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Germany Issues EU Presidency Tax Priorities

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 5 hours ago | Tuesday, September 29, 2020

On September 22, 2020, Germany provided further details about the government's tax policy priorities for its presidency of the European Union. Read Full Story

 


UAE To Allow Loans Secured By Movable Property

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, September 22, 2020

The United Arab Emirates has released a new law that would allow businesses to use movable property to secure bank and commercial loans. Read Full Story

 


UK To Collect Interest On Overdue Digital Services Tax

by Jason Gorringe, Tax-News.com, London

Tuesday, September 22, 2020

The UK Government on September 16, 2020, tabled The Taxes (Interest Rate) (Amendment No. 2) Regulations 2020, which will enable HM Revenue and Customs to collect or pay interest on overpaid or underpaid digital services tax liabilities. Read Full Story

 


Cyprus Adds To Guidance On Calculation Of NIDs

by Lorys Charalambous, Tax-News.com, Cyprus

Last updated 5 hours ago | Tuesday, September 29, 2020

The Cyprus Tax Department has released ten-year government bond yield rates for five new territories, to support businesses in calculating claims for Cyprus's Notional Interest Deduction. The rates are for Bermuda, Denmark, Jordan, Portugal, and Switzerland. Read Full Story

 


Netherlands Cancels Corporate Tax Rate Cut

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, September 22, 2020

The Dutch Government has decided to cancel a planned decrease in the corporate tax rate in its 2021 Tax Plan. Read Full Story

 


Switzerland To Draft New Customs Tax Act

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, September 16, 2020

On September 11, 2020, the Swiss Federal Council launched a consultation on proposals for the total revision of the customs system. Read Full Story

 


France Enhances COVID-19 Tax-Free Bonus Scheme

by Ulrika Lomas, Tax-News.com, Brussels

Monday, September 14, 2020

The French tax authority has announced that it will modify and extend a scheme that allows employers to pay workers tax-free bonuses. Read Full Story

 


New Zealand Updates Virtual Currency Tax Guidance

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

Wednesday, September 16, 2020

New Zealand's Inland Revenue on September 7, 2020, announced the release of updated guidance on the tax treatment of crypto-assets in New Zealand, including virtual currencies. Read Full Story

 


UK Reviewing VAT Group Rules

by Jason Gorringe, Tax-News.com, London

Monday, September 14, 2020

The UK Government has recently issued a call for evidence from UK VAT groups on future policy reform. Read Full Story

 


France Planning EUR20bn In Business Tax Cuts

by Ulrika Lomas, Tax-News.com, Brussels

Monday, September 14, 2020

The French Government has announced proposals to cut taxes on production by EUR20bn (USD23.7bn) in 2021 and 2022. Read Full Story

 

 

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