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Ireland Publishes 2019 Finance Bill

by Jason Gorringe,, London

Friday, October 18, 2019

The Irish Government has published its 2019 Finance Bill, which introduces changes to a number of SME-targeted tax incentives and implements a range of measures announced in this month's Budget. Read Full Story


Italy May Probe Netflix's Tax Affairs

by Ulrika Lomas,, Brussels

Friday, October 11, 2019

Milan's Public Prosecutor's Office has launched an investigation into whether Netflix owes tax in Italy, Italian daily Corriere Della Sera reported October 3, 2019. Read Full Story


Finnish Budget For 2020 Agreed

by Ulrika Lomas,, Brussels

Friday, September 27, 2019

On September 17, 2019, the Finnish Ministry of Finance announced that the Government has reached an agreement on the contents of the 2020 Budget, which includes some tax reductions for both companies and individuals. Read Full Story


Saudi Arabia Begins Requesting Local, Master File

by Lorys Charalambous,, Cyprus

Friday, September 20, 2019

The General Authority of Zakat and Tax (GAZT) in Saudi Arabia published final transfer pricing by-laws, including transfer pricing documentation requirements proposed under the OECD's 2013 Base Erosion and Profit Shifting (BEPS) Action 13 Plan, on February 15, 2019. GAZT has now begun formally requesting the submission of specific transfer pricing documentation, in relation to the fiscal year ending December 31, 2018. Read Full Story


BVI, Seychelles To Automatically Exchange CbC Reports

by Ulrika Lomas,, Brussels

Friday, September 13, 2019

The OECD has revealed that the British Virgin Islands and Seychelles have newly signed up to its Multilateral Competent Authorities Agreement (MCAA) on country-by-country reporting. Read Full Story


OECD Helping States Make Most Of New CbC Data

by Ulrika Lomas,, Brussels

Thursday, September 5, 2019

Following the first exchanges of country-by-country (CbC) reports, work is underway to support the effective use of CbC reports by tax administrations in assessing transfer pricing and other BEPS-related risks, the OECD has said, in releasing a new progress update. Read Full Story


NZ Confirms Tax Rules For Employees Using Own Telecoms Devices

by Mary Swire,, Hong Kong

Thursday, August 22, 2019

New Zealand's tax agency has prepared new guidelines intended to clarify tax rules when employees use their own telecommunications tools and devices for work purposes. Read Full Story


NZ Tax Man To Enforce Real-Time PAYE Reporting

by Mary Swire,, Hong Kong

Thursday, August 22, 2019

New Zealand's Inland Revneue Department has said it is to challenge those employers who are currently failing to file their payroll information every payday. Read Full Story


US Appeals Court Backs Amazon In Transfer Pricing Case

by Mike Godfrey,, Washington

Thursday, August 22, 2019

On August 16, 2019, the United States Court of Appeals for the Ninth Circuit issued a decision in favor of Amazon, in a case involving the regulatory definition of intangible assets and the method of their valuation in a cost-sharing arrangement. Read Full Story


Belgium Accepting Amendments To Filed CbC Reports

by Ulrika Lomas,, Brussels

Thursday, August 8, 2019

Belgium's tax agency has announced that its MyMinfin portal is now open for multinational taxpayers seeking to correct errors in filed country-by-country reports. Read Full Story



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