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AICPA Urges IRS To Augment Virtual Currency Guidance

by Mike Godfrey, Tax-News.com, Washington

Monday, June 4, 2018

The American Institute of CPAs has urged the Internal Revenue Service to supplement its guidance on the tax treatment of virtual currency transactions with answers to a set of frequently asked questions. Read Full Story

 


Norway's Parliament Rejects 'Google Tax' Proposal

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, May 29, 2018

Norway's parliament, the Storting, has rejected a legislative proposal for the introduction of a tax on digital business models, labeled the "Google tax," recommending instead that the Government explore the issue of digital taxation in partnership with the OECD. Read Full Story

 


Canada Urged To Introduce Digital Tax Nexus Rules

by Mike Godfrey, Tax-News.com, Washington

Friday, April 27, 2018

The Canadian Parliament's international trade committee has recommended that the federal Government tax products supplied to Canadian consumers by online platforms. Read Full Story

 


German Industry Cautions Against EU Digital Tax

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, April 19, 2018

The Federal Association of German Industry has said that proposals for a tax on digital companies will be detrimental to the European economy and exacerbate trade tensions between Europe and the United States. Read Full Story

 


Poland Draws Fire For 'Draconian' Virtual Currency Tax Policy

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, April 17, 2018

A petition has been started in Poland in protest at the Government's new transaction tax on cryptocurrency trading, which is expected to be applied retrospectively. Read Full Story

 


Sweden Proposes Gaming Revenue Tax

by Ulrika Lomas, Tax-News.com, Brussels

Monday, April 9, 2018

The Swedish Government has proposed a new licensing and tax regime for the gambling sector intended to regulate the activities of remote gambling firms providing services in Sweden from other jurisdictions. Read Full Story

 


Belgian Court Annuls Online Gaming VAT

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, March 28, 2018

Belgium's Constitutional Court has annulled legislation which extended value-added tax to the supply of online gaming and gambling services to customers in Belgium. Read Full Story

 


Kazakhstan Clarifies E-Commerce Tax Exemption

by Tatiana Smolenskaya, Tax-News.com, Moscow

Thursday, March 22, 2018

The Department of State Revenues in Kazakhstan has issued a statement clarifying when e-commerce traders can claim an exception from income tax under the new tax code, which went into effect on January 1, 2018. Read Full Story

 


PwC India Urges GST Regime Simplification

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

Tuesday, March 20, 2018

PwC India has called for simplification of India's goods and services tax regime, in a report to mark 200 days since the regime entered into force. Read Full Story

 


Think Tank Urges SCOTUS Ruling For S Dakota In Quill Sales Tax Case

by Mike Godfrey, Tax-News.com, Washington

Tuesday, March 13, 2018

Ahead of the US Supreme Court hearing on South Dakota v. Wayfair, Inc. on April 17, which will discuss whether states may tax internet retailers that have no physical presence within their territory, the Tax Foundation has discussed solutions for taxing e-commerce in the United States. Read Full Story

 

 

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