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corporation tax News




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

 


COVID-19: Philippines Further Extends Multiple Tax Deadlines

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

Friday, May 15, 2020

The Philippines has announced that it will again extend tax filing and payment deadlines, following the prolongation of restrictive measures during the coronavirus outbreak. Read Full Story

 


COVID-19: Belgium Extends Corporate Tax Return Deadline

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 1, 2020

On April 29, 2020, the Belgian tax authority announced changes to the deadline for the submission of annual corporate tax declarations due to the COVID-19 crisis. Read Full Story

 


Germany Explains COVID-19 Tax Refunds

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 1, 2020

On April 23, 2020, the German Ministry of Finance confirmed that taxpayers suffering from liquidity problems due to COVID-19 can apply for a refund of advance tax payments made in 2019. Read Full Story

 


German EU Presidency Will Focus On Tax Issues: Merkel

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 1, 2020

On April 25, 2020, German Chancellor Angela Merkel said that Germany would attempt to seek agreement on a financial transaction tax and a minimum corporate tax when it assumes the presidency of the European Union in July 2020. Read Full Story

 


South Africa Details New COVID-19 Tax Measures

by Robert Lee, Tax-News.com, London

Friday, May 1, 2020

On April 23, 2020, the National Treasury of South Africa provided further details of the additional COVID-19 tax support measures first announced by President Cyril Ramaphosa on April 21. Read Full Story

 


Irish Revenue Issues Guidance On COVID-19 Corporate Tax Return Deferral

by Jason Gorringe, Tax-News.com, London

Friday, May 1, 2020

The Irish Revenue has updated its guidance on the impact on relief claims of the late filing of corporate tax returns, in the context of the coronavirus pandemic. Read Full Story

 


Dutch Report On Reforming Tax Rules For Multinationals Published

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 1, 2020

On April 15, 2020, a government-commissioned report on the taxation of multinationals was submitted to the State Secretary of Finance recommending various changes to make the Dutch tax system fairer while maintaining the jurisdiction's tax competitiveness. Read Full Story

 


UK Digital Tax Guidance Needed On Scope, Liability: CIOT

by Jason Gorringe, Tax-News.com, London

Friday, May 1, 2020

The Chartered Institute of Taxation has called on the UK Government to clarify questions remaining about the UK's Digital Services Tax, which became effective this month. Read Full Story

 


Belgium Announces COVID-19 Tax Measures

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, April 15, 2020

On April 3, 2020, the Belgian tax authority announced an increase in the credit available for timely advance tax payments to provide businesses and the self-employed a liquidity boost amid the COVID-19 crisis. Read Full Story

 

 

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