enforcement News

Ecuador Introduces Amnesty And Taxes On Assets

by Mike Godfrey, Tax-News.com, Washington

Wednesday, January 5, 2022

Legislation has been enacted in Ecuador to introduce new taxes on companies and wealthy individuals, to fund government efforts during the COVID-19 pandemic. Read Full Story

Experts To Explain New Toolkit On Transfer Pricing Documentation

by Ulrika Lomas, Tax-News.com, Brussels

Monday, February 15, 2021

A webinar is to be held on February 17, 2021, on the Platform for Collaboration on Tax's toolkit on Transfer Pricing Documentation. Read Full Story

Cayman Tables Law For Digital Asset Business Regime

by Jason Gorringe, Tax-News.com, London

Tuesday, November 17, 2020

The Government of the Cayman Islands has published legislation in its Official Gazette to introduce a regulatory regime for virtual asset service providers (VASPs). Read Full Story

Switzerland To Draft New Customs Tax Act

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, September 16, 2020

On September 11, 2020, the Swiss Federal Council launched a consultation on proposals for the total revision of the customs system. Read Full Story

US Businesses Urge Against Starting A Digital Tax 'Trade War'

by Mike Godfrey, Tax-News.com, Washington

Friday, July 24, 2020

The United States Council for International Business has called on US authorities to focus its efforts on working with other countries to arrive at an international tax solution to the digitalized economy, rather than tackling countries' unilateral responses. Read Full Story

J5 Group Marks Two Years Of Collaboration On Tackling Fiscal Crime

by Mike Godfrey, Tax-News.com Washington

Friday, July 17, 2020

On July 13, 2020, the US Internal Revenue Service (IRS) issued a progress report on the last two years' work of the J5 group of five advanced countries, who are working collaboratively to tackle cross-border tax fraud. Read Full Story

OECD Publishes Comments On Gig Economy Reporting Framework

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 1, 2020

The OECD has published the comments it has received on a proposal for a framework of Model Rules for sharing and gig economy platforms to report the activities of their users, to support tax authorities to ensure the collection of tax. Read Full Story

COVID-19: Austria Suspends Tax Administrative Proceedings

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, April 15, 2020

The Austrian Ministry of Finance has announced that proceedings in relation to tax offences and the payment of duties and fees will be extended due to restrictions on movement imposed as a result of the COVID-19 virus. Read Full Story

OECD Updates List Of International COVID-19 Measures

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, April 15, 2020

On April 9, 2020, the OECD released an update to a spreadsheet hosted on its website that maps out all the various tax policy responses countries have taken to support individual and corporate taxpayers following the outbreak of COVID-19. Read Full Story