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corporation tax News




UK Issues COVID-19 Guidance On Interest Expense Deduction Regime

by Jason Gorringe, Tax-News.com, London

Friday, July 3, 2020

HM Revenue and Customs has released an update to guidance on the UK's interest deduction limitation rules for corporate groups regarding the appointment of a reporting company. Read Full Story

 


German Parliament Approves COVID-19 Tax Package

by Ulrika Lomas, Tax-News.com, Brussels

Friday, July 3, 2020

Both houses of the German parliament have now approved the EUR130bn (USD146bn) COVID-19 economic stimulus plan, which includes numerous tax relief measures. Read Full Story

 


US Withdraws From International Digital Tax Talks

by Mike Godfrey, Tax-News.com Washington

Friday, July 3, 2020

US Trade Representative Robert Lighthizer told a congressional hearing on June 17, 2020, that the US Government has withdrawn from international negotiations on new global tax rules for digital companies at the OECD. Read Full Story

 


COVID-19: Austria To Bring Forward Individual Income Tax Cut

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, June 25, 2020

Austrian Finance Minister Gernot Blumel said on June 16, 2020, that elements of an income tax cut package agreed by the governing coalition earlier this year will be brought forward as part of a post-COVID-19 economic stimulus package. Read Full Story

 


German Cabinet Approves COVID-19 Stimulus Package

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, June 25, 2020

A EUR130bn (USD148bn) fiscal stimulus package with numerous tax measures, intended to help revive the German economy following the COVID-19 pandemic, was approved by the Federal Cabinet on June 12, 2020. Read Full Story

 


Finland Considers COVID-19 Tax Increases

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, May 28, 2020

On May 8, 2020, the Finnish Government published a report which explores the economic and fiscal consequences of the COVID-19 pandemic for Finland and considers what taxes could be increased to help restore the public finances. Read Full Story

 


Netherlands Mulling Tax System Overhaul

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, May 28, 2020

The Dutch Government has submitted a report to parliament which includes an extensive set of proposals intended to improve and "future-proof" the country's tax system. Read Full Story

 


COVID-19: Ireland Eases Close Company Surcharge Rules

by Jason Gorringe, Tax-News.com, London

Friday, May 15, 2020

The Irish Revenue has announced the implementation of temporary measures in relation to the close company surcharge regime, in response to the coronavirus pandemic. Read Full Story

 


COVID-19: Netherlands Relaxes Loss Carry Back Rules

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 15, 2020

The Dutch Ministry of Finance has announced that companies will be able to more quickly carry back losses they expect to make this year against profits made in 2019. Read Full Story

 


US IRS Announces TCJA Compliance Campaign

by Mike Godfrey, Tax-News.com Washington

Friday, May 15, 2020

On May 1, 2020, the United States Internal Revenue Service Large Business and International Division announced a new compliance campaign focusing on the 2017 Tax Cuts and Jobs Act and the recently enacted Coronavirus Aid, Relief and Economic Security Act. Read Full Story

 

 

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