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UAE Adapts Economic Substance Rules To COVID-19

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, June 25, 2020

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US IRS Sets Out Details Of COVID-19 Tax Breaks

by Mike Godfrey, Tax-News.com Washington

Friday, May 15, 2020

On May 7, 2020, the United States Internal Revenue Service issued a reminder to employers affected by COVID-19 about the tax credits made available to them under the Coronavirus Aid, Relief, and Economic Security Act. Read Full Story

 


COVID-19: Netherlands Announces Extra Tax Help For Small Businesses

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, April 15, 2020

On April 2, 2020, the Dutch Ministry of Finance announced that the rules for requesting tax payment deferrals have been simplified and extended to cover additional taxes. Read Full Story

 


IRS Launches COVID-19 Employee Retention Tax Credit

by Mike Godfrey, Tax-News.com Washington

Wednesday, April 15, 2020

On March 31, 2020, the United States Treasury Department and the Internal Revenue Service launched the Employee Retention Credit scheme, designed to encourage businesses to keep employees on their payroll amid the COVID-19 crisis. Read Full Story

 


COVID-19: Germany Allowing Businesses To Defer Taxes

by Ulrika Lomas, Tax-News.com, Brussels

Monday, March 30, 2020

The German Ministry of Finance has adopted a circular including various tax relief measures for businesses affected by the coronavirus outbreak. Read Full Story

 


UK's IR35 Reforms Delayed For One Year

by Jason Gorringe, Tax-News.com, London

Monday, March 30, 2020

The UK Government has announced that the expansion of the off-payroll working rules, known as IR35, will be delayed until April 2021, in light of the COVID-19 outbreak. Read Full Story

 


Switzerland Reports Bumper Tax Receipts For 2019

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, March 3, 2020

Higher tax receipts helped Switzerland to another surplus in 2019, with withholding tax and direct federal tax performing particularly well. Read Full Story

 


Democrat Bill Targets GILTI High-Tax Exclusion

by Mike Godfrey, Tax-News.com Washington

Thursday, February 20, 2020

Democrats in the United States Senate have introduced a bill that would block proposals to introduce a "high-tax exemption" to the Global Intangible Low-Tax Income regime. Read Full Story

 


OECD Release Landmark TP Guidance On Financial Transactions

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, February 20, 2020

The OECD has released a report providing transfer pricing guidance on financial transactions, as part of its follow-up work on tackling tax base erosion and profit shifting, under Actions 4, 8, 9, and 10 of the BEPS Action Plan. Read Full Story

 


Switzerland Confirms Status Quo With UK

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, February 6, 2020

Switzerland has said that the withdrawal of the UK from the EU on January 31 will not change the relationship between Switzerland and the UK in the near future. Read Full Story

 

 

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