audit News

OECD Updates List Of International COVID-19 Measures
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, April 15, 2020
On April 9, 2020, the OECD released an update to a spreadsheet hosted on its website that maps out all the various tax policy responses countries have taken to support individual and corporate taxpayers following the outbreak of COVID-19. Read Full Story

Italy Suspends Tax Assessments Over COVID-19
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, March 17, 2020
On March 12, 2020, the Italian Revenue Agency announced the suspension of its audit activities in light of the COVID-19 outbreak. Read Full Story

Nigeria To Begin Tax Enforcement Campaign
by Lorys Charalambous, Tax-News.com, Cyprus
Monday, December 23, 2019
On December 17, 2019, Nigeria's Federal Inland Revenue Service issued a seven-day notice to tax defaulters and announced that it will soon begin a nationwide tax enforcement campaign in order to pursue those with unpaid taxes. Read Full Story

Italy To Support Armenia To Implement BEPS Reforms
by Ulrika Lomas, Tax-News.com, Brussels
Monday, December 2, 2019
Tax officials in Armenia are to receive support from the Italian Revenue Agency to implement initiatives to tackle tax base erosion and profit shifting. Read Full Story

Slovenian Lawmakers Approve Corporate Minimum Tax Plan
by Ulrika Lomas, Tax-News.com, Brussels
Friday, November 15, 2019
On October 23, 2019, Slovenia's National Assembly adopted a package of tax measures which includes changes to corporate, personal, and capital gains taxes. Read Full Story

South Africa Launches Large Business Center
by Lorys Charalambous, Tax-News.com, Cyprus
Monday, October 28, 2019
On October 23, 2019, the Commissioner of the South African Revenue Service launched the re-established Large Business Centre, which aims to bring about higher levels of voluntary tax compliance among large taxpayers. Read Full Story

IRS Expands Virtual Currency Tax Guidance
by Mike Godfrey, Tax-News.com Washington
Friday, October 11, 2019
On October 9, 2019, the United States Internal Revenue Service issued two new pieces of guidance for taxpayers who engage in transactions involving virtual currency. Read Full Story

Irish Tax Investigations Typically Last Almost A Year
by Jason Gorringe, Tax-News.com, London
Friday, October 18, 2019
Ireland's Comptroller and Auditor General has released a new report on the Irish Revenue's compliance activities during 2018, and its efforts to improve how it interacts with taxpayers since a review in 2012. Read Full Story

Sanders Unveils US Wealth Tax
by Mike Godfrey, Tax-News.com Washington
Friday, September 27, 2019
United States Senator Bernie Sanders (D-VT), a leading contender for the Democratic presidential nomination, has proposed a new tax, as well as a series of enforcement measures, targeting America's wealthiest individuals. Read Full Story

Tax Experts Have Helped Developing Countries Net USD500m In Tax
by Ulrika Lomas, Tax-News.com, Brussels
Friday, September 27, 2019
The international community has made important progress in improving developing countries' ability to tax multinational enterprises and boost domestic revenue mobilization, says the annual report for the initiative Tax Inspectors Without Borders. Read Full Story
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