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UK Urges Businesses To Prepare For VAT Process Disruptions

by Jason Gorringe, Tax-News.com, London

Monday, February 18, 2019

The UK Government has released VAT guidance for businesses on how existing IT processes will be impacted should the UK leave the EU on March 29, 2019, without a deal. Read Full Story

 


UK Tax Info Request To Dubai Resident Lawful, UK Court Says

by Jason Gorringe, Tax-News.com, London

Tuesday, February 12, 2019

The UK's Court of Appeal has ruled that HM Revenue and Customs acted lawfully when issuing a request to a British expat in Dubai for documents concerning his tax affairs. Read Full Story

 


Ireland Opposes Majority Voting On Major EU Tax Proposals

by Jason Gorringe, Tax-News.com, London

Tuesday, February 12, 2019

Irish Finance Minister Paschal Donohoe has said that he does not see the need for the EU to scrap the requirement for unanimous voting on tax issues. Read Full Story

 


Australia Explains Tax Disclosure Obligation On Largest Firms

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

Tuesday, February 12, 2019

The Australian Taxation Office has issued an e-brief on how companies can assess if they are required to submit a reportable tax position schedule. Read Full Story

 


Philippines To Double Down On Tax Audits

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

Tuesday, February 12, 2019

The Commissioner of the Philippines Bureau of Internal Revenue, Caesar Dulay, has said the country will introduce a more stringent audit program in 2019, to further improve the tax take. Read Full Story

 


Seychelles Brings Tax Perks Into Line With Int'l Standards

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

Tuesday, February 5, 2019

The Seychelles says that the OECD has found the territory to have made sufficient reforms to comply with its BEPS Action 5 standard on harmful tax regimes. Read Full Story

 


IRS Launches Tax Filing Season

by Mike Godfrey, Tax-News.com, Washington

Tuesday, February 5, 2019

The United States Internal Revenue Service has announced that it "successfully" opened the 2019 tax-filing season, with the the agency now accepting and processing federal tax returns for the 2018 tax year. Read Full Story

 


UK Legislates For Postponed Import VAT Accounting

by Jason Gorringe, Tax-News.com, London

Tuesday, February 5, 2019

The UK Government has published, and tabled before the House of Commons, The Value Added Tax (Accounting Procedures for Import VAT for VAT Registered Persons and Amendment) (EU Exit) Regulations 2019. Read Full Story

 


EU To Probe Potential Abuses Of Citizenship By Investment Schemes

by Ulrika Lomas, Tax-News.com, Brussels

Monday, January 28, 2019

For the first time, the Commission has presented a comprehensive report on investor citizenship and residence schemes operated by a number of EU member states. Read Full Story

 


New IFRS Accounting Standard On Leases Effective

by Jason Gorringe, Tax-News.com, London

Monday, January 21, 2019

International Financial Reporting Standard 16 'Leases', issued in January 2016, is effective for annual reporting periods starting on or after January 1, 2019. It replaces IAS 17 Leases and related interpretations. Read Full Story

 

 

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