fees News

UK Eyeing VAT Rule Changes For Sharing Economy
by Jason Gorringe, Tax-News.com, London
Tuesday, December 22, 2020
The UK Government is inviting input on the tax challenges associated with the rise of the sharing economy. Read Full Story

UK To Strengthen Insurance Premium Tax Rules
by Jason Gorringe, Tax-News.com, London
Tuesday, November 10, 2020
On November 5, 2020, HM Revenue and Customs issued a consultation on proposals to improve the administration of Insurance Premium Tax (IPT) and prevent unfair outcomes. Read Full Story

Hong Kong Releases New Guidance On Advance Rulings
by Mary Swire, Tax-News.com, Hong Kong
Friday, May 1, 2020
Hong Kong has updated its guidance on advance rulings, to reflect changes to Hong Kong's practices as a result of its efforts to comply with the OECD's minimum standards proposed as part of the base erosion and profit shifting (BEPS) Action Plan. 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

Panama Announces COVID-19 Tax Reliefs
by Mike Godfrey, Tax-News.com, Washington
Wednesday, April 15, 2020
Panama has announced a broad range of supports for taxpayers, in response to the COVID-19 pandemic. Read Full Story

European Parliament Seeks Aligned EU-UK Rules
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, February 20, 2020
Members of the European Parliament want the EU and UK to reach an ambitious new free trade agreement, but have stressed that there must be a "level playing field." Read Full Story

USTR Holds Public Hearing On French Digital Tax
by Mike Godfrey, Tax-News.com Washington
Wednesday, January 8, 2020
On January 6, 2020, the United States Trade Representative (USTR) announced that an on-the-record but off-camera public hearing would be held on January 7 on proposed action against France's digital services tax (DST). Read Full Story

Austria Publishes Digital Tax Guide
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, January 8, 2020
The Austrian Ministry of Finance has published guidance in English regarding the Digital Tax Act 2020, which was approved by the upper house of the Austrian parliament on October 10, 2019, and which applies to the provision of digital advertising services from 2020. Read Full Story

US Considers Retaliation Against French Digital Services Tax
by Mike Godfrey, Tax-News.com Washington
Friday, December 6, 2019
The United States may impose additional duties of up to 100 percent on certain French products in retaliation for France's digital services tax, which a newly published report by the US Trade Representative has concluded discriminates against certain US companies. Read Full Story

Starbucks' Dutch Tax Ruling Vindicated By EU General Court
by Ulrika Lomas, Tax-News.com, Brussels
Friday, September 27, 2019
On the same day the Court ruled against Fiat's appeal, the EU General Court has decided that Starbucks was not in fact granted a selective tax advantage in a Dutch tax ruling, contrary to a European Commission conclusion. Read Full Story
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