until February 28, 2017, the deadline for multinational corporations to submit their country-by-country reports for fiscal years ending in 2016. Read Full Story

 


Australia Extends CbC Reporting Deadline

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

Tuesday, November 28, 2017

The Australian Taxation Office has extended until February 15, 2018, the deadline for "significant global entities" to file their country-by-country reports. Read Full Story

 


Canada To Respond To Taxpayer Services Criticism

by Mike Godfrey, Tax-News.com, Washington

Tuesday, November 28, 2017

The Canada Revenue Agency's call centers fail to provide taxpayers with timely access to agents to answer their queries, according to a new report by the Office of the Auditor General. Read Full Story

 


IRS Failing To Properly Vet Third-Party Filers, TIGTA Says

by Mike Godfrey, Tax-News.com, Washington

Tuesday, November 21, 2017

The IRS is not always verifying that its third party electronic filing providers meet the required standards, according to a report released on November 20 by the Treasury Inspector General for Tax Administration. Read Full Story

 


Bulgaria Requires CbC Reports By Year End

by Ulrika Lomas, Tax-News.com, Brussels

Monday, November 13, 2017

Bulgaria has said that multinationals covered by the country's new transfer pricing country-by-country reporting regime should submit their first report by December 31, 2017. Read Full Story

 


South African Tax Man Stresses Integrity Of Tax Refund System

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, November 6, 2017

The South African Revenue Service announced on October 30 that it had paid over ZAR120bn (USD8.4bn) in refunds across all tax types in the last seven months, from the beginning of April of the tax season to date. Read Full Story

 

 

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