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IoM Consults On Proposal To Distribute Dormant Bank Account Funds

by Amanda Banks, Tax-News.com, London

Thursday, September 13, 2018

The Isle of Man Government has launched a community consultation on the Dormant Assets Bill 2018, which proposes to distribute money held in dormant bank accounts to good causes. Read Full Story

 


Finnish Government Reaches 2019 Budget Agreement

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, September 4, 2018

A number of incentives have been included in the Finnish Government's 2019 Budget to encourage investment in the shares of both small and listed companies. Read Full Story

 


Luxembourg Introduces New VAT Group Regime

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, August 9, 2018

Bill of law no. 7278, providing for the implementation of new value-added tax grouping rules in Luxembourg, entered into force on July 31, 2018. The bill was approved by parliament on July 26. Read Full Story

 


OECD Welcomes Dutch Efforts To Counter BEPS

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, July 4, 2018

The OECD has welcomed efforts by the Dutch Government to tackle base erosion and profit shifting but called for the overall tax regime to be simplified, including in area of value-added tax. Read Full Story

 


France Exits EU's Excessive Deficit Procedure

by Ulrika Lomas, Tax-News.com, Brussels

Sunday, July 1, 2018

France has made adequate fiscal consolidation efforts to exit the EU's excessive deficit procedure, the EU Council recently agreed, while calling on Hungary and Romania to adopt tax or expenditure measures to shore up their finances. Read Full Story

 


Tech Groups Raise Concerns About EU Digital Tax

by Ulrika Lomas, Tax-News.com, Brussels

Sunday, July 1, 2018

The European Commission's proposal for a digital services tax would be "deeply harmful" to the EU business environment and may lead to double taxation, a coalition of business and technology groups has warned EU leaders. Read Full Story

 


Mauritius Announces Company Tax Reforms In New Budget

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, June 21, 2018

Mauritius announced wide-ranging changes to its tax regime in its latest Budget, including for companies. Read Full Story

 


Netherlands To Champion EU VAT Law Change For Cost-Sharing Groups

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, June 14, 2018

The Dutch Ministry of Finance has reassured taxpayers that it seeking to resolve at EU level reform of the EU's value-added tax rules concerning cost-sharing groups, following the European Court of Justice's rulings in DNB Banka (Case C-326/15) and Aviva Towarzystwo (Case C 605/15). Read Full Story

 


Tax Regime Overhaul Announced In Barbados

by Mike Godfrey, Tax-News.com, Washington

Thursday, June 14, 2018

Barbados's new government has issued a new Budget that would raise corporate and income tax rates, repeal the National Social Responsibility Levy and road tax and make other value-added tax and levy changes. Read Full Story

 


US CPAs Recommend Easing Tax Rules On Partners Of Audited Firms

by Mike Godfrey, Tax-News.com, Washington

Tuesday, May 22, 2018

The American Institute of Certified Public Accountants has recommended that proposed regulations regarding the Centralized Partnership Audit Regime should provide "maximum flexibility" in adjusting the tax attributes of an audited partnership and its partners. Read Full Story

 

 

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