enforcement News

Korea Enacts 2019 Tax Revision Bill

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

Last updated 47 hours ago | Wednesday, January 15, 2020

The Korean Government has announced that the 2019 Tax Revision Bill was enacted on January 6, 2020, with a number of new measures added to the existing proposals. Read Full Story

Nigeria Offers Grace Period For Obtaining Tax Clearance Certificates

by Lorys Charalambous, Tax-News.com, Cyprus

Wednesday, January 15, 2020

The Executive Chairman of Nigeria's Federal Inland Revenue Service, Muhammad Nami, has signed a notice providing companies with an extra 30-day window to obtain a tax clearance certificate. Read Full Story

Nigeria To Begin Tax Enforcement Campaign

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, December 23, 2019

On December 17, 2019, Nigeria's Federal Inland Revenue Service issued a seven-day notice to tax defaulters and announced that it will soon begin a nationwide tax enforcement campaign in order to pursue those with unpaid taxes. Read Full Story

UK Gov't To Pursue Brexit, Digital Services Tax After Election Win

by Jason Gorringe, Tax-News.com, London

Monday, December 16, 2019

The Conservative Party in the UK has won an outright majority in elections held on December 12, 2019. Read Full Story

Liechtenstein, Switzerland Agree Administrative Cooperation On VAT

by Ulrika Lomas, Tax-News.com, Brussels

Monday, December 16, 2019

Liechtenstein and Switzerland have agreed a new cooperation pact in the area of value-added tax administration and enforcement. Read Full Story

Warren Announces US Corporate Tax And Wealth Tax Plans

by Mike Godfrey, Tax-News.com Washington

Friday, November 8, 2019

On November 1, 2019, the presidential campaign of United States Senator Elizabeth Warren (D-MA) published plans for a system of universal Medicare that will be partially funded by tax increases on large corporations and wealthy individuals, as well as by stricter anti-tax avoidance rules. Read Full Story

Tax Agencies Meet To Discuss Use Of Big Data Analysis

by Ulrika Lomas, Tax-News.com, Brussels

Friday, October 18, 2019

Tax agencies from 31 countries discussed the ways they are using data analysis tools to improve tax enforcement and administration, at the first meeting of the IOTA Forum on Tax Debt Management, held in Prague, Czech Republic, On October 1-3, 2019. Read Full Story

Trinidad And Tobago's Budget Focused At Companies

by Mike Godfrey, Tax-News.com, Washington

Tuesday, December 31, 2019

Caribbean territory Trinidad and Tobago announced changes to corporate tax breaks in its 2020 Budget, in which it committed to clear the almost TTD4.5bn (USD664m) in unpaid VAT refunds. Read Full Story

Zambia Decides To Keep VAT, Amend Tax For Miners In 2020 Budget

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, October 4, 2019

Zambia announced that it will retain value-aded tax but strengthen its administration and make changes to the tax environment for mining companies in the 2020 Budget, released on September 27, 2019. Read Full Story

Sanders Unveils US Wealth Tax

by Mike Godfrey, Tax-News.com Washington

Friday, September 27, 2019

United States Senator Bernie Sanders (D-VT), a leading contender for the Democratic presidential nomination, has proposed a new tax, as well as a series of enforcement measures, targeting America's wealthiest individuals. Read Full Story

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