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Seychelles Seeks Input On Corporate Tax Regime Overhaul

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, July 16, 2019

The Government of Seychelles has launched a consultation to seek views on an overhaul to the territory's business tax regime, with a new regime proposed to be implemented from 2020. Read Full Story

 


Luxembourg Publishes Guidance On New IP Tax Breaks

by Ulrika Lomas, Tax-News.con, Brussels

Tuesday, July 16, 2019

The Luxembourg direct tax administration has published a circular including comprehensive guidance for the recently introduced changes to the special tax regime for intellectual property income. Read Full Story

 


Malaysia Explains New Cap On Interest Expense Deductions

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

Tuesday, July 16, 2019

The Inland Revenue Board of Malaysia has released new guidance on restrictions to the deductibility of interest expenses. Read Full Story

 


Zambia Delays VAT Again, Until September

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, July 5, 2019

Zambia has once again pushed back implementation of a sales tax in place of value-added tax, to September 1, 2019. Read Full Story

 


OECD Issues BEPS Progress Report To G20 Leaders

by Ulrika Lomas, Tax-News.com, Brussels

Friday, July 5, 2019

In a report released for G20 leaders ahead of their meeting in Osaka on June 30-31, 2019, the OECD provided a progress update on its international tax reform work, including on base erosion and profit shifting, and on international tax transparency initiatives. Read Full Story

 


Bolivian Tax Amnesty To Close June 28

by Mike Godfrey, Tax-News.com, Washington

Friday, June 21, 2019

Bolivian taxpayers have until a twice-extended deadline of June 28, 2019, to regularize their affairs and benefit from reduced penalty rates. Read Full Story

 


IRS Opens US Compliance Assurance Program To Applicants

by Mike Godfrey, Tax-News.com, Washington

Friday, June 21, 2019

On June 14, 2019, the US Internal Revenue Service announced that it is looking for new applicants for the Compliance Assurance Process (CAP), a cooperative compliance program aimed at publicly traded corporate taxpayers. Read Full Story

 


Mauritius Overhauls Tax Regime In 2019-20 Budget

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, June 21, 2019

Mauritius announced a multitude of changes to all areas of its tax regime in its 2019-2020 Budget, including international tax reforms; value-added tax changes; new corporate tax relief measures, including a new patent box regime; a regime for peer-to-peer lending; individual tax breaks; and a tax amnesty scheme. Read Full Story

 


OECD Fleshes Out Int'l Tax Reform Plans During BEPS Webcast

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, June 13, 2019

During a webcast on June 11, the OECD provided a technical update on its work to develop new, modernized international tax rules for the digitalized economy. Read Full Story

 


Global Tax Information Exchange Has Netted States Billions

by Ulrika Lomas, Tax-News.com, Brussels

Friday, June 21, 2019

The OECD has reported on the progress achieved to improve tax transparency internationally under the new Common Reporting Standard (CRS), ahead of the meeting of G20 finance ministers in Fukuoka, Japan. Read Full Story

 

 

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